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Singapore: Costs and Salaries for Top Business Schools

Updated: Jun 21, 2023

Singapore is rapidly becoming one of the most popular destinations for business education in Asia, with many top-ranked business schools offering world-class programs. Pursuing a business degree in Singapore can be a great investment, as the country has a thriving business environment and a growing economy. In this blog, we will take a closer look at the cost of education and the average salary package of top business schools in Singapore.

  1. National University of Singapore Business School (NUS Business School) NUS Business School is the oldest and most prestigious business school in Singapore, consistently ranked among the top business schools in Asia and the world. The cost of a full-time MBA program at NUS is approximately SGD 62,000 for Singapore citizens and permanent residents, and SGD 68,000 for international students. According to the latest employment report, the average base salary for NUS MBA graduates is SGD 128,330.

  2. Nanyang Technological University Business School (NTU Business School) NTU Business School is another highly regarded business school in Singapore, offering a range of undergraduate, graduate, and executive education programs. The cost of a full-time MBA program at NTU is approximately SGD 62,000 for Singapore citizens and permanent residents, and SGD 68,000 for international students. According to the latest employment report, the average base salary for NTU MBA graduates is SGD 120,000.

  3. INSEAD Asia Campus INSEAD is a top-ranked business school with campuses in Europe, Asia, and the Middle East. The INSEAD Asia Campus is located in Singapore and offers a range of MBA and executive education programs. The cost of a full-time MBA program at INSEAD is approximately SGD 123,000. According to the latest employment report, the average base salary for INSEAD MBA graduates is SGD 162,855.

  4. Singapore Management University Lee Kong Chian School of Business (SMU) SMU's Lee Kong Chian School of Business is a leading business school in Asia, offering undergraduate, graduate, and executive education programs. The cost of a full-time MBA program at SMU is approximately SGD 65,000 for Singapore citizens and permanent residents, and SGD 79,500 for international students. According to the latest employment report, the average base salary for SMU MBA graduates is SGD 121,776.

  5. ESSEC Business School Asia-Pacific ESSEC Business School is a leading business school with campuses in Europe and Asia. The ESSEC Asia-Pacific campus is located in Singapore and offers a range of MBA and executive education programs. The cost of a full-time MBA program at ESSEC is approximately SGD 75,000. According to the latest employment report, the average base salary for ESSEC MBA graduates is SGD 98,000.

  6. S P Jain School of Global Management S P Jain School of Global Management is a leading business school with campuses in Dubai, Singapore, Sydney, and Mumbai. The school is known for its innovative curriculum and its focus on developing global business leaders. Cost of education: The cost of education at S P Jain School of Global Management is around SGD 61,000 for the entire program. Average salary package: The average salary package of graduates from S P Jain School of Global Management is around SGD 93,000 per annum.

In conclusion, pursuing a business degree in Singapore can be a great investment in your future career. While the cost of education may be high, the average salary package of graduates from top business schools in Singapore is also quite attractive. It is important to do your research and choose a business school that aligns with your career goals and budget.




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