650
Avg. GMAT
28
Avg. Age
$ 73K
Avg. Cost of Study
15
Avg. Months Duration
$ 65K – 80K
Avg. Salary
Eligibility Criteria: MBA in Asia
- Completed Application Form: A filled-out application form provided by the institution.
- Transcripts: Official transcripts from all colleges/universities attended.
- Bachelor’s Degree Certificate: Proof of completing a bachelor’s degree from a recognized institution.
- Resume/CV: A detailed summary of your educational and professional background.
- Letters of Recommendation: Usually 1-2 letters from professors or employers who can attest to your abilities.
- Statement of Purpose (SOP): A written statement explaining your motivations, career goals, and reasons for pursuing an MBA.
- Entrance Exam Scores: GMAT or GRE scores, if required by the program.
- Language Proficiency Scores: TOEFL or IELTS scores to demonstrate English language proficiency for non-native speakers.
- Work Experience Documents: Proof of relevant work experience, such as reference letters or employment certificates.
- Passport-sized Photographs: Typically, recent passport-sized photos for identification.
- Application Fee: A non-refundable fee to cover the application processing costs.
Please be aware that specific requirements can vary between institutions, so it’s important to check the application guidelines of the MBA programs you’re interested in.
Why Study MBA in Singapore & Asia?
MBA programs in Asia, including Singapore, have gained significant prominence over the years due to the region’s rapid economic growth and increasing global influence. Singapore, in particular, has emerged as a top destination for MBA seekers, attracting students from all around the world. Renowned universities and business schools in Singapore offer diverse MBA specializations, cutting-edge curriculum, and a culturally diverse learning environment, making it an attractive choice for both local and international students. The city-state’s strategic location as a hub for business and finance in Southeast Asia provides ample networking opportunities and access to thriving industries, making it an excellent platform for MBA graduates to advance their careers in the region and beyond.
Asia is the fastest-growing region globally, driven by factors like a growing middle class, rising incomes, and urbanization. This growth provides numerous business opportunities, making MBA graduates with knowledge of the Asian market highly sought after. Asian businesses expanding globally seek international talent with the necessary skills and experience. An MBA from a top Asian business school enhances your prospects of securing a job with leading companies in Asia or worldwide Business education in Asia is on par with the best global business schools. Many Asian business schools rank among the top 100 worldwide and offer diverse MBA programs.
Global Economic Hub:
- Asia is a rapidly growing economic region with emerging markets and business opportunities.
- Singapore, a strategic location in Asia, serves as a gateway to regional and global markets.
Diverse Business Environment:
- Asia offers diverse industries and markets, providing rich learning experiences for MBA students.
- Singapore’s multicultural society and business landscape foster cross-cultural skills and global perspectives.
Leading Business Schools:
- Top-notch business schools in Asia offer reputable MBA programs, attracting world-class faculty and students.
Networking Opportunities:
- Asia’s strong business networks create valuable connections for career growth and entrepreneurship.
- Singapore’s vibrant business ecosystem hosts conferences, events, and networking opportunities for MBA students.
Innovation and Entrepreneurship:
- Asia’s dynamic environment encourages innovation and entrepreneurial ventures.
- Singapore’s supportive policies and resources make it an ideal place to launch startups and engage in innovation.
MBA Programs in Asia
There are many different types of MBA programs offered in Asia and Singapore. Some of the most common types include:
- Full-time MBA programs
- Part-time MBA programs
- Executive MBA programs
- Online MBA programs
- Accelerated MBA programs
In addition to these common types of MBA programs, there are also a number of specialized MBA programs available, such as:
- Finance MBA programs:
- Marketing MBA programs
- Entrepreneurship MBA programs
- Data analytics MBA programs
Program Costs + Living Expenses: MBA in Singapore & Asia
$60K
Avg. Tuition Fee
+
$12K
Avg. Living Cost
+
$500
Avg. Visa Charges
Avg. Cost of Study
The cost of an MBA program in Asia varies depending on the program and location. However, the average tuition fees for an MBA program in Asia range from $50,000 to $90,000 USD.
The average living expenses for an international student in Asia range from $10,000 to $15,000 USD per year. This includes rent, food, transportation, and other miscellaneous expenses. The visa charges for an international student in Asia vary depending on the country. However, they typically range from $100 to $500 USD.
In addition to the tuition fees, living expenses, and visa charges, there are a few other factors to consider when budgeting for an MBA program in Asia. These include the cost of textbooks and other course materials, the cost of travel and accommodation for study trips, the cost of health insurance, and the cost of entertainment and socializing.
Employment Prospects: MBA in Asia
Employed within 3 months of graduation
Avg. Salary
Most Sought-after Jobs
Logistics manager
Marketing manager
Business operations manager
Human resources manager
Management consultant
Chief executive officer (CEO)
Top companies hiring for MBA students in Asia and Singapore:
Consulting firms: McKinsey & Company, Bain & Company, Boston Consulting Group, and Accenture are some of the most well-known consulting firms in the world. They offer MBA graduates high-paying jobs with the opportunity to work on challenging and strategic projects.
Financial services firms: Banks, investment banks, and asset management firms are also major employers of MBA graduates in Asia. These firms offer a variety of roles in areas such as investment banking, private equity, and asset management.
Technology companies: Technology companies such as Google, Amazon, and Microsoft are rapidly growing in Asia and are always looking for talented MBA graduates to join their teams. These companies offer cutting-edge technology and the opportunity to work on innovative projects.
Multinational corporations: Multinational corporations such as Unilever, HSBC, and Procter & Gamble have a presence in many countries in Asia. They offer MBA graduates the opportunity to work in a global environment and gain exposure to different cultures.
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Scholarships Available: MBA in Singapore & Asia
INSEAD Witt Scholarship for South East Asia
Candidates hailing from Southeast Asia (excluding Singapore) with proven financial need and exceptional abilities are eligible for this scholarship. The scholarship will fully cover the tuition fees for the INSEAD MBA programme.
Chulalongkorn University Education and Research Scholarships
Students from across the globe who have secured admission to Chulalongkorn University’s Master of Public Administration (MPA) or Master of Business Administration (MBA) programs can apply for these scholarships. The awards include complete coverage of tuition fees, along with a monthly stipend and a travel allowance.
Seoul National University Exchange Program Scholarships
These scholarships are available to students from partner universities who are participating in the Seoul National University Exchange Program. The scholarships cover the full tuition fees, a monthly stipend, and a travel allowance.
Silk-Road Scholarship Program at Seoul National University
Students who have gained admission to the Master of International Management (MIM) program at Seoul National University from countries along the Silk Road are eligible for this scholarship. It encompasses complete tuition fees, a monthly stipend, and a travel allowance.
Sogang Global Scholarship
This scholarship is available to international students who have been admitted to the MBA programme at Sogang University. The scholarship covers the full tuition fees, a monthly stipend, and a travel allowance.
Visa & Stay Prospects: MBA in Singapore & Asia
If you are planning to pursue an MBA in Singapore or any other Asian country as an international student, you will typically need to navigate the visa and stay regulations to ensure a smooth experience during your studies. Here’s a general overview of what you might expect:
Visa Process
Acceptance from University: Before you can apply for a student visa, you need to be accepted by a recognized educational institution in Singapore or the country where you plan to study.
Student Pass/Visa Application: Once you have been accepted into an MBA program, you will need to apply for a student pass or visa, depending on the country’s terminology. For Singapore, this would be the Student Pass.
Documents Required: The required documents usually include a valid passport, admission offer letter from the university, completed visa application form, passport-sized photographs, proof of financial ability to cover tuition and living expenses, and potentially other documents depending on the country.
Health Insurance: Many countries require international students to have health insurance coverage for the duration of their stay.
Application Process: The process and requirements can vary greatly. Some countries might require an in-person interview at the consulate or embassy, while others might offer online application systems.
Stay Regulations
Duration of Stay: Student visas are typically issued for the duration of your academic program. Make sure you understand the validity period of your student pass and plan your travel and studies accordingly.
Part-Time Work: Some countries allow international students to work part-time during their studies. Regulations regarding this can vary, so it’s important to research and understand the local rules.
Post-Graduation Stay: Some countries offer post-study work visas that allow you to stay and work after completing your MBA. Singapore, for example, has the “Graduate Employment Pass” that allows eligible graduates to work in Singapore for up to one year after graduation.
Renewal: If your MBA program extends beyond the validity of your initial student pass, you’ll need to renew your pass before it expires. This usually involves providing proof of continued enrollment and sufficient funds.
Compliance: It’s important to adhere to the terms of your student pass, including attending classes regularly, maintaining the required academic performance, and abiding by local laws.
Top Ranking Business Schools in Asia
| University | Details | Suggested |
| Nanyang Technological University | Duration: 12 months Format: Full-time Avg. Working experience: 2 years* Location: Singapore | |
| National University of Singapore | Duration: 17 months Format: Full-time or Part Time Avg. Working experience: 2 Years* Location: Singapore | |
| China Europe International Business School | Duration: 12-16 months Format: Full-time Avg. Working experience: 1 – 2 years* Location: Shanghai, China | |
| INSEAD Business School | Duration: 10 months Format: Full-time Avg. Working experience: 2 – 3 years* Location: France and Singapore | |
| Hong Kong University of Science and Technology | Duration: 16-24 months Format: Full-time, Part-time Avg. Working experience: 0 – 3 years* Location: Hong Kong |
FAQs about MBA in Asia
Why should I consider pursuing an MBA in Asia, and specifically in Singapore?
Asia has been experiencing rapid economic growth and emerging as a global business hub. Singapore, in particular, offers a strategic location, a diverse and multicultural environment, and strong connections to various industries, making it an attractive destination for MBA studies.
What are the admission requirements for MBA programs in Singapore?
Admission requirements can vary between universities, but generally, you’ll need a bachelor’s degree from a recognized institution, relevant work experience (usually a few years), competitive GMAT/GRE scores, letters of recommendation, a statement of purpose, and sometimes an interview.
Which country in Asia has the best MBA programs?
Singapore has some of the best MBA programs in Asia and stands out for its global recognition. Some of the best known Business Schools in Asia include:
Can I apply for Permanent Residency (PR) in Singapore after completing my MBA?
Completing an MBA in Singapore might provide you with certain advantages when applying for PR, such as demonstrating your commitment to the country’s economy and contributing to its workforce. However, PR approval is not guaranteed and depends on various factors.
How can I choose the right MBA program in Singapore for me?
Consider factors such as the program’s reputation, accreditation, faculty, specialization options, location, networking opportunities, alumni network, and career services. Research thoroughly and attend information sessions if possible.
