Master of Science in Applied Finance
4.0 /5
- Public University
Lee Kong Chian School of Business
Talk to ExpertMaster of Science in Applied Finance at SMU Singapore Overview
Master of Science in Applied Finance
at SMU Singapore
The Singapore Management University offers a really good Master of Science in Applied Finance program at the PG level, which lasts for 12 months. To get admission to the program, students must meet the requirements for the course which include having a valid score on tests like IELTS, TOEFL, GMAT and GRE. The Singapore Management University tuition fee for the first year of the Master of Science in Applied Finance is SGD 54,500. Also, the students should budget well for living expenses, which has:
- Accommodation (rent or hostel)
- Food
- Books
- Other important utilities
Duration | 18 months Get Curriculum |
Tuition & Fees | ₹47.73 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Science in Applied Finance
Table of contents
Master of Science in Applied Finance at SMU Singapore Fees
Master of Science in Applied Finance
at SMU Singapore
When planning for the Master of Science in Applied Finance, applicants should consider the financial aspects involved. Every student must pay the first-year tuition fee of SGD 54,500. Additionally it is also important to account for living expenses such as accommodation, food, and utility costs. Such expenses may vary according to living styles and other fees added by the Singapore Management University. However, accordingly to the official website the average cost of living that international students have to bear is SGD 7,764, annually. To know about the complete breakdown of the Singapore Management University Master of Science in Applied Finance fee structure and all other cost-element-wise expenditures for an elaborate cost overview, please check the table below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 47,73,382 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 6,51,074 |
| Insurance | INR 14,572 |
Calculated at the exchange rate of 1 SGD = INR 75.504295 | Tuition & expenses were last updated on 23ʳᵈ April 2026Master of Science in Applied Finance at SMU Singapore Curriculum
Master of Science in Applied Finance
at SMU Singapore
Latest curriculum for Master of Science in Applied Finance at SMU Singapore can be downloaded from the below link. The curriculum PDF has semester wise course structure, electives and detailed course content. You can also check course curriculum of other specializations offered in MIM at SMU Singapore
Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
GMAT
GRE
Master of Science in Applied Finance at SMU Singapore Entry Requirements
Master of Science in Applied Finance
at SMU Singapore
Requirements for 10th grade
- No specific cutoff mentioned
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- No specific cutoff mentioned
- Students must have a UG degree from a reputable institution in any field.
- Practitioners in finance or related fields wish to pursue their CFA designation
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GPA
Percentage
CGPA
Out of 10
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CGPA
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3 year degree accepted
TOEFL
- Marks - 93/120
- A minimum score of 5, with at least 5 for reading and 4.5 for writing
- A minimum score of 93, with at least 22 for reading and 22 for writing before 21st january 2026
GMAT
- No specific cutoff mentioned
- To make application more competetive, prefered score is 600 and above (with a strong Quantitative Score)
PTE
- Marks - 66/90
- A minimum overall score of 66, with at least 66 for reading and 56 for writing
IELTS
- Marks - 7/9
- A minimum overall score of 7.0 with at least 7.0 for reading and 6.5 for writing
GRE
- No specific cutoff mentioned
- To make application more competetive, prefered score is 600 and above (with a strong Quantitative Score)
Sign-up to view details
Master of Science in Applied Finance at SMU Singapore Application Process
Master of Science in Applied Finance
at SMU Singapore
Step one
Prepare documents for application
LOR
- 2 Referee Reports - Submit 2 complete sets of referee details during the online process of applying for the SMU MAF. The application portal will automatically send an email to your referees and collect your recommendation forms on your behalf once you have submitted the application.
CV
- Applicants need to submit Resume
Step two
Additional documents required
- Students need official academic transcripts of all educational institutions attended.
- Certified True Copies of CFA / ACCA certificates (if any)
- 2 Personal Statements (approximately 500-600 words each) on the following topics:
- Explain your career and personal aspirations, and your motivation for pursuing the MSc in Applied Finance (MAF) programme.?
- Discuss one of the following topics:??
- Describe your greatest weakness and how you have tried to overcome it.?
- Describe your outstanding talents, skills and inherent abilities that are not reflected in your academic qualifications and records. ??
- Official GMAT/GRE Scores & Report
- Official IELTS/TOEFL Score
- Copy of NRIC/FIN/Passport (in PDF or JPEG format)
- Any other supporting documents
Step three
Start your online application
Step four
Application fees for this course
SGD 100 = INR 7.46 Thousand
Mode of payment: Credit card
- University has a Six Month Payment Plan
- his term plan permits payment in 6 installments: July 5 through December 5 for fall and January 5 through June 5 for spring. The non-refundable enrollment fee is $50 per term. The deadline to enroll is August 10 for fall and January 20 for spring.
Master of Science in Applied Finance at SMU Singapore Rankings
Master of Science in Applied Finance
at SMU Singapore
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #25 | |
| #41 |
Master of Science in Applied Finance at SMU Singapore Placements
Master of Science in Applied Finance
at SMU Singapore
| Particulars | Statistics (2026) |
|---|---|
| Internship Available | Yes |
Top Recruiters for SMU SingaporeBarclays Capital
CITI Bank
Deutsche Bank
HSBC
JP Morgan Chase
KPMG
Morgan Stanley
Singapore Management UniversityStudents Ratings & Reviews
4/5
5 Verified ReviewsStudent Views (Based on Reviews)
- 40% students never faced discrimination in this university
Vibe of Campus
Multi-dimensional
Academically oriented
Friendly
Internships3.8
Part time work3.6
Post study jobs2.8
Quality of faculty5
Student Life4.8
Value for money4.2
Public transportation5
Safety5
Indian Food4.4
Permanent Immigration1.8
A
Anonymous
Master of Science in Applied Finance - Batch of 2025
3.9
SMU: A Dynamic, Global, and Career-Focussed University Experience
Tips: Prior to joining SMU, students should be made aware of the interactive nature of the academic culture, with participation being an integral part of the process. Classes are mostly discussion-oriented, and students are required to participate actively, engage in group work, and handle multiple responsibilities along with the coursework. In conclusion, I am very happy with SMU, my course, and of course, Singapore.
Likes (Student Life): The reason for the 5 rating was the active, diverse, and engaging campus environment. Inspite of being a compact city-centre campus, opportunities to meet people, participate in activities, and build a community outside the classroom are plenty. Attending classes, working on group projects and assignments, spending time with friends, and participating in co-curricular activities make up a typical day for a student here. There are plenty of student clubs as well, like, the finance, consulting, entrepreneurship and the sports clubs.
Dislikes (Permanent Immigration): Singapore gets a 1-star rating because, even though Singapore provides great job opportunities and a high standard of living, getting the status of permanent resident in Singapore for a foreigner is fairly challenging and unpredictable. Long-term settlement also depends on other things like job, salary, qualifications, etc. If I had to assess the probability of getting permanent settlement in Singapore, then I would say it is uncertain/moderate rather than high for a foreigner like me.
Total Monthly ExpenseSGD 4000
Prepping time for classes10 hours/Week
Expected Annual SalarySGD 50000
N
Nami Dabral
Master of Science in Economics - Batch of 2026
4.3
SMU: A city-campus with goal oriented, but friendly people
Tips: Quite satisfied with the university. I was able to go outside my comfort zone as school honors participation. I made a lot of friends of different ethnic backgrounds. The professors are extremely helpful too. One thing to note is, you may want to learn how to cook, as eating out can get expensive, especially for vegetarians. :) You'll miss Indian food if you're from the northern states, as SG's local Indian food is mainly southern. Don't forget to use a GOOD deo/antiperspirant because it gets very hot in Singapore and most SMU classes are small in size. Additionally, as Indians, we tend to gravitate more towards other Indians, so try to socialize more with everyone and put up a friendly smile.
Likes (Student Life): It is a city campus with many student-led events. SMU often gives students many opportunities to connect with other students through workshops, also provides free snacks and hosts fun and interesting events involving talents. Moreover, they have many opportunities for students to actually get out of school and go overseas too.
Dislikes (Permanent Immigration): Singapore has strict PR/citizenship policies; most students hoping to even find a job would require companies to sponsor a visa, which many are not willing to do due to additional costs and legal requirements to hire additional locals to compensate for hiring foreigners. Therefore, regardless of hope of PR, finding a job itself is close to impossible. Many of my friends from India came to SG hoping to settle down through a job; however, ones with a 4.0/4 CGPA faced a reality check after 6+ months and 300+ job applications to many companies before finally giving up and applying in India.
Total Monthly ExpenseSGD 3500
Prepping time for classes21 hours/Week
Expected Annual SalarySGD 5000
S
Sakshi Raman
Bachelor of Business Management with Digital Business - Batch of 2025
5.0
A lot of events and fun work study balance.
Tips: Students should attend the orientation before the classes start. Get a feel of the campus, go around as the different schools are a bit of a walk. But there are public buses that go around as well. Meet the new students during the orientation.
The university facilities are amazing and is located in the heart of the city.
Total Monthly ExpenseSGD 375
Prepping time for classes32 hours/Week
Expected Annual SalarySGD 55125
A
Anonymous
Master of Science in Management - Batch of 2023
3.7
Technically well equipped and academically inclined
Tips: Nope, not much cultural shift, as there are many Indians here. I did get a 30% scholarship for the course. You have to apply for it separately after you get admitted. I am well satisfied with the university and professors. They really helped me whenever I had any doubt.
Likes (Quality of faculty): The professors are extremely helpful and kind. They will really go out of their way to help you; that is if you are interested. They will always reply to your email and can even give one-on-one attention. You just have to be proactive in class. As for nationality, they are mixed.
Dislikes (Permanent Immigration): The chance of getting a work visa is very difficult. They prefer local, and getting a permanent residence is also very difficult. If given a chance, I would like to settle in Singapore. But it seems very difficult, and they do not give PR easily. But you can still try to first get a job and then a PR.
Total Monthly ExpenseSGD 3000
Prepping time for classes15 hours/Week
Expected Annual SalarySGD 45250
A
Anonymous
Bachelor of Social Science - Batch of 2027
3.3
Insights to SMU Singapore
Tips: Job hunting is quite difficult in Singapore as a non-local, and SMU generally is not of much help—faculty is great for SOSS and law. Other schools are not that great. - Singapore is an extremely safe country. General discrimination in terms of preferential treatment to locals is there, but no blatant discrimination against anyone.
Likes (Public transportation): Almost every part of the city is connected through buses or trains, and their cost is not much. The campus has two MRT lines as well as a lot of bus stops nearby (and one on campus). It's a city campus, so most schools are near bus stops and MRT stations.
Dislikes (Post study jobs): Not many companies are open to hiring non Singaporean local for internships or full time jobs. Very difficult to find jobs. Networking can also net get you too far. Work sponsorship is something most companies are unwilling to pay, and even through great references there is not much scope.
Total Monthly ExpenseSGD 3350
Prepping time for classes12 hours/Week
Expected Annual SalarySGD 54000
View All 5 Reviews
Master of Science in Applied Finance at SMU Singapore Highlights
Master of Science in Applied Finance
at SMU Singapore
- SMU MAF emerged fourth in Asia in the FT Global Masters in Finance Pre-Experience Ranking 2017
- MAF aims to enhance practitioners' knowledge and skills in applied finance
- It provides a strong foundation in the principles, practices and operations of international and domestic financial markets focusing on applying updated and relevant knowledge in real world situations
- The curriculum also prepares students to pursue the Chartered Financial Analyst (CFA) designation
- Students will be equipped with analytical skills, creative problem-solving techniques and the aptitude to respond to changes and challenges based on a knowledge of the most recent advances in finance
- Provides an international perspective of global financial markets and instruments while at the same time customised to take into account the unique characteristics of the regional and Chinese business environment
Read more
Master of Science in Applied Finance at SMU Singapore Scholarships
Master of Science in Applied Finance
at SMU Singapore
Scholarship information is not available. You can apply to non-college specific scholarships available for
Singapore.
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Master of Science in Applied Finance at SMU Singapore Contact Information
Master of Science in Applied Finance
at SMU Singapore
Address
81 Victoria Street, Singapore 188065
Singapore ( Other - Singapore)
Phone
+65 6828 0100
(For general query)
+65 6828 0980
(For admission query)
Email
enquiry@smu.edu.sg
(For general query)
admissions@smu.edu.sg
(For admission query)
Go to College Website ->