Which degree suits me best in Singapore?

Most bachelor’s degrees take a substantial period of between 3 and 4 years to complete while the steep cost of higher education is enough to wipe out 1 to 2 years’ worth of income (if you decide to take a local degree). Therefore, pursuing a bachelor’s degree is in reality both a time-consuming and financially taxing affair.

To make things worse, some students may realise that they have lost the passion midway through college or could not sustain their enthusiasm for long after graduation. Consequently, they do not find the jobs that are relevant to the skills and knowledge they have painstakingly acquired in the university. This results in a significant wastage of useful resources at the societal level.

From a rational point of view, it is thus in the best interests of both the society and the individual to assess the compatibility between oneself and the particular programme. Specifically, undergraduates can maximise their economic gains from such a hefty investment by patently understanding their likes and dislikes before committing to a particular course of study.

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Disclaimer: This is merely used as a quick reference guide.

 

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How much a Master’s Degree is worth in Singapore today?

While there is a general consensus that taking a master’s degree in Singapore today may be beneficial in many respects from brighter employment prospects to enhanced cognitive abilities, the true value may be less evident. .A master’s degree isn’t cheap, but there are many ways to find financial help Some might even resort to getting a loan from a moneylender.

Truth be told, evaluating a financial and temporal investment in a master’s degree should be as rigorous, if not more, than an investment in a financial asset. Just like ploughing through a heap of annual reports to pick the best stocks, specifically the most undervalued stocks, selecting the most ideal master’s degree course should spare no less effort.

Contrary to popular belief that it is difficult, if not impossible, to quantify the net monetary gain/loss from pursuing a master’s degree, the diagram below illustrates a rudimentary step-by-step decision-making guide for studious graduates striving to further develop their intellect.clipart

First, explore the roles that are in demand in the job market. Then, answer the next 2 questions. If both answers are “yes”, proceed to conduct extensive research on the possible range of salary increment. At the end of the evaluation process, it is likely that you would obtain a better idea of the “payback period” which you can then deem a master’s degree as a worthy or unworthy investment.

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