We encourage top students to look beyond the traditional Singaporean jobs of Doctor / Lawyer as there are new emerging jobs that can equal or even surpass the pay of Doctor/Lawyer.
At the end of the day, do also consider your passion and aptitude, which may be more important than the salary. No point being stuck in a high paying job that you absolutely hate.
Do share this post with your children/relatives/classmates who may be choosing their courses after receiving their ‘A’ level results.
SINGAPORE — A high-paying job as a doctor or lawyer has traditionally been the career path that many Singaporeans aspire to. But there is now a new kid on the block, with double degree graduates in business and computer science joining the ranks of top earners here.
According to the latest graduate employment survey released by three local universities on Monday (Feb 26), fresh graduates from Nanyang Technological University’s (NTU) business and computing science double degree programme commanded a median starting salary of S$5,000 last year, up from S$4,600 in 2016.
The median salary for the batch of 20 graduates matched that of their peers who graduated from the law and medicine faculties. They were also in demand with employers, as they recorded a 100 per cent overall employment rate.
Meanwhile, fresh computing science graduates were also among the highest paid last year. Those who graduated from this course in NTU got a median starting pay of S$3,850 last year, up from S$3,500 in 2016. Their counterparts from the National University of Singapore (NUS) received S$4,285 – S$285 more than in 2016.
However, rankings differed for 75th percentile salaries — the base salary of the top 25 per cent of the batch — as SMU-schooled lawyers emerged as top earners at S$5,840, compared to NUS doctors’ starting pays of S$5,305, and S$5,362 for NTU’s business and computer science graduates.
Growth of starting salaries in law and medicine was tepid, however, as law graduates from NUS and SMU only received about S$100 and S$150 more respectively last year, while NUS doctors banked in about the same amount as their seniors.