SINGAPORE – More new graduates from the Singapore Institute of Technology (SIT) found full-time jobs last year as the country’s economic growth accelerated, with starting salaries topping industry levels. before the pandemic.
In the Class of 2021, 86% secured permanent full-time employment, compared to 69.8% of the cohort that graduated in 2020.
Overall, 95.6% of the 2021 cohort found employment, including part-time work, within six months of graduation, which is similar to 95% for the previous cohort .
These results were released on Friday as part of the annual Joint Autonomous University Graduate Employment Survey, which was conducted by SIT between March 1 and May 14.
Of the 2,006 graduates from 33 degree programs at SIT and its 10 overseas partner universities, 84.5%, or 1,695, participated in the survey.
Survey results for other universities were released earlier this year due to differing academic calendars. They had also shown similar positive results for their graduates.
Last year, graduates of the National University of Singapore, Nanyang Technological University, Singapore Management University and Singapore University of Social Sciences earned a median gross monthly salary of 3 $800, while those at Singapore University of Technology and Design won $4,500.
SIT graduates earned a median gross monthly salary of $3,550 last year, up from $3,500 in 2020.
The SIT said yesterday that this exceeded pre-pandemic levels, with average and median gross monthly wages of those in full-time jobs at a record high.
As in previous years, graduates of information and communications technology (ICT) programs earned higher salaries.
Recent graduates of the ICT (software engineering) program earned the most among their peers with a median monthly salary of $5,000, followed by graduates in ICT (information security) with $4,950 and computer science graduates in interactive simulation in real time with $4,600.
SIT said it has seen a significant recovery of graduates in the tourism and built environment sectors which have been heavily impacted by Covid-19. More people in hospitality, civil engineering and sustainable infrastructure engineering (construction services) programs secured full-time employment last year compared to the previous year.
SIT Chairman Chua Kee Chaing said, “We are pleased that employment results have rebounded and even surpassed pre-COVID-19 levels. Employers continue to express their confidence in our students through early job offers, even before they graduate – a strong testament to our pedagogy and applied learning programs.
One in two SIT graduates received job offers from its Integrated Work-Study Program (IWSP) companies before graduation, and of those, more than half accepted the offer.
The IWSP gives students up to 12 months of real-world work experience.