News Details | 25-Jul-2012

NTU’s graduating class scores big

- 2 in 3 graduates from the Class of 2012 have secured jobs before graduation
- 100 per cent employment for pioneer double degree in Accountancy & Business programme graduates, with top 10 per cent drawing $7,145 on average
- New record of 82.08% in Graduating Class Gift
- Honorary degrees conferred on esteemed nanoscientist Professor Chad Mirkin and Professor Richard Parker of Rolls-Royce Group

Nanyang Technological University (NTU) is celebrating the achievements of the Class of 2012 at its annual Convocation which begins today.  In all, the University will hold 18 ceremonies, with about 20,000 guests expected to attend over the nine-day Convocation period. 

Presiding at the first Convocation ceremony this morning is His Excellency, President Tony Tan Keng Yam, who is also Chancellor of NTU. Mr Heng Swee Keat, Minister for Education also attends the first ceremony where President Tony Tan awards the accomplished graduates. 

Bright employment prospects
Despite an uncertain global economic climate, the employment outlook is bright for NTU’s Class of 2012.  A preliminary survey conducted by the university at the end of June this year showed that about 2 in 3 graduates from the Class of 2012 have secured jobs before graduation, similar to last year. 

The inaugural batch of graduates from the Double Degree in Accountancy & Business have scored 100 per cent employment, with the top 10 per cent amongst the highest-paid in this course drawing $7,145 on average, almost double that of their peers’ average salary of $3,546. 

In the last three years, NTU graduates received about two job offers on average, before accepting their first position. Graduates like Samantha Sherie Loke from the Wee Kim Wee School of Communication and Information and Lee Kong Min from Nanyang Business School did even better with multiple job offers. 

Samantha had offers from three organisations, in education, finance and a business consultancy while Kong Min received five job offers before choosing to build his career at Morgan Stanley as an Equity Research Associate.

Kong Min, who spent hours preparing for each job interview, some of which included making presentations, even had mock sessions with his friends. All that hard work has paid off and he has written an interview guide as his graduation gift to the school to help his juniors.

Global jobs
More students are also heading overseas to build their careers, such as materials science and engineering graduate Mark Woon who is embarking on his first job in Kawasaki, near Tokyo, as a semiconductor engineer at Toshiba and Everlyn Lee, an accountancy and business graduate going to work in Wunderman, New York as a research analyst. 

Mark, who will be stationed in Japan for three years and speaks basic Japanese and Korean, said, “I’m quite open-minded when it comes to different cultures, so I’m not worried about adapting.  No doubt the lessons at NTU have opened up my mind to the outside world, and made me think more and appreciate the world through science.  My CCA also definitely helped, since playing within a team, I understand how a weak link can bring the whole team down.  It has impressed upon me the need to constantly improve myself so I don’t disappoint myself and others.”

Cool interns, hot jobs
For Eddy Ho from Nanyang Business School, his internship with Bank of America Merrill Lynch as a Summer Analyst has opened the doors to a promising career with the same firm as an Investment Banking Analyst.

His counterpart, Siew Huiheng from the School of Physical and Mathematical Sciences will join him there. During his internship, Siew applied his knowledge of C++ programming in a Technology Charges Analysis project that led to a remarkable US$46,000 in savings for his department. 

Eddy and Huiheng are among a growing group of graduates who have been offered jobs in the midst of their internships, well before they complete their studies.

Today, companies increasingly value internship programmes as an effective way to talent-spot potential full-time employees. Each year more than 4,300 undergraduates undergo internship or attachment training at more than 2,000 organisations. Last year, more than 8 percent of NTU graduates surveyed took up job offers by their internship firms, up by 1 percentage point from the previous year. 

Class of 2012 sets new record for giving back to NTU
The Class of 2012 has set a new record in graduation giving this year. More than 82% of graduates invited to make a class gift responded positively. With this new record of 82.08 per cent, the participation rate for NTU’s Graduating Class Gift has leaped 10 times from 8 per cent in 2005.

In the last three years, each successive batch has outdone its predecessor, from 70.72 per cent in 2010 to 80.02 per cent last year. The class gift supports bursaries for financially disadvantaged students and student life activities. Many chose to give to their School Advancement Fund, enabling their school to seize emerging opportunities in education and research.

Obama’s advisor and Rolls Royce technologist conferred honorary degrees
This year, NTU is conferring an honorary Degree of Doctor of Engineering (honoris causa) on Professor Chad Mirkin and Professor Richard Parker.

Professor Mirkin is being honoured for his outstanding contribution in the field of nanotechnology, and for his strong links with the University, which have helped strengthened the academic standing of NTU internationally. 

Professor Mirkin, who is Rathmann Professor of Chemistry at Northwestern University in the United States, is listed by Reuters as the most cited chemist in the world. He is also a member of United States President Barack Obama's Council of Advisors for Science and Technology, an eminent group of the nation’s leading scientists and engineers who directly advise the President on policy recommendations related to science, technology and innovation. 

Professor Mirkin is also Director of the International Institute for Nanotechnology at Northwestern University, and is well-known for his development of nanoparticle-based biodetection schemes, the invention of Dip-Pen Nanolithography, and contributions to supramolecular chemistry, nanoelectronics and nanooptics.

NTU has benefitted significantly from its interactions with Professor Mirkin through the years. He has worked closely with the School of Materials Science and Engineering (MSE) in NTU since late 2007 and is presently Visiting Professor at the School.  Professor Mirkin was instrumental in helping to set up a joint laboratory with MSE in nanomaterials and nanostructures.

NTU also conferred an honorary doctorate on Professor Richard Parker, the Director of Research and Technology at Rolls Royce Group overseeing the global research and development activities of the company. Professor Parker has made significant contributions to NTU’s education and research, particularly in promoting a Master’s Degree in Project Management and for initiating the joint laboratory between NTU and Rolls Royce in Power Electronics.

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Media contact:
Feisal Abdul Rahman
Senior Assistant Director (Media Relations)
Corporate Communications Office
Nanyang Technological University
Tel: (65) 6790 6687

Evelyn Choo
Assistant Manager
Corporate Communications Office
Nanyang Technological University
Tel: (65) 6790 4714

About Nanyang Technological University
A research-intensive public university, Nanyang Technological University (NTU) has 33,500 undergraduate and postgraduate students in the colleges of Engineering, Business, Science, and Humanities, Arts, & Social Sciences. In 2013, NTU will enrol the first batch of students at its new medical school, the Lee Kong Chian School of Medicine, which is set up jointly with Imperial College London.
NTU is also home to four world-class autonomous institutes – the National Institute of Education, S Rajaratnam School of International Studies, Earth Observatory of Singapore, and Singapore Centre on Environmental Life Sciences Engineering – and various leading research centres such as the Nanyang Environment & Water Research Institute (NEWRI), Energy Research Institute @ NTU (ERI@N) and the Institute of Asian Consumer Insight.

A fast-growing university with an international outlook, NTU is putting its global stamp on Five Peaks of Excellence: Sustainable Earth, Future Healthcare, New Media, New Silk Road, and Innovation Asia.

Besides the main Yunnan Garden campus, NTU also has a satellite campus in Singapore’s science and tech hub, one-north, and is setting up a third campus in Novena, Singapore’s medical district.
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