Uni Fresh Grad Salary Guide 2022 – All Industries In Singapore
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by admin@loanstreet.sg • April 18, 2022
How much are your peers earning? How much should you quote? Do you still have a student loan to repay?
The 2021 Graduate Employment Survey (GES) was released in February 2022. This study conducted by NUS, NTU, SMU, and SUSS shows exciting developments in the workforce.
Eleven thousand two hundred recent grads with full-time degrees from these four universities participated in the GES research. You can now check the current employment status and earnings across different courses.
Here’s one of the best news in the study:
84% of new graduates found full-time positions in 2021, compared to 69.8% in 2020. That’s a massive 14.2% increase.
Conversely, the gross monthly income for these graduates increased by only $100 to $3,800 in 2021.
Read the salary guide below to determine how much your peers are earning. That way, you’ll have an excellent starting point in your negotiations.
TL;DR: Singapore Fresh Graduate Salary Guide In 2022
In 2021, employment rates increased (almost) across all specialities. The two notable exceptions are:
– Health Sciences decreased to 95.7% in 2021, compared to 97.4% in 2020.
– Humanities and Social Sciences have dropped to 91.2% from 92.1% in 2020.
The largest employment rate was for fresh graduates of Information and Digital Technologies, from 94.8% in 2020 to 97.8% in 2021. Not much surprise there, with technology being a huge part of our daily lives.
If you’re looking just at the full-time permanent employment rate, Sciences have the most significant differences:
– 5% in 2019
4% in 2020
– 8% in 2021
On the other hand, Sciences see just the average $100 income increase from $3,500 in 2019 and 2020 to $3,600 in 2021.
Graduates from Information and Digital Technologies saw the largest income increase, from $4,760/ month to $5,000/month. Also, they’re the highest-earning group across all courses.
Arts, Design and Media grads have the lowest salaries of just $3,500/month. However, they saw a significant increase from $3,300 in 2020 – almost double the average.
At the other end of the spectrum:
– Engineering graduates remained a $3,900 salary in 2021, the same as in 2020.
– Humanities and Social Sciences grads of 2021 saw a marginal $50 increase in their salaries to $3,500 in 2021.
| Percentage Of Graduates in the Labour Force Who Were: | Employed (%) | In Full-Time Permanent Employment (%) | Median Gross Monthly Salary (Full-Time Permanent Employment) | ||||||
| Course Group | 2019 | 2020 | 2021 | 2019 | 2020 | 2021 | 2019 | 2020 | 2021 |
| Arts, Design and Media | 87.3 | 92.3 | 92.6 | 62.4 | 50.1 | 69.3 | $3,200 | $3,300 | $3,500 |
| Built Environment | 92.6 | 93.9 | 94.5 | 87.3 | 72.5 | 88.9 | $3,500 | $3,500 | $3,600 |
| Business | 94.6 | 95.3 | 97 | 88.8 | 76 | 88.7 | $3,500 | $3,500 | $3,723 |
| Engineering | 88.4 | 93.6 | 94 | 83.3 | 71.6 | 86.9 | $3,750 | $3,900 | $3,900 |
| Health Sciences | 97.1 | 97.4 | 95.7 | 88.4 | 83.3 | 85.9 | $3,500 | $3,500 | $3,635 |
| Humanities and Social Sciences | 88 | 92.1 | 91.2 | 74.5 | 61.8 | 75.6 | $3,500 | $3,500 | $3,550 |
| Information and Digital Technologies | 95.4 | 94.8 | 97.8 | 92.7 | 87.3 | 93.7 | $4,400 | $4,760 | $5,000 |
| Sciences | 86.9 | 91.6 | 91.7 | 71.5 | 55.4 | 75.8 | $3,500 | $3,500 | $3,600 |
| Overall | 90.7 | 93.6 | 94.4 | 81.7 | 69.8 | 84 | $3,600 | $3,700 | $3,800 |
National University of Singapore Fresh Graduate Salary Guide 2022
Here are the numbers according to GES:
| The proportion of Graduates In The Labour Force Who Was | Basic Monthly Salary | |||||
| Degree | Employed | In Full-Time Permanent Employment | Mean | Median | ||
| Arts | 91.40% | 70.00% | $3,405 | $3,200 | ||
| Arts (Hons) | 88.80% | 68.30% | $3,619 | $3,500 | ||
| Social Sciences | 92.50% | 78.20% | $3,757 | $3,531 | ||
| Dental Surgery | 100.00% | 100.00% | $4,256 | $4,200 | ||
| Biomedical Engineering | 94.40% | 83.30% | $3,610 | $3,500 | ||
| Chemical Engineering | 91.40% | 84.80% | $3,793 | $3,700 | ||
| Civil Engineering | 97.30% | 97.30% | $3,780 | $3,700 | ||
| Electrical Engineering | 95.10% | 93.00% | $4,251 | $4,000 | ||
| Engineering Science | 89.50% | 68.40% | $4,189 | $4,500 | ||
| Environmental Engineering | 97.10% | 88.60% | $3,572 | $3,500 | ||
| Industrial and Systems Engineering | 96.70% | 91.80% | $4,237 | $4,150 | ||
| Materials Science and Engineering | 91.70% | 87.50% | $3,899 | $3,775 | ||
| Mechanical Engineering | 94.50% | 89.50% | $3,965 | $3,800 | ||
| Laws | 96.50% | 93.50% | $5,398 | $5,150 | ||
| Science | 82.40% | 56.90% | $3,446 | $3,300 | ||
| Science (Hons) | 92.20% | 76.50% | $3,665 | $3,500 | ||
| Science (Computational Biology) | 100.00% | 100.00% | $4,655 | $4,500 | ||
| Science (Pharmacy) | 95.90% | 91.90% | $3,773 | $3,760 | ||
| Science (Data Science and Analytics) | 97.70% | 95.30% | $4,819 | $4,500 | ||
| Business Administration | 94.70% | 81.60% | $5,199 | $3,550 | ||
| Business Administration (Hons) | 98.10% | 93.50% | $4,828 | $4,200 | ||
| Business Administration (Accountancy) | 100.00% | 100.00% | $3,380 | $3,300 | ||
| Business Administration (Accountancy) (Hons) | 97.00% | 96.30% | $4,124 | $3,430 | ||
| Computing (Computer Science) | 99.10% | 96.40% | $5,898 | $5,800 | ||
| Computing (Information Security)* | 100.00% | 100.00% | $4,992 | $5,000 | ||
| Computing (Information Systems) | 97.50% | 96.20% | $5,087 | $5,000 | ||
| Science (Business Analytics) | 100.00% | 100.00% | $5,437 | $5,050 | ||
| Arts (Architecture) | 97.70% | 96.60% | $4,090 | $4,000 | ||
| Arts (Industrial Design) | 87.50% | 75.00% | $4,146 | $3,825 | ||
| Science (Project and Facilities Management) | 93.10% | 92.10% | $3,424 | $3,450 | ||
| Science (Real Estate) | 94.50% | 82.40% | $3,692 | $3,575 | ||
| Medicine and Surgery | N.A. | N.A. | N.A. | N.A. | ||
| Science (Nursing) | 96.20% | 93.30% | $3,300 | $3,350 | ||
| Science (Nursing) (Hons) | 97.90% | 96.80% | $3,482 | $3,500 | ||
| Music | 82.40% | 35.30% | $3,136 | $2,958 | ||
| Arts with Honours | 88.30% | 70.80% | $4,344 | $4,000 | ||
| Science with Honours | 94.60% | 83.80% | $4,779 | $4,500 | ||
| Engineering (Computer Engineering) | 97.40% | 91.20% | $5,345 | $5,000 | ||
| Environmental Studies | 97.40% | 81.60% | $3,544 | $3,500 | ||
Nanyang Technological University Fresh Graduate Salary Guide 2022
GES Statistics show that:
| The proportion of Graduates in the Labour Force who was | Basic Monthly Salary | |||
| Degree | Employed | In Full-Time Permanent Employment | Mean | Median |
| Accountancy | 97.7% | 93.0% | $3,505 | $3,300 |
| Accountancy and Business | 99.2% | 96.2% | $5,018 | $4,500 |
| Business | 96.2% | 85.2% | $4,211 | $4,000 |
| Double Degree in Business and Computer Engineering/Computing | 93.8% | 87.5% | $6,418 | $6,300 |
| Aerospace Engineering | 94.4% | 87.3% | $4,250 | $4,250 |
| Bioengineering | 90.9% | 75.8% | $3,480 | $3,483 |
| Chemical and Biomolecular Engineering | 91.1% | 84.8% | $3,784 | $3,600 |
| Civil Engineering | 97.7% | 92.0% | $3,596 | $3,500 |
| Computer Engineering | 95.8% | 89.6% | $4,649 | $4,500 |
| Computer Science | 97.0% | 91.0% | $4,871 | $4,800 |
| Double Degree in Engineering and Economics | 90.9% | 90.9% | $4,485 | $4,580 |
| Electrical and Electronic Engineering | 93.9% | 88.6% | $3,978 | $3,900 |
| Environmental Engineering | 96.6% | 86.2% | $3,422 | $3,500 |
| Information Engineering and Media | 95.7% | 88.6% | $4,247 | $4,200 |
| Maritime Studies | 98.4% | 95.2% | $3,697 | $3,500 |
| Materials Engineering | 96.3% | 83.0% | $3,701 | $3,600 |
| Mechanical Engineering | 94.0% | 86.1% | $3,845 | $3,700 |
| Art, Design and Media | 86.2% | 46.6% | $3,146 | $3,000 |
| Chinese | 87.0% | 72.5% | $3,376 | $3,250 |
| Communication Studies | 96.9% | 80.8% | $3,463 | $3,375 |
| Economics | 93.5% | 88.3% | $3,658 | $3,500 |
| English | 95.5% | 64.2% | $3,254 | $3,300 |
| History | 82.2% | 66.7% | $3,724 | $3,675 |
| Inter-Disciplinary Double Major | 92.9% | 75.0% | $3,794 | $3,650 |
| Linguistics and Multilingual Studies | 87.2% | 70.2% | $3,351 | $3,300 |
| Philosophy | 88.5% | 57.7% | $3,394 | $3,400 |
| Psychology | 91.8% | 71.8% | $3,342 | $3,300 |
| Public Policy and Global Affairs | 83.3% | 77.1% | $4,024 | $3,778 |
| Sociology | 91.3% | 69.6% | $3,509 | $3,475 |
| Biological Sciences / Biomedical Sciences | 96.8% | 81.7% | $3,470 | $3,400 |
| Biomedical Sciences and Chinese Medicine | 90.9% | 77.3% | $3,023 | $3,100 |
| Chemistry and Biological Chemistry | 90.2% | 74.4% | $3,367 | $3,400 |
| Environmental Earth Systems Sciences | 100.0% | 91.3% | $3,810 | $3,892 |
| Mathematical Sciences / Mathematical Sciences and Economics | 91.0% | 75.6% | $3,939 | $3,750 |
| Physics and Applied Physics | 84.5% | 69.0% | $3,710 | $3,570 |
| Sports Science and Management | 86.2% | 55.4% | $3,292 | $3,300 |
| Arts (with Education) | 100.0% | 100.0% | $3,563 | $3,754 |
| Science (with Education) | 100.0% | 100.0% | $3,578 | $3,776 |
| Medicine | 100.0% | 100.0% | $4,702 | $4,700 |
Singapore Management University (SMU) Fresh Graduate Salary Guide 2022
GES statistics for SMU show this situation:
| The proportion of Graduates in The Labour Force Who Was | Basic Monthly Salary | |||
| Degree | Employed | In Full-Time Permanent Employment | Mean | Median |
| Accountancy | 98.7% | 93.0% | $3,751 | $3,400 |
| Cum Laude and above | 97.9% | 92.6% | $4,161 | $3,700 |
| Business Management | 96.6% | 86.0% | $4,229 | $4,000 |
| Cum Laude and above | 96.6% | 90.3% | $4,705 | $4,333 |
| Economics | 91.8% | 83.5% | $4,641 | $4,275 |
| Cum Laude and above | 94.1% | 91.2% | $5,209 | $4,750 |
| Information Systems | 98.2% | 94.6% | $4,774 | $4,860 |
| Cum Laude and above | 97.4% | 93.6% | $5,317 | $5,050 |
| Social Sciences | 94.1% | 77.1% | $3,656 | $3,465 |
| Cum Laude and above | 96.9% | 86.2% | $3,856 | $3,500 |
| Law | 100.0% | 98.3% | $5,319 | $5,500 |
| Cum Laude and above | 100.0% | 98.8% | $5,613 | $5,600 |
Singapore University of Social Sciences (SUSS) Fresh Graduate Salary Guide 2022
GES numbers indicate the following results:
| The proportion of Graduates in The Labour Force Who Was | Basic Monthly Salary | |||
| Degree | Employed | In Full-Time Permanent Employment | Mean | Median |
| Early Childhood Education | 93.0% | 88.4% | $2,949 | $3,000 |
| Human Resource Management | 95.6% | 80.9% | $3,249 | $3,200 |
| Social Work | 94.7% | 86.8% | $3,432 | $3,530 |
| Accountancy | 98.6% | 89.0% | $3,199 | $3,200 |
| Science in Business Analytics | 93.5% | 83.9% | $4,218 | $3,800 |
| Science in Finance | 84.4% | 56.3% | $3,856 | $3,500 |
| Science in Marketing | 92.4% | 63.6% | $3,303 | $3,200 |
| Science in Supply Chain Management | 97.4% | 79.5% | $3,245 | $3,200 |
What You Study Might Not Be Your Career
In some cases, you might not end up working in a job that is relevant to your degree. There are students who studied social sciences and yet are working in the photography industry.
Your experience will cause your goals to change.
The key is to keep learning and constantly upgrade yourself. Sign up for courses and self-upgrading lessons!
Also, it is best to always keep your finances in check! Get rid of all your financial worries with the right helping hand!
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