Higher starting salaries for NTU's Class of 2017 who continue to be in good demand
Nanyang Technological University, Singapore’s (NTU Singapore’s) Class of 2017 earned higher salaries, with a mean gross monthly salary of $3,487 for fresh graduates in full-time permanent employment, an improvement of 1.8 per cent from $3,424 in 2016. Their median gross monthly salary was also higher at $3,306 in 2017, compared to $3,300 in 2016.
Fresh graduates in Business & Computer Science continued to earn the most last year with a median gross monthly salary of $5,000, compared to $4,600 in 2016. This was followed by Computer Science graduates with $3,850, and Science (Education) graduates with $3,701.
Close to 9 in 10 NTU graduates also reported that they found a job within six months after completing their final examinations (see footnote 1), which was comparable to last year.
NTU Professor Tan Ooi Kiang, NTU's Associate Provost (Undergraduate Education) said, “We continue to see good demand for our graduates locally and globally, and this year’s graduates are entering a strong job market. The recent NTU Career Fair attracted a record number of 280 employers offering some 4,000 jobs and internship opportunities. Employers value our graduates' ability to be effective in the workforce from day one. The industry-relevant training, real-world skills and experiences picked up during their internships, international exposure and exchanges, voluntary work and other enterprising activities give our graduates an edge in the global talent market."
Besides the National Institute of Education (NIE) graduates who achieved 100 per cent overall employment rate, other courses with the highest overall employment rates include Business & Computer Science (100 per cent), Civil Engineering (98.5 per cent), Accountancy & Business (97.2 per cent), Accountancy (97.1 per cent), and Computer Engineering (95.1 per cent).
“About 6,000 students graduate from NTU every year, so having close to 9 in 10 graduates land a job within six months of final examinations is a remarkable result and clearly shows the employers' confidence in NTU graduates,” said Prof Tan.
At NTU’s Nanyang Business School for example, around nine in 10 graduates found full-time permanent jobs six months after completing their final examinations. Many of them had more than one job offer and some even received job offers as early as during their second-year internships.
One of them is Mr Tang Ting Hui, an Accountancy graduate who took up an internship at PwC and Unilever during his second year of studies. Upon completion of the Unilever Leadership Internship Programme, he received a fast track offer for the company's Graduate Programme and clinched a job by November, more than six months before graduation.
He said, “Internship is the best time to experience different job roles, to see which ones interest us and where we can potentially do well as a career. NTU has prepared me well for the challenges of today’s fast-paced workplace and the internship opportunities it provides has helped me understand the nature and scope of the jobs that I want to apply for before graduation.”
Courses that saw the biggest increases in overall employment rate last year include Computer Engineering (95.1 per cent), and Art, Design & Media (88.5 per cent), up by 11.8 percentage points and 8.8 percentage points respectively.
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Footnote 1: The overall employment rate refers to the number of graduates working in full-time permanent, part-time, temporary or freelance employment, as a proportion of graduates in the labour force. (i.e. those who are working, and those who are not working but are actively looking and available for work as at 1 November 2017.)
Feisal Abdul Rahman
Senior Assistant Director
Corporate Communications Office
Nanyang Technological University
About Nanyang Technological University, Singapore
A research-intensive public university, Nanyang Technological University, Singapore (NTU Singapore) has 33,500 undergraduate and postgraduate students in the colleges of Engineering, Business, Science, Humanities, Arts, & Social Sciences, and its Interdisciplinary Graduate School. It also has a medical school, the Lee Kong Chian School of Medicine, set up jointly with Imperial College London.
NTU is also home to world-class autonomous institutes – the National Institute of Education, S Rajaratnam School of International Studies, Earth Observatory of Singapore, and Singapore Centre for Environmental Life Sciences Engineering – and various leading research centres such as the Nanyang Environment & Water Research Institute (NEWRI) and Energy Research Institute @ NTU (ERI@N).
Ranked 11th in the world, NTU is top in Asia and has been placed the world’s top young university for the past four years. The University’s main campus is frequently listed among the Top 15 most beautiful university campuses in the world and has 57 Green Mark-certified (equivalent to LEED-certified) buildings, of which 54 are certified Green Mark Platinum. NTU also has a campus in Novena, Singapore’s medical district.