MBA in Singapore: Top Universities, Ranking, Fees, Requirements
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
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 offer 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 |
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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 2025 |
THE Rankings 2024 by Subject: Business & Economics |
|---|---|---|
| #25 |
#15 |
|
| #36 |
#38 |
|
| #41 |
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:
| International Business |
Project Management |
| Hospitality |
Human Resources |
| Sales & Marketing |
Transport & Logistics |
| Business Analytics |
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 20 Lakh - INR 40 Lakh+. The average cost of living in Singapore is SGD 1,480 (Around INR 95k). Candidates should that the living cost is entirely subjective to the lifestyle and accommodation opted by the candidate. The tuition fees for MBA Universities in Singapore are given below:
| University |
First-Year Tuition Fees |
|---|---|
| NUS |
INR 19.67 L - 62.13 L |
| Nanyang Technological University |
INR 13.66 L - 54.94 L |
| INSEAD Singapore |
INR 62.33 L |
| SP Jain School of Global Management |
INR 30.65 L - 33.69 L |
| James Cook University, Singapore |
INR 24.13 L - 26.01 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 1,885 approx for every application submitted to the ICA.
MBA Requirements for Singapore – Eligibility Criteria
The applicants are required to meet all the entry requirements in order to take admission to any MBA colleges 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, TOEFL, 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
.According to Payscale.com, the average salary of an MBA graduate in Singapore is SGD 122,000 per year. Check out the industry-based average salary in Singapore.
| Profession |
Average Salary in Singapore Estimate (Annual) in SGD |
Average Pay in Singapore Estimate (Annual) in INR |
|---|---|---|
| Doctor |
99,159 |
64 Lakhs |
| IT Project Manager |
83,141 |
53.61 Lakhs |
| Business Development Manager |
71,728 |
46.25 Lakhs |
| Human Resource Manager |
70,667 |
45.57 Lakhs |
| Digital Marketer Manager |
68,670 |
44.28 Lakhs |
| Software Engineer (Computer Science) |
62,261 |
40.15 Lakhs |
| Finance Analyst |
58,862 |
38 Lakhs |
| Accountant |
52,272 |
33.71 Lakhs |
| Civil Engineer |
48,023 |
31 Lakhs |
| Graphic Designer |
33,869 |
22 Lakhs |
Source: PayScale
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MBA in Singapore
Guided 7 students to Singapore universities.
12.4K+ students got admitted through us.
Singapore, SingaporePublic
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. Some of the top ranked MBA Universities in Singapore are NUS, Nanyang Business School, INSEAD Singapore, etc.
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: 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 20 Lakh – 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
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: How much does it cost to study an MBA in Singapore?
The annual tuition fee to study for an MBA in Singapore is given as follows:
University | First-Year Tuition Fees |
|---|---|
NUS | INR 19.67 L - 62.13 L |
Nanyang Technological University | INR 13.66 L - 54.94 L |
INSEAD Singapore | INR 62.33 L |
SP Jain School of Global Management | INR 30.65 L - 33.69 L |
James Cook University, Singapore | INR 24.13 L - 26.01 L |
Q: What is the duration of MBA in Singapore?
The duration of an MBA in Singapore for a majority of the universities is 12 months. A few of universities' MBA course duration is 13-24 months. The top ranking MBA Universities in Singapore (QS Global MBA Rankings 2025) are NUS and Nanyang Business School. In the Financial Times, NUS ranks at #27 and Nanyang Business School ranks at #32 position in 2024.
Singapore, SingaporePrivateGuided 7 students to Singapore universities.
Singapore, SingaporePrivate12.4K+ students got admitted through us.
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12.4K+ 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: What is the salary of an MBA in Singapore in Indian rupees?
According to Payscale.com, the average salary of an MBA graduate is SGD 122,000 per year (Around INR 76.6 L). The popular companies who hire the MBA graduates in Singapore are Siemens, Amazon, Google, Citibank, United Overseas Bank, etc. As per Shiksha Study Abroad, the average earning in Singapore for a full-time worker is around SGD 70,000 per year (Around INR 43 L).
12.4K+ students got admitted through us.
Singapore, SingaporePrivateWe can fast-track your application in a week.
Singapore, SingaporePublic12.4K+ students got admitted through us.
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. Universities that require students to submit GMAT score are NUS, Nanyang Technological University, Singapore Management University, INSEAD - Singapore, etc. 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: Which MBA specialization is best in Singapore?
Some of the specializations for doing MBA from colleges in Singapore are:
- Finance
- International Business
- Human Resources
- Sales & Marketing
- Business Analytics
- Project Management
Q: How good is an MBA from National University of Singapore?
National University of Singapore (NUS) is one of the best and renowned Business schools across the globe and the oldest higher education institute in Singapore. Financial Times has ranked NUS MBA at #27 in MBA rankings 2024. As per the 2022 statistics, NUS MBA placement rate is 93%, within 3 months of graduation. The average post-MBA salary is USD 77,109. The top recruiters with whom NUS have strong relationships are Amazon, KPMG, Boston Consulting Group, EY, J.P. Morgan, McKinsey & Company, Microsoft, etc.
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