Looking to take up an MBA degree program from an international destination but unsure about the latter? Explore this article on MBA in Singapore and decide the next course of action.

MBA in Singapore

In a 2002 survey by The Economist, the quality of life of Singapore surpassed even the popular cities like London and New York. Even today, Singapore has done well in maintaining its reputation while striving to be at par with the world. And education has played a major role in making this happen. Also, Singapore serves as the strategic base for many multinational organizations who want to stay connected to rest of their business headquarters across Asia. Combine these two things together: high quality of education and a major business center; and you have thriving environment for pursuing the popular MBA degree program. The innovative teaching methodologies and a curriculum updated according the changing global scenario makes the experience truly international. And since these degrees are highly acknowledged by employers across the world, the experience extends beyond boundaries; offering you opportunities aplenty. For more information on MBA programs in Singapore, continue reading through the lines below.
Degree Recognition
The MBA degree gained from Singapore universities and institutions have worldwide reputation of being one of the best that is offered. Students who successfully complete the course raise their chances of a getting a high paying job in the international market.
Degree Structure
The MBA programs offered by Singapore universities are designed, not only to expose and acclimatize the students to the global business scenario but to enhance their soft skills along with the obvious: teaching theoretical concepts of business with innovative and practical approaches. With a bunch of compulsory core subjects, and elective subjects to choose from, these MBA programs are generally of 1-2 years of duration depending on the type and are taught in a global learning environment with students from all around the world, providing each with a unique and memorable experience. Taking each student’s needs and constraints into consideration, there are a few types MBA programs in Singapore that are available: Full time, Part time, Executive MBA, Dual Degree MBA, Distant Learning, and Online MBA. Each student can take one up according to what best suits his/her need. A bachelor’s degree of minimum 3 years from Singapore or an equivalent qualification from an overseas country, plus a few years of work experience is the minimum qualification that a student must hold to seek admission in a Singapore university for an MBA course.
Subjects & Specialization of MBA Degree
Asia Pacific Business; Corporate Strategy; Financial Management; Financial Accounting; Leadership in Organizations; Management and Organizations; Managerial Economics; Managing Operations; Marketing Management; and Statistics. These are the core subjects that every student has to study. There’re also many elective subjects that the students can choose from based on their preferences. Few of those subjects are: Financial Management; Financial Accounting; Corporate Governance; Risk Management; Investment Banking; Marketing Management; Consumer Behavior; Global Marketing; Sales Management; Customer Relationship Management; Services Marketing; Leadership in Organizations; Corporate Strategy; and Macro and International Economics.
Academic Calendar
The academic year in Singapore universities generally start in the month of of August, either in the beginning or end, and ends in July next year.
Admission Requirements
  • The students are required to hold a bachelor’s degree from either a Singapore university or an equivalent qualification from an overseas country. It would be in the benefit of the students if they’ve completed the course from a reputable institution and have scored well throughout.
  • The certified copies of the original transcripts/mark sheets/certificates are to be submitted to the university. The documents should be certified by a person or agency recognized by the law or government of student’s home country. The originals of the documents submitted are also to be presented once the students are offered a seat in the university or education.
  • Also, if the documents are in any language other than English, students should get the documents translated into English from a recognized translator or authority of the student’s home country.
  • The marks/grades that students scored throughout are to be converted in accordance with the grading system that is followed in Singapore university system. The students can consult their respective university/institution authorities for the same.
  • Scores of common placement examinations like GMAT to test the students’ understanding of the relevant field are to be sent to the university. Most universities/institutions require good analytical writing assessment, verbal, and quantitative aptitude. Overall scores of the GMAT exam are also need to be sent.
  • Students whose undergraduate or graduate degrees were not taught in English are to appear in IELTS or TOEFL exams and submit its scores to the respective university or institution.
  • Since all universities and institutions requires students to hold minimum 2-3 years work experience, a detailed CV with details like position(s) held, key responsibility areas, achievements, international experience if any, should be mailed to the university.
  • Documents in support of how the students are planning to finance for the course fee and the living expenses during their stay in Singapore for the duration of the course are to be sent to the university/institution.
  • Two letters of recommendations from the professors with their contact information mentioned on them and a statement of purpose mentioning the reasons as to why the student wants to pursue the particular field of study in doctoral degree is desired.
  • Apart from the above requirements, the students are also required to submit certified copies of their birth certificates or identity proofs and medical reports if they have or have had any illnesses or disabilities.
Application Procedure
  • Student can check out for the list of courses, structure, and eligibility either through requesting a brochure from the university or by going through a particular university’s website.
  • After selecting a particular course, the student can apply directly to the chosen university accompanied by all the relevant documents (transcripts, mark sheets, certificates, letter of recommendation etc).
  • The application form can either be filled and submitted online, can be downloaded from the university’s website, or can be requested to be mailed from the university.
  • After the university/institution receives the the application along with documents, it will assess the student in terms of background, academic background, achievements, references, and personal essays.
  • After the assessment and positive review, the student will be called up for an interview. The mode of interview may either be via phone, video, or onsite; and the interview will be conducted by 2-3 members from the faculty or staff.
  • After positive assessment of the student through the interview, he/she is granted the acceptance letter or letter of offer. The student is required to sign the acceptance letter or letter of offer and return it along with the fees to the university before the closing date. The student will then be sent a package by the university after which he/she should proceed with acquiring the Student’s Pass to Singapore.
  • It’s recommended by the universities that the student should be in Singapore a good two weeks before the semester starts.
Cost of MBA Education
Tuition Fees
The tuition fee for MBA programs in Singapore varies from university to university and is subject to change every year. Students looking to take up a MBA course can refer to each university’s official website for any enquiries regarding the latest fee structure. Generally, the cost of MBA varies between S$ 15,000 and S$ 75,000, with the average completion time being from 12 to 30 months. The Ministry of Education in Singapore also provides tuition grants to students who get admission in the local universities and polytechnics. International students are also eligible for the grants, subject to signing of a deed with the Singapore government to work in Singapore for a period of 3 years (5 years in case of those studying medical and dentistry) upon completion of the program.

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