MBA in Singapore is a popular choice for Indian students, thanks to its physical proximity, high academic standards, high ROI, and multicultural environment. Twenty-five percent of Indian students studying abroad pursue higher education in Singapore.
The country’s MBA programs are renowned for their emphasis on global business perspectives, innovation, and networking opportunities within Asia's dynamic economy.
So, if you are an Indian student considering an MBA in Singapore, read this blog to learn about the program, leading universities, tuiion fee, salary prospects and more.
Key Highlights:
- Top MBA universities in Singapore include the National University of Singapore (NUS), Nanyang Technological University (NTU), and Singapore Management University (SMU).
- The tution fee for MBA programs in Singapore ranges from SGD 45,000 to SGD 80,000 (INR 27 to 48 lakhs) on average.
- MBA graduates in Singapore can expect an average annual ranging from SGD 90,000 to SGD 150,000 (INR 54 to 90 Lakhs).
- To be eligible for studying an MBA in Singapore, Indian students need a recognized bachelor’s degree (minimum CGPA of 2.8), proficiency in English (IELTS 6.5 or TOEFL iBT 85-100), and relevant work experience.
- Some of Top affordable MBA programs in Singapore include James Cook University, Curtin University & the Singapore Institute of Management
MBA in Singapore Overview
Known for top-tier business schools like INSEAD, NUS, and SMU, Singapore offers programs that combine academic excellence with strong industry connections. The cost varies significantly by institution, with tuition fees ranging from SGD 30,000 (INR 18.90 Lakhs) to SGD 120,000 (INR 75.60 Lakhs). Additionally, Singapore provides an excellent job market for Indians, making it a strategic choice for career advancement in Asia.
Below is a detailed overview of key points you should consider before pursuing an MBA in Singapore:
|
Aspect |
Details |
|---|---|
|
Top Universities |
National University of Singapore (NUS), Nanyang Technological University (NTU), INSEAD Asia |
|
Program Duration |
12 to 18 months |
|
Average Tuition Fees |
SGD 45,000 – SGD 80,000 (approx. INR 27 – 48 lakhs) |
|
Specialisations Offered |
Finance, Marketing, Strategy, Supply Chain, Technology Management, Entrepreneurship |
|
Eligibility Requirements |
Bachelor's degree, GMAT/GRE scores, 2–5 years of work experience, English proficiency (IELTS/TOEFL) |
|
Average GMAT Score |
650+ |
|
Language of Instruction |
English |
|
Scholarships Available |
Government scholarships, university-specific grants, ASEAN scholarships, merit-based awards |
|
Internship Opportunities |
Strong links with multinational corporations in finance, technology, and consulting |
|
Post-MBA Salary |
Average salary range of SGD 90,000 – SGD 150,000 (approx. INR 54 – 90 lakhs) |
|
Job Opportunities |
High demand in sectors like finance, consulting, tech, and supply chain management |
|
Visa Policy for Indian Students |
Student pass during study; option for Employment Pass post-graduation |
Dreaming of an MBA in Singapore? Contact Yocket Premium’s consultants today to turn your study abroad dreams into reality. Get expert guidance and make your international education journey seamless!
Types of MBA Programs in Singapore
There are various types of MBA programs offered to students studying in Singapore colleges/universities. The following types of MBA programs are:
1. Full Time MBA
Full-time Master’s in Business Administration programs are full-time academic programs for international students with fewer years of work experience. MBA students participate in internships during their summer break and usually have admission to on-campus recruiting services for eternal post-graduate positions.
2. Executive MBA
An executive MBA in Singapore is designed for international students who want to study and work along in their careers and continue working full-time while in school. Schedules vary among programs, but most offer part-time formats like weekend classes.
3. International MBA
An MBA in International Business is a master’s program planned for students who want to travel the world and work with other cultures. The program frequently advances global business knowledge and leadership and management skills.
4. Part- time MBA
In a part-time MBA program, international students can take their classes on weekends or at night, alongside a full-time job. There isn’t any option for internship opportunities available in this program for students. The cost of a part-time MBA is also less compared to a Full Time MBA program in Singapore for Indian students fees.
Top 10 Business Schools in Singapore
Some of the top business schools in Singapore are the National University of Singapore, NTU, and INSEAD. They offer management education with an Asian as well as a global outlook that opens up plenty of opportunities.
The top 10 MBA colleges in Singapore are:
|
QS Ranking 2025 |
University Name |
Average Tuition Fees (SGD) |
Average Salary (SGD) |
|---|---|---|---|
|
8 |
National University of Singapore (NUS) Business School |
60,000 - 70,000 per year |
90,000 - 120,000 |
|
11 |
INSEAD Singapore |
100,000 per year |
100,000 - 130,000 |
|
26 |
Nanyang Technological University (NTU) Nanyang Business School |
60,000 - 70,000 per year |
80,000 - 110,000 |
|
545 |
Singapore Management University (SMU) Lee Kong Chian School of Business |
60,000 - 70,000 per year |
80,000 - 110,000 |
|
- |
ESSEC Business School Asia-Pacific |
45,000 per year |
70,000 - 90,000 |
|
- |
SP Jain School of Global Management |
55,000 per year |
70,000 - 90,000 |
|
- |
Kaplan Singapore (Murdoch University) |
30,000 per year |
60,000 - 80,000 |
|
- |
James Cook University Singapore |
35,000 per year |
60,000 - 80,000 |
|
- |
PSB Academy Singapore (University of Newcastle) |
30,000 per year |
60,000 - 80,000 |
|
- |
SIM Global Education (University of Birmingham) |
40,000 per year |
60,000 - 80,000 |
Poplar MBA Specialisations in Singapore
Singapore offers a diverse range of popular MBA specialisations, including MBA in International Business, MBA in Project Management, MBA in Human Resources, MBA in Sales & Marketing, and MBA in Business Analytics, catering to various industries and career aspirations. With its strategic location and vibrant business ecosystem, pursuing an MBA in Singapore provides opportunities for advanced skills and global exposure.
Here are some of the top MBA specialisations in Singapore:
1. MBA in International Business
An MBA in International Business prepares you for global business challenges, focusing on international trade, market expansion, and cross-cultural communication. Graduates are equipped to work in multinational companies, handling global marketing, finance, and strategic management, with opportunities in leadership roles across diverse industries.
Average Salary: Approximately SGD 130,000 per annum.
Top Colleges to Study MBA in International Business:
- INSEAD (Singapore campus)
- Nanyang Technological University (NTU), Nanyang Business School
- Singapore Management University (SMU), Lee Kong Chian School of Business
2. MBA in Project Management
An MBA in Project Management teaches skills to plan, execute, and oversee projects. Graduates manage budgets, resources, and teams, often taking leadership or consultancy roles in various industries.
Average Salary: Approximately SGD 150,000 per annum
Top Colleges to Study MBA in Project Management
- Nanyang Technological University (NTU), Nanyang Business School
- Singapore Management University (SMU), Lee Kong Chian School of Business
- PSB Academy, School of Business
3. MBA in Human Resources
This MBA focuses on managing talent, employee relations, and organisational behaviour. Graduates can lead HR departments, optimising workforce performance and driving business success.
Top Colleges to Study MBA in Human Resources:
- Nanyang Technological University (NTU), Nanyang Business School
- Singapore Management University (SMU), Lee Kong Chian School of Business
- SIM Global Education (University of Wollongong)
4. MBA in Sales & Marketing
An MBA in Sales & Marketing teaches strategies in market analysis, consumer behavior, and digital marketing. Graduates can lead marketing campaigns and drive sales in management or strategy roles.
Top Colleges to Study MBA in Sales & Marketing
- Nanyang Technological University (NTU), Nanyang Business School
- Singapore Management University (SMU), Lee Kong Chian School of Business
- INSEAD (Singapore campus)
Average Salary: Around SGD 110,000 per annum
-
MBA in Business Analytics
An MBA in Business Analytics focuses on data-driven decision-making. Graduates analyze trends, optimise processes, and use data to drive innovation in roles like data analyst or business consultant.
Average Salary: SGD 70,000 to SGD 120,000 per year
Top Colleges to Study MBA in Business Analytics:
- INSEAD (Singapore campus)
- Nanyang Technological University (NTU), Nanyang Business School
- Singapore Management University (SMU), Lee Kong Chian School of Business
Eligibility Criteria for MBA in Singapore for Indian Students
To pursue an MBA in Singapore, you need a bachelor’s degree 3.0+ CGPA, English language proficiency tests and work experience. These criteria ensure that students are adequately prepared for the challenges of an MBA program.
Below are the key requirements you must meet for an MBA in Singapore as an Indian student:
1.Bachelor’s Degree
Applicants must have a bachelor’s degree from a recognized institution or university. The minimum requirement is typically a CGPA of 2.8 or higher.
2. English Language Proficiency Test
Non-native English speakers must demonstrate proficiency in English through standardised tests. The common tests and their required scores are:
-
- IELTS: Minimum score of 6.5
- TOEFL: iBT score of 85-100 or higher
3. Work Experience
Some universities in Singapore require at least two years of work experience for MBA admissions. However, certain universities may offer MBA programs without this requirement, provided the applicant has strong academic performance and high scores in standardised tests, along with a compelling Statement of Purpose (SOP).
4. Singapore Student Pass (Visa)
International students must obtain a Student Pass (student visa) to study in Singapore. To qualify, students must be enrolled in a full-time course. Part-time courses or those conducted in the evening or weekends do not qualify for this visa. If a student plans to switch institutions after the visa application is approved but before collecting the Student Pass, they must submit a new application.
5. Required Documents
MBA universities have requirements of some documents such as:
-
- GMAT/GRE Scores: Depending on the university, applicants may need to submit scores from either the GMAT or GRE.
- Statement of Purpose (SOP): A well-written SOP outlining your motivation for pursuing an MBA.
- Letters of Recommendation: Usually two letters from academic or professional referees.
- Updated Resume: A current CV outlining academic and professional experience.
- Transcripts: Original transcripts from previous academic institutions.
- Passport, Financial Documents, and Loan Documents: These are required to process your application and student pass.
Cost of Studying MBA in Singapore for Indian Students
The total cost of studying for an MBA in Singapore, including both tuition fees and living expenses, can range from approximately 45,000 SGD (INR 28.35 Lakhs) to 175,000 SGD (INR 1.10 Crore) per year, depending on the type of program and lifestyle choices. The cost of studying abroad generally comprises all your expenses, from tuiton fees to accommodation expenses.
Tuition Fee
As an Indian student, you will pay an average tuition fee of around 30,000 SGD (INR 18.90 lakhs) annually for an MBA program in Singapore, depending on the university. The minimum fee could be about 15,000 SGD (INR 9.45 lakhs) annually.
|
Type of MBA Program |
Average Fees (SGD) |
Average Fees (INR) |
|---|---|---|
|
Full-Time MBA |
$35,000 to $75,000 |
INR 19 Lakhs to 45 Lakhs |
|
Part-Time MBA |
$30,000 to $60,000 |
INR 16 Lakhs to 52 Lakhs |
|
Executive MBA (EMBA) |
$60,000 to $100,000 |
INR 32 lakhs to 54 Lakhs |
|
Online MBA |
$20,000 to $40,000 |
INR 10.83 Lakhs to 20.67 Lakhs |
|
Global MBA |
$40,000 to $80,000 |
INR 21.67 Lakhs to 43.34 Lakhs |
Cost of Living
Along with the MBA tuition fees, the cost of living in Singapore is also prevalent. Singapore has a well-planned housing zone; whether you are searching for a rental house, the costs may vary accordingly. The average rent for a 1-bedroom flat in the city may cost 2,812 SGD/ month. However, living outside the city will cost around 1,912 SGD/ month.
|
Expense Category |
Monthly Cost (SGD) |
Monthly Cost (INR) |
|---|---|---|
|
Accommodation |
$800 - $2,500 |
₹43,000 - ₹1,35,000 |
|
Food |
$300 - $600 |
₹16,250 - ₹32,500 |
|
Transportation |
$100 - $150 |
₹5,400 - ₹8,100 |
|
Utilities (Electricity, Water, etc.) |
$100 - $200 |
₹5,400 - ₹10,800 |
|
Internet & Mobile |
$50 - $100 |
₹2,700 - ₹5,400 |
|
Leisure & Entertainment |
$200 - $400 |
₹10,800 - ₹21,500 |
|
Miscellaneous |
$100 - $200 |
₹5,400 - ₹10,800 |
Suggested: Cost of Studying MBA in Singapore
Student Visa Cost for Singapore
The student visa for Singapore typically costs around SGD 90 (INR 5,670) for Indian applicants. Additional costs may include an SGD 30 (INR 1,890) processing fee and a SGD 60 (INR 3,780) issuance fee. Total costs can vary depending on the applicant’s nationality and specific requirements.
Average Salary & Jobs for MBA Graduates in Singapore
After an MBA in Singapore, graduates can expect roles like Accounting Manager (43.80 Lakhs INR), Business Consultant (38.90 Lakhs INR), General Manager (105.03 Lakhs INR), and IT Manager (63.00 Lakhs INR), with salaries ranging from 3.75 Lakhs INR to over 100 Lakhs INR, depending on the role.
|
Job Title |
Average Annual Salary (SGD) |
Average Annual Salary (INR) |
|---|---|---|
|
Accounting Manager |
73,002 |
43.80 Lakhs |
|
General Manager |
175,058 |
1.05 Crores |
|
Marketing Manager |
70,000 |
42.00 Lakhs |
|
Financial Analyst |
60,000 |
36.00 Lakhs |
|
Operations Manager |
85,000 |
51.00 Lakhs |
|
Human Resources Manager |
82,000 |
49.20 Lakhs |
|
Sales Manager |
90,000 |
54.00 Lakhs |
|
IT Manager |
105,000 |
63.00 Lakhs |
|
Finance (Specialisation) |
117,000 |
74.47 Lakhs |
|
Human Resource Management |
113,000 |
71.91 Lakhs |
|
Marketing and Management |
109,000 |
69.37 Lakhs |
|
Supply Chain Management/Logistics |
89,845 |
57.18 Lakhs |
Top Companies Hiring for MBA Graduates in Singapore
Singapore is a hub for top companies looking to hire MBA graduates, offering diverse career opportunities across industries like consulting, finance, technology, and more. The city’s growing business ecosystem attracts global firms seeking skilled professionals with advanced management expertise. Here are some top recruiters for MBA graduates in Singapore:
- McKinsey & Company
- Citi
- Bain & Company
- Amazon
- PwC
- DBS Bank
- Procter & Gamble
- Schneider Electric
Work Permit after Studying MBA in Singapore
After completing an MBA in Singapore, international students can apply for a Long-Term Visit Pass (LTVP) to stay in the country and look for work. This pass allows a limited duration for job search, after which students must transition to a Work Permit if employed.
- Eligibility: Indian students can apply for an LTVP if they have graduated from a recognized Institute of Higher Learning (IHL) in Singapore.
- Validity: The LTVP is non-renewable, and students must secure a job that qualifies them for a Work Permit within a year to stay longer.
- Documents Required: Students need to provide their educational certificates, passport, valid visit pass, and a recent passport-sized photo.
- Application Process: The LTVP application is done online through the e-VP system.
- Fees: Students must pay a processing fee of SGD 30, and if approved, an issuance fee of SGD 60.
- Post-Study Work Permit: Once employed, students can transition to a Work Permit through their employer’s application.
MBA Admission Process in Singapore
To apply for an MBA in Singapore, Indian students must select a university, complete the online application, and submit the required documents (transcripts, GMAT/GRE, English proficiency scores, resume, LORs, and SOP). After the interview, confirm admission, pay fees, apply for a Student Pass, and plan travel.
Step 1: Select Universities: Research and shortlist top MBA universities in Singapore based on program offerings and other factors like fees and rankings.
Step 2: Online Application: Fill out the online application form available on the university’s website and ensure all details are accurately provided.
Step 3: Required Documents: Submit necessary documents such as academic transcripts, GMAT/GRE scores, IELTS/TOEFL scores, resume, letters of recommendation (LORs), and statement of purpose (SOP).
Step 4: Submission: Submit the application and documents before the deadline to avoid any delays.
Step 5: Interview: If shortlisted, attend the interview (in person or online), where you will be assessed on your academic potential, career goals, and motivation for the program.
Step 6: Acceptance & Confirmation: If selected, receive an acceptance letter. Confirm your admission and submit the tuition fees.
Step 7: Apply for Student Pass: Apply for a student visa (Student Pass) to study in Singapore, which is mandatory for international students.
Step 8: Plan Your Journey: After getting your Student Pass, finalise travel plans, accommodation, and other necessary preparations for your stay in Singapore.
Executive MBA Colleges in Singapore
Top executive MBA colleges in Singapore include INSEAD Singapore, NUS Business School, and Nanyang Business School (NTU). These institutions offer globally recognized EMBA programs that cater to experienced professionals seeking advanced management education to boost their leadership skills.
|
QS MBA Ranking |
Institution Name |
Tuition Fee (USD) |
Tuition Fee (INR in Lakhs) |
|---|---|---|---|
|
8 |
National Institute of Singapore |
$129,681.25 |
1.08 Crore |
|
15 |
Nanyang Technological University |
$117,688.27 |
98.05 Lakhs |
|
11 |
INSEAD Asia Campus |
$152,406.72 |
1.26 Crores |
|
- |
Rutgers Business School |
$57,988.90 |
48.25 Lakhs |
Cheapest MBA in Singapore for Indian Students
Singapore is emerging as a popular destination for affordable overseas MBA programs due to its world-class education system, strategic location, and vibrant economy. Whether you are looking for a full-time, part-time, or executive MBA, Singapore offers quality programs at competitive prices. Here are some of the top univserities offering affordable MBA in Singapore:
|
University |
Average Tuition Fees (per year) |
|---|---|
|
James Cook University Singapore (JCUS) |
INR 4L – INR 6L |
|
PSB Academy |
INR 3L – INR 5L |
|
Kaplan Singapore |
INR 4L – INR 6L |
|
Curtin University Singapore |
INR 5L – INR 6L |
|
Singapore Institute of Management (SIM) |
INR 6L – INR 8L |
MBA Scholarships in Singapore for Indian Students
There are 3 types scholarship grants offered to Indian students for studying MBA in Singapore.
They are as listed below:
- Government Scholarships
- External Scholarships
- University-specific scholarships
|
Scholarship Name |
Eligibility Criteria |
Amount Awarded |
|---|---|---|
|
NUS MBA Study Awards |
For students enrolled in the NUS research program. |
Full tuition fees + monthly stipend of 1,500 SGD for master’s students |
|
Nanyang Scholarship |
For international students in the NTU-University Scholars Program. |
8,801 SGD/year + full coverage of subsidised tuition fees |
|
INSEAD Antonio Borges Endowed Scholarship |
For students pursuing or interviewing for the MBA program at INSEAD’s France campus. |
15,281 SGD |
|
Global Study Awards |
Merit-based scholarship for two students per academic year. |
13,543 SGD |
|
Go Clean Scholarship |
Requires an article on “How to keep the environment green and clean.” |
4,740 SGD (once per academic year) |
How to Study MBA in Singapore without Work experience?
MBA in Singapore can be pursued without work experience by demonstrating an exemplary academic performance in the Under Graduate program, and having great standardised test scores, along with an intriguing SOP!
Exams Required
- GMAT/GRE: Most universities require GMAT or GRE scores for admission. These exams assess analytical, verbal, and quantitative skills.
- Executive Assessment (EA): Some programs, particularly those designed for professionals, may accept the EA as an alternative to GMAT/GRE.
- English Proficiency Tests: If the undergraduate degree was not in English, TOEFL or IELTS scores may be required to prove language proficiency.
- Waiver for Exceptional Cases: Certain universities may waive exam requirements for candidates with strong academic records or relevant internships.
Top Colleges for MBA in Singapore Without Work Experience
Several prestigious universities in Singapore offer MBA programs that may accept candidates without work experience. Top options include:
- National University of Singapore (NUS) Business School
- INSEAD Asia Campus
- Singapore Management University (SMU) Lee Kong Chian School of Business
- ESSEC Business School Singapore
Benefits of Studying MBA in Singapore
Singapore is one of the best student cities due to its safe environment, affordability, and educational excellence. There are several reasons to pursue an MBA there. Let us explore the top reasons for Indian students to choose an MBA program in Singapore:
- English as a Mode of Communication: Singapore is the best study destination for international students and has over 20 languages. Though, English is the language of teaching in business schools and the method of communication in day-to-day life. International students who want to apply for an MBA program in Singapore can do very well without any hurdles in the communication process.
- Global and Multicultural Exposure: Networking and communicating with an individual from different backgrounds and varied nationalities is an effective tool for improving a person's personality. Exchange programs and international study trips, which are a part of MBA courses in Singapore for international students, add value to the course.
- Great Career Prospects: It is compulsory for international students pursuing MBA in Singapore to stay and work for 3 years upon graduation as per policies of government-funded institutions. Job opportunities in this country are high for international students compared to other Asian countries, and employers in Singapore are always looking forward to hiring international candidates.
- Easy Visa Process: Singapore student visa process is quite easy. The application is linked to the university, and the university does a central portion of the application procedure on behalf of the students.
MBA in Singapore vs India: Which One is a Better Choice?
An MBA in Singapore offers global exposure, high salaries (60,000–120,000+ SGD), and strong industry ties but comes with higher tuition (33,000–100,000 SGD) and living costs. In India, MBAs provide diverse job opportunities and lower costs (5,000–50,000 SGD) with salaries ranging from 17,000–67,000+ SGD, ideal for affordability.
|
Aspect |
MBA in India |
MBA in Singapore |
|---|---|---|
|
Job Opportunities |
|
|
|
Post MBA Salaries |
|
|
|
Placements |
|
|
|
Costs |
|
|
|
Additional Points |
|
|
From the Desk of Yocket
Pursuing an MBA in Singapore is a big step, and we understand the journey—because we’ve guided over 10,000 students through it successfully. At Yocket, industry experts with 15+ years of experience offer personalised support to help you make the best decisions for your future. From selecting the right program to preparing your applications, we’re here to make the process seamless. Let us help you take this next step confidently—schedule a FREE 30-minute consultation call with one of our expert counsellor.
