Graduate Employment Survey 2023 NUS Statistics

This is a subsection of the Graduate Employment Survey blog post. The full blog post can be found here.

Introduction #

In this subsection, we will analyze the Graduate Employment Survey (GES) 2023 report for the National University of Singapore (NUS). We will explore the employment outcomes of NUS graduates, including their employment rates, starting salaries, and job roles. We will identify any trends or insights that emerge from the data and compare the results with previous years.

We will go through the overall statistics before doing a deeper dive on each of the faculty. Due to the large number of faculties, we will be exploring the different trends based on each of the different faculties.

To view more NUS related content, you can visit my NUS Subdomain here.

Overall #

Cohort Sizes #

Response Rates % #

Faculty of Arts and Social Sciences #

Arts #

Gross Monthly Salary (SGD) #

Employment Rate #

Arts (Hons) #

Gross Monthly Salary (SGD) #

Employment Rate #

Social Sciences #

Gross Monthly Salary (SGD) #

Employment Rate #

Faculty of Dentistry #

This faculty only consists of Bachelor of Dental Surgery graduates.

Gross Monthly Salary (SGD) #

The gross monthly salary for dentistry graduates has been consistently high over the past 5 years, with an average salary of $4589 in 2023. For most of the years, the 25th percentile and median salary has been the same, indicating that the 25th percentile to the median is earning the same amount. The difference between the median and the 75th percentile is generally $400.

Employment Rate % #

The employment rate of dentistry graduates has been consistently high at 100% for the past 5 years.

Faculty of Law #

The faculty of law only consists of Bachelor of Laws graduates.s

Gross Monthly Salary (SGD) #

For the faculty of Law, the data for 2023 is very interesting. The average salary is higher than the 75th percentile, indicating that there are a few graduates (> 25%) earning a very high salary and skewing the average upwards.

To take into account how absurd this is, let us do some napkin math.

Let us make some assumptions to calculate the minimum average salary of the top 25% of graduates.

1. 0th to 25th percentile: Earns 25th percentile pay (6000)
2. 25th to 50th percentile: Earns median pay (7000)
3. 50th to 75th percentile: Earns 75th percentile pay (7100)

Based on their FAQ, the faculty of law has about 250 graduates per year.

Using these numbers, we can do some calculations.

$$ Graduates = 250 $$ $$ TotalSalary = 7244 * 250 = 1811000$$ $$ 0-25th = 6000 * 250 * 0.25 = 375000 $$ $$ 25th-50th = 7000 * 250 * 0.25 = 437500 $$ $$ 50th-75th = 7100 * 250 * 0.25 = 443750 $$ $$ 75th-100th = 1811000 - 375000 - 437500 - 443750 = 554750 $$ $$ Avg of 75th-100th = 554750 / (250 * 0.25) = 8876 $$

The average salary of the top 25% of graduates is $8876, which is significantly higher than the median salary of $7000. This is also the minimum possible average.

On the opposite end, if we make an opposite assumption,

1. 0th to 25th percentile: Earns 0
2. 25th to 50th percentile: Earns 25th percentile pay (6000)
3. 50th to 75th percentile: Earns median pay (7000)

$$ Graduates = 250 $$ $$ TotalSalary = 7244 * 250 = 1811000$$ $$ 0-25th = 0 * 250 * 0.25 = 375000 $$ $$ 25th-50th = 6000 * 250 * 0.25 = 375000 $$ $$ 50th-75th = 7000 * 250 * 0.25 = 437500 $$ $$ 75th-100th = 1811000 - 375000 - 437500 = 998500 $$ $$ Avg of 75th-100th = 998500 / (250 * 0.25) = 15976 $$

Overall, the average salary of the top 25% (excluding the 75th percentile) of graduates ranges from $8876 to $15976, which is wildly different from the 75th percentile salary of $7100.

Employment Rate % #

The full time employment rate of law graduates has been increasing over the past 5 years, with a high of 96.9% in 2023.

Faculty of Engineering #

Biomedical Engineering #

Gross Monthly Salary (SGD) #

In general, the gross monthly salary for biomedical engineering graduates has been increasing over the past 5 years, with an average salary of $4243 in 2023. From 2022 to 2023, the 75th percentile salary has a sharp decrease of $400.

Employment Rate % #

The employment rate of biomedical engineering graduates has been fluctuating over the past 5 years, with a low of 80.4% in 2019 and a high of 97.2% in 2022. However, the full time employment rate has been increasing over the past 5 years, with a high of 91.6% in 2022.

Chemical Engineering #

Gross Monthly Salary (SGD) #

The gross monthly salary for chemical engineering graduates has been fluctuating over the past 5 years, with an average salary of $4602 in 2023.

Employment Rate % #

The employment rate of chemical engineering graduates has been fluctuating over the past 5 years, with a low of 85.7% in 2023.

Civil Engineering #

Gross Monthly Salary (SGD) #

The gross monthly salary for civil engineering graduates has been slowly increasing over the past 5 years, with a median salary of $4000 in 2023.

Employment Rate % #

The employment rate of civil engineering graduates has been fluctuating over the past 5 years, with a high of 97.3% in 2021. However, the full time employment rate has been fluctuating over the past 5 years, with a low of 86.5% in 2020.

Electrical Engineering #

Gross Monthly Salary (SGD) #

The gross monthly salary for electrical engineering graduates has been increasing over the past 5 years, with an average salary of $4918 in 2023.

Employment Rate % #

The employment rate of electrical engineering graduates has been fluctuating over the past 5 years, with a low of 89.6% in 2019 and a high of 95.1% in 2021. The full time employment rate has been fluctuating over the past 5 years, with a low of 75.4% in 2020.

Engineering Science #

Gross Monthly Salary (SGD) #

In general, the salary is fluctuating, with the average salary being $4605 in 2023.

Employment Rate % #

The employment rate of engineering science graduates has been fluctuating over the past 5 years, with a low of 77.8% in 2023.

Environmental Engineering #

Gross Monthly Salary (SGD) #

The gross monthly salary for environmental engineering graduates has been fluctuating over the past 5 years, with an average salary of $4299 in 2023. The difference between the 25th percentile and the 75th percentile has been generally constant.

Employment Rate % #

The employment rate has been generally decreasing, with a low of 76.9% in 2023. Similarly, the full time employment rate has been decreasing with a severe drop in 2020.

Industrial & Systems Engineering #

Gross Monthly Salary (SGD) #

The gross monthly salary has been overall increasing over the past 5 years, with an average salary of $4744 in 2023 and a decrease from 2022 to 2023.

Employment Rate % #

The employment rate has been generally decreasing, with a low of 92.9% in 2022. The full time employment rate dropped from 2019 to 2021 and is recovering from 2021 to 2023.

Materials Science & Engineering #

Gross Monthly Salary (SGD) #

The gross monthly salary has been fluctuating over the past 5 years, with an average salary of $4371 in 2023.

Employment Rate % #

The full time employment rate for materials science & engineering graduates has been fluctuating over the past 5 years, with a low of 66.1% in 2020. It seems to be very volatile, depending on the economic climate in that particular year.

Mechanical Engineering #

Gross Monthly Salary (SGD) #

The gross monthly salary has been fluctuating over the past 5 years, with an average salary of $4722 in 2023.

Employment Rate % #

The employment rate is generally increasing, with a high of 96.2% in 2022. The full time employment rate has been fluctuating over the past 5 years, with a low of 69.6% in 2020.

Faculty of Science #

Bachelor of Science #

As the cohort for Bachelor of Science is very small (Those with honours are in a separate category), the changes between the different years might be very volatile.

Without enough data, it is hard to draw any meaningful conclusions.

Gross Monthly Salary (SGD) #

Employment Rate % #

Bachelor of Science (Hons) #

Gross Monthly Salary (SGD) #

The gross monthly salary for Bachelor of Science (Hons) graduates has been increasing over the past 5 years, with an average salary of $4290 in 2023. The average is greater than the median, indicating that there are a few graduates earning a very high salary and skewing the average upwards.

Employment Rate % #

The employment rate has stayed generally the same, with a low of 88.5% in 2019. The full time employment rate has been increasing over the past 5 years, with a high of 81.7% in 2023. However, there was a sharp drop from 2019 to 2020.

Computational Biology #

There is not enough information for this course, thus, there is no data to display.

Pharmacy #

There is not enough information in GES 2023 for this course, thus, there is no data to display. To find out more about the 2023 graduates, you can visit the MOH publication of salary guidelines for the community care sector (By CNA).

Gross Monthly Salary (SGD) #

Employment Rate % #

Pharmaceutical Science (Hons) #

Pharmaceutical Science is a new course and their first cohort of graduates was in 2022.

Gross Monthly Salary (SGD) #

Employment Rate % #

Data Science & Analytics #

The first cohort of graduates for Data Science & Analytics was in 2020. There are also a small number of graduates for this course, so the data might be volatile.

Gross Monthly Salary (SGD) #

The gross monthly salary for Data Science & Analytics graduates has been increasing before a sharp decrease in 2023.

Employment Rate % #

The employment rate has been decreasing slowly before a sharp decrease in 2023.

Faculty of Business #

Business Administration #

For 2020, the data for Business Administration has a very low number of respondents (< 30 people No CLT D:), so the data might not be representative of the cohort. To get a more representative view, you can take a look at Business Administration (Hons)/

Gross Monthly Salary (SGD) #

The gross monthly salary for Business Administration graduates has been increasing over the past 5 years, with an average salary of $6002 in 2023.

Employment Rate % #

In 2020, there were fewer than 30 respondents which may explain the large drop in employment rate and full time employment rate. This drop might not be representative of the cohort as a whole. There seems to be a trend between the employment rate and the full time employment rate, there seems to be 10% to 20% of the cohort who are employed but not full time.

Business Administration (Hons) #

Gross Monthly Salary (SGD) #

The gross monthly salary for Business Administration (Hons) graduates has been increasing over the past 5 years, with an average salary of $5413 in 2023. However, the 25th percentile is increasing at a slower rate than the median and the 75th percentile.

Employment Rate % #

The employment rate is generally constant, with a high of 98.1% in 2021.

Accountancy #

For accountancy with no honours, the cohort size is relatively small which may result in more volatile data. To get a more representative view, you can take a look at Accountancy (Hons).

Gross Monthly Salary (SGD) #

Similar to law, the mean is higher than the 75th percentile. However, as the cohort size is small, a small amount of high income earners might skew the result upwards, so take the result with a large pinch of salt.

Employment Rate % #

The employment rate is generally constant, with a high of 100% in 2021. The full time employment rate has been fluctuating over the past 5 years, with a low of 63.6% in 2020.

Accountancy (Hons) #

Gross Monthly Salary (SGD) #

The gross monthly salary for Accountancy (Hons) graduates has been increasing over the past 5 years, with an average salary of $4850 in 2023. The average salary is consistently higher than the median, indicating that there are a few graduates earning a very high salary and skewing the average upwards.

Employment Rate % #

The employment rate is generally very high, with a high of 99.3% in 2022. It varies slightly depending on the economy.

Faculty of Computing #

Computer Science #

Gross Monthly Salary (SGD) #

The gross monthly salary for computer science graduates has been increasing over the past 5 years, with an average salary of $6877 in 2023. As the average is consistently higher than the median, there are a few graduates earning a very high salary and skewing the average upwards. These are probably cause by the students who are in the High Frequency Trading (HFT) industry.

Even though there were many layoffs during the 2022-2023 period, the 25th and the 75th percentile salaries are still increasing.

Employment Rate % #

The employment rate is generally very high, with a high of 99.1% in 2021. However, from 2022 to 2023, there was a sharp decrease in the employment rate and full time employment rate due to the mass tech layoffs.

Information Security #

There were not enough graduates from 2019, thus, there is no data to display for 2019. In 2020 and 2021, there were less than 30 graduates, thus, the data might be volatile.

Gross Monthly Salary (SGD) #

The median salary seems to be tapering off at 5500, with the 25th and 75th percentile salaries increasing overall.

Employment Rate % #

Most of the graduates are employed and full time employed, with a high of 100% in 2021.

Information Systems #

Gross Monthly Salary (SGD) #

The gross monthly salary for information systems graduates has been increasing over the past 5 years, with an average salary of $5937 in 2023.

As the average is consistently higher than the median, there are a few graduates earning a very high salary and skewing the average upwards.

Employment Rate % #

The employment rate is generally very high, with a high of 98.6% in 2020. The full time employment rate has been fluctuating over the past 5 years, with a low of 93.1% in 2020. Most of the graduates who are employed and full time employed.

Business Analytics #

Gross Monthly Salary (SGD) #

The gross monthly salary for business analytics graduates has been increasing over the past 5 years, with an average salary of $6030 in 2023.

Employment Rate % #

The employment rate is generally very high, with a high of 100% in 2019 and 2021. However, there was an anomaly in 2020 where the full time employment rate dropped to 84.3%.

Faculty of Design & Environment #

Architecture #

There is a small number of graduates or low response rates in 2023. Thus only data from 2019 to 2022 will be shown.

Gross Monthly Salary (SGD) #

The median salary dropped from 2019 to 2021 but seems to be recovering in 2022. As the 2022-2023 economy was not good a good guess for the 2023 trend based on the economy is a drop in the median salary from 2022 to 2023

Employment Rate % #

The employment rate seems to be fluctuating according to the state of the economy. There also seems to be a consistent gap between full time employment rate and employment rate. There is a 1.1% to 4.0% of the cohort who are employed but not full time.

Landscape Architecture #

This is a new course that has its first graduates in 2023. Thus, there is insufficient information to draw any meaningful conclusions. The statistics will only be displayed here.

Gross Monthly Salary (SGD) #

Employment Rate % #

Industrial Design #

The sample size is less than 30 for this faculty from 2019 to 2020, thus, the data might be volatile for those periods

Gross Monthly Salary (SGD) #

In general, the salaries are increasing over the years, with a slight decrease in 2023. However, the salary is not increasing at a similar rates compared to the other course offerings offered in NUS.

Employment Rate % #

The employment rate is elastic compared to the state of the economy. The large disparity between the full time employment rate and the employment rate shows that not many of the graduates are employed full time.

Project & Facilities Management #

Gross Monthly Salary (SGD) #

Across all the 5 years, the salaries across all percentiles are increasing despite economic conditions.

Employment Rate % #

The employment rate is generally increasing, with a high of 98.4% in 2022. However, there was a sharp fall from 2022 to 2023.

There is also a large disparity between employment rate and full time employment rate, with the exception of 2021

Real Estate #

I’m not sure why but for the 2023 GES, the Real Estate course (Bachelor of Science) is included under the business faculty.

Gross Monthly Salary (SGD) #

In general, the salaries are increasing over the years for the 25th, median, average and 75th percentile.

Employment Rate % #

The employment rate is generally stable. However, the full time employment rate has been fluctuating over the past 5 years, with a low of 68.6% in 2020.

Yong Loo Lin School (Medicine) #

For a more long term view, you can visit the MOH publication of salary guidelines for the community care sector (By CNA). This guidelines also include the different job bands and their respective salaries.

Medicine & Surgery #

As there are not enough graduates/samples from 2021 to 2023, there is no data to display for those years. The data from 2019 to 2020 is not sufficient to draw any meaningful conclusions, so the data will just be shown here.

Gross Monthly Salary (SGD) #

Employment Rate % #

Nursing #

Gross Monthly Salary (SGD) #

The gross monthly salary for Nursing graduates has been increasing over the past 5 years, with an average salary of $3923 in 2023. It is consistent across all percentiles.

Employment Rate % #

As expected, during the start of COVID-19, the employment rates increased drastically compared to the other years. However, there is still a disparity between full time employment rate and employment rate, with a 1.4% to 4.7% of the cohort who are employed but not full time.

Nursing (Hons) #

Gross Monthly Salary (SGD) #

The gross monthly salary for Nursing (Hons) graduates has been increasing over the past 5 years, with an average salary of $3981 in 2023. It is consistent across all percentiles.

Employment Rate % #

The employment rate is generally very high, with a high of 100% in 2022. As healthcare is an essential service, the employment rate is generally very high.

Music #

This category only consists of Bachelor of Music graduates. From 2021 to 2022, there were less than 30 graduates, thus, the data might be volatile.

Gross Monthly Salary (SGD) #

From 2019 to 2021, the salaries are decreasing across all percentiles. However, it seems to be recovering in 2022 and 2023.

Employment Rate % #

The employment rate is generally increasing, with a high of 85.7% in 2022. However, the full time employment rate has been fluctuating over the past 5 years, with a low of 15.4% in 2020. There is a large disparity between employment rate and full time employment rate, with a 14.7% to 50% of the cohort who are employed but not full time.

Yale NUS College #

Bachelor of Arts (Hons) #

Gross Monthly Salary (SGD) #

The gross monthly salary for Bachelor of Arts (Hons) graduates has been increasing over the past 5 years, with an average salary of $4908 in 2023. The average salary is consistently higher than the median, indicating that there are a few graduates earning a very high salary and skewing the average upwards.

Employment Rate % #

There is a large disparity between employment rate and full time employment rate, with a 9.3% to 20.5% of the cohort who are employed but not full time.

Bachelor of Science (Hons) #

From 2019 to 2020, there is only a small number of graduates, thus, the data might be volatile.

Gross Monthly Salary (SGD) #

In general, the salaries are increasing over the years, with a slight decrease in 2023. The average salary is consistently higher than the median, indicating that there are a few graduates earning a very high salary and skewing the average upwards.

Employment Rate % #

The employment rate is generally decreasing, with a high of 96.3% in 2022. The full time employment rate has been fluctuating over the past 5 years, with a low of 77.8% in 2020.

Multi-Disciplinary Programmes #

Computer Engineering #

Gross Monthly Salary (SGD) #

In general, the salaries are increasing over the years, with a slight decrease from 2022 to 2023.

Employment Rate % #

The employment rate is generally increasing, with a high of 97.4% in 2021. From 2019 to 2021, the full time employment rate is increasing. However, from 2021 to 2023, there was a sharp decrease in the employment rate.

Environmental Studies #

Gross Monthly Salary (SGD) #

In general, the salaries are increasing over the years. The average salary is consistently higher than the median, indicating that there are a few graduates earning a very high salary and skewing the average upwards.

Employment Rate % #

The employment rate is generally increasing, with a high of 97.4% in 2021. The full time employment rate has been fluctuating over the past 5 years, with a low of 47.6% in 2020. The disparity of the full time employment rate and employment rate is large, but the gap is generally closing.