2017 GRADUATEEMPLOYMENT REPORT
CURRENT STATISTICS FOR FUTURE DECISIONS
Source: Graduate Employment Survey jointly conducted by NTU, NUS, SIT, SMU and SUTD
7 in 10Employed
BEFORE Graduation
$3,910Average GrossMonthly Salary
93.9%Overall
Employment Rate
1in 2Get 2 to 5job offers
Graduates from Singapore Management University’s (SMU) 14th cohort have again registered a high and stable overall employment rate^ of 93.9% and higher starting salaries across all six of the university’s degree programmes.
The results were revealed in an annual Joint Graduate Employment Survey (GES) conducted by SMU and the other Autonomous Universities.
77.6% or 1,380 of the 1,779 SMU alumni who graduated in 2017 took part in the survey.
The survey showed that 93.9% of SMU graduates in the labour force gained employment within six months after completing their final examinations.65.4% were offered jobs before graduation, an 11.3 percentage point increase as compared to the 2016 cohort. Of those who received job offers, 31.9%landed full-time employment through internships, which are compulsory for SMU undergraduates.^The overall employment rate refers to the number of graduates working in full-time permanent, part-time or temporary 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.
ENTER A UNIVERSITY WITH STRONG CAREER OUTCOMES, BECOME THE TOPEMPLOYERS’ CHOICE
Today’s undergraduates,tomorrow’s trailblazers
Source: Graduate Employment Survey jointly conducted by NTU, NUS, SIT, SMU and SUTD 1
SMU STUDENTS TODAY – TOP-NOTCH TALENTS TOMORROW
Overall employment rate between local universities
NUS89.4 %
NTU87.2 %
SMU93.9 %
Source: Graduate Employment Survey jointly conducted by NTU, NUS, SIT, SMU and SUTD
* Full-Time 2017 LLB Graduates surveyed and likely to be doing practical law course (PLC)/Pupilage or reading in chambers. Those on PLC are to be classified as ‘Economically Inactive’ and left out of the computation of GES 2017 statistics. The figures in this segment feature responses from 2017 graduates who reported they were employed, not on PLC.
Employment rate of 2017 SMU graduates within 6 months of graduation
98.0%
School ofAccountancy
95.1%
School ofInformation Systems
93.3%
Lee Kong ChianSchool of Business
91.3%
School ofSocial Sciences
91.3%
School ofEconomics
90.0%*School of
Law
2
Similar to the previous year, the top three industries of employment for SMU graduates were “Financial and Insurance”, “Information & Communication”, and “Legal, Accounting and Auditing”, with ‘Financial and Insurance’ maintaining its position as the highest paid industry with an average gross monthly salary of $4,649.
The top 10 industries where 84.3% of our graduates are employed includes:
26.9% Financial and Insurance16.1% Information & Communication12.8% Legal, Accounting and Auditing8.0% Business and Management Consultancy5.3% Advertising Services and Market Research3.8% Public Administration and Defence3.5% Logistics and Supply Chain Management2.8% Administrative and Support Servicies Activities2.6% Education2.6% Retail
61.6% Legal, Accounting and Auditing21.2% Financial and Insurance4.0% Business and Management Consultancy2.0% Information & Communication 1.5% Logistics and Supply Chain Management9.7% Others
29.2% Financial and Insurance12.5% Information & Communication 10.9% Business and Management Consultancy9.4% Advertising Services and Market Research5.8% Logistics and Supply Chain Management32.2% Others
School ofAccountancy
Lee Kong ChianSchool ofBusiness
Job offers by industry
Job offers by industry across Schools
Source: Graduate Employment Survey jointly conducted by NTU, NUS, SIT, SMU and SUTD 3
48.4% Information & Communication 25.0% Financial and Insurance4.8% Business and Management Consultancy3.7% Public Administration and Defence3.2% Legal, Accounting and Auditing14.9% Others
42.9% Legal, Accounting and Auditing14.3% Administrative and Support Services Activities14.3% Information & Communication 14.3% Public Administration and Defence14.3% Real Estate
16.2% Education11.1% Financial and Insurance11.1% Information & Communication 10.1% Business and Management Consultancy9.1% Public Administration and Defence42.4% Others
42.3% Financial and Insurance7.7% Business and Management Consultancy7.7% Information & Communication 7.7% Public Administration and Defence6.3% Maritime / Shipping28.3% Others
School ofEconomics
School ofInformation
Systems
School ofSocial
Sciences
School ofLaw
Source: Graduate Employment Survey jointly conducted by NTU, NUS, SIT, SMU and SUTD
Job offers by industry across Schools
4
WE PUSH YOU TO AIM HIGHERTO MAKE YOU A HIGH FLYER
Source: Graduate Employment Survey jointly conducted by NTU, NUS, SIT, SMU and SUTDSource: Graduate Employment Survey jointly conducted by NTU, NUS, SIT, SMU and SUTD
40.9%
School ofAccountancy
52.2%
School ofInformation Systems
50.1%
Lee Kong ChianSchool of Business
47.4%
School ofSocial Sciences
39.4%
School ofEconomics
71.5%
School ofLaw
1 in 2 SMU graduates received multiple job offers.
5
% of graduates who received multiple job offers
Mean monthly starting salaries across universities
SMU$3,910
$3,500 Median
Mean
NUS$3,659
$3,500 Median
Mean
NTU$3,487
$3,306 Median
Mean
FROM A TOP-RANKING UNIVERSITY TO A TOP INCOME EARNER
$3,643NTU – Bachelor of Business (Hons)
$4,504
$4,388
SMU - Bachelor of Business Management (Cum Laude and above)
NUS – Bachelor of Business Administration (Hons)
$3,379NTU – Bachelor of Arts (Hons) in Economics
$4,737SMU – Bachelor of Science in Economics (Cum Laude and above)
$3,443NUS – Bachelor of Social Sciences*
$5,287
$5,121
SMU – Bachelor of Laws (Cum Laude and above)
NUS - Bachelor of Laws
Source: Graduate Employment Survey jointly conducted by NTU, NUS, SIT, SMU and SUTD
*At NUS, Economics is offered by the Faculty of Arts & Social Sciences
NUS – Bachelor of Computing (Information Systems)
$4,305
$4,192$4,160
SMU – Bachelor of Science (Information Systems) (Cum Laude and above)
NTU – Bachelor of Engineering (Hons) (Computer Science)
$3,443
$3,938
$3,309
SMU – Bachelor of Social Science (Cum Laude and above)
NTU – Bachelor of Arts (Hons) in Sociology
NUS – Bachelor of Social Sciences
$4,089
$3,166$3,744
SMU – Bachelor of Accountancy (Cum Laude and above)
NTU – Bachelor of Accountancy (Hons)
NUS – Bachelor of Business Administration (Accountancy) (Hons)School ofAccountancy
School ofInformation Systems
Lee Kong ChianSchool of Business
School ofSocial Sciences
School ofEconomics
School ofLaw
6
SMU is the first amongst the local universities to make internships compulsory. Over 10,000 companies across 21 countries have employed SMU interns. As a result, our students graduate ahead in terms of practical and hands-on experience.81.1% of the 2017 graduates completed more than 1 internship.
ONE STUDENT, MULTIPLE INTERNSHIPS
% of graduates who completed 2 or more internships
Source: Graduate Employment Survey jointly conducted by NTU, NUS, SIT, SMU and SUTD
85.3%
School ofAccountancy
69.7%
School ofInformation Systems
86.1%
Lee Kong ChianSchool of Business
64.7%
School ofSocial Sciences
86.7%
School ofEconomics
85.8%
School ofLaw
7
2.3 Average number of internships completed by 2017 SMU graduates
% of graduates who landed full-time employment through internships
FROM INTERNSHIP TO FULL-TIME EMPLOYMENT
1 in 3 SMU graduates landed full-time employment through internships
Source: Graduate Employment Survey jointly conducted by NTU, NUS, SIT, SMU and SUTD
54.0%
School ofAccountancy
25.5%
School ofInformation Systems
26.5%
Lee Kong ChianSchool of Business
24.2%
School ofSocial Sciences
32.4%
School ofEconomics
14.3%
School ofLaw
8
TOP 7 REASONS TO CHOOSE SMU
9