NUS, SMU, NTU, SUTD, SIT & SUSS: Complete Guide to Local University Course Fees and Starting Salaries for Fresh Graduate

Comprehensive Guide to Singapore’s University Fees & Fresh Graduate Salaries (2024/2025 Update)

In Singapore, the cost of higher education varies widely depending on the university and program you choose. Tuition fees for local universities can range from $25,000 to $170,000 for an undergraduate degree. This investment often raises questions about the potential return, specifically in terms of starting salaries post-graduation. For many, this choice isn’t just about passion; it’s a calculated step toward a promising career.

For example, in 2023, law graduates from the National University of Singapore (NUS) and Singapore Management University (SMU) reached the highest gross median starting salary among local universities, earning around $7,000 monthly. Below, we’ll explore the estimated tuition fees and starting salaries for graduates across various programs at Singapore’s six local universities: NUS, Nanyang Technological University (NTU), SMU, Singapore University of Technology and Design (SUTD), Singapore Institute of Technology (SIT), and Singapore University of Social Sciences (SUSS).

Key Information About University Fees and Starting Salaries

The following data is derived from the 2023 Graduate Employment Survey (GES) and provides insights into median monthly starting salaries for graduates employed in full-time positions. Note that these figures exclude bonuses or additional compensation and assume a standard course duration. Students who extend their studies beyond the typical timeframe may incur higher fees.

What This Means for Your Career Choices

While courses in fields like law, computing, and business tend to command higher starting salaries, other factors such as career trajectory, passion, and market demand should also play into your decision. For instance, while NUS’s Bachelor of Dentistry program costs over $120,000, its graduates don’t necessarily earn more than those who complete a more affordable computing degree with a strong market demand.

Ultimately, these figures serve as a guide for aspiring students to align their education investments with their career goals. While a prestigious degree might open doors, careful consideration of your personal interests, career path, and job market trends can help maximize your investment in higher education.

​For the most current updates, consult each university’s official tuition and employment data sources.

Key Information About University Fees and Starting Salaries

The following data is derived from the 2023 Graduate Employment Survey (GES) and provides insights into median monthly starting salaries for graduates employed in full-time positions. Note that these figures exclude bonuses or additional compensation and assume a standard course duration. Students who extend their studies beyond the typical timeframe may incur higher fees.

What This Means for Your Career Choices

While courses in fields like law, computing, and business tend to command higher starting salaries, other factors such as career trajectory, passion, and market demand should also play into your decision. For instance, while NUS’s Bachelor of Dentistry program costs over $120,000, its graduates don’t necessarily earn more than those who complete a more affordable computing degree with a strong market demand.

Ultimately, these figures serve as a guide for aspiring students to align their education investments with their career goals. While a prestigious degree might open doors, careful consideration of your personal interests, career path, and job market trends can help maximize your investment in higher education.

​For the most current updates, consult each university’s official tuition and employment data sources.

Shaun

Founder

With over a decade of expertise spanning investment advisory, investment banking analysis, oil trading, and financial advisory roles, RealisedGains is committed to empowering retail investors to achieve lasting financial well-being. By delivering meticulously curated investment insights and educational programs, RealisedGains equips individuals with the knowledge and tools to make sophisticated, informed financial decisions.

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Founder, Analyst

With over a decade of expertise spanning investment advisory, investment banking analysis, oil trading, and financial advisory roles, RealisedGains is committed to empowering retail investors to achieve lasting financial well-being. By delivering meticulously curated investment insights and educational programs, RealisedGains equips individuals with the knowledge and tools to make sophisticated, informed financial decisions.

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