MBA in Singapore for International Students in 2024: Universities, Eligibility, Scholarships and More
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Table of Contents
- Why Study MBA in Singapore?
- Top 10 Universities to Study MBA in Singapore
- MBA Courses in Singapore
- Singapore MBA Requirements: Eligibility Checklist
- Documents Required for MBA Applications in Singapore
- Application Process for MBA in Singapore
- Scholarships to Study MBA in Singapore
- Visa Process to Pursue MBA in Singapore for Indian Students
- Jobs After Pursuing MBA in Singapore
- Study Abroad Assistance with ÿմ
Pursuing an MBA in Singapore is one of the best decisions you can make. As a leading financial hub of Southeast Asia with a highly competitive economy, Singapore is a top choice for students worldwide. With abundant job opportunities and top-tier business schools, it's particularly popular among Indian students looking to study abroad.
Let's dive in and explore everything you need to know before applying for the course!
Why Study MBA in Singapore?
There are several reasons for you to pursue your master of business administration in Singapore. Below we have listed some compelling reasons, as to why Singapore is the perfect destination to build your career in MBA
- Pursuing an MBA in Singapore can significantly enhance your career opportunities and boost your earning potential by up to 50%
- The student visa application process for Singapore is simple and can be completed online
- Singapore places a high emphasis on education, dedicating 19.96% of its total expenditure to this sector, with 35.28% allocated to higher education
- With over 80,000 international students from more than 120 countries, Singapore is known for its vibrant cosmopolitan atmosphere
- Home to some of the world’s top companies, Singapore offers excellent job prospects for MBA graduates, especially in finance, technology, and consulting
Top 10 Universities to Study MBA in Singapore
Singapore has some of the best universities for MBA, which provides students with an understanding of global business practices, strategy development, and leadership skills.
Let us take a look at some of the top universities for MBA degrees in Singapore
University | Duration | Tuition Fees (SGD) | Tuition Fees (INR) |
---|---|---|---|
INSEAD Asia Campus | 10 months | $98,500 | ₹6,071,540 |
National University of Singapore (NUS) | 17 months | $94,730 | ₹5,839,157 |
Nanyang Technological University (NTU) | 12 months for the full-time course with three trimesters. 18 months for the part-time program | $69,550 | ₹4,287,062 |
Singapore Management University(SMU) – Lee Kong Chian School of Business | 12 months for the full-time program and 18 months for the part-time course | $70,200 | ₹4,327,128 |
SP Jain School of Global Management | 1 year for the full-time courses and 16 months for the part-time programs | $50,079 | ₹3,086,870 |
ESSEC Business School | 12 months | $77,920 | ₹4,802,989 |
James Cook University, Singapore | 1 year for the full-time courses and 16 months for the part-time programs | $38,520 | ₹2,374,373 |
LSBF Singapore | 13 months (full-time courses) and 18 months (part-time courses) | $62,000 | ₹3,821,680 |
Rutgers Singapore | 14.5 months for the Executive MBA program | $78,000 | ₹4,807,920 |
Management Development Institute of Singapore (MDIS) | 12 months | $40,554 | ₹2,499,749 |
Check out: List of Top 10 MBA Colleges in the World 2024
MBA Courses in Singapore
Now, that we have listed the best MBA colleges in Singapore, let us take a look at the MBA course specializations offered in the top institutes
- MBA in General Management
- MBA in Finance
- MBA in Business
- MBA in Marketing
- MBA in Hospitality
- MBA in Human Resources
- MBA in International Business
- MBA in Supply Chain
Singapore MBA Requirements: Eligibility Checklist
To pursue an MBA in Singapore, Indian students must meet several eligibility criteria. These requirements are essential for admission to Singapore universities and colleges. Here are the key criteria:
- Bachelor's Degree: Applicants must have a bachelor’s degree from a recognized institution or university with a minimum score of 2.8 CGPA.
- English Language Proficiency Test: Non-native English speakers must present their English language scores. This includes an IELTS score of 6.5 or a TOEFL iBT score between 85-100 out of 120.
- Work Experience: Some universities require a minimum of 2 years of work experience. However, some universities offer MBA programs without this requirement.
- Singapore Student Pass (Visa): Students must be enrolled in a full-time course to apply for a student visa, known as a "Student Pass." Part-time courses and evening/weekend classes are not eligible. If transferring to another school before collecting the Student Pass, a new application must be submitted.
Documents Required for MBA Applications in Singapore
When applying for an MBA in Singapore, you will need to provide several documents. Initially, you'll send scanned copies and present the originals upon admission.
Here are the list of required documents
- Receipt of application fee payment
- Student Pass (for non-Singapore citizens)
- Passport
- Previous academic records
- Tuition grant or financial aid application
- Documents for co-curricular activities, awards, and recognition
- Medical reports
- GMAT/GRE/TOEFL/IELTS scores (as required by the university)
- Passport-sized photographs
- Study loan and other financial documents
- Essays/Statement of Purpose, Letters of Recommendation, and Resume (per university guidelines)
- Scholarship Essay (Optional)
Singapore is one of the best country to study for international students, know why in this blog Best Country to Study an MBA and Settle for Indian Students
Application Process for MBA in Singapore
To apply for an MBA in Singapore, international students must follow these steps
Step 1: Select Universities: Choose the top universities in Singapore where you wish to apply for an MBA.
Step 2: Online Application: Most Singapore universities offer online application forms. Download and fill out the application form from the university's website before the deadline.
Step 3: Submit Documents: Gather and submit all required documents along with the application form, ensuring you meet the submission deadline.
Step 4: Await Approval: Once your application is reviewed, you will receive an email from the university regarding the interview schedule.
Step 5: Prepare for Interview: Prepare thoroughly for the interview rounds as per the university’s requirements.
Step 6: Receive Acceptance: If you are selected, you will receive an acceptance letter via email. Confirm your acceptance and submit the tuition fees.
Step 7: Apply for a Student Visa: Apply for a student pass and plan your journey to Singapore.
Scholarships to Study MBA in Singapore
While pursuing an MBA in Singapore is reasonably affordable, the living expenses and additional costs can add up, making the program more expensive.
To significantly lower these expenses, applicants can consider the following scholarship options
Scholarship | Eligibility Criteria | Scholarship Award |
---|---|---|
Go Clean Scholarship | Submission of an article on environmental sustainability | $4,740 (Once per academic year) |
BrokerFish International Student Scholarship | Applicable to MBA students in Singapore universities | $1,354 |
Global Study Awards | Merit-based, awarded to two MBA students in Singapore annually | $13,543 |
The Financial Sumo Educational Scholarship Program | Awarded to deserving MBA student in Singapore each academic year | $1,354 |
Nanyang Scholarship | Available for students of NTU-University Scholars Program | $8,801 per year + full tuition coverage |
INSEAD Antonio Borges Endowed Scholarship | For MBA students or interviewees at INSEAD's France Campus | $15,281 |
NUS MBA Study Awards | For students accepted into the chosen NUS research program | Full Tuition Fees + Monthly stipend of $1,500 for master's students |
Visa Process to Pursue MBA in Singapore for Indian Students
To apply for a student visa in Singapore, you need to follow the below steps, Typically, your student visa application for Singapore is processed within 10 days from the date of submission.
- Institute Application: Your Institute of Higher Learning (IHL) will submit your visa application on the Student’s Pass Online Application and Registration (SOLAR) website. They will provide you with a reference number.
- Access SOLAR: Use the reference number to log in to SOLAR and submit and . Ensure you have the following details ready: passport number, expiration date, SOLAR registration receipt, address and contact details in Singapore, email address, and a passport-sized photograph.
- Form Review and Fee Payment: Review your application form and pay the processing fee of SGD 30.
Jobs After Pursuing MBA in Singapore
Upon completing your MBA in Singapore, top hiring companies include Google, Meta, Accenture, Apple, Capgemini, Uber, and Gartner. These companies are looking for job roles as given below with competitive annual salaries in SGD and INR.
Occupation | Salary in SGD | Salary in INR |
---|---|---|
Account Executive | $84,960 | ₹5,234,386 |
Account Examiner | $51,600 | ₹3,179,076 |
Affiliate Manager | $108,120 | ₹6,661,273 |
Administration Manager | $103,680 | ₹6,387,725 |
Compensation Analyst | $127,200 | ₹7,836,792 |
Strategy Manager | $222,500 | ₹13,708,225 |
Business Development Manager | $102,000 | ₹6,284,220 |
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Choosing to pursue an MBA in Singapore can be a transformative decision for your career. As a leading financial hub with world-class business schools and abundant job opportunities, Singapore offers an enriching environment for students.
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Frequently Asked Questions
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