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Singapore Institute of Commerce

Kannappan Chettiar

Chairman

BA (Business) Michigan State,
LL.B (Hon) London,
LL.M (Singapore), FCIM
Rotary-ASME Top 10 Entrepreneur of the Year 2002

Phoenix Award 2002/03 Finalist

SICCI-DBS Singapore Indian Entrepreneur Award 2005
Message from The Chairman

Forty years ago, if you had an ‘A’ level qualification, it was possible to rise to the top of any organisation simply based on your own ability and competence. In the last few years, I have met a number of people who, although highly competent and effective in their roles within the organisation, have been by-passed by others with lesser abilities solely due to their lack of a degree qualification.

One of the fundamental truths about life is that “scarcity creates value”, and the more scarce our qualifications or ability, the higher the demand or remuneration for these skills. Research also shows that good looking people and even taller people get paid higher as they are able to differentiate themselves in the employment market! For the less physically endowed people, the opportunity to differentiate ourselves exists through better qualifications such as undergraduate and post-graduate degrees.

There is also sometimes a mistaken notion that good education is incompatible with entrepreneurship and innovation. Whilst courage and a risk-taking attitude are important to entrepreneurship, it should not be forgotten that equally important are self-discipline and self-confidence which one gets naturally with a good education.

If we looked at the acquisition of degrees as a personal differentiation strategy to “market” ourselves in the job market, the approach will eventually lead us to become true life-long learners as well.

Further, we need to consider the present reality and the fact that the true minimum qualification for managers has moved from ‘A’ levels to a degree today. In all likelihood, this minimum will move further to a masters degree level within the decade as well.

At SIC, we have a very strong vision which is “Creating Learning Opportunities for everyone.” We provide opportunities to enable students to get a practical and relevant degree in business, IT, accounting and many other disciplines.

Our qualifications lead you to many paths – whether you wish to start your own business or become a top executive in MNC or government.

Our duty is to ensure that we provide you the right opportunities to ensure your success in your careers. May I wish you every success in the choice that you make today and for your dreams to come true.