Quote:
Originally Posted by Unregistered
in another word,nothing intellectual. give 2-3 years of working experience to any grad, u think the grad will not pick up on those skills on their own?
and here is something surprising:
we always look at the average income of fresh grad released by MOE, and the biz grads are always depicted as earning much more. but unfortunately, we all know how 'average' is susceptible to outliers. So the 3 local uni has conducted a joint study which is not widely known or published which measures the median.. and guess watz the median income of nus biz school?
MOE survey: mean = $3976
Joint study: median = $2945 (yes, 2945. no typo)
meaning, more than half of biz grad will earn less than 3k even tho their average income is one of the highest. This, i believe is one of the reasons which misled many young kids, fresh out of JC/poly, into thinkin biz grad will help them earn more when they grad.
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it is indeed misleading to use purely mean for decision making. Maybe that is why the
MOE GES survey actually includes the mean, median, 25th and 75th percentile in the survey result. the 25th percentile is 3000 and median is 3200.
Using the result of 2 different survey is totally pointless, especially if the 2 survey doesn't even have the same sample size or group