The salary gap is most apparent among those with up to five years of work experience where overseas graduates are earning a significant 20 percent more than their local counterparts. Even after 10 years or more of work experience, the gap is still more than 10 percent. In terms of job specialization, the biggest salary gap between overseas and local graduates is in business-related fields such as management, economics, finance and marketing where overseas graduates earn about 15 percent more than local graduates. In the engineering and IT/Computer fields, salaries are about 11 percent higher for overseas graduates. We also did a similar study among 20,000 JobStreet.com members in Singapore and we observed that there is no significant difference between the salaries of graduates from local Singaporean universities and overseas universities even after five or 10 years of work experience. In conclusion, a Malaysian who graduates from a local Malaysian university earns on average a lower salary than those who graduate from an overseas university. There were no significant difference in salaries that exists among graduates in Singapore. Note: For this research, the term “overseas” refers to the top three most popular overseas destinations for tertiary studies – Australia, Great Britain and United States – and includes twinning programmes. Similar Posts:
"It will change your life. You’ll come back a new person.” For years, the benefits of study abroad have been described in these words. Everyone in the study abroad field believed it could greatly impact a student’s life, but the exact long-term benefits were unknown—until now.
The first large-scale survey to explore the long-term impact of study abroad on a student’s personal, professional, and academic life shows that study abroad positively and unequivocally influences the career path, world-view, and self-confidence of students.
The Institute for the International Education of Students (IES), www.iesabroad.org, surveyed alumni from all IES study abroad programs from 1950 to 1999. Regardless of where students studied and for how long, the data from the more than 3,400 respondents (a 23 percent response rate) shows that studying abroad is usually a defining moment in a young person's life and continues to impact the participant’s life for years after the experience.
% Full Year
% Spring Semester
Served as a catalyst for increased maturity
97% Has had a lasting impact on world view
Enhanced interest in academic study
Influenced subsequent educational experiences
87% Reinforced commitment to foreign language study
86% Intercultural Development
Helped me better understand my own cultural values and biases
98% Influenced me to seek out a greater diversity of friends
90% Continues to influence interactions with people from different cultures
94% Career development
Acquired skill sets that influenced career path
76% Ignited an interest in a career direction pursued after the experience
62% Personal Growth
“Overall, I learned a lot more about myself in that one semester than I did in the three and a half years in my home school because of the unique space in which I learned, experienced, and spent exploring another culture,” says Carolyn Valtos (IES Adelaide, 1992).
An overwhelming majority of respondents echoed Valtos’ feeling. When asked about personal growth, 97 percent said studying abroad served as a catalyst for increased maturity, 96 percent reported increased self-confidence, 89 percent said that it enabled them to tolerate ambiguity, and 95 percent stated that it has had a lasting impact on their world view.
Findings also show that study abroad...
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