This table is compiled with the results of the annual Graduate Employment Survey(GES) AY22-23 which is administered to graduates about 6 months after taking their final examinations in SMU. 1,982 fresh graduates and 167 follow-up graduates from SMU were surveyed in November 2022 and the overall response rate obtained was 76.3% and 82.0% respectively. Salaries shown are on a per-month basis.
Source: MOE
SMU Programme Overall Employment Rate (%) Full-Time Perm ER (%) Median Gross Salary (S$) 25th Percentile Gross Salary (S$) 75th Percentile Gross Salary (S$)
School of Accountancy (4-year programme)6
Accountancy 98.1% 96.1% $3,825 $3,600 $4,600
Cum Laude and above 100.0% 98.0% $4,025 $3,600 $5,500
School of Business (4-year programme)6
Business Management 94.3% 86.5% $4,400 $3,700 $5,200
Cum Laude and above 97.4% 93.1% $4,800 $4,050 $6,084
School of Economics (4-year programme)6
Economics 97.2% 89.9% $4,500 $4,000 $5,200
Cum Laude and above 100.0% 98.6% $4,500 $4,091 $5,700
School of Computing and Information Systems (4-year programme)6
Information Systems 95.1% 93.4% $5,400 $4,700 $6,166
Cum Laude and above 96.0% 94.4% $5,638 $4,900 $6,500
School of Social Sciences (4-year programme)6
Social Sciences 91.4% 83.3% $4,000 $3,500 $4,600
Cum Laude and above 94.3% 88.6% $4,316 $3,795 $4,900
School of Law (4-year programme)6
Law7 94.1% 91.1% $6,375 $5,500 $6,800
Cum Laude and above 92.4% 92.4% $6,400 $6,000 $7,000
Refer to our university course selection guide on how to use the information here effectively to aid your selection of a course/major.
Additional Notes:
1. The employment rates refer to the number of graduates employed as a proportion of economically active graduates (i.e. graduates who have entered the labour market) as of 1 Nov 2022 (i.e. approximately 6 months after completing their final examinations).
2. Overall employment includes all types of full-time and part-time/temporary employment.
3. Full-time permanent employment refers to employment of at least 35 hours a week and where the employment is not temporary. It includes those on contracts of one year or more.
4. Gross monthly salary pertains only to full-time permanently employed graduates. It comprises the basic salary, fixed allowances, over-time pay and commissions. Employer’s CPF contributions, bonuses, stock options, other lump sum payments, and payments-in-kind are excluded.
5. SMU’s courses are direct 4-yr programmes and graduates could be awarded Cum Laude and above, Merit, High Merit or no awards. The data for SMU’s courses above is displayed in 2 categories: (i) overall results for all graduates within the course regardless of the award they attained, and (ii) results for the graduates awarded Cum Laude and above. Should the graduates undertake more than 1 Degree (e.g. Dual Degree programme), they have been classified based on their first Degree.
6. Data on law graduates are obtained from a follow-up survey on 2021 graduates after they have completed their practical law course/pupilage.
Frequently Asked Questions:
1. What is median salary?
The median monthly salary is the salary of the ‘central’ (i.e. 50th Percentile) graduate in a set of full-time permanently employed graduates when they are arranged in a sequential order by salary. The median is a useful reference when the salary data is not evenly distributed (e.g. when the group contains graduates with exceptionally low or high salaries, especially when the number of respondents is relatively small).
2. What do the 25th and 75th percentile gross monthly salaries indicate?
If there are 100 students from that course who responded, then the 25th percentile (i.e. the lower quartile) gross monthly salary indicates that 75 graduates earn more than that salary, and the 75th percentile (i.e. the upper quartile) indicates that 25 graduates earn more than the gross monthly salary indicated.
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