Originally Posted by Unregistered

just a few comments on scholar making to pte sector transition.

what worked in the past is unlikely to work today and even less likely to happen in the future.
when singapore was still booming in the past, talents were in demand and banks or MNCs are willing to pay top dollar to lure scholars into the private sector. It is also true that in the past as long as you get a degree, getting a job is not difficult. Today, having a degree is not enough, you need the right degree, skills, connections, knowledge to get the job you want. Furthermore, singaporeans are more affluent today, kids can go to Harvard, Stanford without government scholarship and these people go straight to private sector right out from college. Add to the liberal immigration policies, companies can hire chinese/indian bright students from the best colleges in the world. What's the attraction of a scholar today? besides having an ivy league degree. I would say that it will be increasing difficult for scholars today to make the leap to private sector as compared to the past. If you fast forward to six years down the road, do you think a scholar is attractive to the private sector? unless your job experience is directly relevant, if not, transitioning straight to private sector will be close to impossible. Employers today, have access to global talents today, no one will hire someone just because he has an ivy league degree, wasting 6 years doing something that is not relevant.