The Ministry of Education (MOE) provides subsidies for the Academic Continuing Education and Training (ACET) Post-Diploma courses in order to support Singaporeans who wish to upskill or reskill through such courses. This study evaluates the impact of obtaining an ACET post-diploma Full Qualification (FQ) on the employment and wage outcomes of participants.

We find that completing an ACET post-diploma FQ improved the employment outcomes of post-diploma FQ participants. Compared to their respective control groups of individuals with similar profiles, the likelihood of employment for ACET post-diploma FQ graduates was up to 8 percentage-points higher after completing the course.

We also find positive wage returns to attaining an ACET post-diploma FQ. Specifically, we find that post-diploma FQ graduates enjoyed real monthly wages that were up to 11 per cent higher on average compared to their respective control groups after completing the course.

The views expressed in this paper are solely those of the authors and do not necessarily reflect those of the Ministry of Trade and Industry or the Government of Singapore.

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