I am was a NTU Accountancy (double major) grad who had also went to SMU for a 6-month local university exchange program.

Here is my take:

1. Hirability
- It depends much more on your calibre rather than the school you get into.

2. Ease of getting good honors
- There is more project work and presentation skills element in SMU courses. If you are more vocal & articulate, you might find it easier to score there. In general, I find it easier to score in SMU
- I graduated with first class honors. SMU modules were straight A's. NTU was a mix of As, Bs.

3. Culture
- SMU will give you lots of friends. Lots of Hi-Bye buddies. Everyone is a "friend"
- NTU will give you some haters. But a couple of true friends. Friends to keep.
- Ex-GF SMU. Wife from NTU

4. Networking
- SMU trains you up to the "real world" of making yourself look good and making others feel good
- For the practical minded, SMU gives you a better network

5. Location & Cost
- My favourite store at SMU is 7 eleven. Whip potato. The only thing that is cheap there. Parking is too expensive.. I took the MRT.
- NTU: I have many favourite stalls. Sometimes I still go back to the various halls. Parking is free. I drive to school.
SMU is expensive. NTU gives you a better bang for the buck.

Ultimately it is your choice. Both schools have their pros and cons. Just choose the one that you identify most with.