5 Upcoming Sectors in Singapore and Colleges Where You Can Get Trained in Them

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There is a sea change in the professional landscape around us. Technology has become indispensable in our lives, and the digital take-over of professions is inevitable. Here are some upcoming sectors and colleges where you can get trained in them.

1. Med-Tech

With healthcare booming, can med-tech be far behind? Life expectancy in Asia is increasing steadily and ageing populations are pushing up demand for healthcare. Reports state that the med-tech industry is growing at about 10%, so this definitely makes for a promising sector to get your degrees in. Given the fact that biotech is one of the pillars of Singapore’s manufacturing industry, the country is a great place for med-tech start-ups to originate, flourish, and expand.

A medical technologist in Singapore can expect to earn an average salary of about S$36,000 per year.

Earn your stripes at the following:

  • Singapore Polytechnic
  • NGEE ANN Polytechnic
  • Republic Polytechnic
  • Singapore Institute of Manufacturing technology
  • International: Harvard Medical School – Health Sciences and Technology

2. Creative Industries

Singapore is a hotbed for the high-tech creative industry. With children learning coding in after-school enrichment classes and being able to design apps and games, it is taking the creative design sector to a new level. Technology is an inherent part of animation, game design, and industrial design but now it is indispensable in fields like sport and lifestyle too. With the recent governmental push in this field, start-ups and entrepreneurs get the chance to become innovators and pioneers as well!

Earn your stripes at the following:

  • Management Development Institute of Singapore
  • LASALLE College of the Arts
  • Raffles College of Higher Education
  • First Media Design School
  • National University of Singapore
  • International: University of Technology, Sydney – UTS

Related: 5 Interesting Online Courses to Take in 2017

3. Fintech

Fintech has been the new kid on the block lately and it’s only getting bigger. Singapore’s heavy-weight financial sector has proved to be quite a stable base for its diversification into financial technology. Start-ups, like BankBazaar have ensured that finance as we know it is set to see massive changes in the next few years. With the Monetary Authority of Singapore earmarking a sizeable amount for the expansion of fintech in Singapore, it is easily one of the most lucrative fields to jump into.

A software engineer working in Fintech gets an average salary of S$70,000 while a senior technical consultant can get up to S$95,000.

Earn your stripes at the following:

  • Singapore Management University
  • SP Jain School of Global Management
  • Byte Academy (short-term courses)
  • Terrapinn Training (short-term courses).
  • Ngee Ann Polytechnic
  • International: Oxford Said Business School (Fintech lectures), MIT Fintech Certificate Course (12 week, part-time online certificate course), USC’s Marshall School of Business.

Related: Is Fintech only for Millennials?

4. Data Analytics

Data analytics or data sciences is one of the hottest fields in today’s professional scenario. Everyone from businesses small and large to corporations and governments have figured that understanding data is crucial for development. So specialised has the need for data analysis become that it requires people from various backgrounds – economics, statistics, math and computer science to name a few. With demand already short of supply, 2017 is a great time to hop on to the data analytics bandwagon.

The average salary for a data analyst is S$47,000 and about S$66,000 for a senior data analyst.

Earn your stripes at the following:

  • National University of Singapore
  • Lithan Academy
  • Byte Academy, Singapore
  • Nangyang Technological University
  • Singapore Management University
  • International: Asia Pacific University, Malaysia; The Chinese University of Hong Kong, Hong Kong

5. Digital marketing

Information Technology is a favourite in Singapore. The Singapore government has gone all out with support and funds to establish the country as a regional tech hub of sorts. Within IT that is already prominent within the country, digital marketing specifically is taking a front seat and promises to be a field that is going to grow by leaps and bounds.

A digital marketing manager gets about S$72,000 per year.

Earn your stripes at the following:

  • NTUC Learning Hub, Singapore
  • Equinet Academy
  • SP Jain School of Global Management
  • Singapore Management University
  • National University of Singapore
  • International: University of South Wales (MA and MSc in Digital Marketing)

Disclaimer: The courses and institutes mentioned are only suggestions. Please do your own due diligence before enrolling. Pay scales mentioned are average salaries over a few companies.

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