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Nus, ntu executive mba graduates earn up to 9 times more than average s'poreans
An honorable member of the Coffee Shop Has Just Posted the Following:
NUS, NTU EXECUTIVE MBA GRADUATES EARN UP TO 9 TIMES MORE THAN AVERAGE S'POREANS .node-article .field-name-link-line-above-tags{float: right;}.node-article .field-name-ad-box-in-article {float: left;margin: 15px 15px 10px 0;}.node-article .field-tags{clear: both;} Post date: 23 Oct 2014 - 12:09pm [photo credit: Today] Singapore universities rank among the top 10 in the Financial Times’s Executive MBA (EMBA) Ranking this year (2014). The National University of Singapore (NUS)’s joint-EMBA programme with the University of California, Los Angeles (UCLA) is ranked fourth this year, moving up one spot from last year. The Nanyang Technological University (NTU)’s Nanyang Business School EMBA programme is ranked eighth, moving up 5 spots from 13th last year. Another of NUS’s Business School's Asia-Pacific EMBA programme is also ranked at 18th. For the average salary three years after graduation (for the alumni graduating in 2010), UCLA-NUS EMBA received an annual salary of US$279,284 (S$355,900). Graduates from the Nanyang EMBA earned US$221,672. Interestingly, graduates from the 18th-ranked NUS Asia-Pacific EMBA earned a higher US$244,911 than their NTU counterparts. This means that the UCLA-NUS and Nanyang EMBA graduates saw salary growths of 78% and 71% respectively. In a press release from NTU, NTU President Professor Bertil Andersson said, “This ranking reflects the strong commitment by NTU’s professors to continually improve the quality education our students receive, looking through a global lens, to provide training that is relevant to boosting careers globally." On average, business graduates in Singapore earn a higher salary, according to the Graduate Employment Survey 2013. A Global Cost of Talent Index showed that undergraduates in Singapore expect to earn one of the lowest salaries (US$2,743 per month) among the developed countries. Also, the median income in Singapore, excluding employer CPF, is S$3,250. In contrast, NUS EMBA graduates are able to earn S$29,660, or 9 times more. In comparison, the gap between a master’s degree graduate and non-master’s degree graduate holder in other developed countries is lower. A master’s graduate in Singapore can expect to earn similarly to an American counterpart but American and Swiss undergraduates expect to receive salaries 1.5 and 2.5 times higher, respectively, than their Singaporean counterparts. NTU's press release also states that the students at NTU’s Nanyang EMBA also comes from an international mix where “International students from about 15 countries across Asia, Europe and Africa, including China, France and Nigeria, make up about 70 per cent of the 70 to 80 participants that the Nanyang EMBA accepts each year. The programme, taught by internationally diverse faculty, is offered in either English for international students or Chinese language for Chinese students.” Earlier this year, the Ministry for Education revealed that “tuition grants for international students total about $210 million per year”. The Financial Times conduct the EMBA ranking every year to evaluate the EMBA programmes offered by the top 100 business schools from around the world. Click here to view the whole thread at www.sammyboy.com. |
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