MBA in Singapore: Top Universities, Ranking, Fees, Requirements

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. 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. 

MBA in Singapore Highlights

More than 25 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	Cost of studying for MBA in Singapore: INR 20 Lakhs – INR 40 Lakhs (approx.) Cost of living in Singapore: INR 94,000 for a year on average (without rent)
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

Also, Read

Affordable and cheap universities in Singapore	Application Process for UG/PG Courses in Singapore
Part-Time Work Options in Singapore for Indian Students	Job Prospects for Indian Students in Singapore

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 2025 by Subject: Business & Economics
National University of Singapore	#25	#12
Nanyang Business School	#36	NA
Singapore Management University	#41	N/A

Top MBA Colleges in Singapore: Financial Times Rankings 

There are a few MBA colleges in Singapore that have been ranked by the Financial Times in 2025. These include the National University of Singapore, Nanyang Technology University, SP Jain School of Global Management, etc. Given below are the rankings by the Financial Times: 

University	FT MBA Rankings 2025	Financial Times MBA Rankings 2024
National University of Singapore	#37	#27
Nanyang Business School	#22	#32
Singapore Management University	-	#72

Top MBA Specialisations in Singapore

One of the top specializations 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). Students should understand 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 20 L - 62.13 L
Nanyang Technological University	INR 14 L - 56 L
INSEAD Singapore	INR 63 L
SP Jain School of Global Management	INR 32 L - 35 L
James Cook University, Singapore	INR 24.13 L - 26.01 L

Student Visa Cost for Singapore

Once a student 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 also required to submit their English language proficiency score. Below-given are the entry requirements for the same:

• Students must have a bachelor’s degree in a related field of study
• Most universities require GMAT/GRE scores for admission
• To pursue an 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

Student Guide to Singapore	Study in Singapore: Timeline for University Intake
What is a Letter of Recommendation (LOR)	SOP for Singapore: Requirements by Top Universities

MBA Jobs & Salaries for Singapore

According to Payscale.com, the average salary of an MBA graduate in Singapore is SGD 122,000 per year. Top recruiters for MBA graduates in Singapore are: 

• Standard Chartered Bank
• DBS
• Citi Bank
• Accenture
• Novartis

Source: PayScale

Akanksha Malhotra09-22-2025 17:40