Bachelor of Science (Economics)

SMU

Data processed 6 July 2026. IGP: AY2024/25 intake. Employment: 2025 Graduate Employment Survey.

By Universities.sg · Data: Ministry of Education & SkillsFuture Singapore (GES 2025) · Methodology

The Bachelor of Science (Economics) is a four-year programme at the School of Economics. The curriculum covers microeconomics, macroeconomics, econometrics, and mathematics for economics, with electives spanning areas such as game theory, labour economics, and health economics. Students can pursue tracks and second majors in related fields.

This is a quick summary to give you the gist. Always check the latest programme details with the university before making any decisions.

Programme information from SMU

Bachelor of Science (Economics) at SMU has an IGP of BBB/C, a 82.9% employment rate, and a median starting salary of $4,500, placing it in the top third by graduate pay.

Admission Requirements

The 10th percentile IGP for this programme is BBB/C, which works out to 59.1 rank points out of 70. That puts it in the middle third among all 77 courses with published IGP data, and 6th out of 10 programmes at SMU by how hard it is to get into. The 90th percentile IGP is AAA/A, so you can see the typical range of admitted students. Polytechnic graduates need a minimum GPA of 3.65 (10th percentile) for admission. The 90th percentile GPA is 3.91.

Graduate Outcomes

In the 2025 Graduate Employment Survey, 82.9% of graduates from this programme found work within six months of their final exams. That's 11% below the SMU average of 93.5%, which puts it in the lower range across all surveyed courses. The full-time permanent employment rate is 76.2%. For fresh graduates, the median gross monthly salary is $4,500, which ranks in the top third of all courses (68th out of 242). That's 6% below the SMU average of $4,798. Most graduates earned between $4,100 and $5,200, the range spanning the 25th to 75th percentile of earners.

Historical Trends

Over the past 12 years (2013–2025), the overall employment rate has decreased by 7.7 percentage points, moving from 90.6% to 82.9%. That's based on 13 years of Graduate Employment Survey data. Median salaries have grown by $1,161 (35%) over the same period, from $3,339 in 2013 to $4,500 in 2025.

Related reading: The most competitive courses in Singapore · Where this data comes from

Admission Requirements

  • 59.1 RP
  • BBB/C grades
  • 3.65 GPA

Source: SMU Admissions Office

Latest Job Prospects(2025 GES)

Median Salary
$4,500
75th percentile
$5,200
25th percentile
$4,100
Mean
$4,900
Secured Employment
89.6%
Overall Employment
82.9%
Full-time Permanent
76.2%

Source: MOE Graduate Employment Survey (2025)

Enrollment Statistics(AY2024-25)

Total Students
947
Study Mode
Full time
Gender Distribution
470M
50%
50%
477F

Related Courses

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Contains data from Graduate Employment Survey from MOE made available under Singapore Open Data Licence v1.0

Common questions

What are the admission requirements for Bachelor of Science (Economics) at SMU?
The 10th percentile IGP for Bachelor of Science (Economics) at SMU is BBB/C. For polytechnic students, the 10th percentile GPA requirement is 3.65.
What is the employment rate for Bachelor of Science (Economics) graduates?
The overall employment rate for Bachelor of Science (Economics) graduates from SMU is 82.9% based on the 2025 Graduate Employment Survey.
What is the median salary for Bachelor of Science (Economics) graduates?
The median gross monthly salary for Bachelor of Science (Economics) graduates from SMU is $4,500 based on the 2025 Graduate Employment Survey. The 25th to 75th percentile salary range is $4,100 to $5,200.