A recent survey released by Hay Group last week revealed that fresh graduates are drawing higher starting salaries compared to 2011. Those without Honors drew S$2, 678 while those with second upper Honors and higher drew S$2, 766 and S$2, 882 respectively. It also revealed that those working in the engineering sector drew the highest average salaries of $2,777 without honors. Jobs in research & development and merchandise operations ranked second and third, with the graduates earning S$2, 764 and S$ 2, 742 a month, respectively.

I am actually quite surprised by the survey as I always assumed that those working in the finance sector are usually paid well and would earn the highest. But the results of the survey showed otherwise. Based on the results, I think engineers are still in demand and would still command respectable starting salaries. I am heartened by this as my degree is engineering …