SMU Fresh Grads Make $4k to $10k - 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




SMU Fresh Grads Make $4k to $10k

Reply
 
Thread Tools
  #1 (permalink)  
Old 11-05-2008, 10:11 PM
Salary.sg
Guest
 
Posts: n/a
Default SMU Fresh Grads Make $4k to $10k

Ok, not all of them.

The "Class of 2007" of Singapore Management University (SMU) are getting higher starting salaries than their seniors.

According to the SMU employment survey, their salaries are 6.7% higher than the previous cohort.

Of the 618 survey respondents, 69 got high-paying jobs that pay between $4,000 to $10,000 a month.

And those who got distinctions in their degrees - namely summa cum laude, magna cum laude and cum laude - receive an average starting pay of $3,500.

Congratulations to the SMU Class of 2007.

But the sceptics among us know that results of such employment surveys are always to be taken with a pinch of salt.

Reference: Channelnewsasia article. See also my last year's post on the previous SMU cohort.

http://www.salary.sg/2008/smu-fresh-...ake-4k-to-10k/

Reply With Quote
  #2 (permalink)  
Old 12-05-2008, 01:27 AM
wait and wait---
Guest
 
Posts: n/a
Default 1627

With today's high cost of living, average pay of $3500 is very little. As I have mentioned before, 15 years ago a MOE teacher with a good degree already earns a starting salary of about $3k. And things are so cheap compared to today. Please, today earn $3500... Something is wrong. $3500 a month cannot drive car, cannot buy house, cannot go travel frequently, cannot get married...

Maybe can if you don't intend to save any money or if you buy everything with credit cards and chalk up purchases with 24 months installments.

Reply With Quote
  #3 (permalink)  
Old 12-05-2008, 09:32 AM
WishBoNe---
Guest
 
Posts: n/a
Default 1629

I so chose the wrong place to study! Should have gone to SMU!

Reply With Quote
  #4 (permalink)  
Old 12-05-2008, 11:10 AM
motd---
Guest
 
Posts: n/a
Default 1630

Then for those earning $1.5k per month = very poor.

Wish I was earning that kind of money.
Reply With Quote
  #5 (permalink)  
Old 12-05-2008, 12:11 PM
wait and wait---
Guest
 
Posts: n/a
Default 1631

A 4 year university easily cost >$100k. This includes tuition fees, books & stationaries, lost of income for 4 years(assume $2k/mth,4 years = $96k), transport cost etc.

The recent chinese papers interviewed some beer ladies. They earn more than $2k a month including commissions. Sorry no offense intended, but if a graduate earns only $3k a month after spending so much time and money, he is worse than a beer lady.
Reply With Quote
  #6 (permalink)  
Old 12-05-2008, 12:22 PM
wait and wait---
Guest
 
Posts: n/a
Default 1632

I see many people in the previous post of Get Rich Seminars that they complain spending $3k on a 5 days course but I don't see people complain about spending >$100k and 4 years of a precious prime period of life on a university. Then only earn around a beer lady pay. Funny isn't?

And please, don't look down on beer ladies. One day they may become boss of a kopitiam. Remember that our Singapore's David Gan was a shampoo boy when he started out.
Reply With Quote

  #7 (permalink)  
Old 12-05-2008, 02:44 PM
Min---
Guest
 
Posts: n/a
Default 1633

Just posted a thread discussion on this

http://www.youth.sg/forum/showthread.php?p=31541

Anyways this is only true for 69 respondents. So ohwell.
Reply With Quote
  #8 (permalink)  
Old 12-05-2008, 02:52 PM
Careerwork---
Guest
 
Posts: n/a
Default 1635

I think any U in order to boost and attract the number of students , will definitely claim that the starting salary is very high. SMU is relatively new and I view the news as an advertisement.
Reply With Quote
  #9 (permalink)  
Old 13-05-2008, 07:34 AM
e---
Guest
 
Posts: n/a
Default 1639

word on the street is that SMU grads are looked upon very favourably (I guess though if you were a top student from the other unis it would be the same).

Anyway, the difference between a grad and a beer lady earnings 2k+ a month is the option value and scalability attached to those earnings...
Reply With Quote
  #10 (permalink)  
Old 13-05-2008, 09:36 AM
NTU---
Guest
 
Posts: n/a
Default 1640

I am from NTU and my some of my peers are earning 2500 still after 3 years. I find it strange that if starting pay for fresh grads are more than 3K why wouldn't their bosses tag their salaries to the norm? I would take SMU's figures with a pinch of salt, remember their M is not just for Management, but for Marketing as well.
Reply With Quote
Reply

Bookmarks

« 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
Tuition Teachers Make 20k Salary.sg Income and Jobs 7 24-09-2020 09:50 AM
Our Poll Results: 45% Fresh Graduates Jobless Salary.sg Income and Jobs 48 01-07-2020 03:43 PM
Property Agents make A LOT of Money Salary.sg Income and Jobs 209 28-09-2017 12:38 PM
Many Fresh Graduates Unemployed Salary.sg Income and Jobs 7 19-04-2009 10:44 PM

» 30 Recent Threads
HSBC Graduate Programme 2021 ( 1 2 3)
23 Replies, 2,838 Views
Career as Teacher ( 1 2 3... Last Page)
2,955 Replies, 1,811,756 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,662 Replies, 1,369,248 Views
Standard Chartered International... ( 1 2 3... Last Page)
54 Replies, 56,618 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,051 Replies, 833,604 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,090 Replies, 3,884,333 Views
Mid-Year Civil Servant Bonus 2020 ( 1 2 3... Last Page)
155 Replies, 36,194 Views
Bunker trader ( 1 2 3... Last Page)
47 Replies, 24,255 Views
Compare civil service salary ( 1 2 3... Last Page)
10,895 Replies, 6,026,684 Views
How much does a typical FP&A... ( 1 2 3)
24 Replies, 2,187 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,458 Replies, 2,049,199 Views
ST Electronics ( 1 2 3... Last Page)
1,045 Replies, 281,254 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,515 Replies, 1,003,151 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
359 Replies, 124,880 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,800 Replies, 1,179,346 Views
Engineer Pay ( 1 2 3... Last Page)
146 Replies, 54,426 Views
Civil Service Bonus 2020 Year End
2 Replies, 309 Views
DBS tech seed programme ( 1 2 3... Last Page)
161 Replies, 17,029 Views
Any advice for a final year...
3 Replies, 3,520 Views
Advice for a troubled Designer ( 1 2)
13 Replies, 4,803 Views
Insurance Management Associate... ( 1 2 3... Last Page)
63 Replies, 20,651 Views
GovTech Tech Associate Program... ( 1 2)
16 Replies, 3,875 Views
anyone work as trainer with...
3 Replies, 2,079 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,786 Replies, 533,685 Views
I need advice
4 Replies, 838 Views
Job offer from Apple ( 1 2 3... Last Page)
492 Replies, 108,468 Views
Business / System Analyst
1 Replies, 1,069 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
234 Replies, 145,564 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 06:57 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2