Singapore graduates are creating new records. They are getting jobs faster and earning higher salaries than their counterparts in the previous three years.
According to a National University of Singapore survey, nearly all (98%) its graduates found jobs within 6 months. Eight in 10 did it in less than three months. But many have also decided to set up their own businesses or join small start-ups.
Students who have been on the NUS Overseas Colleges Programme are paid an average of $2,900, $400 more compared to other NUS graduates. Companies who hire them say this is because these graduates can hit the roads running. Also, they have an international experience and a global mindset which can value add to the workplace. Other NUS graduates are also earning higher salaries - on average, about $125 a month more than those the year before. Bachelor in Law graduates commanded the highest mean gross monthly salary of $4,083, followed by medical graduates, at $3,911. On the whole, professional degree holders earned an average of $2,750, an increase of 3% compared to 2004.
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