MBA In Singapore: Check Eligibility, Fees, & Top Universities
Singapore is a major South East Asian city known as the financial centre. This city is not only great for visiting, but its educational programs are also quite valuable. For international students, Singapore is also considered one of the best destinations to study. It offers world-class education from its recognized universities, guaranteeing students their career prospects worldwide.
The top universities of Singapore offer numerous courses, out of which one of the most prestigious courses is the MBA (Master of Business Administration). Singapore is one of the most preferred destinations for MBA students. This is because Singapore is competitive and has a wholly developed economy. This factor provides quality education to the students and brightens their career opportunities.
MBA in Singapore Highlights
Doing an MBA in Singapore proves to be very beneficial because more than 25 MBA colleges in Singapore offer MBA courses. The duration of these MBA courses ranges from 12 months to 24 months, depending upon the type of MBA program.MBA in Singapore offers a high-quality educational curriculum under the mentorship of highly qualified and skilled professionals, flexible MBA programs, and strong career prospects.
Around 80 thousand international students from 120 different countries come to Singapore, which makes Singapore a standard educational destination worldwide.MBA in Singapore offers a flexible educational program for Indian students, where a student can complete the program in about 2 years. For Indian students, the fee for a complete MBA program ranges around 50 lakh rupees, which may vary from college to college.
Why Study MBA In Singapore?
Studying for an MBA in Singapore could be rewarding for international students. Although top-end quality, flexible program options and major career options are some of its major highlights, there are also other benefits, such as:
- English as a mode of program and communication
More than 20 languages are spoken in Singapore, English, along with being the primary teaching method in Singaporean colleges, also plays a primary role in communication. - Easy Visa Procedure
Obtaining a visa for Singapore is not a tough deal. The visa application, applied via students, gets linked to the University, which acts as a central body on behalf of students. - Strong Career Prospects
Singapore offers high job opportunities for students. It is more rewarding for Indian students to study for an MBA in Singapore because of government policies. It states that students pursuing an MBA from Singapore must stay there and work for 3 years in government-funded institutions.
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Top MBA Colleges In Singapore With Fee Structure
| University | 1st-Year Tuition Fees (Approximate) |
| National University of Singapore | USD 75,000 OR INR 60 Lakhs |
| Nanyang Business School | USD 60,000 OR INR 50 Lakhs |
| Singapore Management University | USD 54,000 OR INR 45 Lakhs |
| INSEAD – Singapore | USD 75,000 OR INR 60 Lakhs |
| London School of Business and Finance | USD 14,000 OR INR 12 Lakhs |
Eligibility Criteria For MBA In Singapore
There are several requirements an international student is required to fulfil. Applicants may also be asked to submit some English proficiency scores apart from academic requirements. You can sort them out in the section ahead.
- An applicant must have a bachelor’s degree in the related field of study
- In some of the top Universities in Singapore for MBA, students are required to submit GMAT/GRE scores for admission
- International students must appear and qualify for English Proficiency Tests such as IELTS / TOEFL /PTE, along with a personal interview
- Candidates must have a work experience in related field for at least 2 – 3 years
- Students must need to obtain a student pass (student visa for Singapore)
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Documents Required To Apply For MBA Admission In Singapore
For MBA admission in Singapore, students must submit an online application to be eligible and attach all the relevant documents. Here’s some information on the documents needed to study MBA in Singapore.
- A Valid Passport
- Letter Of Recommendation
- Financial Documents
- Statement Of Purpose
- Loan Documents
- Updated Resume
- GMAT / GRE Score (mandatory in some Universities)
- Application For Admission
- Extra Supporting Documents (if asked)
Work Permit After Studying MBA In Singapore
MBA in Singapore Colleges for Indian students is again advantageous in this case. They are awarded LTBP (Long Term Visa Pass) if they have obtained degrees from institutes listed in the Institutes of Higher Learning (IHL). To apply for LTBP, a candidate must have a valid stay of 10 days left on existing visa . It may cost an a fee of approximately USD 40 or INR 3200.
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MBA in Singapore Fee Structure
Singapore’s wholly developed economy allows students to experience high end infrastructure, cutting-edge technology, and a vibrant business environment. Such factors make an MBA in Singapore fee a bit costly. These costs can be lowered if a student secures a scholarship from a university in Singapore. Although some universities offer MBA programs in small amounts, on average, the first-year cost for an MBA in Singapore ranges around USD 60,000.
On the other hand, the cheapest University for an MBA in Singapore is the London School Of Business & Finance, which offers a first-year program for approx. USD 15,000. MBA in Singapore for Indian students fees may vary from college to college, but, in an estimation, Indian students need to pay around 13 Lakhs minimum for the first year or around 50 Lakhs as the maximum.
MBA Admission Process In Singapore
MBA admission in Singapore is a straightforward procedure. Most Universities allow students to complete their admission forms online, attach documents and then submit them along with the fee. However, there are minimal steps to do so; here is a brief on the MBA Admission Process for Singaporean Universities.
- Students must highlight some of the best Universities and select one.
- If the University offers online application submission from its official website, visit the application module.
- Fill up the form, entering all the information correctly
- After your application is approved, you will receive a letter about the interview schedule.
- After your interview, you will receive an acceptance letter if you get selected.
- Now, you may begin your journey.
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MBA Scholarship In Singapore
MBA in Singapore is, however, rewarding, but its only drawback is its cost. Students are required to pay enormous amounts for studying as well as living. They can lower these amounts if they become eligible for scholarships.Students are also offered scholarship opportunities where they may apply for the same and obtain some highly rewarding scholarships. You can look at some of the most popular scholarships awarded by MBA colleges in Singapore.
- Go Clean Scholarship
- BrokerFish International student scholarship
- Global Study Awards
- The Financial Sumo Educational Scholarship Program
- University specific scholarships
MBA Jobs & Salaries In Singapore
Students show a deep concern regarding jobs and salaries in Singapore. After pursuing an MBA from Singapore, individuals have many sectors to work. Here’s a quick highlight on MBA jobs & wages in Singapore.
College Name | Average Salaries (Annual) |
National University of Singapore (NUS) | USD 1,10,000 or INR 92 Lakhs |
Nanyang Technological University | USD 1,02,000 or INR 86 Lakhs |
Nanyang Business School | USD 1,16,000 or INR 98 Lakhs |
James Cook University | USD 35,000 or INR 30 Lakhs |
Top Recruiters: Amazon, Apple, Citibank, Microsoft, PwC, Deloitte, Dell Technologies, Johnson & Johnson, Rolls Royce, Accenture, Barclays Bank, ABB, ABN Amro Bank, JP Morgan Chase, McKinseyCompany etc.
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Frequently Asked Questions
Yes, an MBA in Singapore is ultimately worthy and even highly rewarding. Postgraduate students can get engaged in the jobs soon after completing their studies in Singapore.
Yes, an MBA from Singapore is valid in India.
- National University of Singapore
- INSEAD Business School
- Nanyang Business School
- Singapore Management University
The cost of studying for an MBA in Singapore may vary from college to college, but, on average, a student must spend USD 60,000 or INR 50 lakhs as a fee for the first year.
Yes, international students can apply for scholarships and are awarded the same.
Yes, an MBA in Singapore is better than an MBA in India.
An MBA graduate in Singapore makes around USD 1.00,000 yearly or INR 80 Lakhs.
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