The news don't always put out full details, for full details you can see the MOE documents.
You can just take it that computer science is lump together with computer engineering in CNA report.
why the CNA version like so little degree? how abt computer science, why nvr mention in NTU?
Actually, CNA only took the courses which were seemingly more popular. For what purpose Idk. To garner more attention?
Oh I forgot to add in: For users wondering if this picture above^ is an accurate representation of pay:
1)This is definitely not. The GES is more accurate
2)This pic^ is a median of the pay of the courses and
it is not that accurate as compared to the average gross monthly salary which is divided equally among-st all schools
3) Explanation for median and average for
noobs
Uni "x" has 11 students from Biz course that graduated earning different pay:
Student 1 earns : $1
Student 2 earns : $3
Student 3 earns : $7
Student 4 earns : $9
Student 5 earns : $10
Student 6 earns : $10.01
Student 7 earns : $15.5
Student 8 earns : $16
Student 9 earns : $20
Student 10 earns : $30
Student 11 earns : $32
The Median represents the "middle" pay amount of all 11 students that graduated.
As Student 6 has a pay value of $10.01 which is higher than five students, and lower than the next five students, we call $10.01 the median pay value.
Now, let us calculate the average monthly pay for these 11 students that graduated from the biz course of "x' university
Average pay: $(1+3+7+9+10+10.01+15.5+16+20+30+32)
_______________________________________
11
Average gross monthly income per student: $13.96
Median monthly salary: $10.01
Using a median monthly salary is not an accurate depiction of pay status for an entire course because:
1)If the "middle person" in this case student 6 were to earn just 0.1 cents higher than the previous person (student 5 @ $10), and the student after him were to earn $1000 extra than him (Student 7 @ 1010.01) , he will still be the student earning a median pay at $10.01, which is a inaccurate representation of the student population's pay.
2) because of reason "1" CNA can either choose to:
a)Display courses and compare them deliberately to other "less popular
courses" to make that particular course seem attractive
b) Be selective about what numbers they show. They can group different
unrelated courses (E.g. single degree vs double degree) together and
because of reason "1" as stated above, they can make a course that get
paid a lot more seem "underpaid by playing with the median values.
c) let's take a look at the (4) courses: NTU's Accountancy, NTU's
Accountancy & Biz, SMU's accountancy and compare them based on
median and average salary taking into consideration all level of honnors
& all levels of cum laude (both based on monthly basis)
ci)
Median monthly salary as told by CNA
NTU Accountancy: (NIL no such description exists)
NTU Accountancy & Biz 3300
SMU Accountancy 2875
Average gross monthly salary-GES survey by MOE
http://www.salary.sg/2015/graduate-
employment-survey-2014-published-2015/
NTU Accountancy: 3003
NTU Accountancy & Biz 3597
SMU Accountancy 3903
BOOM. See what I did there? Suddenly, numbers
are increased/decreased by such a drastic amount.
Ok. at this point some of you may say it is not accurate to put
cum laude's
and honnors together because they are graded based on different
sets of criteria, and cum laude/honnors may be a independent
variable on its own.
FINE. Let us factor out honors and
cum laude to get a clearer picture:
NTU Accountancy: 3597 (It would seem NTU does not
indicate hons student in this program from GES, that or its
grouped together)
NTU Accountancy & Biz 3003
SMU Accountancy 3420
Even after factoring out distinction and merit awards, it would seem single degree ntu vs smu, SMU comes out more on average pay by 400+ and lacks behind in NTU's Biz and accountancy by $177. This proves my point that CNA is again, tweaking the figures and showing selective data if you ever wondered why NUS Acc & Biz or SMU Acc & Biz were not shown in CNA compared to NTU's.
For those that still complaints that merit system and awards screw sup the data
NTU GPA award system
Top Tier degree award:4.50 - 5.00
First Class
2nd Tier degree award:4.00 – 4.49
2nd class upper
3rd Tier degree award3.50 – 3.99
2nd Class Lower
4th Tier degree award3.00 – 3.49
Third Class/pass with merit (3 year)
Lowest Tier degree award2.00 – 2.99
Pass
SMUGPA award system
Top Tier degree award:3.8+/4.0
Summa Cum Laude (With Highest
Distinction)
2nd Tier degree award:3.60 – 3.79 / 4.0
Magna Cum Laude (High
Distinction)
3rd Tier degree award:3.40 – 3.59 / 4.0
Cum Laude (Distinction)
4th Tier degree award:3.20 – 3.39 / 4.0
High Merit
Lowest Tier degree award:3.00 – 3.19 / 4.0
Merit
Both uni's have got 5 categories of merit awards, with 2nd class lowers (NTU) and Cum Laude (SMU) being the "median merit/gpa" award.
However, if you notice here, you will realize NTU has an honnors classification below the median merit/gpa known as the "Third class".
What does this mean?
It means that NTU has
4 tiers of degree classification as honnors and SMU on the other hand has got only
3 tiers of degree classification known as cum laude.
So what? how does this prove that merit awards won't skew the results?
This is where it gets interesting.
As you all know, almost all local U's in SG adopt something called the "bell curve system" what this means is there can be only a limited no, of people that can score a certain grade, A's, B's etc. meaning, schools can't "cheat" and give every one cum laudes or honors for free.
Now, if we to look at the graduate employment survey and assume that all courses that are part the main body population and separated from those (that receive cum laude/honnors):
SMU's accountancy's average pay (No cum laude) is 3420
NTU's accountancy's average pay (3 year direct honnors) is 3003
NTU's accountancy's + BIZ average pay is 3597
& look at the other sample/population that receive any form of cum laude awards (3 tiers) or honnors awards (4tiers)
SMU's accountancy's average pay ( cum laude) is 3903
NTU's accountancy's average pay (3 year direct honnors) is 3003
NTU's accountancy's + BIZ average pay is 3597
The above three results shows
a) SMU's accountancy's average shows the monthly pay of the 2 lowest tier of the student population with the lowest GPA, and they earn higher than those taking the 3 year direct honnors program
b) NTU's accountancy's average shows the monthly pay of the students from the 3 year direct honor's pogram whom are from the top 3 tiers of the GPA award system.
Heneforth, average gross monthly pay showed by the GES is a more accurate representation over the median based pay provided by CNN as the values of GES are distributed across all students population of the same category in a fair manner, and results are not selective and biased, which can skew or tweak the amount of pay per month.