SIT class of 2023: Starting salaries up, with tech grads earning the most

$4k median gross monthly salary highest ever reported for SIT graduates: Survey

- Gabrielle Chan

Fresh graduates from the Singapore Institute of Technology (SIT) in 2023 drew higher starting salaries, although fewer of them were able to find jobs after graduation.

The results from the latest graduate employment survey, released by SIT on Sept 12, showed that those in full-time permanent jobs earned a median gross monthly salary of $4,000 in 2023, up from $3,950 in 2022.

This marks the highest median gross monthly salary ever reported for SIT graduates.

But the latest figures also showed a dip in employment - 81.4 per cent of its graduates in 2023 secured full-time permanent work within six months of graduation, against 86.6 per cent in 2022. Overall, 88.5 per cent of its graduates found employment and freelance work 91.6 per cent in 2022.

These figures were released in the annual Joint Autonomous Universities Graduate Employment Survey, which was conducted by SIT between March 1 and May 20.

Of the 2,412 graduates from SIT's class of 2023, 78 per cent, or 1,881, participated in the survey.

The survey findings for other autonomous universities were released earlier in 2024, due to their different academic calendars.