Strong Employment Outcome Despite Slowing Economy

Highest Starting Salary1 and Strong Demand

SUTD GES 2022Source: 2022 Graduate Employment Survey jointly conducted by NUS, NTU, SMU, SUTD, SIT and SUSS.
1 Mean gross monthly salary
2 Overall employment rate


The 2022 Graduate Employment Survey (GES) showed a strong employment outcome for SUTD graduates despite a slowing economy. 87.6% of graduates secured full-time permanent employment, and the overall employment rate remains high with 91.5% being employed within six months of their final examinations.

Among those who are full-time permanently employed, 54.9% received multiple (two or more) job offers and more than a third (34.5% in 2022, compared to 24% in 2021) received return job offers arising from their internships.

The mean gross monthly salary of SUTD’s fresh graduates in full-time permanent employment increased to $5,102 in 2022, compared to $4,730 in 2021; and the median gross monthly salary increased to $4,800 in 2022, compared to $4,500 in 2021.

Some of the top hiring sectors include Information & Communication, Financial & Insurance, and Scientific Research & Development where over 55% of graduates secured full-time permanent employment.

388 full-time and 81 follow-up graduates8 from SUTD were surveyed in February 2023 and the overall response rates obtained were 77.3% and 70.4% respectively.

SUTD: 2022 GES Employment Rates3 and Salaries of Graduates by Bachelor Degree

Degree Proportion of Graduates in the Labour Force who were Basic Monthly Salary6 Gross Monthly Salary7
Employed4 In Full-Time Permanent Employment5 Mean Median Mean Median 25th Percentile 75th Percentile
Bachelor of Engineering (Computer Science and Design) 91.2% 86.8% $5,539 $5,000 $5,725 $5,190 $4,600 $6,600
Bachelor of Engineering (Engineering Product Development) 94.9% 92.3% $4,266 $4,150 $4,408 $4,200 $3,900 $5,000
Bachelor of Engineering (Engineering Systems and Design) 89.5% 86.0% $4,929 $4,500 $5,046 $4,500 $4,000 $5,300
Bachelor of Science (Architecture and Sustainable Design)8 90.6% 84.9% $4,281 $4,100 $4,335 $4,100 $3,900 $4,500

Source: MOE’s 2022 Graduate Employment Survey

 
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See also: Nine in 10 SUTD fresh graduates employed within six months of graduation

Notes:

3. Employment rates refer to the number of graduates employed as a proportion of graduates in the labour force (i.e. those who were working, or not working but actively looking and available for work) as at 24 February 2023 (i.e. approximately six months after completing their final examinations).

4. Employment refers to graduates working on a full-time permanent, part-time, temporary or freelance basis.

5. Full-time permanent employment refers to employment of at least 35 hours a week and where the employment is not temporary. It includes those on contracts of one year or more.

6. Basic monthly salary pertains only to full-time permanently employed graduates. It comprises basic pay before deduction of the employee’s CPF contributions and personal income tax. Employer’s CPF contributions, bonuses, stock options, overtime payments, commissions, fixed allowances, other regular cash payments, lump sum payments, and payments-in-kind are excluded.

7. Gross monthly salary pertains only to full-time permanently employed graduates. It comprises basic salary, overtime payments, commissions, fixed allowances and other regular cash payments, before deductions of the employee’s CPF contributions and personal income tax. Employer’s CPF contributions, bonuses, stock options, lump sum payments, and payments-in-kind are excluded.

8. Data on Architecture and Sustainable Design graduates are obtained from a follow-up survey on 2019 Architecture and Sustainable Design graduates after they have completed their practical training.