SMU Fresh Grads Make $4k to $10k

correct me if you liked, i know a lot of people who strike it on their own. it is just that they have not been successful.
so if you are talking about the success rate of being an entrepreneur here in singapore and benchmarks being wealth n global branding, you are right Singapore is lacking.
however, i do not think its solely based on our culture and society, the critical mass and outreach is just not there.

We are getting there. It's a evolving economy and changing in mindset. Gov't is encouraging people to be entrepreneurial. You can see this from diff govt agency providing some form of support to SMEs and entrepneural projects. Critical mass is one thing, but i do think culture and society plays a big part. Just look at HK. People there are more entreprenuerial. Not right or wrong, just a fact.
At the end of the day, Singaporeans are known for being kiasu, this is a fact.

HCA,

HKs are more determined and goal driven than SGs.

If you like, how many HK companies are global?

Anyway, nothing further to discuss. Its good to let off your air here. we all need an outlet these days to let off steam..its not healthy to bottle them..

I can name a few! Li & Fung, Hutchinson Whampoa (which own Watson, 3, mega ports, utility / infrstructure group, and if i am not mistaken, at one stage owned big chunk of Vodaphone!); Cheung Kong Holding, Swire Pacific; Cathy Pacific; Shangri-la, Mandarin Oriental and some mega developers - ALL privately owned!.

Are HKers more determined and goal driven than SGs? or are they more entrepreneurial? or both? upto your interpretation.

we have GIC n Temasek employin some of the best brains in singapore. SIA, Singtel, PSA, etc...

well not exactly private owned. if thats your point...

I totally agree with you that that we have some of the best brains in Singapore in the Govt Linked Companies such as SIA, Singtel, PSA...etc. I can't imgaine what will their achievement be if they strike out on their own. They could well be some of the best entrepreneurs in Asia. However, unlikely they will do that, becuase of their highly paid job!! THat's my point!

So what are the Job and the course of study allow them to achieve highly-paid job such as 10k/mth ?

excluding specialist roles in medical and law industries..

high paying graduate entry level jobs include private equity, investment bankers, banking sales or wealth management, management consultants etc..

90% of these jobs, in respectable companies, command more than 5,000 a month for entry level graduates.. up to more than 10,000 especially for PE and IB guys..

If you are referring to graduate pay with 10k/mth, i do not know of any (or rather many) graduates with 10k/mth upon graduation. And in today's climate, i am not sure if the PE and IB roles still exist, esp for Graduates!!!

Like i said earlier. Do something you like, stay focused, and you will be rewarded. This is true for ALL professions.

adiemuso, you talk about the importance of critical mass to fostering creativity, and HCA has already brought up Hong Kong as a counter example.

Allow me to also bring up Isreal, according to http://en.wikipedia.org/wiki/Israel, they too, only have a population of 7.2 million.

Being small did not stop them from digging into themselves to innovate and become one of the most advanced economies in Southwest Asia. A lot of successful techological companies have also sprung out of Isreal. They also have the 2nd highest school life expectency in Asia (after Korea).

Now you know where all the LG, Samsung came from, considering that Korea doesn't have that big a population as well.

If critical mass is that important, then China must necessarily top the list of producing creative entrepreneurs.