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Home » Everything About Top MBA Colleges in Singapore & Why it’s the Right Choice!

Everything About Top MBA Colleges in Singapore & Why it’s the Right Choice!

mba colleges in singapore

Singapore is one of the main financial centers of Southeast Asia, and its competitive economy makes it one of the most sought-after educational destinations for international students who want to study abroad. With top universities in Singapore offering Master of Business Administration (MBA) programs, Singapore is one of the most preferred destinations for MBA applicants. So, if you are the one who is looking for a definite list of MBA colleges in Singapore, you are on the right page!

Do You know?

Singapore is a country that places great importance on the education sector. Around 19.96% of the total expenditure is invested in education, of which 35.28% is in higher education.

World-class education, employment opportunities, quality infrastructure, excellent healthcare, and international diversity attract students from all over the world to pursue higher education in Singapore. High competition and a well-developed economy and the availability of many job opportunities are some of the reasons why many students from all over the world apply for an MBA in Singapore. International students come to Singapore not only to study abroad but also to gain exposure to an industry-focused curriculum and easy access to international networks.

So, without further ado! Let’s get started… 

What all is covered in this post? 

To make it easier for you, we have created a quick guide to everything you need to know about the best MBA colleges in Singapore. 

highlights of mba colleges in singapore

List of Top 10 MBA colleges in Singapore

The MBA in Singapore is a flexible 1.5-2-year program that costs between US$60,000 and US$90,000 for international students. It is estimated to be up to 65 lakhs for Indian students. For those looking forward to pursuing an MBA in Singapore, it is important to have around 80% marks in your undergraduate degree, TOEFL (92-100 or other equivalents), and GMAT/GRE scores (optional for some universities). Often only a few MBA universities in Singapore have work experience requirements.

The Master of Business Administration (MBA) is an internationally recognized diploma course that teaches you the skills you need to manage and administer a business. The top business schools in Singapore that offer MBA are listed in the table with their ranking and program duration:

UniversityQS Ranking 2022Tuition Fees (USD)
National University of Singapore (NUS)2959,114 
Singapore Management University (SMU) – Lee Kong Chian School of Business49,435
Nanyang Technological University (NTU)2845,751
INSEAD Asia Campus90,910
James Cook University27,569
ESSEC Business School48,652
Nanyang Institute of Management28,027
PSB Academy19,302
SP Jain School of Global Management25129,438
Amity Global Institute15,491

Note: To know more everything about Student Visa & How to Study in Singapore, refer our Singapore Student Visa & Study in Singapore blog posts!

About best MBA colleges in Singapore 

In this section, we will introduce you to the explanation of the above-mentioned list of best MBA colleges in Singapore: 

National University of Singapore (NUS)

The National University of Singapore (NUS) was established on 8 August 1991 as an autonomous university in Singapore. 

  • Duration: 17 months 
  • Eligibility: UG Degree, 2 years work experience, GRE/GMAT scores, TOEFL above 100 or IELTS above 6.5
  • Why study here? NUS MBA graduates have expertise in various disciplines such as finance, accounting, and marketing. This means they can work in a variety of industries, such as banking, consulting, or retail. NUS is a leading university in Asia and ranked number one in Asia by QS. It offers a range of programs that span from the humanities to engineering and business to law.

Singapore Management University (SMU) – Lee Kong Chian School of Business

SMU is one of the best MBA colleges in Singapore. 

  • Duration: 12 months for full-time, 18 for part-time
  • Eligibility: UG Degree, 2 years work experience, SMU admission test or GRE/GMAT results, TOEFL score
  • Why study here? SMU’s MBA program is a one-year full-time program in which students complete a minimum of six modules and complete an internship. The university was established and has been recognized as one of the best universities in Asia by QS, US News & World Report, and the Financial Times. The university offers students a range of MBA programs to choose from Full-time MBA, Executive MBA, One-year MBA, or Two-year MBA. 

Nanyang Technological University (NTU)

NTU Nanyang Technological University (NTU) is one of the world’s leading technological universities with a rich history and tradition.

  • Duration: 12 months for full-time, 18 for part-time
  • Eligibility: UG Degree, 2 years work experience, GRE/GMAT scores, TOEFL above 100 or IELTS above 6.5
  • Why study here? NTU’s MBA program is designed for ambitious professionals who want to develop their careers through an international perspective, rigorous academic content, and hands-on professional experience. This course will provide students with the business management skills that are critical to success in today’s competitive global economy, as well as providing them with a key understanding of how organizations operate across cultures and countries.

James Cook University

JCU Singapore is a nationally ranked university and offers a wide range of undergraduate and postgraduate courses in business, engineering, health sciences, law, education, humanities, and social sciences.

  • Duration: 12 months for full-time, 16 for part-time
  • Eligibility: AQF level 7 UG Degree, 2 years work experience in a managerial role, TOEFL 86, IELTS 6.5
  • Why study here? The James Cook University MBA program in Singapore includes a curriculum that is based on the latest developments in business management with a focus on entrepreneurship, innovation, and sustainability. An MBA degree provides students with a well-rounded education that matches their career goals, enabling them to acquire skills suitable for industries such as finance, marketing, or IT.

INSEAD Asia Campus

INSEAD Business School offers six master’s degrees, executive education courses, a business foundation certificate, and doctoral degrees. The courses are offered in nine academic fields and 15 centers specializing in business administration, management, and economics.

  • Duration: 10 months 
  • Eligibility: UG Degree, 2-10 years work experience, GMAT score 70-75th percentile, GRE 80th percentile or above, English proficiency
  • Why study here? For the past few years, INSEAD Singapore has been recognized by Forbes magazine as one of the best MBA programs in the world. The program has an excellent alumni network that will provide you with connections in many fields and sectors. The school also provides excellent facilities such as an international library, modern classrooms and laboratories, and a modern campus located in Singapore’s central business district.

Conclusion 

The return on investment is expected to be more than 200% of the cost of studying abroad. In this regard, it is reasonable to conclude that doing an MBA in Singapore is worthwhile. Excellent job prospects are also made more accessible by the existence of regional headquarters of multinational companies such as Google, Apple, Meta, and others.

Not settled yet! Do dial us! iDreamCareer is on a mission to reach every state and every child in order to ensure that talent is appropriately delivered to the industry.

Talk to our study abroad experts to know yourself in and out! We have helped several brilliant but confused minds with the aim to select their most-suited career choices. We have helped many students like Anjana Prasanna who was not very confident about her capabilities. Later with the help of career guidance and moral support from our study abroad experts she got an offer from King’s College London! We have helped several young confused minds like Aayush and Tapan with an aim to select their most-suited career choices.

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FAQs

Is GMAT necessary for MBA in Singapore?

GMAT is not a mandatory requirement for MBA programs in Singapore. However, it can help increase your chances of getting into a top-ranked graduate school. There are several top-rated graduate programs in Singapore that do not require applicants to take the GMAT before applying, and some schools offer exemptions if you have taken other exams such as the SAT or GRE. However, if you want to be considered for the top MBA programs in Singapore, you will need to pass the GMAT as part of the application process and this can increase your chances of being accepted into one of these programs.

What is the average MBA salary in Singapore?

The average salary of an MBA graduate in Singapore is around $75,000.

What is the eligibility for an MBA in Singapore?

A bachelor’s degree from a recognized university, English proficiency scores, GRE/GMAT scores, GPA of at least 2.8, and work experience of at least two years, among others, are the minimum requirements for an MBA in Singapore.

How can you get an MBA in Singapore?

To get into the best MBA colleges in Singapore, you need a good academic record, at least two years of work experience, and a CGPA of 2.8 at the graduate level. Some universities may also require a GMAT/GRE/TOEFL/IELTS score for admission.

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