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Whether you are currently living in Singapore or planning to immigrate here for work, an undergraduate degree might not be enough to work in some of the highest paying jobs available!
What you will need is a Master’s degree to break through the income ceiling and also access career opportunities that have more growth potential.
Studying overseas will keep you ahead of your competitors with the added benefits of exposure and culture.
This will get your potential employer to give your resume a second look and at the same time, provide you with additional skills and qualities such as leadership, that may not be available to local graduates.
In this article, we will go through the top 7 high-income jobs in Singapore, the relevant Master’s degree required, salary per annum and minimum experience required.
With the continuous and rapid upgrade in technology, various bodies such as the Singapore government and private corporations are investing in digital transformation, it is no wonder that the Head of Enterprise Architecture (Technology) can command an average salary of $235,000 per annum!
How to enter this role:
Take a Master programme in Internet Technology and Architecture and work for an estimate of 10 to 20 years to hit the income ceiling of $15,000 to $25,000 monthly
The demand for professionals with skills and experience related to digital sales and online platform management is on the high and as such, hiring has increased to scout for e-commerce related talent.
The Head of E-commerce commands an average salary of $300,000 per annum.
How to enter this role:
Take a Masters Programme in Digital Marketing with Specialty in E-commerce and work for an estimate of 10 years to hit the income ceiling of $13,000 to $18,000 monthly.
Planning, strategy and performance management integrated is always highly sought after in the finance and accounting sector. In fact, a finance director can earn an average of $210,000 per annum.
How to enter this role:
Take a Masters Programme in Finance and work for an average of 10 to 20 years to hit the income ceiling of $15,000 to $20,000 monthly.
Lawyer salaries are high in Singapore. Representing corporations in court proceedings, ensuring legally sound business contracts and providing legal advice; the average corporate legal counsel can earn a medium of $300,000 per annum.
How to enter this role:
Take a Masters Degree Corporate Law Programme and work for an average of 5 to 10 years to hit the income ceiling of $10,000 to $27,000 monthly.
The Head of Compliance in the banking industry commands an average of $220,000 per annum. These role helps to maintain and monitor core front-office parts of the banks from institutional banking to the commercial and retail bank.
How to enter this role:
Take a Master’s Degree in Finance and work for an average of 8 to 10 years to hit the income ceiling of $12,000 to $18,000 monthly.
Planning and purchasing roles are looking to be filled up in the manufacturing environment as well as big corporations in Singapore. This represents exciting (and lucrative) career opportunities in the procurement departments.
A Head of Procurement (Supply Chain) position can command an average salary of $250,000 per annum.
How to enter this role:
Take a Master’s Degree in Supply Chain Management and work for an average of 10 years to hit the income ceiling of $12,000 to $18,000 monthly.
In the banking and financial service industry, the Head of HR can command an average of $260,000 per annum. With the expected increase in hiring (and increasing complexity) coming in the coming years, this will be a role that will be more in demand itself!
How to enter this role:
Take a Master of Science in Human Resource Management and work for an average of 10 years to hit the income ceiling of $8,500 to $15,000 monthly.
Knowing the various high paying jobs available in Singapore is the first step to getting your expected income.
Kick-start your own overseas adventure!
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