MBA in Singapore- Top Universities, Eligibility Criteria & Fee Structure

Singapore, the financial center of the world, is recognized for its modern infrastructure, rich culture and natural beauty. In addition to being the best city to live in, Singapore is one of the best countries to study abroad due to having a world-class education system. The country is the most popular location for international students who are interested in business administration since it has a number of top-ranked universities that offer systematic MBA programs. MBA in Singapore is a 2 year program available for both domestic and international students. The University of Singapore offers prestigious degrees in Masters of Business Administration (MBA) that make it the most preferred destination for international MBA aspirants.

Table Of Contents

Table Of Contents

1. Top MBA Specializations in Singapore

The MBA universities of Singapore provide world-class teaching and education facilities. The country hosts various MNCs that offer you rich employment opportunities. Studying in Singapore also gives you a chance to explore a multicultural environment. So, during your educational period, you can enjoy a wonderful life and can earn specialized degrees in various management programs. Some of the best specialization courses for Indian students are given below:

  • MBA in General Management
  • MBA in Finance
  • MBA in Business
  • MBA in Marketing
  • MBA in Hospitality
  • MBA in Human Resources
  • MBA in International Business
  • MBA in Supply Chain

2. The Best MBA Universities in Singapore for Indian Students

The high-quality education system, a lot of job opportunities, international diversity and excellent health care in Singapore attracts a huge number of students from all across the world. The country also offers you an industry-focused curriculum and builds your international network. If you are interested in studying in Singapore to make your career an MBA, here is the list of top universities in Singapore.

1.1. MBA in National University of Singapore

The National University of Singapore is a national public university in the country. The university ranked #11 in the last five years according to the QS world university ranking. The NUS Singapore MBA course makes it the best university for international students in Asia. Every year thousands of students are admitted to this university, in which around 25 percent of the total students are from different nations.

The MBA program at the National University of Singapore is a 2-year program held under the Department of Finance. The total tuition fee for an MBA program is approximately 55.58 lakhs for Indian students. The university has the following eligibility criteria for selecting international students for the MBA program:

  • The candidates have to complete a bachelor’s degree with an average of 60% of the scores.
  • The students are also required to have higher scores in the GRE or GMAT exam.
  • The student needs to clear an English proficiency test like IELTS with a minimum of 6.5 scores or TOEFL with a minimum of 100 scores.

1.2. MBA in Singapore Management University (SMU)

SMU is a public autonomous university in Singapore, which holds 3rd position among the top universities of Singapore and number 36th in the world according to the QS world university ranking. The MBA program at the Singapore Management University is available both full-time and part-time and the duration of the program is 15 months. The university mainly focuses on training the next generation of business leaders with practical knowledge in their MBA program. The eligibility criteria for MBA course at Singapore Management University:

  • Candidates must have a 4-year bachelor’s degree with a GPA of 3.5 on a 4.0 scale.
  • The student should have two years of previous work experience.
  • Students need to clear the SMU admission test/GRE/GMAT.
  • Standardized TOEFL scores are mandatory for students who do not complete a bachelor’s degree in English.

1.3. MBA in Nanyang Technological University (NTU)

NTU is a well-recognized national research university in Singapore. The NUS Singapore MBA program at NTU is equipped with all the essential skills required to excel in a digital and global environment. According to the QS World University Ranking, the Nanyang Technological University (NTU) holds 2nd position in the list of best universities in Singapore and 20th position in the world. The NTU eligibility for MBA in Singapore for Indian students is given below:

  • Undergraduate degree from a reputable university
  • Two years of full-time work experience.
  • Students have to clear GMAT or GRE exams with competitive scores.
  • The student needs to clear IELTS (above 6.5 scores) or TOEFL (above 100), if they do not have an undergraduate course in English.

1.4. MBA in INSEAD (Institut Européen d’Administration des Affaires)

INSEAD campus is a hub in Asia for offering renowned MBA courses to domestic and international students. The Indian students need to qualify for the following eligibility criteria for pursuing MBA from here.

  • A bachelor’s degree from an esteemed university.
  • Students need to clear the GMAT exam with an above 70-75th percentile in the quantitative and verbal sections and more than six in integrated reasoning.
  • Having more than 80% of the GRE score is essential for international students.
  • The student has 2 to 10 years of full-time work experience.
  • The student has to be fluent in the English language.

1.5. MBA in London School of Business and Finance (LSBF) Singapore

LSBF is a well-recognized business school in Singapore that offers prestigious degrees in MBA. The eligibility criteria for this abroad university are given below:

  • Undergraduate degrees with at least two classifications from a reputed university.
  • Students need to submit assessments for professional qualifications.
  • Two years of full-time work experience in a managerial or professional capacity.
  • Students who did not have English as an undergraduate need to clear the IELTS exam with a 6.0 score.
  • The minimum age of the student for applying to an MBA program is 21 years.

3. Study Abroad MBA in Singapore Fee Structure

The fee structure for the MBA program in Singapore varies from one university to another. The Singapore MBA fees structure of the above-mentioned renowned universities is given below.

University Name

Fees for MBA Program

National University of Singapore

INR 41,34,963

Singapore Management University (SMU)

INR 4264650

Nanyang Technological University (NTU)

INR 58,19,272.09

INSEAD (Institut Européen d’Administration des Affaires)

INR 79, 45, 179

London School of Business and Finance (LSBF) Singapore

INR 30, 00,000

4. Course Duration and 2024 Intakes of MBA in Singapore

If you are planning to study MBA in top universities of Singapore in 2024, it is important for you to know the course duration and the next intakes of the university. Therefore, here we have demonstrated the course duration and the next intakes to study MBA in Singapore.


University Name

Course duration


Next Intake

National University of Singapore

17 months

August, 2024

Singapore Management University (SMU)

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

July, 2024

Nanyang Technological University (NTU)

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

August, 2024

INSEAD (Institut Européen d’Administration des Affaires)


10 months

January, 2024

London School of Business and Finance (LSBF) Singapore

13 months for full-time program and 18 months for part-time course.

January, 2024

5. MBA Scholarships in Singapore for International Students

Although pursuing an MBA in Singapore is decently affordable, the cost of living and other miscellaneous costs make the course expensive for Indian students. To reduce your costs of education and living, you can explore the following scholarship options to make your future abroad.

5.1. ADB- Japan Scholarships for Developing Countries

Students moving abroad from developing countries to pursue higher education in the fields of business, economics, technology and management can avail the benefit of this grant. This scholarship covers your tuition fee, study material, travel expenses, living allowance and medical insurance.

5.2. Narotam Sekhsaria Scholarships

This grant is available for Indian students who are interested in pursuing a master’s degree from overseas universities. It offers you full and partial scholarship support with interest-free loans.

5.3. Syngenta MBA Scholarship for Developing Country Leaders (INSEAD)

International students can benefit from this scholarship program for pursuing MBA courses at INSEAD Singapore and France campuses. The program gives you a decent amount of INR 1784320 per year.

6. Documents Required for MBA in Singapore

There are several documents that Indian students have to submit for an MBA application in Singapore. These documents are given below:

  • Application form and receipt of fee payment.
  • Passport.
  • Statement of Purpose (SOP)
  • Previous Academic Records.
  • LOR (Letter of Recommendation)
  • Standardized Study Abroad Exam Scores in GMAT/IELTS, TOEFL, PTE etc.
  • Proof of Financial Resources
  • CV-Curriculum Vitae
  • Health Certificates
  • Passport-size photographs.
  • Study loans and other financial documents.
  • Documents of co-curricular activities and awards

7. Conclusion

So, here we have covered all the essential information you need to know for pursuing an MBA in Singapore. Hope this information will help you to choose the best MBA course and university for your successful career. If you find this blog useful, give us a thumb and apply for the next intake for the MBA program with us.

9. Who are we?

We Career Clinic is a leading overseas consultancy in India that helps international students with unrivaled guidance and support for their  successful admission to a foreign university. Our guaranteed admission process and transfer options ensure your seamless journey to the best universities globally.

Frequently Asked Questions

Yes, in most of the MBA universities of Singapore, qualifying for the GMAT exam is compulsory for international students. Due to limited seat availability, students need to clear the GMAT with highly competitive scores of around 600 to 650. Although the GMAT score may vary from university to university. So while you are applying for an MBA program in Singapore, you need to check the required GMAT score on the universities’ websites along with another admission requirement.

The approximate cost of an MBA in Singapore is 30 lakhs for international students. But the country also has a list of esteemed universities that offer MBA programs at affordable prices. Here are some of the top affordable MBA colleges in Singapore:

  • Nanyang Technological University
  • Singapore University of Technology & Design
  • Republic Polytechnic
  • Nanyang Academy of Fine Arts
  • Temasek Polytechnic

Pursuing an MBA from abroad offers a huge career opportunity to Indian students. Here is some basic information Indian students need to know who is pursuing an MBA from abroad.

Indian corporates prefer to hire international MBA graduates: In today’s globalized world, India's companies are keen to expand their business worldwide. Therefore, they are keen to hire employees who have an international MBA degree.  

Average Package of MBA for International Graduates: The average salary package for international graduate students in India is approximately INR 19 Lakhs. Studying an MBA from an abroad university develops a range of professional and personal skills that allows you to expect a good salary hike.

A Master’s in Business Administration (MBA) is the most profitable post-graduate course among Indian students. Studying for an MBA from an abroad university gives students a chance to work with multinational companies such as Microsoft, Google, Amazon etc. Here are the top countries for Indian students to study MBA.

  • USA
  • Australia
  • Germany
  • United Kingdom
  • Canada
  • Singapore
  • France

Most of the MBA universities in Singapore offer online application forms along with all required documents. You can download the application form from the official website of the universities and follow the given instructions. You have to submit the required documents and pay the amount of the application fee. Some universities conduct online interviews, so you have to prepare yourself for the interview.  You have to prepare your student letter so that once you get an offer letter from the selected university, you can immediately join the university.