Is Singapore expensive for Indian students?

The average monthly living costs of studying in Singapore range from 2,000 to 12,000 SGD (1,07,806 to 6,46,838 INR).

Which type of MBA is best for students?

General Management is constantly one of the most popular. General management students will learn a diversity of management skills helpful to organisations in any industry.

Do I require work experience for MBA in Singapore?

For an MBA in Singapore in some of the leading business schools, it is significant for the students to show a minimum of 2 years of work experience.

What are the top streams in MBA program?

Some of the top streams in MBA program are: 1) Supply chain management 2) Marketing 3) Human resource 4) Information technology 5) Health care management 6) International Business

Cost of Studying MBA in Singapore: Know about Singapore MBA University Fees, Cost of Living & Other Expenses

Singapore is one of the best countries worldwide, which makes it an ideal choice for international students to opt for the MBA program. An opportunity to work in the country once the students have finalised their education. Students looking to pursue an MBA degree in Singapore also look for MBA in Singapore cost and take benefit of being able to choose from a massive pool of programs and schools. The average fee for the MBA program in Singapore is around 30,000 SGD, contingent upon the university. The minimum tuition cost could be about 15000 SGD. In this blog, we deliver you with a thorough look into the MBA in Singapore cost that will help you calculate your expenses and manage accordingly.

Table of Contents:

Pre- Arrival Cost to Study MBA in Singapore
Post- Arrival Cost to Study MBA in Singapore for International Students
Other Miscellaneous Expenses

Pre- Arrival Cost to Study MBA in Singapore

The cost of study when studying in Singapore broadly includes all your expenses from pre-departure to post-departure for an MBA in Singapore. The pre-departure cost is the one which a student needs to pay before travelling to Singapore. And the post- departure is the cost that comes after reaching the destination.

So, to know the expenses of pre-arrival, let’s check out the table mentioned below:

Type of Expenses	Cost (SGD)
Visa Application Fees	60
Application Fee	100
IELTS Fees	252- 259
GRE Fees	279- 314
TOEFL Fees	218- 341
GMAT Fees	341
Flight Tickets (One- way)	232- 286

Post- Arrival Cost to Study MBA in Singapore for International Students

Singapore has one of the supreme business environments in Asia, a budding source of employment opportunities for international students. Every year approx. 3,000 Indian students go to Singapore for study purposes. The post- arrival cost of studying MBA in Singapore include tuition fees for business school, cost of living and health insurance. To know these expenses let’s discuss in detail:

Tuition Fees for Best MBA Colleges in Singapore

The duration of the MBA program differs from university to university. Some B-schools have a course duration of 2 years, while others offer a 16-months MBA course. If you are interested in Executive MBA in Singapore, the course duration will be a minimum of 1 year. Some of the following top MBA colleges in Singapore with fee structure are:

MBA Business School	MBA Course Duration	Singapore MBA Fees
S P Jain School of Global Management, Singapore	12 months	41,185 SGD
Lee Kong Chian School of Business, Singapore Management University	15 months	62,619 SGD
NUS Business School, National University of Singapore, Singapore	17 months	65000 SGD
ESSEC Business School, Asia-Pacific, Singapore	15 months	74,141 SGD
Management Development Institute of Singapore	12 months	23,831 SGD
James Cook University, Singapore	16 months	37,878 SGD

Suggested: Top Business Schools in Singapore

Cost of Living in Singapore to Study MBA in Singapore

Once you’ve received the acceptance letter for the MBA program from Singapore Universities, it’s time to ensure the living expenses to stay in Singapore while studying. On average, an international student in Singapore spends about 750 to 2,000 SGD a month on living costs. However, this amount may differ according to students’ lifestyle and the course they are pursuing.

Below is the table of basic expenses:

Average Monthly Expenses	Cost in SGD	Cost in INR
Rental (University Halls of Residence)	210-320	11,650-17,690
Bus Transport (Concessional)	120	6,150
Public Trains (Concessional Pass)	120	6,150
Meals (at university hostel)	150- 800	8,000- 41,000

Health Insurance for International Students in Singapore

International health insurance provides medical coverage in a specific country or region, or even all over the world, depending on the plan's terms and conditions. There are various health insurance plan for international students studying in Singapore:

International Health Insurance Plan	Max. Coverage Limit	Annual Premium (SGD)
Cigna Silver Plan	$1 million	2,183
MSIG Prestige Healthcare Elite	$900,000	920
FWD International Health Insurance	$3 million	2,336
Liberty MyHealth International Essential	$2 million	3,786

Suggested: Cost of Studying in Singapore

Other Miscellaneous Expenses

Once you’ve planned your accommodation and transportation expenses, the student also needs to pay attention to several other miscellaneous expenses such as stationery, a visit to the doctor, internet connection etc.

Particulars	Average monthly cost in SGD	Average cost in INR
Books and Stationery	150	6919
Internet	40	1845
Haircut	35	1614
Utilities	100	5584

Suggested: Work Opportunities in Singapore

Singapore is measured as one of the best education systems globally with its renowned universities. While some cities in this country are quite expensive, a random selection of locations is not worthwhile. So, if you’re planning to do an MBA program in Singapore and want to know Singapore MBA fees, connect with our Yocket professionals and get further guidance for MBA in Singapore.