SMU’s class of 2022 scored in the job market

The top three industries of employment for SMU graduates were financial and insurance, information & communication, and legal, accounting and auditing. PHOTO: ST FILE
  • 95.1 per cent of fresh graduates from the 2022 cohort employed within six months of final examinations
  • 68.3 per cent were offered full-time permanent jobs before graduation
  • Graduates across all six schools enjoyed higher starting salaries
  • Mean and median gross monthly salaries at $4,896 and $4,500 respectively, are at an all-time high

SINGAPORE - Singapore Management University’s (SMU) graduating class of 2022 have registered healthy and stable overall employment, with 95.1 per cent of them employed and commanding good starting salaries across all six of the university’s degree programmes.

The results were revealed in the annual Joint Autonomous Universities Graduate Employment Survey, jointly conducted by SMU and the other autonomous universities.

Of the 95.1 per cent of SMU students who had found a job within six months of completing their final examinations, 89.5 per cent were in full-time employment, a 2.4 per cent point increase from 2021.

Other significant findings – 68.3 per cent of fresh graduates were offered full-time permanent jobs before graduation. Among those who were on full-time permanent employment, more than half (55.9 per cent) were offered employment through internships, which are compulsory, for SMU undergraduates.

Both the mean and median gross monthly salaries increased in 2022. The mean gross monthly salary of SMU graduates in full-time permanent jobs was $4,896 in 2022, an increase over the previous year’s salary of $4,358.

The median gross monthly salary of graduates in full-time permanent employment is $4,500 in 2022, up from $4,000 in 2021.

The top three industries of employment for SMU graduates were financial and insurance, information & communication, and legal, accounting and auditing.

SMU provost, Professor Timothy Clark, said: “Despite slower economic growth in 2022, we are delighted to see that SMU graduates are very much in demand, with the great majority gainfully employed with good starting salaries.

“This is an acknowledgment of the appropriate marketplace readiness of our students honed by SMU’s robust and holistic broad-based academic and co-curricular programmes that nurture the values and soft skills much desired at the workplace. Compulsory global exposure, community service, and mandatory internships, which graduates complete an average of 2.7 during their studies, all contribute workplace relevance to students’ applied learning.”

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