What are the popular majors in Singapore? Bachelor of Computer Science (Information Systems). Bachelor of Computer Science (Computer Science). Bachelor of Engineering (Computer). Bachelor of Arts (Architecture). Bachelor of Science (Pharmacy) (Hons). Bachelor of Engineering (Science Engineering). Bachelor of Engineering (Electrical). Bachelor of Laws (LLB) (Honours). Bachelor of Science (Nursing) (Hons). Bachelor of Science (Real Estate). Bachelor of Business Administration (Honours)? Key findings

For NUS graduates, bachelor’s degrees related to computing and engineering tend to have the highest return on investment in tuition fees upon graduation. Music, arts and science bachelor's degrees have the lowest return on tuition investment. Doctors and dentists tend to have a low return on investment in tuition in terms of starting salaries, but this may mask the fact that their income streams are very stable over the long term compared to other professions. Earning an honors degree can increase a person's starting salary by almost 40% and their employment rate by about 10% compared to an ordinary degree in the same subject. What are the benefits of studying in Singapore?

Based on our calculations, we found that undergraduate courses related to computing, engineering, architecture, pharmacy and law tend to have the highest return on tuition investment immediately after graduation. In particular, LLBs have the second highest median monthly gross salary* and the fifth highest full-time employment rate. While both architecture and law require additional training after graduation, both programs produce good outcomes for their graduates once they begin working full-time. It’s also worth noting that Computing and Computer Engineering bachelor’s degrees occupy the top three spots in terms of return on tuition. The BA and BA (Hons) in Business Administration also have above-average ROI on tuition fees. ?Majors with the lowest return on tuition investment

On the other hand, we found that bachelor's degrees in literature, science, music, dentistry, and medicine tended to have the lowest return on investment in tuition, adjusted for employment rates. In particular, music degree holders earn a median gross monthly income of just S$3,250 and a part-time employment rate of 86%, despite having to pay annual tuition fees of S$110,000. On the other hand, degrees in medicine, surgery and dental surgery* tend to have a lower ROI as although they have a 100% full-time employment rate and tuition fees of S$4,000 to S$5,000, annual tuition fees are as high as S$27,400. Median monthly gross salary. However, this number may not adequately represent the true economics of a medical degree, given the stability of their long-term income stream. ?The effect of earning an honorary degree: Hard work pays off

Another interesting finding in this data set is that earning an honorary degree does seem to have an impact on a person’s ability to earn, both in terms of median wages and employment rates. real impact. On average, we found that an honors degree increased a person's employment-adjusted salary by 27% compared to a regular degree in the same major. This is particularly true for the BA and BBA, where earning an honors degree alone increases median wages by about 20% and employment rates by 12%. A bachelor's degree in nursing had the lowest impact. ?Farewell Thoughts

Of course, one's long-term return on investment in a degree depends largely on one's own ability, effort, success, and luck. However, this method of measuring short-term and immediate ROI is particularly relevant for students who take out study loans from banks to fund their higher education or those who simply need to maximize their earnings as quickly as possible relative to their costs. Additionally, while these ROI measures are not absolute, they do reflect the benefits a student or recent graduate can gain immediately after graduation compared to the cost of a degree. For example, a computer science major costs almost 1/3 of the cost of a medical degree but offers the opportunity to earn over S$100,000 in the first year of one's career. Medical law, on the other hand, costs 2-3 times more than other degrees, but doctors can certainly achieve six-figure incomes later in their careers with much more stability.