MBA in Singapore – Best Colleges, Fees, Criteria & Process

MBA in Singapore

Singapore is one of the main financial hubs of Southeast Asia, and its competitive economy makes the country one of the sought-after education destinations globally. World-class education, job opportunities, top-notch infrastructure, excellent healthcare, and international diversity entices students worldwide to pursue higher education in Singapore. 

With some top ranked business schools offering Master of Business Administration (MBA) programs, Singapore is one of the most preferred destinations for MBA aspirants. Singapore houses some of the top-tiered MBA business schools, including the NUS (National University of Singapore), Asia’s best university, as per the 2021 QS World University Rankings. A highly competitive and well-developed economy and abundant job opportunities are some reasons why many students from all across the globe apply for MBA in Singapore. International students come to Singapore not only to study abroad but for its industry-oriented curriculum along with easier access to global networks.  

Read More: Student Visa for Singapore

MBA in Singapore – Best Universities

Students usually apply for a full-time or executive MBA in Singapore. Many reputed universities are offering MBA programs, although they have varying eligibility criteria and fee structures. 

Here are university/college-wise eligibility criteria for applicants.

National University of Singapore (NUS)

  • Bachelor’s degree. 
  • At least two years of full-time work experience. 
  • Good scores in GRE/GMAT. EA (Executive Assessment) is allowed for those with 7+ years of work experience. 
  • TOEFL (Minimum 100) or IELTS (Minimum 6.5) scores are needed if a student’s undergraduate course was not taught in English. 

INSEAD (Institut Européen d’Administration des Affaires)

  • Bachelor’s degree from a recognized institution. 
  • GMAT scores- above the 70-75th percentile in verbal and quantitative sections and 6 or more in Integrated Reasoning. 
  • GRE scores are also accepted (above 80% in verbal and quantitative sections is recommended). 
  • 2-10 years of work experience. 
  • Fluency in English. 

Source: MiM Essay

SMU (Singapore Management University) 

  • University degree. 
  • At least two years of full-time work experience. 
  • Admission test (SMU Admissions Test/GRE/GMAT) results. 
  • TOEFL scores are needed for students who did not study their undergraduate courses in English. 

Nanyang Technological University (NTU)

  • Bachelor’s degree. 
  • Minimum of two years of working experience. 
  • GRE/GMAT scores. 
  • TOEFL (above 100) or IELTS (above 6.5) scores if the student did not study their undergraduate course in English. 

LSBF (London School of Business and Finance) Singapore

  • Bachelor’s degree with at least two classifications. 
  • Assessment of professional qualifications. 
  • Two years of work experience in a professional or managerial capacity. 
  • Those who have not studied before in English will need IELTS 6.0 or equivalent. 
  • The minimum age for applying is 21 years. 

James Cook University, Singapore

  • AQF Level 7/Bachelor’s degree + two years of experience in a managerial role. 
  • AQF Level 8 Honors Degree or Graduate Certificate in Business Administration or four years of managerial business experience. 
  • Students from non-English speaking countries will need TOEFL 86, IELTS 6.5 or Pearson PTE Academic 58. 
  • Completion of the ELPP (English Language Preparatory Program) at James Cook University. 

ESSEC Asia-Pacific

  • At least 25 years of age while applying. 
  • A minimum of three years of professional experience. 
  • Foreign or global work experience. 
  • Bachelor’s degree. 
  • GRE/GMAT scores. 
  • Advanced English levels. 

Rutgers, Singapore 

  • Bachelor’s degree or equivalent from a recognized university. 
  • Diploma holders with business experience can also apply. 
  • 8-10 years of work experience. 
  • At least 28 years of age at the time of applying. 
  • International experience and written/oral English proficiency. 
  • GRE/GMAT scores are not needed. 

Read More: Cost of Studying Abroad for Indian Students

Fee Structure of MBA Courses in Singapore

The cost of an MBA in Singapore will vary from one institution to another. Here is a table to help you: 

Name of Institution/University

Fees for MBA Course 

National University of Singapore (NUS)

The NUS MBA in Singapore fees structure is S$33,000 (INR 18,14,615.55) for each semester and S$10,000 (INR 5,49,883.50) as admission fee. 


€89,000 or approximately S$140,102.91 (INR 77,04,027.85).

Fees payments via installments. Tuition fees cover library access, course material, printing, health insurance, and language testing, and gym access. 

SMU (Singapore Management University)

S$67, 410 (INR 37,06,883.32) (including GST) 

S$100 (INR 5,499.01) as application charges 

S$400-S$500 (INR 27,495.06 approx) in registration charges

S$3000 (INR 1,64,936.33) for course materials 

LSBF Singapore 

S$18,000 (INR 9,89,603.37) for both international and local students (both full-time or part-time courses) 

NTU Nanyang

S$62,000 (INR 34,08,784.69)

James Cook University Singapore 

S$37,236 (INR 20,47,250.11) for local students 

S$38,520 for international students 

Course fees are inclusive of 7% GST and are payable through installments. 

ESSEC Asia-Pacific 

€49,500 or S$77,920 (approx.) for majoring in Luxury Brand Management or Strategy & Digital Leadership 

€130 or S$204.64 (approx.) as application charges. 

The tuition fee covers seminars, courses, and business trips. 

Added costs of €1,600 or S$2,519.07for alumni association membership. 

Books and course material are separately charged. 

Rutgers Singapore 

S$78,000 (INR 42,87,336.72) in tuition fees.

This covers academic materials, teaching costs, e-library access, and snacks. 

Fees are payable in three or six installments. For paying in six installments, an extra charge of S$600 (INR 32,989.22) is payable. 

Fees are reviewed annually and include 7% GST. 

Read More: Education Loan for study abroad

Total Duration of MBA in Singapore

Now that you know about the MBA in Singapore costs, you can view the average tenures for courses here. 

University/Institution Name 

Duration of the MBA Program 

National University of Singapore (NUS)

17 months 

SMU (Singapore Management University)

12 months for the full-time program and 18 months for the part-time course 


10 months  

LSBF Singapore

13 months (full-time courses) and 18 months (part-time courses)


12 months for the full-time course with three trimesters. 18 months for the part-time program

James Cook University Singapore 

1 year for the full-time courses and 16 months for the part-time programs 

Rutgers Singapore

14.5 months for the Executive MBA program 

ESSEC Asia Pacific

12 months 


Read More: Letter of Recommendation (LOR) for MBA

MBA in Singapore for Indian Students – Eligibility Criteria

There are various eligibility criteria that students need to keep in mind. These include the following: 

  • Applicants should have Bachelor’s degrees from recognized institutions or universities with a proper academic track record. 
  • At least a 2.8 CGPA is needed at graduation. 
  • Work experience of two years (minimum). 
  • Many universities accept TOEFL, IELTS, Pearson PTE Academic, GMAT, and GRE scores. The language proficiency tests are for those who have not studied their undergraduate courses in English. 
  • 85-90 for the TOEFL online test, with 22-24 in the writing section. 
  • Minimum scores of 580 and 237 in paper and computer-based tests. 
  • IELTS scores of 6.5 and more are needed. 6.0 is required in all sections, namely writing, listening, reading, and speaking. 

Documents Required for MBA in Singapore Applications 

There are many documents that you will require for MBA applications in Singapore. You will have to initially send scanned copies and present the original documents at the time of admission. 

Here is a list: 

  • Receipt of application fee payment. 
  • Student Pass (applicable 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, depending upon specific criteria. 
  • Passport-sized photographs. 
  • Study loan and other financial documents. 
  • Essays/Statement of Purpose, Letters of Recommendation, and Resume as per university guidelines. 
  • Scholarship Essay if needed. 

Read More: MBA in India or Abroad

MBA in Singapore Application Procedure

The application process may differ across universities. However, there are some general steps that you have to follow. These include: 

  • Download the application form from the official website of your chosen college/university. 
  • Fill up the form after noting all instructions. 
  • Submit all necessary documents with the application. 
  • Pay the application fees through credit/debit card and other payment methods.  
  • After submission, interviews will take place either on-call or via digital platforms. 
  • Get your student visa beforehand. Once you receive the admission letter, you can quickly join your course without any delays.
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