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Highest Paying Jobs in Singapore

Written by Global Expansion | Feb 28, 2024 1:11:06 PM

Singapore—Technology, Innovation, and Natural Beauty  

Singapore is a tropical island in Southeast Asia, located near the tip of the Malay Peninsula. A city and a nation merge with technology and natural beauty.

Our comprehensive guide to the highest-paying jobs in Singapore provides you with key insights into lucrative career options. 

Currency: SGD (Singapore Dollar)

Language: Malay, English, Singaporean Mandarin & Tamil.

Independence Day: 9th  August

The landmass measures roughly 275 square miles—it's indeed smaller than Rhode Island. This vibrant locale is home to over five million people. The population is primarily divided into four significant communities: Chinese, Malay, Indian, and Eurasian. Since declaring independence on August 9th, 1965--Singapore has fervently embraced a parliamentary democracy system. 

Positioned ideally in Southeast Asia, Singapore offers world-class infrastructure and boasts a fully integrated island-wide transport network. The business environment is dynamic; living spaces are vibrant; moreover, its Middle East market and culture reflect rich influences from the four major communities present there - each offering unique perspectives on life in terms of culture, religion, food, language, and history that define Singaporean identity.

Which Degree Pays the Most in Singapore?

A high-paying industry usually places significant emphasis on a respected degree. The following degrees command substantial salaries in Singapore.

1. Bachelor of Science (Data Science & Analytics)

The Bachelor of Science or BSc. in Data Science & Analytics degree program emphasizes the development of skills necessary for large-scale data collection and analysis study. The entire course duration equips students with algorithmic and mathematical problem-solving capabilities, enabling them to leverage insights that drive informed career decision-making. 

Course Duration: 4-year degree program

Employment Opportunities:

  • Data Analyst
  • Business Intelligence Analyst
  • Data Engineer and Scientist
  • Mining machine learning
  • AI & Cybersecurity

Average Payscale: SGD 70K Annually

2. Bachelor of Engineering BE (Computer Engineering)

The Bachelor of Engineering (Computer Engineering) program equips individuals with the necessary technical and theoretical skills to design, build, test, and maintain complex computer systems. It also aims to develop their ability in software application development and data analysis. The curriculum encompasses a wide range of subjects, including programming, operating systems, embedded systems, and computer architecture, which are some of the highest-paying jobs in Singapore--networks, artificial intelligence, and robotics are also integral components.

Course Duration: 4 years degree program

Employment Opportunities:

  • Computer Engineer
  • Software Engineer
  • System Engineer
  • IT Consultant

Average Payscale: SGD 70K Annually

3. Bachelor of Computing/B.com (Information Systems)

The program for a Bachelor of Computing (Information Systems) degree enhances students' options of being hired in Singapore, such as information architecture, computer networks, software engineering, and other associated technologies, which are booming. This degree helps students living in Singapore grab one of the highest-paying jobs in Singapore.

Course duration: 4 years degree program

Employment Opportunity:

  • System Analyst
  • Software Engineer
  • Database Administrator
  • Network Engineer

Average Payscale: SGD 80K 

4. Bachelor of Engineering/BE (Engineering Science)

The Bachelor of Engineering (Engineering Science) degree equips students with a thorough understanding of engineering theories and practices. This program emphasizes the fundamentals of engineering, primarily problem-solving techniques that enable students to cultivate the skills essential for their future careers as professional engineers and help them get the highest-paying jobs in Singapore.

Course Duration: 4-5 years degree program

Employment Opportunities:

  • Mechanical Engineer
  • Electrical Engineer
  • Computer Engineer
  • Civil Engineer
  • R&D Engineer
  • Manufacturing Engineer
  • Quality Control Engineer

Average Payscale: SGD 70K Annually

5. Bachelor of Computing (Computer Science)

The program's design aims to equip students with a robust foundation in computer science: this includes programming, algorithms, data structures, and computer systems--all crucial aspects of software development. Moreover, the curriculum might incorporate courses from related fields – mathematics, for instance, physics and electrical engineering could also be potential additions.

Course Duration: 4 years degree program

Employment Opportunities:

  • Software Developer
  • System Analyst
  • Database Administrator (DBA)
  • Network Administrator
  • Web Developer
  • Cybersecurity Specialist
  • AI/ML Engineer

Average Payscale: SGD 72K Annually

6. Bachelor of Science/B.SC (Business Analytics)

The four-year Bachelor of Science in Business Analytics (BSBA) degree program emphasizes the application of data and analytical tools for assisting organizations to make informed decisions. Students receive training in using software that is driven by data, enabling them to analyze substantial volumes of data; concurrently, they develop strategies aimed at maximizing organizational performance offering the highest paying jobs in Singapore in the fields respectively.

Course Duration: 3-4 years degree program

Employment Opportunities:

  • Analyst of Data
  • Business & Market Research

Average Payscale: SGD 60K

7. Bachelor of Computing BCS (Information Security)

The Bachelor of Computing (Information Security) degree equips students with an in-depth comprehension of the fundamental and technical aspects of information security. The curriculum encompasses principles and practices in cybersecurity, artificial intelligence, cryptography, and network security, as well as malware analysis.

Course Duration: 4 years degree program

Employment Opportunities:

  • Security Analyst
  • Security Engineer
  • Information Security Consultant

Average Payscale: SGD 72K

Highest Paying Industries in Singapore

Discover the highest-paying industries in Singapore below. 

Information & Technology

A well-paid job sector in Singapore is Information & Technology. IT positions such as software design and creation, database and network management, and technical support provision–command lucrative salaries.

Accounting

Accounting is an in-demand profession and ranks among the highest-paying jobs in Singapore. Accountants handle daily financial transactions and documents; moreover, they provide organizations with advice on managing their finances--a crucial role that directly impacts strategic investments.

Legal

The legal sector presents an attractive career and offers some of the highest-paying jobs in Singapore. There is a large demand for lawyers, judges, and paralegals. These professionals offer valuable services: providing clients and companies with crucial legal advice, as well as representing them effectively in court proceedings.

Banking & Finance

The banking and finance sector is a lucrative industry with a selection of the highest-paying jobs in Singapore. Bankers and financial advisors, notably analysts, get great compensation. Their role extends beyond mere income management to encompass providing strategic advice for both companies and individuals.

Sales & Marketing:

One of the highest-paying industries in Singapore encompasses the dynamic tasks of promoting and selling products. A sphere where proficiency in interpersonal communication intertwines with business acumen. To excel within this demanding field, a potent mix of persuasive abilities coupled with an intelligent understanding of market dynamics is indispensable.

Healthcare

The healthcare industry in Singapore harbors some of the highest-paying medical jobs; these are essential to safeguard citizen health and wellness. Doctors, nurses, and pharmacists, alongside others, play a vital role: they ensure not only an individual’s well-being but also contribute significantly towards societal balance.

“Find this article interesting? Check out our Global Hiring Guide Singapore for detailed information about the city and surroundings.”

Top 25 Highest Paying Jobs in Singapore with Respective Pay Scale of each:

Job Role 

Payscale Range

Financial Advisor

S$50K - S$200K

Engineering

S$50K - S$130K

Chief Technology Officer (CTO)

S$200K - S$500K

HR Director

S$70K - S$250K

Head of Sales

S$150K - S$400K

Technology

S$40K - S$150K

Project Manager

S$60K - S$150K

Accounting

S$40K - S$120K

Investment Banking Director

S$250K - S$1000K

General Practitioner

S$150K - S$400K

Trader

S$80K - S$500K 

Healthcare

S$40K - S$100K

Banking

S$40K - S$120K

Risk Analyst

S$60K - S$150K

Sales

S$40K - S$150K

Head of Compliance

S$150K - S$300K

Digital Marketer

S$40K - S$100K

Auditor

S$50,000 - S$120,000

Professor

S$100K - S$250K

Chief Operating Officer (COO)

S$200K - S$500K

Research and Development Manager

S$80K - S$200K

Marketing

S$40K - S$120K

Finance Dealer and Broker

S$60K - S$200K

Computer Security

S$50K - S$180K

 

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