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Business grads are getting hired faster
Sumathi V Selvaretnam
Wed, May 28, 2008
The Straits Times

BUSINESS school students are highly sought after by the financial sector - nine in ten of them are snapped up even before they graduate.

Of the 1,232 students who graduated from the Nanyang Business School (NBS) at the Nanyang Technological University (NTU) last year, 90 per cent secured a job months before graduation.

According to the latest NTU graduate employment survey released on Monday, its business students were hired in fields such as auditing, accounting, investment banking and consulting.

Over at the National University of Singapore's Business School, eight out of ten of its 2007 graduates got a job before they left school, according to its employment survey results released on Monday.

Citibank, UBS and KPMG are some of the big companies which are hiring students as early as six months before they are due to finish school.

Over the past three years, business and business-related courses like accountancy and economics have been top choices for A-level and polytechnic students heading to university.

But students pursuing non-business related courses have reason to rejoice too.

NTU's survey showed that its 2007 batch of 4,847 graduates drew a starting salary of $2,900 - 7.8 per cent more than the $2,690 which their seniors from the previous year took home.

The top 130 earners received paychecks from $4,000 to $10,000.

The mean starting salary of the 2007 cohort of 328 NUS business students went up by 13.6 per cent to $3,079.

About 36 of its top earners received salaries of between $4,000 and $10,800.

 

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