Best Schools for MBA in Singapore
If you are looking for Top Ranking Business Schools in Singapore, Top 10 Business Schools in Singapore, B-Schools in Singapore, MBA Colleges in Singapore or MBA Universities in Singapore, etc., then your search may finish here. Get here the list of top 10 Business Schools in Singapore to Study Abroad.
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Singapore is also one of the world’s safest countries. The low crime rate, high standard of living, diverse student community and being voted as one of the happiest cities in the world create a perfect environment for MBA abroad aspirants.
In addition to the US and UK, Singapore is also gaining popularity among students who wish to study abroad. It is a premier destination for lifelong learning complemented by world-class educational institutions and facilities. If you decide to Study in Singapore, you will get a chance to be plugged into an education system that promotes excellence. Course fees and living costs are relatively cheaper in Singapore as compared to Western Countries. In recent times, there has been a huge demand for courses related to business administration. Hence, students opt for business schools that offer high-quality education. The top 10 business schools in Singapore are:
1. Singapore Management University
Singapore Management University is Singapore’s first publicly-funded private university with a focus on business and management programs. SMU was incorporated on 12 January 2000; since then, it has established undergraduate and post-graduate programs that aim to produce leaders and creative entrepreneurs capable of excelling in a rapidly changing and dynamic world.
Singapore Management University has various post-graduate courses. Their MBA program is designed for the 21st-century business industry whilst invoking classical practices to cope with the changing global standards.
2. European Business School
European Business School [EBS] is an independent private higher education institution registered with the Council for Private Education in Singapore. It is established by a group of experienced teams of academicians.
3. INSEAD, Singapore campus
INSEAD is the world’s leading and largest graduate business school. INSEAD brings together people, cultures and ideas to change lives and to transform organizations. The teaching and research at INSEAD reflect a global perspective and cultural diversity.
4. NUS Business School (National University of Singapore)
Enrolling diverse students breeds various cultures that shape a global experience in this MBA program. The National University of Singapore explores Western business philosophies from an Asian perspective to bolster Singapore’s learners’ wisdom in navigating the global economy.
Flexible MBA programs in Singapore can be attained here, such as through part-time classes to accommodate the needs of students. When it comes to MBA rankings in Singapore, the 40-year-old National University of Singapore is still at the forefront.
The aim of NUS is to be a globally-oriented university. In Asia’s, Best MBA Schools 2000 category, NUS Business School was identified as having the “Best Part-Time MBA” and enjoying the “Best in Reputation”.
5. James Cook University of Australia, Singapore
JCU brings programs directly from Australia and ensures academic quality; students studying at JCU Singapore can be assured of the same enriching university education as the students in Queensland, Australia. JCU Singapore offers fast track delivery of degrees, allowing students to complete their studies in a shorter duration (usually two years) than conventional Australian degrees.
6. Nanyang Business School
Nanyang Technological University is not just considered to be one of the best MBA Colleges in Singapore. It is also famed for being one of the most beautiful universities in the world because of its lush green environment that embraces the campus.
Beyond its stunning façade, the school offers creative education that progresses with new academic curricula in business and management.
Nanyang Business School is among the top 35 Business schools worldwide according to the 2011 Financial Times (FT) Top 100 Global MBA ranking. The aim of Nanyang Business School is to educate global business leaders and to advance knowledge in the theory and practice of management globally.
7. Chicago Booth School of Business
Since 1898, the Chicago Booth School of Business has produced ideas and leaders that shape the world of business. Their rigorous, discipline-based approach to business education transforms students into confident, effective, and respected business leaders prepared to face the toughest challenges.
8. Aventis School of Management
Aventis School of Management is a prestigious business school in Singapore. It is ranked among the Top 5 Most Preferred Private Education Providers for Post-graduate Degrees in Singapore (JobsCentral Learning Survey 2016), but high-quality education does not always have to come with a heavy price – Aventis School of Management offers an affordable and flexible financing scheme of just $500* per month (Over 24 monthly instalments).
The school is also partnered with accredited universities in London, United Kingdom, and the USA. Their international partnerships and accreditations have made them one of the top MBA in Singapore considered by many.
Aventis School of Management is a leading Graduate School affiliated with the European Foundation for Management Development (EFMD) and European Council for Business Education (ECBE).
9. S P Jain School of Global Management, Singapore
Since its inception, the S P Jain School of Global Management has been ranked among India’s top 10 business schools for its MBA programs. S P Jain School of Global Management won the most coveted trophy of being Asia’s Best b-Schools.
10. Central Queensland University
The School of Management & Marketing of Central Queensland University was established in 2010 to incorporate the key business disciplines of management, strategy, human resource management, marketing, organizational behaviour and tourism management.
Admissions to MBA in Singapore
MBA courses in Singapore are popular for their transformative and experiential learning, making them popular among students. In the sections below, you will go through the overview of the admission process & requirements in Singapore and other details you must be aware of as an international student who wants to pursue studies in Singapore.
How to Apply for MBA in Singapore
Most universities have online application forms. The intake for aspirants for MBA happens in three months, September, October, and January. For most of the popular business schools in Singapore, the commencement of the MBA program is in April.
MBA in Singapore: Eligibility Criteria
When planning to study in Singapore, an applicant is required to fulfil certain requirements for successful admissions at popular business schools. Eligibility for MBA in Singapore includes the basic criteria that every applicant must fulfil for most of the business schools and university-specific criteria. The latter basically deals with the specific score requirements for pursuing MBA from a specific business school in Singapore.
- Language Proficiency Tests- IELTS, TOEFL (For non-native English speakers)
- GMAT/GRE scores, not mandatory
- A Bachelor Degree in any field from any recognized university
- A minimum of 2.8 CGPA at the graduation level. This is equivalent to 83% or B grade.
- A minimum two years of working experience
MBA in Singapore Requirements
The documents required when sending in your applications for Singaporean Universities and B-school are discussed below. For most of the documents, scanned copies can be sent along with the applications. Original documents may be required to be submitted at the time of enrolment with the university:
- Application fees Receipt
- Passport details
- student Pass (for non – Singapore citizens)
- Past academic documents
- Tuition grant: if applied for any
- Financial aid applications
- Awards/ Recognitions/ co-curricular activities/ extracurricular activities/ competitions
- Criminal Offence records, if any
- Medical report stating any disability or illness
- Scores of tests are required for studying in Singapore.
Study Visa of Singapore
After receiving the offer letter from the business school, you have applied for; you need to apply for a student pass to enter Singapore. Discussed below are the visa regulations and how you can apply for a Singapore study visa.
The institute will file for the student pass for Indian application to Singapore Immigration and Checkpoint Authority (ICA). The fee for the student pass varies from college to college. Normally it takes a time period of 2-3 weeks for the documents to get processed and to get the Singapore student visa passes. In order to get the student, pass you would need the following documents:
- Student Visa application Form-ICA form 16 and form V36
- One Passport size photo (preferably the one in the passport)
- Visa application fee bill
- Transcripts (Mark sheets from class 10 to graduation)
- Affidavit of Support to be given by the sponsor on Rs.20 stamp paper(nonjudicial)
- Test scores that your college required, such as the TOEFL, IELTS
- Work experience Certificate
- Bank loan sanction letter (if necessary)
Why Singapore is a popular Hub for an MBA Degree
America might still be an economic powerhouse, with the greatest number of universities producing the brightest business minds in the world, but there are other countries catching up to the race that once began there. Countries like India, China, and Singapore, are now home to some heavy-selling MBA brands.
According to the GMAC Geographic Trend Report, for GMAT score stats in 2017, Asia received 56,213 score reports from examinees all across the globe. Though paling in comparison to American stats, this is an upward trend in the face of immigration and policy uncertainties in the USA. In 2018, MBA enrolment at Singaporean business schools shot up to 3,531, with new interests blooming among international students from China, Vietnam, and India.
The USA, while being a champion in dominating the market of MBA education, has been experiencing a decline in MBA applications. GMAT score reports received, from non-US citizens, at US B-Schools dropped from 61.5% in 2014 to 51.8% in 2018. This percentage is out of the total scores sent to the USA, Western Europe and Canada.
And there you have it! —these are the schools with the best MBAs in Singapore. If you have to enter an MBA program, you’d better make sure it’s worth it; else, you’ll be spending money and time on a futile endeavour.