Recently, I have several friends who had their commencement/graduation ceremonies at various universities in Singapore. How does a choice of degree affect your employability and salary? Luckily for us, this data is available publicly. After cleaning up the data and some simple preprocessing, I have created an interactive visualization using this dataset. Hope this can be of use to people who is contemplating on which courses to take
- SMU and NUS students seems to be getting better basic monthly salary than their NTU counterparts.
- Business student generally fairs better than Engineering student in terms of mean basic salary. Top salary goes to Law graduates while the last goes to Arts and Social Sciences graduates.
- The mean for business student basic starting pay is $3,464 while that of engineering is $3,263. The highest paid business/finance degree is Business Management Cum Laude of SMU at $4,019 while that of engineering is Aerospace Engineering of NTU at $3,715.
- In terms of employment rate, professions like teachers (Arts with Education), lawyers, pharmacists, accountant have either 100% or very close to 100% employment rate. At the other end of the spectrum, the lowest employment rate is at 66.70% for Psychology graduates and 73.20% for Sociology graduates.
You can try out this dashboard that I have created yourselves! There are many insights that you can derive from this dashboards that I couldn’t cover in this blog. Let me know what insights you have gathered in the comments below!
Lastly, I would like to add that salary and employability should not be all that one focus on when choosing a university degree in my opinion. Choose a course that you like and you will likely do better than one where you have close to zero interest. Have fun playing with the dashboard!