Singapore is one of just three city-states in the world. It is one of the most prosperous and educated nations in the world that consistently enjoys high average salaries and low unemployment rates. New arrivals in Singapore will be struck by the majesty of Central Singapore, a swarm of towering skyscrapers that stand at the edge of Marina Bay, which in turn is home to a 101-hectare national park. It is a suitably grand introduction to a place that has established itself as an international point of reference for higher education.
Singapore’s six universities are among the best in the world, while globally-recognized foreign schools, such as Yale, INSEAD, and ESSEC have all established campuses in the city-state. There is huge demand to study in Singapore given its reputation, and despite the high cost of studying and living, there can be little doubt that graduates leave a Master in Singapore with some of the best career prospects anywhere in the world.
Singapore is one of the most expensive places in the world, with minimum monthly rental costs of EUR€600 – though that number could double or triple depending on the location. Minimum monthly expenses are around EUR€820. The cost of an Master in Singapore ranges from EUR€30,000 to over €100,000 at the most prestigious business school (INSEAD).
Yes, you will need a student visa which costs S$60 (US$44). The required documents for a Singaporean student visa include a university acceptance letter, a valid passport, recent passport-sized photos, a birth certificate, travel and health insurance, vaccination certificates, and proof of financial support.
The city-state may only be home to six national universities, but two of them – Nanyang Technological University and the National University of Singapore – have full-time MBA programs that rank among the top 30 in the QS Global MBA Rankings 2022. The prestigious business school INSEAD, as well as the American-based Yale School of Management, also have campuses in Singapore.
Working in Singapore post-graduation is possible through various types of work visa options available to all international students. Since 2010, the national unemployment rate has remained below 5%, one of the lowest rates in the world. Graduates who find work in Singapore will benefit from some of the highest average postgrad salaries in the world, as well as an extremely high graduate employment rate.
As a world leader in average salaries, quality of life, and higher education, Singapore is a true global hotspot for international students. There are currently around 50,000 international students in Singapore, mainly from other countries in Asia.
Want to know what it is really like to do be an MBA student? Do you have a specific question about a graduate school or MBA program, or would you like to know what life is like at your selected study destination? Get in touch with these student ambassadors, who will be happy to share their insights and real experiences with you.