$('select').on('change', function() {
alert( this.value );
});
<script src="https://ajax.googleapis.com/ajax/libs/jquery/2.1.1/jquery.min.js"></script>
<select>
<option value="1">One</option>
<option value="2">Two</option>
</select>
Script/Jquery code
---------------------------------------------------
$('#selectChange').on('change', function() {
alert( this.value );
});
HTML PART
---------------------------------------------------
<script src="https://ajax.googleapis.com/ajax/libs/jquery/2.1.1/jquery.min.js"></script>
<select id="selectChange">
<option value="1">One</option>
<option value="2">Two</option>
</select>