Many of us in the music industry, and whom have learnt the piano when we were young developed a passion for it. However, is passion enough to keep you going? Can you make a full time income as a piano teacher in Singapore? Is it sustainable? Or is it just something to be treated as a hobby and part time thing? Let us explore some of these burning questions that many potential piano teachers in Singapore have.
Firstly, it depends on how much money you deem as ‘full time income’. Some people treat it as $2000. Others treat it as $6000. However, for the purpose of this article, we will look at the median salary of graduates in Singapore, which is $3000 to $4000. So if you want to match the salary, while truly being your own boss and be a private piano teacher in Singapore, we will need to consider certain factors.
An ABRSM piano grade 1 student will pay you around $120 to $140 per month for weekly 45 minute lessons, and a grade 8 student will pay you around $300 per month for weekly 1 hour piano lessons. This means an average of around $200 per month per student. With this average, to make $3500 a month, you will need approximately 18 students.
Let us just say that you only want to work for 5 days a week instead of all 7 days. This means you will need to teach around 4 students a day. As each lesson is around 1 hour long, and you will need to travel around to teach the various students, each music student including travelling time will be around 2 hours.
This means you work for approximately 8 hours a day, for 5 days a week and you will be making between $3500 to $4000. Keep in mind, as you are self employed, all of these cash will be yours to control (other than the legally taxable part). You will have as much cash per month as a person making around $4500 to $5000 a month because they need to make mandatory CPF contributions as a normal employee.
So in terms of the money, you definitely can make a full time income as a private piano teacher in Singapore. Of course, you will need to get a steady flow of students, as no matter how good you are, there will be some students who will graduate from Grade 8 or Diploma level, or simply stop learning entirely. If you are considering a full time or part time job as a self employed music teacher in Singapore, then consider applying to a private piano teacher-student agency in Singapore to get yourself kickstarted and have a steady inflow of students so you never need to worry about getting enough students! Of course, you also need to be a good teacher while they take care of your marketing otherwise you will not get many students as they will be afraid of recommending to you if you are a bad teacher.