{"id":34203,"date":"2025-02-24T13:23:00","date_gmt":"2025-02-24T13:23:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4625396_AE25396_0"},"modified":"2025-02-24T13:23:00","modified_gmt":"2025-02-24T13:23:00","slug":"smu-graduates-remain-highly-employable-amid-changing-job-market","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=34203","title":{"rendered":"SMU GRADUATES REMAIN HIGHLY EMPLOYABLE AMID CHANGING JOB MARKET"},"content":{"rendered":"<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2214752\/Singapore_Management_University_Logo.jpg?p=medium600\" border=\"0\" alt title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"prntac\"><i>Higher Salaries, Strong Internship-to-Employment Pipeline, and Industry Demand Drive Graduate Success<\/i><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SINGAPORE<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Feb. 24, 2025<\/span><\/span> \/PRNewswire\/ &#8212; The latest Graduate Employment Survey (GES) 2024 underscores <span class=\"xn-org\">Singapore Management University&#8217;s<\/span> (<span class=\"xn-org\">SMU<\/span>) enduring appeal to employers, amidst lower hiring demand. With an <b>89.8% overall employment rate<\/b>, <span class=\"xn-org\">SMU<\/span> graduates remain in high demand, with their salaries continuing an upward trajectory across key industries.&nbsp;The results were revealed in the annual <b>Joint Autonomous Universities Graduate Employment Survey&nbsp;(JAUGES)<\/b>, jointly conducted by <span class=\"xn-org\">SMU<\/span> and the other Autonomous Universities.&nbsp;Of the <b>2,300-strong graduating cohort<\/b>, <b>1,742 students (75.7%)<\/b> participated in the survey, offering a snapshot of employment trends that reflect both resilience and adaptation in an evolving economic landscape.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\" readability=\"7\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2625998\/smu_students_high_employment_Graduate_employment_survey2024.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2625998\/smu_students_high_employment_Graduate_employment_survey2024.jpg?p=medium600\" title=\"SMU GRADUATES REMAIN HIGHLY EMPLOYABLE_GES2024\" alt=\"SMU GRADUATES REMAIN HIGHLY EMPLOYABLE_GES2024\"> <\/a> <br \/><span>SMU GRADUATES REMAIN HIGHLY EMPLOYABLE_GES2024<\/span><\/p>\n<\/p><\/div>\n<p><b>Strong Graduate Employability<\/b><\/p>\n<p><span class=\"xn-org\">SMU<\/span> continues to achieve strong overall employment rates (89.8%) and full-time permanent employment rates (83.4%).<\/p>\n<p><b>Graduates Command Higher Salaries<\/b><\/p>\n<p><span class=\"xn-org\">SMU<\/span> graduates are also commanding higher wages, with the average gross monthly salary rising to <span class=\"xn-money\">$5,057<\/span>, a 3.4% increase from last year. The median gross salary of <span class=\"xn-org\">SMU<\/span> graduates also increased from <span class=\"xn-money\">$4,500<\/span> to <span class=\"xn-money\">$4,600<\/span> (see<span id=\"spanHghlt97f3\"> <a href=\"https:\/\/mma.prnewswire.com\/media\/2626035\/ANNEX_A_Web_Publication_SMU_GES_2024__final.pdf\" target=\"_blank\" rel=\"nofollow noopener\">Annex A<\/a><\/span> for more details)<\/p>\n<p><b>Internships Cement Career Pathways<\/b><\/p>\n<p>A hallmark of <span class=\"xn-org\">SMU&#8217;s<\/span> industry-centric education, the university&#8217;s <b>mandatory internship programme<\/b> has played a pivotal role in preparing students for the workforce.<\/p>\n<ul type=\"disc\">\n<li><b>79.9% of graduates completed more than one internship<\/b>, with an average of <b>2.8 internships per student<\/b>, ensuring they enter the job market with real-world experience.<\/li>\n<li><b>31.6% of graduates who found full-time permanent employment had<\/b>&nbsp;secured roles at the companies they interned with, underscoring <span class=\"xn-org\">SMU&#8217;s<\/span> strong industry linkages.<\/li>\n<\/ul>\n<p><span class=\"xn-org\">SMU<\/span> graduates remain highly sought after in <b>Finance &amp; Insurance, Legal, Accounting &amp; Auditing, and Information &amp; Communication, <\/b>reflecting sustained employer demand across key industries. <b>More than 60% secured employment before graduation<\/b>, demonstrating the strong market confidence in <span class=\"xn-org\">SMU&#8217;s<\/span> talent pipeline and the university&#8217;s emphasis on <b>experiential learning<\/b> and industry-aligned education, where students are challenged to use their disciplinary knowledge to tackle real world issues through interdisciplinary approaches.<\/p>\n<p>Through collaborations within the <span class=\"xn-org\">SMU<\/span> community and with external stakeholders, opportunities are provided for students to establish valuable new contacts for securing future internships and\/or employment locally and globally.<\/p>\n<p><b>SMU Graduates Credit University for Personal and Professional Growth<\/b>&nbsp;98% of graduates reported that their time at <a href=\"https:\/\/mma.prnewswire.com\/media\/2626036\/JAUGES_2024_Media_Interviewee_List___SMU_final.pdf\" target=\"_blank\" rel=\"nofollow noopener\"><span id=\"spanHghltfc2b\"><span class=\"xn-org\">SMU<\/span> had a positive influence on their personal growth<\/span><\/a>. Beyond academics, <span class=\"xn-org\">SMU&#8217;s<\/span> distinctive education approach has equipped graduates with essential life and career skills. A strong 97.1% credited the university with enhancing their interpersonal and collaboration skills, while 97.5% felt they had significantly improved in communication and engagement. Additionally, 96% of graduates stated that <span class=\"xn-org\">SMU<\/span> had effectively prepared them with critical thinking capabilities and a strong sense of personal development ownership.<\/p>\n<p>These findings underscore <span class=\"xn-org\">SMU&#8217;s<\/span> commitment to developing well-rounded, future-ready leaders equipped to thrive in a rapidly evolving world.&nbsp;<\/p>\n<p><b><span class=\"xn-org\">SMU&#8217;s<\/span> Commitment to Future-Ready Education<\/b><\/p>\n<p><span class=\"xn-org\">SMU&#8217;s<\/span> high employment rates stem from its distinctive experiential learning model, which integrates academia with real-world application. The SMU-X programme connects students with industry leaders to tackle live business challenges, while its mandatory internships, community service and global exposure requirements ensure graduates develop adaptability, cross-cultural fluency, and a sense of social responsibility\u2014attributes highly valued in today&#8217;s evolving job market.<\/p>\n<p>SMU Provost, Professor <span class=\"xn-person\">Timothy Clark<\/span>, remarked: <i>&#8220;<span class=\"xn-org\">SMU&#8217;s<\/span> graduate success is no accident\u2014it is the result of an education model designed for relevance and lifelong impact. Our emphasis on interdisciplinary learning, experiential internships, and close industry collaboration ensures our graduates are not just job-ready, but future-ready. The strong employment outcomes reaffirm <span class=\"xn-org\">SMU&#8217;s<\/span> role as a university that produces <\/i><i>distinctive, adaptable, purpose-driven, high-calibre talent,<\/i><i> well-prepared to navigate a rapidly evolving global economy.&#8221;<\/i><\/p>\n<p>As <span class=\"xn-location\">Singapore<\/span> navigates a rapidly transforming economic landscape, <span class=\"xn-org\">SMU<\/span> remains committed to equipping students with the skills, agility, and industry experience to lead and succeed.<\/p>\n<p><b>About&nbsp;SMU&#8217;s Dato&#8217; Kho Hui Meng Career Centre (DKHMCC)<\/b><\/p>\n<p>DKHMCC offers a range of comprehensive services, programmes, and resources for <span class=\"xn-org\">SMU<\/span> students to chart their career directions and empowers them with the necessary skills to realise their potential and goals.<\/p>\n<p>Each student is assigned a <a href=\"https:\/\/careerservices.smu.edu.sg\/undergraduate\/career-planning\" target=\"_blank\" rel=\"nofollow noopener\">career coach<\/a> upon matriculation to support him\/her in career planning through his\/her four-year journey at <span class=\"xn-org\">SMU<\/span>. These certified coaches from DKHMCC come from diverse backgrounds and are in tune with industry developments and trends. They administer personality\/career profiling tools, critique cover letters and resumes, facilitate job searches, and hone students&#8217; interview skills.<\/p>\n<p>In addition, DKHMCC offers a suite of internship readiness modules and career readiness workshops from the freshman year as part of <span class=\"xn-org\">SMU&#8217;s<\/span> pioneering Finishing Touch programme. The programme equips <span class=\"xn-org\">SMU<\/span> undergraduates with career planning and transferable skills, geared towards enhancing their employment prospects and fulfilling their career goals progressively throughout the four-year course of study. Every year, DKHMCC organises more than 400 events which include career and industry talks, employability clinics, career fairs, as well as networking events, for our students.<\/p>\n<p>Recognising the importance and value of having real-world and career-relevant work experience for its students, <span class=\"xn-org\">SMU<\/span> is the first university in <span class=\"xn-location\">Singapore<\/span> to make internships compulsory for all students. Students are provided opportunities via DKHMCC, which works closely with industry to ensure successful placements in internships and jobs. The DKHMCC&#8217;s close and regular contact with employers is vital in helping <span class=\"xn-org\">SMU<\/span> students be market-relevant and career-ready. Students also have access to a 24\/7 web-based portal (OnTRAC) to search for internships and career opportunities.<\/p>\n<p>DKHMCC also continues to support graduates up to three years after their graduation, with continued access to the jobs portal, employability clinics and personalised assistance by individual career coaches, should they require further guidance.<\/p>\n<p><b>About <span class=\"xn-org\">SMU<\/span><\/b><\/p>\n<p>A premier university in <span class=\"xn-location\">Asia<\/span>, <span class=\"xn-org\">SMU<\/span> is internationally recognised for its world-class research and distinguished teaching. Established in 2000, <span class=\"xn-org\">SMU&#8217;s<\/span> mission is to generate leading-edge research with global impact and to produce broad-based, creative, and entrepreneurial leaders for the knowledge-based economy. <span class=\"xn-org\">SMU&#8217;s<\/span> education is known for its highly interactive, collaborative, and project-based approach to learning.<\/p>\n<p>Home to over 13,000 students across undergraduate, postgraduate professional and postgraduate research programmes, <span class=\"xn-org\">SMU<\/span> comprises eight schools: School of Accountancy, Lee Kong Chian School of Business, School of Economics, School of Computing and Information Systems, <span class=\"xn-person\">Yong Pung How School<\/span> of Law, School of Social Sciences, College of Integrative Studies, and College of Graduate Research Studies. <span class=\"xn-org\">SMU<\/span> offers a wide range of bachelors&#8217;, masters&#8217;, and PhD degree programmes in the disciplinary areas associated with its schools, as well as in multidisciplinary combinations of these areas.<\/p>\n<p><span class=\"xn-org\">SMU<\/span> emphasises rigorous, high-impact, multi- and interdisciplinary research that addresses Asian issues of global relevance. <span class=\"xn-org\">SMU<\/span> faculty members collaborate with leading international researchers and universities around the world, as well as with partners in the business community and public sector. <span class=\"xn-org\">SMU&#8217;s<\/span> city campus is a modern facility located in the heart of downtown <span class=\"xn-location\">Singapore<\/span>, fostering strategic linkages with business, government, and the wider community. <a href=\"\/\/10.86.178.52\/C$\/Users\/plhuang\/Downloads\/www.smu.edu.sg\" target=\"_blank\" rel=\"nofollow noopener\">www.smu.edu.sg<\/a><\/p>\n<p><span class=\"xn-org\">SMU<\/span> celebrates its 25 years of meaningful impact this year, and remains committed to its vision of driving innovation, transcending boundaries and transforming lives.<\/p>\n<p><b>ANNEX&nbsp;<\/b><\/p>\n<p><b><span class=\"xn-org\">SMU&#8217;s<\/span> 2024 graduates across all eight of the University degree programmes enjoyed competitive monthly salaries<\/b><\/p>\n<p><b>Computer Science<\/b> graduates earned a mean gross monthly salary of <span class=\"xn-money\">$6,245<\/span>, as compared to the 2023 cohort&#8217;s <span class=\"xn-money\">$6,120<\/span>. The median gross monthly salary is <span class=\"xn-money\">$6,000<\/span> as compared to <span class=\"xn-money\">$5,800<\/span> in 2023. Those with Cum Laude or better earned a higher median gross monthly salary of <span class=\"xn-money\">$6,400<\/span> as compared to <span class=\"xn-money\">$6,250<\/span>.<\/p>\n<p><b>Economics <\/b>graduates earned a mean gross monthly salary of <span class=\"xn-money\">$5,069<\/span>, up from <span class=\"xn-money\">$4,937<\/span> in 2023. The median gross monthly salary was <span class=\"xn-money\">$4,753<\/span>, an increase from <span class=\"xn-money\">$4,500<\/span> in 2023. Those with <i>Cum Laude <\/i>or better earned a mean gross monthly salary of <span class=\"xn-money\">$5,523<\/span>, while the median gross monthly salary was <span class=\"xn-money\">$5,000<\/span>, an increase in the previous year&#8217;s <span class=\"xn-money\">$4,833<\/span>.<\/p>\n<p><b>Business Management <\/b>graduates earned a mean gross monthly salary of <span class=\"xn-money\">$5,007<\/span>, as compared to last year&#8217;s <span class=\"xn-money\">$4,795<\/span>. The median gross monthly salary was <span class=\"xn-money\">$4,500<\/span>, up from <span class=\"xn-money\">$4,436<\/span> in 2023. Those with <i>Cum Laude <\/i>or better earned a higher mean gross monthly salary of <span class=\"xn-money\">$5,323<\/span>, while the median gross monthly salary was <span class=\"xn-money\">$4,825<\/span>.<\/p>\n<p><b>Accountancy <\/b>graduates earned a mean gross monthly salary of <span class=\"xn-money\">$4,755<\/span> as compared to <span class=\"xn-money\">$4,463<\/span> in 2023. The median gross monthly salary is <span class=\"xn-money\">$4,350<\/span>, up from <span class=\"xn-money\">$3,900<\/span> in 2023. Those with <i>Cum Laude <\/i>or better earned a mean gross monthly salary of <span class=\"xn-money\">$5,074<\/span> while the median gross monthly salary was <span class=\"xn-money\">$4,500<\/span>.<\/p>\n<p><b>Social Sciences <\/b>graduates earned a mean gross monthly salary of <span class=\"xn-money\">$4,553<\/span> as compared to <span class=\"xn-money\">$4,330<\/span> in 2023. The median gross monthly salary is <span class=\"xn-money\">$4,334<\/span>, an increase from last year&#8217;s <span class=\"xn-money\">$4,000<\/span>. Those with <i>Cum Laude <\/i>or better earned a mean gross monthly salary of <span class=\"xn-money\">$4,823<\/span>, higher than last year&#8217;s <span class=\"xn-money\">$4,547<\/span>. The median gross monthly salary was <span class=\"xn-money\">$4,500<\/span>.<\/p>\n<p><b>Information Systems <\/b>graduates earned a mean gross monthly salary of <span class=\"xn-money\">$5,362<\/span>, as compared to the 2023 cohort&#8217;s <span class=\"xn-money\">$5,530<\/span>. The median gross monthly salary is <span class=\"xn-money\">$5,000<\/span>. Those with Cum Laude or better earned a mean gross monthly salary of <span class=\"xn-money\">$5,954<\/span> and a median gross monthly salary of <span class=\"xn-money\">$5,549<\/span>.<\/p>\n<p>The follow-up survey<sup>[1]<\/sup> on <span class=\"xn-org\">SMU<\/span> <b>Law <\/b>graduates showed that overall employment rate stood at 97.6%. The mean and median gross monthly salaries of Law graduates in full-time permanent employment were <span class=\"xn-money\">$6,585<\/span> and <span class=\"xn-money\">$7,000<\/span> respectively. Those who attained a <i>Cum Laude <\/i>and above had a mean gross monthly salary of <span class=\"xn-money\">$6,775<\/span> and median gross monthly salary of <span class=\"xn-money\">$7,000<\/span>.<\/p>\n<p><i>Please refer to <span id=\"spanHghltcc54\">attached<\/span> <span id=\"spanHghlta5a8\">table ANNEX A <\/span>for the detailed figures<\/i>.<\/p>\n<p><b>Explanatory Note: <i>Cum Laude <\/i>and Merit Awards&nbsp;<\/b><\/p>\n<p><span class=\"xn-org\">SMU<\/span> uses the cumulative Grade Point Average (GPA) criteria to identify degree candidates with academic excellence in the following award categories: <i>Summa Cum Laude<\/i>, <i>Magna Cum Laude <\/i>and <i>Cum Laude<\/i>. These are Latin awards adopted from the American system, and can be translated as with Highest Distinction, with High Distinction and with Distinction, respectively.<\/p>\n<p>They do not equate to the various classes of degree honours conferred by universities that follow the British system of academic honours. A graduate needs a GPA of at least 3.40 out of 4.00 to be awarded <i>Cum Laude<\/i>. All <span class=\"xn-org\">SMU<\/span> bachelor degrees are four-year full-time programmes.<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\">\n<tbody>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Cumulative GPA <\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><b>Awards <\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">\u2265 3.80 <\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Summa Cum Laude <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">3.60 to 3.79 <\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Magna Cum Laude <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">3.40 to 3.59 <\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Cum Laude <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">3.20 to 3.39 <\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">High Merit <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">3.00 to 3.19 <\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Merit <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\">\n<tbody readability=\"2\">\n<tr readability=\"6\">\n<td class=\"prnpr2 prnpl2 prnsbtb0 prnrbrb0 prnsbbb0 prnsblb0\" colspan=\"1\" rowspan=\"1\" readability=\"7\">\n<p class=\"prnml4\"><span class=\"prnews_span\">[1]&nbsp;SMU&#8217;s <b>Law <\/b>graduates Class of 2023 were surveyed in JAUGES 2024 to allow for those who choose to continue with pupillage in the first six months after their graduation to complete their practical training.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Higher Salaries, Strong Internship-to-Employment Pipeline, and Industry Demand Drive Graduate Success SINGAPORE, Feb. 24, 2025 \/PRNewswire\/ &#8212; The latest Graduate Employment Survey (GES) 2024 underscores Singapore Management University&#8217;s (SMU) enduring appeal to employers, amidst lower hiring demand. With an 89.8% overall employment rate, SMU graduates remain in high demand, with their salaries continuing an upward [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":34204,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-34203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SMU GRADUATES REMAIN HIGHLY EMPLOYABLE AMID CHANGING JOB MARKET - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=34203\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SMU GRADUATES REMAIN HIGHLY EMPLOYABLE AMID CHANGING JOB MARKET - My Blog\" \/>\n<meta property=\"og:description\" content=\"Higher Salaries, Strong Internship-to-Employment Pipeline, and Industry Demand Drive Graduate Success SINGAPORE, Feb. 24, 2025 \/PRNewswire\/ &#8212; The latest Graduate Employment Survey (GES) 2024 underscores Singapore Management University&#8217;s (SMU) enduring appeal to employers, amidst lower hiring demand. 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