Updated on May, 23 2024 06:55 IST
MBA in Singapore
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Are you looking to study MBA in Singapore? Then you are in the right place. You will learn about the best MBA universities in Singapore that offer the best faculties, programs, and study culture. Singapore is one of the most recognized countries for education in the globe. It is also one of the smartest and safest cities for tourists, students, and professionals. That's why Indian students flock in large numbers to study in this island nation. Most Singaporeans are bilingual and are fluent in English. Plus, there are multiple places to visit in and around Singapore. No matter your interests, you will find something to cherish during your stay in Singapore. It offers an outstanding education program and has three different types of schools. So, students will have a lot of options to choose their specialization. Overall, Singapore is one of the best countries to study, work, and enjoy a chilled-out life.
| TOEFL or IELTS | Required |
| Course Duration | 10-12 months |
| Top Specializations | General Management, International Business, Finance, Marketing, Human Resources, Supply Chain, Hospitality |
| Eligibility | Bachelor's degree, GMAT+GRE, work experience |
There are several top business schools in Singapore offering the best education for MBA -
National University of Singapore (NUS)
INSEAD
Singapore Management University(SMU)
James Cook University
James Cook University
SP Jain School of Global Management
Nanyang Institute of Management
PSB Academy
Amity Global Institute
ESSEC Business School
London School of Business & Finance (LSBF) - Singapore Campus
There are countless reasons to love this garden city, from its well-structured urban planning to its fast-paced economic development and its status as one of the safest countries in the world.
Singapore has a reputation for academic excellence in Asia and across the world.
Singapore is an economic powerhouse and has excellent connections with business conglomerates worldwide.
Singapore is a multicultural society where people respect different religions, races, and cultures.
Singapore is ranked as the best city in Asia with the highest human development index.
It is the second safest city globally, and laws are pretty strict. So, international students will have a conducive environment to study.
Singapore has a stable socio-economic environment and is extremely tech-savvy and well-informed.
English is one of the official languages in Singapore, and most citizens are fluent in the language.
The universities' fees are lesser than the USA and UK to get quality education at affordable rates.
Singapore may be a small country, but it is rich in different cultures that you likely will be curious to experience. See diverse ethnicities, religions, food, architecture, and cultures blend in one place.
There are no capitation and donation charges for MBA courses in Singapore.
Singapore is often a considerable option for studying business because of its popularity as innovative and competitive.
The MBA syllabus is equivalent to the USA, UK, Germany, China, and other advanced countries.
You will experience more than just academic life. The people of Singapore are known to be social, and it is easy to make friends in no time.
Singapore provides a high standard of living for students and families throughout the country.
Although English is the official language, Singaporeans have their unique version known as Singlish. It is a blend of Malay, Tamil, Hokkien, Mandarin, and English.
An MBA from Singapore is highly-rated all over the globe. Plus, you will have the chance to choose from multiple specializations across a broad spectrum of study patterns. Some of the best specializations offered here include:
MBA Automation and Robotics
Master's Degree in Marketing and Communication
Master in Finance
MBA in Hospitality Management
MBA in International Management
MBA in Property Management
Master in Insurance & Risk Management
MBA in International Business
MBA in Marketing Management
Plus, you can choose from different learning modes like
Online MBA
Fast-track MBA
Executive MBA
Part-time MBA
For pursuing an MBA in Singapore, you will need:
A bachelor's degree from a recognized university
You must be at least 18 years of age before you apply
Minimum two years of work experience
Minimum 2.8 CGPA at the graduation level
TOEFL score only for candidates who haven't studied English at the undergraduate level
Submission of original degree
Work experience certificate for Executive MBA
You would need the following documents:
Original certificates of graduation degree
Letter of recommendation from professors
Statement of purpose
Photocopy of passport
Proof of bank accounts in Singapore branches
Details of your stay in Singapore
Relevant work certificates (optional)
Polish universities normally contain three admission intakes every year:
September Intake - Intake for the autumn semester
October Intake - October intake for the fall semester
January Intake - February intake for the spring semester.
There are multiple course durations in Singaporean universities. However, most regular MBA programs are two years. Besides, you can also opt for fast-track and executive MBA programs that will take one year to complete.
| DURATION | UNIVERSITY | SPECIALIZATION |
|---|---|---|
| 10-12 MONTHS | INSEAD | Full time MBA, Executive MBA, Dual Degree |
| Singapore Management University | Full time MBA, Part-time MBA, Executive MBA | |
| Nanyang Institute of Management | Full time MBA, Part-time MBA, Executive MBA, Dual Degree | |
| London School of Business and Finance | MBA, Full Time MBA | |
| 16-18 MONTHS | James Cook University | Full time MBA, Part-time MBA, Dual Degree |
| National University of Singapore (NUS) | MBA, Executive MBA, Dual Degree |
The first step is filling in the application form that needs to be done online.
In the next step, you will need to submit scanned copies of the passport and all other necessary documents, along with four essays.
Now, you need to wait to collect the letter of admission issued by the university after submitting the form.
The immigration would start after you get the admission confirmation from the university.
You need to approach the Singapore embassy or consulate after receiving the university's invitation letter.
The next step involves the application for a Singapore student visa.
After receiving the visa, you are all set to pursue your dream of studying MBA in Singapore in your chosen university.
You will need at least one of the following exams if you want to study in Singapore:
TOEFL (Test of English as a Foreign Language) score of 90.
IELTS (The International English Language Testing System) score of 6.5.
You don't need GMAT or GRE scores to study MBA in all Singapore universities. Some universities like James Cook, EASB Institute of Management, and Nanyang Technological University don't require a GMAT score.
The cost of studying MBA in Singapore varies from $15000 to $30000 Singapore dollars, which can scale up depending on the university's standard.
The fee structure of an MBA in Singapore varies according to the school you choose to study. Let us look at the tuition fees of some B-schools and management institutes in Singapore.
| BUSINESS SCHOOLS | FEES |
|---|---|
| Singapore Management University | INR 43.2 lacs |
| INSEAD Singapore | INR 83.2 lacs |
| James Cook University | INR 25 lacs |
| Nanyang Institute of Management | INR 15 lacs |
| London School of Business and Finance | INR 12.14 lacs |
| National University of Singapore (NUS) | INR 35 lacs |
| PSB Academy | INR 18.5 lacs |
| SP Jain School of Global Management | INR 20.9 lacs |
| Amity Global Institute | INR 12.14 lacs |
| ESSEC Business School | INR 40.4 lacs |
You will require a Singapore Type visa to study as an international student. After your arrival, you will have 60 days to obtain a residency permit. You will need to submit the documents to a residency bureau or exit-entry administration.
Apply through SOLAR with course duration, DOB, course dates, and application reference number
Submission of eForm 16 by a student.
Singapore address and contact details
Submit the application in person or with a travel agent
Valid passport for 2 years
One passport size photograph
Proof of legal status in your country
Letters of recommendations from two recognized persons in Singapore
Various scholarships are awarded to international students coming to study in Singapore. It includes
INSEAD-Syngenta MBA Scholarships
Singapore International Graduate Award
Science and Technology Undergraduate Scholarship From NUS
Singapore Millennium Foundation Scholarship
You don't require a work permit to study in Singapore. Part-time jobs in Singapore are available for the students, but the law permits students to work four hours per day. A student can work for a maximum of 20 hours per week and three months of permanent work during the holidays with a student visa.
Language is not a big issue in Singapore. English is the official language, and most Singaporeans are fluent in a hotchpotch version of English known as Singlish. So, if you can mix a bit of Mandarin, Malay, And English, you are all set to rock Singapore.
There are top B-schools in Singapore that offer full-time MBA programs that include:
Warsaw University of Technology Business School
Warsaw School of Economics
The Gdansk University of Technology
Many universities offer part-time MBA programs, including
London School of Business & Finance (LSBF)
Amity Global Institute
ESSEC Business School
If you don't know English, it can be a problem in Singapore. For convenience, you should also learn a bit of Tamil, Malay, and Mandarin Chinese to speak and jam with the locals.
Singapore is one of the less difficult places to find a job as an MBA graduate. It is a booming market, and you will find plenty of opportunities, including:
| JOBS | EXPECTED ANNUAL SALARY |
|---|---|
| Business Consultant | 83,900 USD |
| Business Development Manager | 96,800 USD |
| Product Manager | 79,200 USD |
| General Manager | 104,500 USD |
| Accounting Manager | 92,600 USD |
| Assistant Development Manager | 74,300 USD |
| Manager | 112,000 USD |
Singapore is a great place to study MBA for Indian students. It has a strong presence in TMT (technology, media, and telecommunications) sectors. For Indian students, it is an emerging destination. Researchgate stats say that 40% of international students in Singapore are from the Indian subcontinent, and that 65% of international students in Singapore are from India. Singapore is one of the best countries to study business management in Asia. This is due to its world class educational institutions, high-quality services and safe environment that is highly attractive to students. Studying in Singapore is said to be the best decision for obtaining a quality education.
Meal for two at an inexpensive restaurant - Rs 2000
Regular grocery - Rs 800
One-way ticket (local transport) – Rs 100
Monthly-pass - Rs 6000
One-bedroom flat rent - Rsm1,20,000
Singapore is close to India, and if you are planning to study MBA there, you will need certain preparations. You must also note that the country is very disciplined, and that's why you need help to understand the formalities. An overseas consultant brings their profound skills, knowledge, and resources to the table. Singapore is emerging as a global destination to study business. So, you can take help from premium consultancies like Anigdha, who have established numerous centers around Singapore to ease the onboarding process for the students. In addition, you will receive these benefits:
Consultation: Overseas consultants will smoothen out any complexities that may arise during the admission process. You will be dealing with experienced consultants who will make it easier for you to enroll and settle in Singapore.
Shortlisting: You will be dealing with transparent educational partners throughout your study in Singapore. We will help you shortlist the best universities for you!
Application Documentation: Consultancies like Anighdha specialize in business administration and provide all information regarding admission.
Application: We will help you and apply to the top universities on your behalf.
Interview: Consultancies have tie-ups with top universities in Singapore; therefore, we know how to prepare you for interviews with mock rounds.
Financial Guidance: You will get details about the fee structure, requirements, and living in Singapore. Processing fees can be paid using easy EMI's
Visa: We also alleviate your worries when it comes to visa application.
Fee Range: The fee ranges between INR 25 lakh to INR 50lakh, depending on the university.
Work Experience Requirement: You will need a VISA and sponsor letter to work in Singapore. Work experience is mandatory while doing an MBA.
GMAT/GRE - You don't need a GMAT score to study in Singapore.
Apply - The timeline to apply for an MBA in Singapore is between April to October.
Work after study: You will find many jobs if you know English.
Completing an MBA from a B-school is costly. So, here are a few cheap MBA colleges you can consider:
Kaplan Singapore - INR 12 lakh
Singapore Management University - INR 10 lakh
Located at the southern tip of Malaysia, the island nation of Singapore is known for its beautiful beaches, rocking nightlife, social culture, and top-ranked economy. Although a small country, Singapore has everything that tourists want to explore. It is also known as Lion City and is filled with delightful culinary experiences. Temperatures in Singapore are consistent throughout the year, and you can visit this beautiful destination any time of the year. Getting around the country is easy if you take the Mass Rapid Transit or MRT. It is also extremely affordable and costs around SGD 4. Singapore is a melting pot of culture with people from different nationalities working or living here. You can explore the award-winning Singapore Zoo and Rainforest Lumina, Sentosa Island, Universal Studios, Orchard Road, Gardens By The Bay, and many museums. Singapore is a great destination that triggers the traveler inside you and encapsulates everything from virgin forests to artificial parks.
| Official Language | English, Malay, Tamil, Mandarin Chinese |
| Capital | Singapore |
| Climate | Warm and tropical |
| Largest City | Singapore |
| Currency | Singapore Dollar |
| Population | 56.1 lacs |
Can You Study For Free In Singapore?
Free education is only accessible to national and local students in Singapore. However, international students need to pay the fee required to study here.
What Are The Different Types Of Universities In Singapore?
There are various educational institutes in Singapore like public universities, polytechnics, management institutes, and foreign university campuses.
What's The Course Duration At Singapore Universities?
Most courses for MBA in Singapore are around 10 months to 24 months, and you can choose from executive, part-time, and online programs.
What Is The Volume Of Indian Students?
There are hundreds of Indian students who apply and study in Singapore. It contains a mix of both UG and PG students.
Do Universities Accept Year Gaps?
Yes, a few universities in Singapore accept year gaps. But a student's year gap with appropriate work experience is mostly given a greater focus than a year without any work background.
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