The Highest Paying Jobs in Singapore 2019 – What Majors are Getting Them?
Getting a college major is an important investment, and depending on what you major in it will determine what you earn once you get into the job market. In 2019 Singapore is expecting some exceptional growth, and the jobs are likely to be on demand. Demand is expected to be high for skilled jobs, and this where those with college majors are likely to benefit more. For the high paying jobs, they have attributes like advanced mathematics, managerial and leadership skills, engineering, or technical knowledge as well as IT. Although most of the high paying jobs for majors are for fresh graduates, some may require postgraduate education. Here are some of the high paying jobs in Singapore.
Electronic and Communications Engineering
Electronic and communication experts have skills that enable them to work in various segments in the technology industry. Communications engineers can work as network managers to oversee the design, installation, operations of systems as well as data management of a company. Besides information, one can specialize in mobile services, GPS devices, aircraft controls, and automobile, among other specialty areas. Professionals in this field are on demand, and it can require some prior experience.
On average, one will earn between $8,513 and $8,541 per month.
Computer Science and IT
Computer science experts can deal in software or hardware, and one required specialized knowledge in a particular field. Some of the college majors that you can learn in college include data structures, programming, as well as operating systems. Regardless of the specialty, the expert has to deal with assessing user needs, carrying out tests as well as data analytics to establish the necessary updates and modifications they should make. An IT expert will design, create, and maintain a company’s IT infrastructure. Your major will not guarantee a job but experience and track record will.
It experts earn on average between $8, 563, and $8,739 per month.
If you have majored in-laws in Singapore, you can make up to $27,000 if you put extra hours in your work. The lawyers are those that provide legal counsel excluding solicitors and advocates. You will represent people in court proceedings and provide legal advice to clients. You require a major from the Singapore Management University, the National University of Singapore or an accredited university from The UK, the US or Australia.
You are required to have at least six months of legal training or practice experience with a Part A and part B pass for the bar exams. To practice as a legal counsel in Singapore, you have to be registered with the Singapore Institute of Legal Education and apply for admission to the Singapore bar.
A fresh graduate will earn between $9,400 and $10, 672 per month in a law firm and with experience, they are assured of at least 25% increment in 10 years.
Marketing is one of the leading job fields globally, and in Singapore, graduates can expect fabulous marketing offers. One needs a marketing major from college or any business management or administration related course to land one of the highest paying jobs in Singapore today. There are significant opportunities in the growing markets today, and this includes digital marketing. With the right attitude and commitment, you can make your name in the marketing field. A fresh graduate should expect to earn up to $285, 000 annually if they are working in the financial sector while those in manufacturing and the industrial sector should expect to get close to $220,000 per year.
General Physicians and Practitioners
For graduates with a degree or diploma in medicine, you can practice being a physician or a general practitioner treating medical conditions as well as reefing patients to receive specialist treatment. Medical physicians can specialize in different areas such as cardiology, anesthesiology, neurosurgery, psychiatry, orthopedic surgery, and neurosurgery. Relevant qualifications in Singapore require a five-year diploma or postgraduate degree a one has to be registered by the Singapore Medical Council. You will also be required to have completed a post-housemanship experience for the set years either overseas or locally. There is an excellent demand for physicians, which means this is among the most promising jobs.
You should expect to earn from $15,266 to $23,843 per month if you are a medical practitioner and for surgery specialists, they earn between $13,952 and $27,632 per month.
Manufacturing and Production Engineers
There is a growing demand for manufacturing engineers as technology continues to advance in areas such as chemical engineering. In 2019 Singaporean graduates should expect these to be among the highest paying jobs. Demand for skilled graduates in manufacturing and production continues to grow, and individuals in these positions are required to be highly skilled technically. Graduates are working as manufacturing or production engineers should expect an average of $315,000 per year.
To be a marine engineer, you need to be a graduate in a relevant major such as Mechanical, electrical or marine engineering. Marine engineers are tasked with the responsibility of maintaining of fleets of marine vessels, management, operation as well as budgeting for these vessels. This job is among the top-earning jobs in the engineering sector. In Singapore, you require a Class 1 Competence Certificate to work as a marine superintendent. With experience, you are likely to become a fleet manager and then fleet director.
Individuals in this job are well remunerated, and they earn between $9,003 and $11,245 per month.
Actuarial Mathematics and Statistics
Actuarial combines mathematics statistics and financial theory to carry out analysis and assess various risk elements in financial management. If you are a graduate with a major in statistics, mathematics, economics, and accounts numerous opportunities are waiting in insurance agencies. You can also work with top businesses and wealthy individuals to help them in maximize profits and minimize losses.
As a statistician, you can work in various fields in designing studies, experiments survey data analysis, and processing as well as coming up with inferences and recommendation.