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The Ultimate Showdown: SG vs US vs UK University Graduate Salaries

23/05/2023•13 minute read
The Ultimate Showdown: SG vs US vs UK University Graduate Salaries

When it comes to determining post-university earnings, many factors come into play. However, the institution you attend can also have a significant impact. If you're a student trying to decide which university will give you the best return on investment, you're in the right place.

In this graduate salary guide, we'll be comparing the salaries of graduates from some of the top universities in Singapore, the United States of America and the United Kingdom. Additionally, we'll explore the salaries of popular professions in the three countries. Through this, you'll find valuable insights that can help you make an informed decision about where to pursue your degree. So, let's dive into the ultimate salary showdown and see which universities come out on top!

Comparison of graduate salaries in Singapore, the United States of America and the United Kingdom

SG university graduate salaries
SG Institution Salary (Per annum)
Singapore Management University (SMU)S$60,384
National University of Singapore (NUS)S$54,504
National Technological University (NTU)S$51,288
Singapore University of Social Sciences (SUSS)S$46,968

Numbers are sourced from dollarsandsense.com, averaged for each university, and then multiplied by 12 to represent the annual salary.

US university graduate salaries
US InstitutionSalary (Per annum)
Massachusetts Institute of TechnologyS$143,549
Stanford UniversityS$133,258
Harvard UniversityS$124,530
Princeton UniversityS$124,530
University of PennsylvaniaS$120,492
Columbia UniversityS$120,386
Dartmouth CollegeS$120,232
Yale UniversityS$119,971
University of California-BerkeleyS$118,408
Duke UniversityS$117,887
Cornell UniversityS$116,324
Brown UniversityS$114,529

Numbers are sourced from payscale.com and have been converted to SGD.

UK university graduate salaries
UK Institution Salary (Per annum)
University of OxfordS$84,081
University of CambridgeS$73,108
University College LondonS$69,977
Durham University S$66,267
London School of EconomicsS$64,184

Numbers are sourced from britannia-study.co.uk and have been converted to SGD.

Comparing salaries: popular professions
ProfessionSG salaryUS salaryUK salary
LawyerS$101,136S$121,071S$92,164
General PractitionerS$146,497S$185,567S$142,032
Data EngineerS$87,372S$166,558S$94,067
Data ScientistS$93,120S$159,629S$87,204
Cyber Security SpecialistS$80,700S$132,633S$82,726
Full Stack EngineerS$67,164S$162,841S$92,171
Financial AnalystS$61,848S$100,831S$67,170
JournalistS$57,876S$61,887S$53,963

Numbers are sourced from indeed.com and have been converted to SGD.

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Why does studying in the US pay off?

From the tables above, it's evident that graduates from top US universities (including the Ivy League schools) tend to earn more than their counterparts in Singapore and the United Kingdom. If you're considering studying in the US, here are some compelling reasons why it can be highly advantageous, particularly when it comes to potential post-graduation salaries:

Robust Job Market: The United States boasts a diverse and dynamic job market with abundant opportunities across various industries. This opens up a wide range of career prospects, increasing your chances of finding well-paying jobs in your chosen field.

Global Recognition: US universities are renowned worldwide for their academic excellence and prestige. Holding a degree from a reputable US institution can greatly enhance your credentials and unlock global employment opportunities.

Networking and Connections: Studying in the US provides a unique opportunity to build strong networks with peers, professors and professionals in your field of interest. These connections can prove invaluable for securing internships, job referrals and mentorship — ultimately leading to higher-paying job prospects.

Research and Innovation: US universities prioritise research and innovation — granting students access to state-of-the-art technologies, resources and research opportunities. Engaging in groundbreaking research can sharpen your skills and attract higher-paying job offers upon graduation.

Entrepreneurial Environment: The US fosters a thriving entrepreneurial culture, with numerous successful startups and innovative companies emerging from its universities. If you possess an entrepreneurial spirit, studying in the US exposes you to a supportive ecosystem that encourages and nurtures startups — increasing your chances of achieving financial success.

Why does studying in the UK pay off?

Here's why pursuing your education in the UK can pave the way to success:

Diverse Range of Courses: With a vast array of academic programs spanning various disciplines, the UK offers something for everyone. Whether your passion lies in humanities, sciences, business or the arts, you'll find abundant options to specialise in your desired field.

High-Quality Education: UK universities uphold rigorous academic standards and provide top-notch teaching. Your education will foster critical thinking, problem-solving, and practical skills — equipping you for the demands of the job market.

Strong Industry Connections: Many UK universities maintain close ties with industries and businesses, offering excellent networking and career prospects. Internships, work placements and collaborations with industry professionals can provide valuable insights, practical experience and access to potential employers.

Global Perspective: Studying in the UK means immersing yourself in a multicultural environment, alongside students from all corners of the globe. This exposure broadens your horizons, enhances your intercultural skills and equips you with valuable global perspectives that are highly sought after in the international job market.

Alumni Network: UK universities boast extensive alumni networks that provide invaluable support and mentorship throughout your career journey. Alumni often maintain strong connections with their alma maters and are eager to offer guidance, job referrals and networking opportunities to fellow graduates.

Cultural and Social Opportunities: Studying in the UK is not just about academics; it's also a gateway to a rich cultural and social experience. From exploring historical landmarks to immersing yourself in vibrant cities and diverse communities, the UK offers a wealth of extracurricular activities that foster personal growth, broaden horizons and contribute to your overall development as a well-rounded individual.

Understanding the Significance of Salaries: Why They Matter When Choosing Your University Degree

Salaries are a key consideration when choosing a university as they have a direct impact on your future financial stability and career opportunities. Higher salaries provide a sense of security, help with student loan repayment and open doors to a more comfortable lifestyle. They also reflect the value and demand for graduates from a specific university — indicating the quality of education and readiness for the job market.

But, bear in mind that choosing a university is more than just looking at salaries after graduation. Other important things to consider are the university's reputation, faculty and resources to ensure a top-notch education. Don't forget to explore the campus culture, internships and job placement opportunities to have a well-rounded experience. Plus, dive into the vibrant alumni network and industry connections for future success.

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