logo
Less than 75% of fresh graduates from private institutions secure jobs within 6 months

Less than 75% of fresh graduates from private institutions secure jobs within 6 months

Business Times26-05-2025

[SINGAPORE] Fewer than three in four fresh graduates from private education institutions found employment within six months of graduation, based on the Private Education Institution (PEI) Graduate Employment Survey 2023/2024 released by SkillsFuture Singapore (SSG) on Monday (May 26).
The survey was conducted between November 2024 and March 2025, and received responses from about 3,500 graduates across 27 PEIs, out of which about 2,300 were in the labour force.
About 74.8 per cent of the 2,300 fresh graduates secured employment within six months of graduation. This was a dip from 83.2 per cent for the 2022/2023 cohort, reflecting weaker overall hiring demand as compared to previous years.
In particular, 46.4 per cent found full-time permanent employment, 24.2 per cent found part-time or temporary employment, and 4.2 per cent took on freelance work.
However, the median gross monthly salary of PEI fresh graduates in full-time permanent employment from the 2023/2024 cohort rose to S$3,500, an increase from S$3,400 in the previous year.
Graduates from the engineering, sciences and business course clusters had the highest percentages of graduates in full-time permanent employment.
Meanwhile, the information and digital technologies course cluster reflected the highest median gross monthly salary in 2024.
In Budget 2025, workforce support measures were introduced to help workers, including fresh graduates, navigate the uncertain economic landscape. This is intended to support individuals in their continual skills development, where PEI graduates can tap SSG's and Workforce Singapore's resources such as the Jobs-Skills portal for insights on in-demand and emerging skills.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

As US tightens visa rules, Chinese students may turn to Malaysia
As US tightens visa rules, Chinese students may turn to Malaysia

Straits Times

time4 hours ago

  • Straits Times

As US tightens visa rules, Chinese students may turn to Malaysia

(From left) Chinese students Mr Li, Mr Pei and Ms Lou at the USM campus in Penang. PHOTO: THE STAR/ASIA NEWS NETWORK As US tightens visa rules, Chinese students may turn to Malaysia GEORGE TOWN, Penang - President Donald Trump's order to tighten visa rules in the United States for students from China may benefit universities in Malaysia. Mr Pei Qi, a 42-year-old English teacher from China who is pursuing a postgraduate degree at Universiti Sains Malaysia (USM), said he has noticed more of his students in China considering Malaysia over the US. 'Many of my students who initially planned to go to the US are now considering Malaysia for further studies. 'One of them gave up on her US application because of visa delays and uncertainty, and then applied to Monash University Malaysia and USM,' he said. Mr Pei said that the student and her mother visited Penang and were drawn to the island's safety, lifestyle and international feel. 'They were worried about whether they could get into a public university here, but the affordability and global rankings of Malaysian institutions have prompted them to apply,' he said, adding that Malaysia's strong ties with China is an important factor. 'Malaysia takes education seriously. I see effort going into improving curriculum, research and global rankings,' Mr Pei added. He recalled seeing China's content creators on Douyin (China's version of TikTok) mentioning that Malaysia has become the seventh most popular study abroad destination for students from China. Mr Pei said the United States' new policy against students from China had affected the global standing of the US. 'I see real, long-term damage to America's reputation as the world's leader,' he said. 'The global landscape has changed. The US is no longer the only option for high-quality, English-medium education. 'It's sad to lose access to the US, but it's not the end of the road.' First-year Bachelor of Arts in English student Lou Xiaoxiao, 20, said studying in the US is still a dream for many from her homeland. 'It's still the top choice for a lot of us because of its academic resources and reputation. At the moment, I can say Malaysia is more of an option,' she said. Ms Lou added that visa issues and parents' concerns about global tensions do play a role and more families are looking at safety and cost when making decisions. She feels that China's families are prioritising 'cost-effectiveness' and 'a sense of security' in their decision-making regarding their children's studies overseas. Another student, Mr Li Hehe, 25, said despite the visa crackdown, he felt most Chinese families still hope to send their children to the US, believing strongly in the value of an American education. 'I've worked in the study abroad consultancy field. Students and parents who choose the US believe in it deeply. 'Even though the US might be the most expensive option, the choice of the US often reflects a serious commitment,' said Mr Li, who is in his final year of a Bachelor's degree in urban and regional planning at USM. On May 28, US Secretary of State Marco Rubio confirmed that some Chinese students would have their visas revoked, especially those studying in sensitive fields or linked to the Chinese Communist Party. China is the second-largest source of international students in the US after India. More than 270,000 students from China enrolled in American institutions in the 2023–2024 academic year, about a quarter of all international students there. USM lecturer Dr Kamaruzzaman Abdul Manan, from the School of Communication, said Malaysian universities should seize the opportunity. 'China sends more students abroad than any other country. Even a 10% to 15% drop in those heading to the US means thousands will look for other destinations,' he said. He added that Malaysia's strong education system and position in Asean made it an ideal choice for students from China. 'Having more students from China can raise a university's profile, attract funding and increase global partnerships,' he said. THE STAR/ASIA NEWS NETWORK Join ST's Telegram channel and get the latest breaking news delivered to you.

Fewer private university grads find full-time jobs in 2024, compared to 2023, Singapore News
Fewer private university grads find full-time jobs in 2024, compared to 2023, Singapore News

AsiaOne

time28-05-2025

  • AsiaOne

Fewer private university grads find full-time jobs in 2024, compared to 2023, Singapore News

Fewer private university graduates found full-time jobs within six months of graduating in 2024 than in the previous year. According to the 2024 Private Education Institution Graduate Employment Survey, 74.8 per cent of 2,300 fresh graduates from private education institutions (PEIs) in the labour force found permanent, freelance or part-time jobs within six months of graduating, a decrease from 83.2 per cent in 2023. Less than half or 46.4 per cent of them found full-time work within six months in 2024 as compared to 58.7 per cent in 2023. The survey results, which were released by SkillsFuture Singapore on Tuesday (May 26), also showed that more PEI graduates were in part-time or temporary jobs (24.2 per cent, up from 18.9 per cent in 2023), while fewer took on freelance work (4.2 per cent, down from 5.7 per cent in 2023) within the same period. A total of 3,500 graduates across 27 PEIs took part in the survey. The statistics appear to signal a weaker overall hiring demand than previous years amid slowing economic growth. However, the median gross monthly salaries of those in full-time work were found to have risen to $3,500 in 2024, from $3,400 in 2023. Graduates from the Parkway College of Nursing and Allied Health as well as ERC Institute, which offers degree courses in business and technology among others, took home the highest pay with a median gross monthly salary of $4,000, followed by graduates from the Singapore Institute of Management who earned a median salary of $3,600. A graduating student from Curtin University, who wished to be known as Heng, told AsiaOne that she was able to secure a job in February, within a month of finishing her classes. "I do feel glad I managed to secure my job that soon, but I realise it is more important to source for jobs which are aligned with my goals and needs as well," she said. Heng stated that her starting pay was around the median salary of $3,281 for graduates from her university, but declined to reveal the exact number. The 23-year-old, who studied Accounting and Finance, eventually left her first full-time job as an accountant at a local firm after two months, as she felt it was not aligned with her learning and development goals. She then pivoted to working as a financial advisor at the insurance arm of a bank. The private education survey, conducted between November 2024 and March 2025, recorded responses from about 3,500 fresh graduates of full-time bachelor's degree programmes across 27 private institutions, including James Cook University, PSB Academy and Management Development Institute of Singapore. The poll findings focused on employment outcomes of those who graduated between May 2023 and April 2024 from full-time bachelor's-level external degree programmes. The survey also found that those from information and digital technologies commanded the highest median gross monthly salary at $4,080, followed by humanities and social sciences at $3,500. Graduates from engineering courses in private institutions had the highest proportion in full-time permanent jobs at 55.3 per cent, followed closely by those in the sciences, at 51.8 per cent. Out of the survey respondents, 28.3 per cent were either unemployed and looking for jobs, or in involuntary part-time or temporary employment. [[nid:714878]]

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store