This table is compiled with the results of the annual Graduate Employment Survey(GES) AY20-21 which is administered to graduates about 6months after taking their final examinations in SMU. 1,883 fresh graduates and 145 follow-up graduates from SMU were surveyed in November 2020 and the overall response rate obtained were 78.4% and 77.2% respectively. Salaries shown are on per-month basis.
SMU Programme Overall Emplyment 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 94.7% 86.0% $3,100 $3,000 $4,000
Cum Laude and above 96.3% 86.1% $3,744 $3,000 $4,583
School of Business (4-year programme)6 Business Management 95.8% 68.4% $3,850 $3,440 $4,600
Cum Laude and above 97.5% 78.7% $4,000 $3,600 $5,000
School of Economics (4-year programme)6 Economics 91.5% 70.5% $3,800 $3,400 $4,500
Cum Laude and above 94.7% 82.9% $4,000 $3,660 $5,275
School of Information Systems (4-year programme)6 Information Systems 93.1% 83.9% $4,542 $4,000 $5,400
Cum Laude and above 93.3% 93.3% $5,000 $4,500 $5,416
School of Social Sciences (4-year programme)6 Social Sciences 89.9% 52.8% $3,500 $3,200 $4,000
Cum Laude and above 90.6% 65.6% $3,510 $3,230 $4,200
School of Law (4-year programme)6 Law7 95.5% 91.1% $4,588 $4,000 $5,600
Cum Laude and above 97.0% 95.5% $5,000 $4,500 $5,735
Refer to our university course selection guide on how to use the information here effectively to aid your selection of a course/major.
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 at 1 Nov 2020 (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 2019 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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