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 SUSS. 629 fresh graduates and 19 follow-up graduates from SUSS were surveyed in November 2022 and the overall response rate obtained were 80.8% and 73.7% 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$) S R Nathan School of Human Development Bachelor of Early Childhood Education 88.1% 79.7% $3,200 $3,000 $3,338 Bachelor of Human Resource
Management93.8% 75.0% $3,588 $3,250 $4,000 Bachelor of Social Work 91.9% 80.6% $3,640 $3,500 $3,640 School of Business Bachelor of Accountancy 96.4% 94.6% $3,600 $3,500 $3,663 Bachelor of Science in Business
Analytics93.0% 86.0% $4,660 $4,000 $5,000 Bachelor of Science in Finance 97.2% 86.1% $4,000 $3,800 $5,250 Bachelor of Science in Marketing 87.2% 75.6% $3,600 $3,220 $4,100 Bachelor of Science in Supply Chain
Management98.4% 90.6% $3,500 $3,300 $3,900 School of Law Bachelor of Law6** N.A. N.A. N.A. N.A. N.A.
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 at 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. Basic monthly salary pertains only to full-time permanently employed graduates. It comprises basic pay before deduction of the employee’s CPF contributions and personal income tax. Employer’s CPF contributions, bonuses, stock options, overtime payments,
commissions, fixed allowances, other regular cash payments, lump sum payments, and payments-in-kind are excluded.
5. Gross monthly salary pertains only to full-time permanently employed graduates. It comprises basic salary, overtime payments, commissions, fixed allowances and other regular cash payments, before deductions of the employee’s CPF contributions and personal
income tax. Employer’s CPF contributions, bonuses, stock options, lump sum payments, and payments-in-kind are excluded.
6. Data is based on a sample size of fewer than 30 respondents.
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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