Why study an MBA in Singapore?
Singapore was ranked as the Asian city with the highest quality of living in 2014, and was the first city in Asia to ever make it into the top 25. Strong trade and investment makes it one of the most lucrative centres for business in the whole of Asia.
Add in the fact that the World Bank also ranks it as the world’s easiest place to do business, and suddenly Singapore starts to become a very attractive prospect for those thinking of studying for their international MBA program in Asia.
What international MBA programs are offered in Singapore?
Studying an MBA in Singapore offers you the option to do a 16 month general MBA, covering core areas of business such as economics, leadership, finance, management and entrepreneurship, or a longer (24-32 month) specialised international MBA program.
With a specialised MBA you will study the same core classes that are provided by the general MBA, but you will also have the opportunity to focus on areas of your choice – so possibly accountancy, finance or international studies.
Immigration and visas in Singapore
In general, you will need to apply for a student pass/ visa to study an MBA in Singapore once you have been accepted onto a business course. After receiving your letter of acceptance, you should apply for a Student Pass with the Immigration & Checkpoints Authority (ICA). If you require a visa to enter the country you should apply at least two months before your international MBA program is due to begin.
You will need the following documents:
- Two copies of Form 16, Form V36 and Form V395, completed and signed by you as well as your local sponsor
- Your Birth Certificate
- Your education certificates and results transcripts
- Copies of passport pages
What are the costs of studying for an MBA in Singapore?
The average tuition fee to complete your MBA in Singapore is $50,000 Singapore dollars, which is just over £25,000. You can pay this over the period of your study, and students can very often get scholarships or financial aid to help with funding.
Working in Singapore
Singapore’s government has released a list of industries that are currently in demand, and will be over the next few years. They are:
- Manufacturing
- Construction
- Healthcare
- Finance
- Information Communication and Digital Media
- Tourism and Retail
Over the last few years, Asia and the Pacific region have become hubs for technology and industry, so choosing an MBA that allows you to specialise in one of these fields will improve your career prospects in the future.
What to do next
If you would like more information on choosing and applying for an MBA program in Singapore, sign up to our Free Application Service. We’ll get in touch with you with information tailored to your requirements, including advice on the best business course for you.
