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90% of local graduates employed in 2013

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Graduates from Singapore’s three autonomous universities, Nanyang Technological University (NTU), National University of Singapore (NUS) and Singapore Management University (SMU) are in hot demand these days.

Findings from the three universities’ Joint Graduate Employment Survey revealed 89.3% of the 10,534 participants in the survey were hired within six months of completing their final examinations. The report also found 83.4% of these graduates were employed in full-time permanent jobs.

Of those who found full time employment, the mean gross monthly salary among fresh graduates was $3,229, while the median gross monthly salary was $3,050.

Law graduates from SMU also saw a 100% employment rate, while all fresh graduates from NUS’s dentistry and medicine faculties were employed in 2013.

As for NTU, the report highlighted Arts and Science majors from the university’s National Institute of Education were the most in demand by employers.

However, even if graduates in full-time permanent employment “continued to receive salaries that were comparable to those who graduated in 2012” hiring rates fell slightly in 2013 as compared to the previous year.

“As at 1 November 2013, the overall employment rate among economically active graduates was 89.3%, compared to 91.0% in 2012,” the report said.

Asia’s most renowned regional HR Excellence Awards is back in October in Singapore and Malaysia to sieve out HR’s finest gems. Are you a diamond in the rough? View the categories and find out more.

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