Nanyang Institute of Management leaps into the top 10

Kaplan Singapore, PSB Academy and Management Development Institute of Singapore (MDIS) all receive more than 1,000 votes each to remain within the top five most popular PEIs. Kaplan Singapore and PSB Academy are ranked 2nd and 3rd respectively this year, with MDIS following closely behind in 4th place after receiving only 31 votes lesser than PSB Academy. With about half the number of votes for MDIS,

the Nanyang Institute of Management rounds up the top 5 with 543 votes, constituting 10.9% of the respondents.


The Nanyang Institute of Management was only established in 2001, but offers a wide range of courses through its four schools – School of Business, School of Tourism & Hospitality, School of Early Childhood Education and School of Language. However, it is interesting to note that the Nanyang Institute of Management is not particularly popular with potential Bachelor’s Degree entrants (ranked 13th, 7.7%) and Diploma entrants (ranked 13th, 8.9%) as compared to how popular it is with potential Post-Graduate Degree entrants (ranked 6th, 15.0%) and Professional Certification or Short-Term Courses / Workshop entrants (ranked 5th, 12.8%).

The Nanyang Institute of Management moves an impressive seven places from last year to land in 5th position, with support from 10.9% of the total respondents. Although the school received only 543 votes (as compared to 1,042 votes for MDIS), it has managed to attain a better ranking than other prominent PEIs in the top 10, such as James Cook University Singapore and LASALLE College of the Arts.

Sources: 2010 JobsCentral Survey Report

NIM was ranked 5th Position, over the top 10 most preferred Private Education Institutions (PEIs)

In an independent educational survey recently (2010), by Jobs Central, Nanyang Institute of Management was ranked 5th Position of the Top 10 Most Preferred Private Education Institutions (PEIs).

Snapshot of Respondents

Total number of respondents 5,001
Mostly in the age group of 21- 30 61.7%
Mostly holding a Diploma or Bachelor's Degree 72.2%
Mostly employed 67.8%
Mostly Professionals/Executives 44.0%

Top 10 Most Preferred Private Education Institutions (PEIs)
Respondents were asked to select or name their preferred private education institutions, and were allowed to choose as many institutions as they wished. The rankings below are based on votes from all 5,0001 respondents.

Rank

2010 2009 Preferred Private Education Institutions

1 1 SIM Global Education
2 3 Kaplan Singapore
3 4 PSB Academy
4 5 Management Development Institute of Singapore
5 12 Nanyang Institute of Management
6 6 James Cook University Singapore
7 7 Tourism Management Institute of Singapore
8 8 LASALLE College of the Arts
9 10 Curtin Singapore
10 18 Singapore Human Resources Institute

Economic recovery pulls up job numbers; June employment for ages 25-64 at new high; jobless rate falls to 3.2%

BYLINE: Chuang Peck Ming

BODY: (SINGAPORE) The strong economic recovery has lifted the employment for Singaporeans and Permanent Residents in the 25-64 age group to a new high of 77.1 per cent in June, pushing down the overall resident unemployment rate this year to 3.2 per cent. At the same time, the monthly pay for all full-time resident workers jumped 4.2 per cent to a median $2,710, according to the latest Singapore Workforce Report. The resident labour force participation rate for those in the 25-64 age group rose from 75.8 per cent last year, after the recession had knocked the rate down 1.2 percentage points from 2008

'The Workforce Report signalled a positive outlook for graduates, with the share of degree holders in the labour force nearly doubling over the past decade,' says Lynne Ng, recruitment firm Adecco South East Asia's regional director.

'For those students graduating in 2011, this will indeed be news that is well-received,' she said.

The Ministry of Manpower said in a statement yesterday that the improvement in employment rate was broad-based, suggesting that the economic pick-up has reached far and wide.

'Boosted by the strong economic recovery, the proportion of the resident population in employment rebounded to a new high in 2010,' MOM said. 'The increase in employment rate was broad-based across both prime and the older age groups, especially among women.'

A record 71.7 per cent of women in the prime working ages of 25 to 54 were working in 2010, up from 69.4 per cent last year. 'This is a good indication of strong employment after the economic slowdown that we experienced in 2009,' says Ms Ng.

Still, the employment rate for women remains far below the 92.4 per cent for prime-working age men which jumped from 91.6 per cent last year.

But a marked increase in the number of older women working - up from 40.1 per cent last year to 43.4 per cent - raised the overall employment rate for older residents aged 55-64 to a record 59 per cent, after staying flat at 57.2 per cent in the past two years. 'This is very positive and is a sign that companies are further accepting mature workers and recognising the significant value that they can bring to a company,' Ms Ng said.

Overall workers' income also rose faster and stronger than in the previous recovery, MOM said.

Even after adjusting for inflation - up 2.4 per cent year-on-year in the first nine months - the median income jumped 1.8 per cent, after a slight dip of 0.1 per cent in 2009.

Overall nominal median income, including those of part-timers, rose 3.3 per cent to $2,500, compared with a 1.2 per cent decline last year. The overall resident employment rate - for resident population aged 15 and over - climbed from 65.4 per cent last year to 66.2 per cent in 2010.

'This balanced the dampening effect on the growth in the resident labour force due to a slower increase in resident population this year,' MOM said.

Thus the resident labour force went up 3.1 per cent over the year in June, against gains of 3.0 per cent in 2009.

LOAD-DATE: November 30, 2010

Sources: http://www6.lexisnexis.com/publisher/EndUser?Action=UserDisplayFullDocument&orgId=102496&topicId=150300008&docId=l:1313365129&start=1

NIM has been awarded EduTrust Provisional!