Bulk of Uni grads find jobs within 6 month after exams

[HitandRun]

Yewkim, sounds like you are from SMU and graduated last year. My personal observation is that $3455 is completely plausible as many of my peers are earning around this region.

Note: I graduated from SMU last year.

If you examine the link below, the median pay for social sciences is $3000. It would appear that your sample size is biased or your peers are not being honest about their pay.

SMU Survey

[CY09]

Yewkim, sounds like you are from SMU and graduated last year. My personal observation is that $3455 is completely plausible as many of my peers are earning around this region.

Note: I graduated from SMU last year.

If you examine the link below, the median pay for social sciences is $3000. It would appear that your sample size is biased or your peers are not being honest about their pay.

SMU Survey

Hi Hit and Run,

Thank you for pointing out. I will like to clarify my definition of peers. For my peers, I am referring to my group of friends from the various faculties.

A bit of history: I was formerly an Econs Undergrad but transferred to political science in year 3.

[Big Toe]

Someone asked about where's the best place to study business.
The best place to learn about business is to run your business.
While universities let you have a preview of what's out there and what are the good business practices,
you hardly learn anything really useful.

Some managers/executives can be highly successful when given ample resources to carry out their designated, specialized job within the organization. But left to run their own firm, would not survive a single day. That's the drawback of working in a large multinational company, the job requires very specialized skills, such that a person may not fully appreciate what really makes the business tick.

Sometimes it makes very little sense to venture out when a person has a stable job, decent pay. Cost of starting a business is quite prohibitive in Singapore as well. A basic F&B franchise start up will cost hundred(s) of thousand(s) of dollars. I am strongly for people starting their own business.

[funman168]

Dun u tink that investing in stocks is much safer than investing in business?
90% of all startup dun survive the first yr. worst still most will incur huge debt when biz fail

Someone asked about where's the best place to study business.
The best place to learn about business is to run your business.
While universities let you have a preview of what's out there and what are the good business practices,
you hardly learn anything really useful.

Some managers/executives can be highly successful when given ample resources to carry out their designated, specialized job within the organization. But left to run their own firm, would not survive a single day. That's the drawback of working in a large multinational company, the job requires very specialized skills, such that a person may not fully appreciate what really makes the business tick.

Sometimes it makes very little sense to venture out when a person has a stable job, decent pay. Cost of starting a business is quite prohibitive in Singapore as well. A basic F&B franchise start up will cost hundred(s) of thousand(s) of dollars. I am strongly for people starting their own business.

[godjira1]

Where would businesses come from if everyone wanted to invest in stocks? Of course they are higher risk propositions but also higher rewards and some people enjoy the thrill of building something up.

Safety is good but some people need more in life than that.

[opmi]

same things can be said for investment bankers or high grade civil servants. Without the infrastructure of banks and civil service systems respectively, they may not make itl.

Sometimes some people thot the track records can be transferred to them personally so they come out on their own. Realised too late no one give a hoot about them. It is the organisation brand that matters.

Someone asked about where's the best place to study business.
The best place to learn about business is to run your business.
While universities let you have a preview of what's out there and what are the good business practices,
you hardly learn anything really useful.

Some managers/executives can be highly successful when given ample resources to carry out their designated, specialized job within the organization. But left to run their own firm, would not survive a single day. That's the drawback of working in a large multinational company, the job requires very specialized skills, such that a person may not fully appreciate what really makes the business tick.

Sometimes it makes very little sense to venture out when a person has a stable job, decent pay. Cost of starting a business is quite prohibitive in Singapore as well. A basic F&B franchise start up will cost hundred(s) of thousand(s) of dollars. I am strongly for people starting their own business.

[funman168]

But the problem with lots of ppl is that they tink start biz sure make lots of $$$, especially in the food biz. They hv no knowledge on how competitive it is & how low the margin are. All just like to monkey see monkey do...

[sgd]

the traditional way to learn about business apart from going to school is to join the sales force of a company and learn the ropes from there and at same time look for opportunities.

If you are someone without several years of real life sales experience try to startup a business on your own I think the learning curve is going to be very steep and chances of failing is quite high.

big company branding have high chance, but big company also have high costs small business opportunities that comes along they may not want to do. My own company where I work not interested in any deal less than 5 mil, I see every now and then some sales people will resign then you hear company gossip news that they later started their own companies to pursue these opportunities, very common.

[godjira1]

the traditional way to learn about business apart from going to school is to join the sales force of a company and learn the ropes from there and at same time look for opportunities.

If you are someone without several years of real life sales experience try to startup a business on your own I think the learning curve is going to be very steep and chances of failing is quite high.

big company branding have high chance, but big company also have high costs small business opportunities that comes along they may not want to do. My own company where I work not interested in any deal less than 5 mil, I see every now and then some sales people will resign then you hear company gossip news that they later started their own companies to pursue these opportunities, very common.

i agree with sgd here and I shared the same kind of experience when i was young - Sales experience is one of the best ways to learn. you figure out how to "make rock soup", and you know there is no bullsh*t, results is everything.

[pianist]

sales experience..maybe..only in sg where there are many middle men, consters, mlm, property agents, insurance agents, scam investment sellers, banks' rm, private bankers, :>