Can you thrive without a degree in Singapore?

Only 78% of graduates in 2017 managed to secure full-time permanent employment 6 months after final examinations and this is the lowest figure registered in 10 years.

There are many success stories of individuals who have only completed secondary school. Many arts/ social science degrees are also not career-specific.

Whether a degree is really necessary depends on your ambition/ career goals, and the qualifications needed for that. A report by MOM revealed that having a degree was not a main consideration for employers when it comes to hiring PMETs.

With an ever-changing economy, there is no guarantee that anyone (even degree-holders) would have job stability.

It is important to constantly pick up new skills and be a life-long learner. There is also a greater need to shift away from mere paper qualifications and focus on advancement in technology.

Employers are now looking past degrees. Having a degree is useful, but not necessary. It is crucial to strive to continually learn and upgrade your skills pertaining to your desired career field.

You can utilise your $500 SkillsFuture credits, or Union Training Assistance Programme (UTAP) to upskill.