PSA Undergraduate Scholarship (Engineering Track) - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




PSA Undergraduate Scholarship (Engineering Track)

Reply
 
Thread Tools
  #1 (permalink)  
Old 28-11-2021, 11:25 AM
Junior Member
 
Join Date: Nov 2021
Posts: 1
Talesis is on a distinguished road
Smile PSA Undergraduate Scholarship (Engineering Track)

Hi all, what is the monthly basic salary for PSA scholars under the Engineering track?

Also, is it true that there would be an "accelerated career path"?

Thanks in advance for all your inputs!

Reply With Quote
  #2 (permalink)  
Old 30-11-2021, 02:55 PM
Unregistered
Guest
 
Posts: n/a
Default

if you want acceleration, toss your bond and join FAANG (MANGA?)

you need to fight very hard to get to AO where you draw 300-400k sgd. that is early 30s, so you will be 33+ years old if you are very fast (say 6-7 years)

in MANGA, you will get to 300-400k within 5-6 years, much less competition. in US you get to US$300k-400k in 2-4 years. but obviously with US tax and COL your take home can be a joke.

Reply With Quote
  #3 (permalink)  
Old 30-11-2021, 07:26 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
if you want acceleration, toss your bond and join FAANG (MANGA?)

you need to fight very hard to get to AO where you draw 300-400k sgd. that is early 30s, so you will be 33+ years old if you are very fast (say 6-7 years)

in MANGA, you will get to 300-400k within 5-6 years, much less competition. in US you get to US$300k-400k in 2-4 years. but obviously with US tax and COL your take home can be a joke.
Is it worth to take on this scholarship?

Reply With Quote
  #4 (permalink)  
Old 30-11-2021, 08:11 PM
Unregistered
Guest
 
Posts: n/a
Default

if you are good no.

I was offered DSTA scholarship before because I had an offer for HYPMS/Oxbridge, but didn't take it up because of father mother scholarship, thought I would want to work in big tech.

I ended up not working in big tech, but went into investment banking then PE. 4 years in pulling around S$500k per year as my team is doing well. Not a brag, this is not the norm, (and there are others who earn even more) but even if you are in the industry, it would be easily S$300-400k. If you think it is crazy, go to wallstreetoasis.com and look at how much finance is paying, or levels.fyi or teamblind to see what tech industry is paying. Trying to see which ministry pays $500/mth more for fresh grad, or looks more prestigious than other ministries, is a real distraction.

At your level in JC - scholarships and ministries are very fast to market you what is the way to 'success'. You just haven't seen what other companies can pay you, because they only start recruiting you after you start uni. If you sign on scholarship, it is too late.

Even if you choose to take the scholarship, don't do your internships with the ministries in summer. go outside and do internships with amazon, meta etc. If you want to jump, you know your market rate, then just jump.
Reply With Quote
  #5 (permalink)  
Old 30-11-2021, 09:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Talesis View Post
Hi all, what is the monthly basic salary for PSA scholars under the Engineering track?

Also, is it true that there would be an "accelerated career path"?

Thanks in advance for all your inputs!
I would say not to bother with PSA as it is a sunset industry even locals working there are leaving...
Join FAANG (MANGA) if possible.
Reply With Quote
  #6 (permalink)  
Old 30-11-2021, 09:17 PM
Unregistered
Guest
 
Posts: n/a
Default

Agree. Recently there was a big exodus of PSC scholars. To Twitch, Meta, Amazon - a whole bunch.
Reply With Quote

  #7 (permalink)  
Old 30-11-2021, 09:46 PM
Unregistered
Guest
 
Posts: n/a
Default

Only good thing is the job stability. Otherwise, don't bother
Reply With Quote
Reply

Bookmarks

Tags
engineering, psa international, salary, scholarship

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Anyone who has done SG:D Scholarship (Undergraduate) - IMDA interview [email protected] SkillsFuture 5 11-07-2022 11:54 PM
Should i take up CSIT undergraduate scholarship? Mayugod Income and Jobs 4 12-06-2021 08:44 PM
anyone who has done SG:D Scholarship (Undergraduate) - IMDA interview [email protected] Income and Jobs 0 26-04-2021 04:37 PM
anyone who has done SG:D Scholarship (Undergraduate) - IMDA interview [email protected] General Discussions 0 26-04-2021 04:37 PM
University of Canterbury NZ International Student Undergraduate Four Year Scholarship warning Education and Personal Growth 0 22-08-2011 08:59 PM

» 30 Recent Threads
ITE Polytechnic Scheme ( 1 2 3... Last Page)
302 Replies, 362,123 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,262 Replies, 2,290,871 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,289 Replies, 4,702,006 Views
Local bank BO pay
0 Replies, 22 Views
Aon Centre for Innovation and...
9 Replies, 6,020 Views
Lawyer Salary ( 1 2 3... Last Page)
20,968 Replies, 10,281,178 Views
ST Electronics ( 1 2 3... Last Page)
3,731 Replies, 1,527,622 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,386 Replies, 768,637 Views
Career as Teacher ( 1 2 3... Last Page)
10,569 Replies, 6,552,044 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
680 Replies, 342,560 Views
GovTech ( 1 2 3... Last Page)
5,061 Replies, 2,135,112 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,045 Replies, 4,937,336 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
904 Replies, 500,192 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,254 Replies, 605,282 Views
Compare civil service salary ( 1 2 3... Last Page)
16,314 Replies, 12,396,742 Views
Standard Chartered International... ( 1 2 3... Last Page)
476 Replies, 262,738 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,435 Replies, 1,362,639 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
403 Replies, 485,831 Views
Engineer Pay ( 1 2 3... Last Page)
664 Replies, 454,320 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,772 Replies, 1,030,204 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
501 Replies, 264,178 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
651 Replies, 376,765 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
1,165 Replies, 640,824 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,100 Replies, 3,713,748 Views
DBS ACE Programme ( 1 2 3... Last Page)
119 Replies, 76,926 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,233 Replies, 3,376,078 Views
Work culture in IHiS ( 1 2 3... Last Page)
717 Replies, 535,446 Views
SIA AO grades ( 1 2 3... Last Page)
127 Replies, 101,702 Views
JP Morgan ( 1 2 3... Last Page)
198 Replies, 171,144 Views
NTU (non-faculty) ( 1 2 3... Last Page)
172 Replies, 213,695 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 11:05 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2