Presentation about (Post) graduate study in MAE Farewell Dinner has never failed to persuade me to take a master degree. The short forum in the event also stressed some good points of having a career as an engineer in Singapore. Adding my personal opinion, I shall share why engineering is having a good prospect in Singapore.
Firstly, it is pretty obvious that Singapore intend to develop its competency in engineering, from OEM (Original Equipment Manufacturer) to OED (Original Design Manufacturer). This means that Singapore will need more experts in engineering degree. Looking from nation perspective, Singapore, not like Hongkong, is not going to focus on finance field solely.
As an engineer, one will have an option to shift to other field. In fact I know a lot of people that shift from engineer to business or finance sector. On the other hand I have known none come into engineering field from other fields. It is very flexible! Many engineering opportunities are available with their specific tasks and roles.
Given the current economic situation, engineering career ensures good security. The shaking global economy, which is originated from the sub-prime dilemma, may result in recession in some country. This unstable business environment will directly impact the finance and business sector but is cushioned by the nature of engineering job. No company will shut down its million dollar plants if they are making loss but there are a number of finance industry employees or even CEOs retrenched due to the unfortunate event.
Lastly, it is a good start for an inexperienced graduate. It may not pay starting salary as high as the investment banking does. However the increment is probably better and the four tough year of your study will not be a waste.
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