The mainstream media is apparently telling us that business degrees are no longer in demand. We are told a law degree can command a salary as high as $8,500 while arts and science courses are getting popular now.
On the front page of yesterday's
Business Times printed edition:
Quote:
"Trainee lawyer bags $8,500 monthly pay
Foreign law firm pays record starting salary to NUS grad
LAW firms may be trimming costs and easing up on new hires, but a freshly minted young lawyer has just snared a record starting salary. She starts her working life on a pay of $8,500 a month." (article is now available online)
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Also on front page of today's
Sunday Times printed edition:
Quote:
"Business degrees lose their attraction
Varsity applicants opt for science & arts as they scan the job scene down the road
The eye-popping six-figure salaries that banks were throwing at freshly minted graduates in recent years made business faculties the first choice for many university applicants... But the recession has provided a reality check this year... There is a shift away from business to courses such as arts and social sciences, which offer surer job prospects in teaching and the civil service."
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Before students flock to these other arts and science degree courses, maybe they should take a loot at our
Dumping Ground rankings, which we derived from - guess-what - the graduate employment surveys from
NUS,
NTU and
SMU.
http://www.salary.sg/2009/business-d...emand-anymore/