What is the average salary of a MSc(Master) degree holder

[prembind]

I recently got offer for MSc in system engineering and project management in NTU , I just wanna know what is the average salary and job prospectus for expatriates in Singapore ... whether graduate professional get after doing this course get employment or not?? At present I am working professional in oil and gas govern sector having an experience of 5 yrs as mechanical technical engineer . Based on my profile after completing the course, how tough is for me to get the job

[Wd40]

I think, if anything, you will be valued on the basis of your 5 yrs of prior experience and not on the basis of the MSc Degree.

If you are coming here to do your MSc to land a job, please dont come. Singapore is different from UK or US.

People who do a higher degree in the UK or US, get some higher priority compared to outsiders, because its is big thing to get to the US or UK and be able to look for jobs. The US has extra seats in H1B for masters degree in the US so there is an advantage and I guess there is campus recruitment and stuff. UK used to give a 2 year work visa to people who do masters degree in UK, but now they have stopped, so I guess its not that easy now.

In Singapore, it doesnt matter so much whether you are Singapore or in India and just getting a master degree in Singapore gives you no extra weightage. Also the course you mentioned, I dont think there is high demand or any kind of campus recruiting. So dont waste your money. Go to a better country.

Another reason why I will never ever do a masters here is the wages here are so low, atleast in the UK, US, Canada or Australia, you can work part time as a waiter or in department store and paid well to cover your fees. In Singapore, you are paid peanuts.

[prembind]

I think, if anything, you will be valued on the basis of your 5 yrs of prior experience and not on the basis of the MSc Degree.

If you are coming here to do your MSc to land a job, please dont come. Singapore is different from UK or US.

People who do a higher degree in the UK or US, get some higher priority compared to outsiders, because its is big thing to get to the US or UK and be able to look for jobs. The US has extra seats in H1B for masters degree in the US so there is an advantage and I guess there is campus recruitment and stuff. UK used to give a 2 year work visa to people who do masters degree in UK, but now they have stopped, so I guess its not that easy now.

In Singapore, it doesnt matter so much whether you are Singapore or in India and just getting a master degree in Singapore gives you no extra weightage. Also the course you mentioned, I dont think there is high demand or any kind of campus recruiting. So dont waste your money. Go to a better country.

Another reason why I will never ever do a masters here is the wages here are so low, atleast in the UK, US, Canada or Australia, you can work part time as a waiter or in department store and paid well to cover your fees. In Singapore, you are paid peanuts.

thank you for the reply , by the way what is the average salary for master degree holder

[Wd40]

I think, if anything, you will be valued on the basis of your 5 yrs of prior experience and not on the basis of the MSc Degree.

If you are coming here to do your MSc to land a job, please dont come. Singapore is different from UK or US.

People who do a higher degree in the UK or US, get some higher priority compared to outsiders, because its is big thing to get to the US or UK and be able to look for jobs. The US has extra seats in H1B for masters degree in the US so there is an advantage and I guess there is campus recruitment and stuff. UK used to give a 2 year work visa to people who do masters degree in UK, but now they have stopped, so I guess its not that easy now.

In Singapore, it doesnt matter so much whether you are Singapore or in India and just getting a master degree in Singapore gives you no extra weightage. Also the course you mentioned, I dont think there is high demand or any kind of campus recruiting. So dont waste your money. Go to a better country.

Another reason why I will never ever do a masters here is the wages here are so low, atleast in the UK, US, Canada or Australia, you can work part time as a waiter or in department store and paid well to cover your fees. In Singapore, you are paid peanuts.

thank you for the reply , by the way what is the average salary for master degree holder

I dont think there is any salary survey done specifically for master degree holder. In Singapore, 1st of all, its very tough if not impossible to get a work visa for freshers. Thats why I said your value will be your 5 years of prior experience.

So you can estimate the average salary. For local freshers, I dont think they can get more than 3k a month.

Frankly speaking, Singapore is not the country that I will put my money to come here. If someone is giving me money to come here, I will come.
In the past, it was different, people who did masters here, they used to get jobs and PR, but now, neither of them is guaranteed.

[prembind]

I think, if anything, you will be valued on the basis of your 5 yrs of prior experience and not on the basis of the MSc Degree.

If you are coming here to do your MSc to land a job, please dont come. Singapore is different from UK or US.

People who do a higher degree in the UK or US, get some higher priority compared to outsiders, because its is big thing to get to the US or UK and be able to look for jobs. The US has extra seats in H1B for masters degree in the US so there is an advantage and I guess there is campus recruitment and stuff. UK used to give a 2 year work visa to people who do masters degree in UK, but now they have stopped, so I guess its not that easy now.

In Singapore, it doesnt matter so much whether you are Singapore or in India and just getting a master degree in Singapore gives you no extra weightage. Also the course you mentioned, I dont think there is high demand or any kind of campus recruiting. So dont waste your money. Go to a better country.

Another reason why I will never ever do a masters here is the wages here are so low, atleast in the UK, US, Canada or Australia, you can work part time as a waiter or in department store and paid well to cover your fees. In Singapore, you are paid peanuts.

thank you for the reply , by the way what is the average salary for master degree holder

I dont think there is any salary survey done specifically for master degree holder. In Singapore, 1st of all, its very tough if not impossible to get a work visa for freshers. Thats why I said your value will be your 5 years of prior experience.

So you can estimate the average salary. For local freshers, I dont think they can get more than 3k a month.

As per Ministry of education scheme ... If A student register under MOE scheme with service obligation.. He/she has to work in singapore for three minimum years and ont only this cost of the education also reduce by a large extant .. here is the web address for ur reference ....
http://admissions.ntu.edu.sg/graduate/P ... ation.aspx

[Wd40]

thank you for the reply , by the way what is the average salary for master degree holder

I dont think there is any salary survey done specifically for master degree holder. In Singapore, 1st of all, its very tough if not impossible to get a work visa for freshers. Thats why I said your value will be your 5 years of prior experience.

So you can estimate the average salary. For local freshers, I dont think they can get more than 3k a month.

As per Ministry of education scheme ... If A student register under MOE scheme with service obligation.. He/she has to work in singapore for three minimum years and ont only this cost of the education also reduce by a large extant .. here is the web address for ur reference ....
http://admissions.ntu.edu.sg/graduate/P ... ation.aspx

That is true, but if you browse this forum, you will find lots of cases, where MoM will reject the visa and not allow you to work here. So you may have to end up paying the MOE the full fees.

I am not saying it is impossible to get a job, but you can do more research on this forum. Freshers it is very difficult to get visa and MoM doesnt care about the service obligation.

[prembind]

I dont think there is any salary survey done specifically for master degree holder. In Singapore, 1st of all, its very tough if not impossible to get a work visa for freshers. Thats why I said your value will be your 5 years of prior experience.

So you can estimate the average salary. For local freshers, I dont think they can get more than 3k a month.

As per Ministry of education scheme ... If A student register under MOE scheme with service obligation.. He/she has to work in singapore for three minimum years and ont only this cost of the education also reduce by a large extant .. here is the web address for ur reference ....
http://admissions.ntu.edu.sg/graduate/P ... ation.aspx

That is true, but if you browse this forum, you will find lots of cases, where MoM will reject the visa and not allow you to work here. So you may have to end up paying the MOE the full fees.

I am not saying it is impossible to get a job, but you can do more research on this forum. Freshers it is very difficult to get visa and MoM doesnt care about the service obligation.

From I got to know many imp thing ... But what i have told earlier nthat If a student get in to Three of the university ie NUS ,NTU , SMU they will surely get MOE and Work visa ... As per you it is not true !!! correct ?? If this is the truth then I have to re think over it again

[Strong Eagle]

thank you for the reply , by the way what is the average salary for master degree holder

I'm sorry, but this is a really dumb question. A teacher with a masters degree will not make very much money, no matter how much experience she has.

A strong performing sales person, working on commission could earn half a million dollars with only a few years experience.

While USA earnings surveys show that, in general, a masters degree holder will earn more money than a comparable bachelors degree holder, it is nonsense to assume that masters degree holders across all types of businesses and institutions earn some sort of "average".

You will earn what people think you are worth. Masters degrees in Singapore are a dime a dozen, and except for a new entry hire, most people couldn't care less whether you have a bachelors or a masters.

[Wd40]

As per Ministry of education scheme ... If A student register under MOE scheme with service obligation.. He/she has to work in singapore for three minimum years and ont only this cost of the education also reduce by a large extant .. here is the web address for ur reference ....
http://admissions.ntu.edu.sg/graduate/P ... ation.aspx

That is true, but if you browse this forum, you will find lots of cases, where MoM will reject the visa and not allow you to work here. So you may have to end up paying the MOE the full fees.

I am not saying it is impossible to get a job, but you can do more research on this forum. Freshers it is very difficult to get visa and MoM doesnt care about the service obligation.

From I got to know many imp thing ... But what i have told earlier nthat If a student get in to Three of the university ie NUS ,NTU , SMU they will surely get MOE and Work visa ... As per you it is not true !!! correct ?? If this is the truth then I have to re think over it again

Yeah, do re think well. The degree you mentioned, I know many people are also doing it part time while working in Singapore with the MoE grant.

Now working fulltime earning in Sing Dollars and doing the degree parttime with MoE grant, is like nothing to lose as long as you are planning to work in Singapore.

But your case, is quite risky, might as well spend more and do a proper MBA or something related to your field, without the MoE grant, you have better chances of making use of opportunity cost.