To low cost-lower tech
Engineering is different from business degrees. Being a professional and accredited degree, there are certain guidlines in which the course has to follow. Furthermore, engineering degree in Singapore now is much more different as compared to the past. New course materials and requirements such as human resource and biz modules are present for a holistic education.

The basline is that the system can only do this much. Many ppl take an engineering course but only some will excel. This is the same in all other courses such as business.

Quoting low cost-low tech, if engineering is mass producing engine grads for manufacturing plants, business is also good in mass producing biz grads for 8 to 5 offices in Raffles Place.

Of course, this is not true. Only people with aim and passion excel. So please do not make stereotyping and sweeping statements.