MBA in Singapore: Top Universities, Ranking, Fees, Requirements
MBA in Singapore
Study MBA in Singapore: Singapore is one of the major financial centres of Southeast Asia, and its competitive economy makes it one of the most sought-after educational destinations for international students looking to study abroad. World-class education, job opportunities, quality infrastructure, excellent health care, and international diversity attract students from all over the world to pursue higher education in Singapore.
With the top universities in Singapore offering Masters of Business Administration (MBA) programs, Singapore is one of the most preferred destinations by MBA applicants. A highly competitive and well-developed economy and the availability of multiple job opportunities are some of the reasons why many students from all over the world apply for an MBA in Singapore. International students come to Singapore not only to study abroad but also to get exposure to an ind
Study MBA in Singapore: Singapore is one of the major financial centres of Southeast Asia, and its competitive economy makes it one of the most sought-after educational destinations for international students looking to study abroad. World-class education, job opportunities, quality infrastructure, excellent health care, and international diversity attract students from all over the world to pursue higher education in Singapore.
With the top universities in Singapore offering Masters of Business Administration (MBA) programs, Singapore is one of the most preferred destinations by MBA applicants. A highly competitive and well-developed economy and the availability of multiple job opportunities are some of the reasons why many students from all over the world apply for an MBA in Singapore. International students come to Singapore not only to study abroad but also to get exposure to an industry-focused curriculum and easy access to international networks.
MBA in Singapore Highlights
More than 25 MBA colleges in Singapore are there that are offering MBA courses. The duration of the MBA course varies from college to college, however, a majority of them have a duration of 12 months or between 13 - 24 months. Check some of the important points for MBA in Singapore from the table given below:
| Particulars |
Statistics |
|---|---|
| Total number of MBA Colleges in Singapore |
Approximately 25+ MBA colleges |
| MBA cost in Singapore |
|
| Top Specialisations |
International Business, Finance, Marketing, Human Resources, etc. |
| Admission Process (Subject to university) |
Bachelor’s Degree + GMAT/GRE scores + IELTS/TOEFL score + Statement of Purpose (SOP) + Letter of Recommendation (LOR) + resume + work experience |
Also, Read
Top-Ranked MBA Colleges in Singapore
From this section, students can get an idea about the top MBA colleges in Singapore. Listed below are the latest rankings by QS and Times Higher Education:
| Universities |
QS Global MBA Rankings 2024 |
THE World University Rankings 2024 by Subject: Business & Economics |
|---|---|---|
| #24 |
#15 |
|
| #34 |
#38 |
|
| #43 |
N/A |
|
| #251+ |
N/A |
Top MBA Colleges in Singapore: Financial Times Rankings 2024
There are a few MBA colleges in Singapore that have been ranked by Financial Times in 2024. These include the National University of Singapore, Nanyang Technology University, SP Jain School of Global Management, etc. Given below are the rankings by Financial Times MBA for the year 2024:
| University |
Financial Times MBA Rankings 2024 |
Financial Times MBA Rankings 2023 |
|---|---|---|
| National University of Singapore |
#27 |
#25 |
| Nanyang Business School |
#32 |
#38 |
| Singapore Management University |
#72 |
#61 |
Top MBA Specialisations in Singapore
One of the top specialization of MBA in Singapore opted by international students is MBA in Finance. Other MBA specializations are:
| MBA in International Business |
MBA in Project Management |
| MBA in Hospitality |
MBA in Human Resources |
| MBA in Sales & Marketing |
MBA in Transport & Logistics |
| MBA in Business Analytics |
MBA in Supply Chain |
Cost of Studying MBA in Singapore
This section will brief you on the average cost of studying MBA in Singapore and the cost of living in Singapore for international students. The average first-year cost of studying MBA in Singapore is in the range of INR 10 Lakh-INR 30 Lakh. The average cost of living in Singapore is SGD 1,542 (Around INR 94k). Candidates should that the living cost is entirely subjective to the lifestyle and accommodation opted by the candidate. MBA in Singapore for Indian students fees for the top-ranked MBA colleges in Singapore are given below:
| University |
1st-Year Tuition Fees |
|---|---|
| National University of Singapore |
INR 58.36 L |
| Nanyang Business School |
INR 50.37 L |
| Singapore Management University |
INR 43.25 L |
| INR 61 L |
|
| INR 12.32 L |
Student Visa Cost for Singapore
Once the candidate has received his admission letter from the university or college he is required to apply for a student pass to enter Singapore or a Singapore Study Visa. Students looking to apply for a Singapore Study Visa must submit their visa applications through the Student’s Pass On-Line Application & Registration (SOLAR) system on the Immigration and the CheckPoint Authority (ICA) - Singapore portal. Applicants wishing to apply for a Singapore Study Visa are required to pay a processing fee of $30 Singapore Dollars or INR 1,841 approx for every application submitted to the ICA. (1SGD: INR 61.51)
Students are also required to pay an issuance fee of $60 or INR 3,685 approx on every student pass issued and a further S$30 multiple-entry visa fee. The entire process can usually take anywhere between 3 to 4 weeks for documents to be processed and for the Singapore student visa to be issued, hence candidates should apply early to avoid any unnecessary delays. Candidates looking for assistance with applying to Universities in Singapore can also get in touch with our Shiksha Study Abroad Counsellors on the same.
MBA Requirements for Singapore – Eligibility Criteria
The applicants are required to meet all the entry requirements in order to take admission to any MBA college in Singapore. Apart from the academic requirements, the applicants are required to also submit the English language proficiency score. Below-given are the entry requirements for the same:
- Candidates must have a bachelor’s degree in a related field of study
- Most universities require GMAT/GRE scores for admission
- To pursue MBA in Singapore, students must appear in English proficiency tests such as IELTS, TOFEL, and PTE; followed by a personal interview conducted by some universities.
- Candidates will also be required to have a minimum of 2-3 years of work experience (subject to the university admission criteria) for applying to MBA programs across universities in Singapore.
Work Permit after Studying MBA in Singapore
A long-term Visit Pass (LTVP) is awarded to Indian students who have obtained their certificate/degree from a listed Institutes of Higher Learning (IHL). The student must have a valid stay of 10 days left to apply for an LTVP. The student must pay an additional fee of $40 when the valid Visit Pass has been issued for a period of 3 months or more from the date of first entry/issuance of the pass and every subsequent 3 months thereafter. When a student gets a job, the employer will then apply and get a Work Permit for that person. The LTVP in question has a duration of up to two years, depending on the reason you are applying.
MBA Scholarships for Singapore
One of the major drawbacks of studying abroad is the high cost of studying combined with exorbitant living expenses on a day-to-day basis. However, candidates who are unable to cover the entire cost of studying abroad can look to scholarships and education loans to finance their education. While there are a number of merit-based scholarships on offer on the official websites of individual universities for applicants. Candidates can also check out a comprehensive list of scholarships on our website.
Education Loan for Singapore: Not everyone would qualify for a scholarship. So what do you do then? Candidates can apply for an education loan to make their dreams of studying abroad a reality. Candidates can check out our Education loan finder to understand more about education loans for studying in Singapore. A few of the Singapore Universities that offer scholarships to MBA students are National University of Singapore, INSEAD-Singapore, and Embry-Riddle Aeronautical University – Asia.
Related Reads
MBA Jobs & Salaries for Singapore
In this section, we are going to be talking about top MBA universities in Singapore and their first-year tuition fees and the average salary students can expect after pursuing their MBA in Singapore.
| College Name |
Average Salaries (SGD) |
|---|---|
| National University of Singapore (NUS) |
$144,000 |
| Nanyang Technological University |
$134,000 |
| Nanyang Business School |
$153,000 |
| James Cook University |
$46,000 |
(Source: Emolument)
Top Recruiters for MBA in Singapore
In this section, we are going to be discussing the top employers based in each university who are looking out to offer MBA graduates from Singapore work opportunities upon completion of their MBA program in the country.
| National University of Singapore (NUS) |
Amazon, EY, Deloitte, Google, BCG, Dell, Deloitte, JP Morgan, Wipro |
| Nanyang Technological University |
Amazon, Apple, Citibank, Microsoft, PwC, Deloitte, Dell Technologies, Johnson & Johnson |
| Singapore Management University |
Accenture, Barclays Bank, ABB, ABN Amro Bank, JP Morgan Chase, McKinseyCompany, CITI Bank, KPMG, Microsoft |
| Management Development Institute of Singapore |
Rolls Royce, Shell |
| ESSEC Business School - Singapore |
Accenture, Amazon, EY, KPMG, PwC, Deloitte, Loreal |
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MBA in Singapore
We can fast-track your application in a week.
12.4K+ students got admitted through us.
Guided 7 students to Singapore universities.
We can fast-track your application in a week.
Guided 7 students to Singapore universities.
Commonly asked questions On MBA in Singapore: Top Universities, Ranking, Fees, Requirements
Q: Is Singapore good for an MBA?
Known for its best education system in the world, Singapore has some of the MBA universities in the world for international students. According to QS Best Students Cities ranking, Singapore ranked among the top 20 best students cities in the world. Students get quality education at an affordable tuition fees.
Q: How much does an MBA in Singapore cost?
Singapore MBA colleges offer the best education to international students at low cost. Some affordable MBA universities in Singapore offer the Master of Business Administration programme even in less than INR 10 L. However, most of the universities have the tuition fee range between INR 20 L - INR 40 L. Check the range of MBA fees in Singapore for international students below:
Tuition Fees Range | No. of Universities |
|---|---|
Max INR 10 L | 2 |
Max INR 20 L | 18 |
Max INR 30 L | 22 |
Max INR 40 L | 24 |
INR 40 L+ | 6 |
Q: What are the entry requirements to study MBA in Singapore?
International students are required to meet the admission requirements to study MBA in Singapore. We have mentioned below the general entry requirements for students to study at top MBA colleges in Singapore:
- Undergraduate degree: A relevant bachelor’s degree with a minimum score of 50% is required in most universities to study MBA in Singapore.
- English language proficiency requirements: Submit the score of English language proficiency test. Universities in Singapore accepts the test scores of GRE or GMAT or PTE before taking admission into MBA in Singapore.
- A GMAT / GRE score: To gain admission into an MBA in Singapore, students must have a GMAT or GRE score.
- Work experience: Students must have at least 3 years of work experience in order to study MBA in Singapore.
Q: Is an MBA in Singapore worth it?
Singapore is one of the major financial centres of Southeast Asia, and its competitive economy makes it one of the most sought-after educational destinations in the world. B-Schools in Singapore offer many MBA courses that include special courses for students with a technical background. Flexible courses will give students time and the opportunity to earn extra money. A majority of the universities in Singapore have the tuition fees in the range of INR 20 Lacs – INR 40 lakh. Furthermore, there are a lot of specializations available for students who want to pursue MBA in Singapore. A few of the specializations that are available are Finance, International Business, Sales & Marketing, Human Resources, Business Analytics, Project Management, Supply Chain, etc.
Q: Would an MBA from Singapore be better than an MBA from India?
According to students reviews, it is good if a student pursue an MBA from Singapore than India. However, this totally depends on the institute in which admission has to be taken. If students have the budget to pursue an MBA from Singapore, then they should go for it. One can expect to pursue MBA from Singapore with the tuition fees of between INR 10 Lacs – INR 40 lakh. An MBA from IIM-A can cost around INR 20 Lacs + personal expenses. Also, according to Financial Times MBA Rankings 2024, NUS ranks at #27 position, whereas, IIM-Ahmedabad ranks at #41 position. Another thing that will be good for students if they are studying abroad is the exposure. A few of the reasons that makes Singapore a great destination for MBA studies are:
- High-quality and outstanding education
- Ample of scholarship opportunities available
- Vibrant cosmopolitan aura
- Global outlook, Asian connect
- International diversity
Singapore, SingaporePrivate12.4K+ students got admitted through us.
Collections often explored by students12.4K+ students got admitted through us.
Singapore, SingaporePublic12.4K+ students got admitted through us.
Commonly asked questions On MBA in Singapore: Top Universities, Ranking, Fees, Requirements
Q: Which country is better for MBA, Australia or Singapore?
Both Singapore and the USA are among the preferred choice for international students to study MBA abroad. If we compared them in terms of the highest number of MBA universities ranked under top 100 in the world, then the Australia has 5 universities while Singapore has only 2. Students can check the below table for more information:
Parameters | Australia | Singapore |
|---|---|---|
Number of Universities under Top 100 MBA universities in the world | 5 | 2 |
Tuition Fees Range | INR 10.7 L to INR 45.3 L | INR 5.6 L to INR 59.8 L |
Top University |
Q: Which are the top MBA universities in Singapore for international students?
Among all the MBA colleges in Singapore, National University of Singapore (NUS) is ranked at top in Singapore for MBA. Check the list of some top MBA universities in Singapore for international students below:
University | QS Global MBA Rankings 2024 |
|---|---|
National University of Singapore (NUS) | #24 |
Nanyang Technological University | #34 |
Singapore Management University | #43 |
SP Jain School of Global Management | 251+ |
Singapore, SingaporePrivate12.4K+ students got admitted through us.
Singapore, SingaporePrivate12.4K+ students got admitted through us.
Guided 7 students to Singapore universities.
Commonly asked questions On MBA in Singapore: Top Universities, Ranking, Fees, Requirements
Q: Can I do MBA in Singapore without GMAT?
International students have to submit their GMAT score to get admission to MBA program. Some universities in Singapore admit students in MBA programme without GMAT score. But, students are required to meet other entry requirements that include academic qualifications, work experience, language proficiency, and additional requirements.
Q: What is the cost of doing MBA in Singapore?
For a majority of MBA colleges in Singapore, the average tuition fee will be between INR 20 Lacs – INR 40 lakh. There are a few universities whose tuition fee is above INR 40 Lacs and below INR 10 lakh. Check the tuition fees for top ranked MBA Universities in Singapore from the table given below:
University | 1st-Year Tuition Fees |
National University of Singapore | INR 58.36 L |
Nanyang Business School | INR 50.37 L |
Singapore Management University | INR 43.25 L |
INSEAD - Singapore | INR 61 L |
Q: How are the B schools in Singapore? Which are the best ones for MBA? What is the eligibility criteria for the same?
There are various good business schools in Singapore. In the context of rankings, NUS MBA and then NTU MBA ranks very well in the Financial Times MBA 2024 rankings. National University of Singapore (NUS) MBA is very prestigious and recognised worldwide. As per the reviews on the unofficial sources, some of the best MBA colleges in Singapore are:
- National University of Singapore
- Nanyang Technological University
- James Cook University
- Singapore Management University
- INSEAD Singapore Campus
- PSB Academy
- FTMS Global Academy
- SP Jain School of Global Management
Q: Which MBA specialisation is in demand in Singapore?
The most in-demand specialisation for MBA applicants in Singapore is Finance and International Business. Apart from these two specializations, the other top MBA specializations are Human Resources, Sales & Marketing, Business Analytics, Project Management, Supply Chain, Transport & Logistics, Business & Economics, Public Policy, etc.
Singapore, SingaporePrivateWe can fast-track your application in a week.
We can fast-track your application in a week.
Singapore, SingaporePublic12.4K+ students got admitted through us.
Singapore, SingaporePrivateGuided 7 students to Singapore universities.
Singapore, SingaporePrivateGuided 7 students to Singapore universities.
Singapore, SingaporePrivateGuided 7 students to Singapore universities.
Singapore, SingaporePrivate12.4K+ students got admitted through us.
Singapore, SingaporePrivateGuided 7 students to Singapore universities.
Singapore, SingaporePrivateGuided 7 students to Singapore universities.
Singapore, SingaporePrivate12.4K+ students got admitted through us.
Singapore, SingaporePrivate12.4K+ students got admitted through us.
Singapore, SingaporePublicGuided 7 students to Singapore universities.
Singapore, SingaporePrivateGuided 7 students to Singapore universities.
Singapore, SingaporePrivate12.4K+ students got admitted through us.
Singapore, SingaporePublicWe can fast-track your application in a week.
12.4K+ students got admitted through us.
Guided 7 students to Singapore universities.
