To Drachir,
Sorry that I misunderstood your qn. Anyway, I do agree with you that a lot of engineering grad succeed in banking, especially in finance related jobs due to the analytical nature and good handling of figures present in most engineers due to the nature of their course. A lot of banks are actually holding recruitment drives in NUS and NTU engineering to recruit engineers into financial sectors.
To lower cost-lower tech,
I suggest that before you post anymore comments, go check out the recent news and development of education and careers in Singapore.
Firstly, President Nathan has already revealed the commencement of a 4th university in Singapore, and MOE has just held a press conference stating that the 4th university will be a university of applied technology, situated in Changi.
Secondly, if you are a bright spark in engineering, you will most probably won't go into production or manufacturing, but rather research areas in which singapore is pouring a lot of money into. You can go check out how much good researchers earn in institutes like Astar. I know they earn a lot. Alternatively, if you are a bright spark, you may even excel if you venture in the banking/finance sector, or even become an entrepreneur.