Masters in Singapore: Colleges, Deadlines, Fees 2023, Jobs & Salaries

Masters in Singapore: Fees 2023, Top Colleges, Placements & Salaries

Masters in Singapore is a postgraduate degree program which usually takes 1-2 years to complete, considering the full-time course load. This program is taught as both coursework and research/thesis based courses. Depending on the university for Masters in Singapore, the annual tuition fee is around 31,850-73,250 SGD (19.62-45.13 lakhs INR)

The top universities in Singapore offer a wide variety of subjects and specialisations for students who want to pursue a Masters in Singapore. Additionally, they have a choice of degree titles, including master of science and master of engineering. Some of the most popular and highest paying degrees include MBA, Master of Engineering (Electrical/Software Engineering), and Master of Law (LLM)

Masters in Singapore: Highlights

Degree Types Masters | Master of Science | Master of Engineering
Course Duration 1-2 years
Program Types Part-Time, Full-Time
Admission requirements Bachelor’s degree (preferably hons) | Relevant work experience (if required) | GMAT/GRE scores (for business programs)
English Proficiency TOEFL: 90 | IELTS: 6.5
Tuition Fee 31,850-73,250 SGD (19.62-45.13 lakhs INR)
Average Salary 68,000 SGD (41.90 lakhs INR)

Masters in Singapore: Top Universities

Singapore has many public, private, and international universities. A variety of master courses with a focus on taught and research programmes are available at autonomous universities and foreign campuses. Here are some of Singapore's top universities, along with the programs offered, application deadlines, and annual tuition fee:

Top Universities Program Application Deadline Tuition Fee (SGD)
National University of Singapore MS in Environmental Management, Business Analytics, Computer Engineering, Energy Systems January 31, 2023-March 31, 2023 48,000-65,000
Nanyang Technological University Master of Applied Economics, Information Systems, Mass Communication August Intake: January 31, 2023 | November Intake: May 31, 2023 | Mass Communication: February 15, 2023 29,700-34,000
Singapore Management University MS in Accounting, Economics | Master of Laws May, 2023 | MS in Economics:August Intake- May, 2023 | January Intake- September, 2023 37,800-51,840
Singapore Institute of Management MS in Data Science and Financial Technology | International Business | Supply Chain and Logistics Management July 31, 2023 39,000-40,651
INSEAD Master in Management | MBA MBA Round 1: September 6, 2022 | Round 2: November 15, 2022 | Round 3: January 10, 2023 | Round 4: March 7, 2023
MIM Round 1: October 4, 2022 | Round 2: November 3, 2022 | Round 3: January 25, 2023 | Round 4: March 22, 2023 | Round 5: May 17, 2023
49,500-97,000
James Cook University-Singapore Master of Information Technology | MBA Trimester 1: January 17, 2023 | Trimester 2: April 30, 2023 | Trimester 3: August 14, 2023 40,176-53,568
Singapore University of Technology and Design Master of Engineering (research) February 28, 2023 51,628
TUM Asia MS in Aerospace Engineering | Industrial Chemistry - 36,000-45,000

Masters in Singapore: Course Structure

In Singapore, master's degree programmes are typically referred to as "graduate study." The course can be taken full- or part-time for a duration of one to two years. There are 2 types of degrees available for Masters in Singapore:

  • Masters by Coursework: Academically oriented professional courses. Towards the end of the course, students are usually required to submit projects.
  • Masters by Research: Research-oriented Masters courses. After the course begins, students must complete and turn in a supervised dissertation or thesis within a certain time frame.

Masters in Singapore: Specializations and Subjects

Students wishing to pursue Masters and study in Singapore can choose from a plethora of subjects and specialisations available in the top universities of Singapore. They can also opt for various degree titles such as master of science and master of engineering. Following is the list of some of the specialisations for Masters in Singapore:

  • Electrical Engineering
  • Mechanical Engineering
  • Computing
  • Data Science
  • Accounting
  • Cyber Security
  • Management
  • Business Administration (MBA)

Why study Masters in Singapore?

  • Two of the six publicly funded universities in Singapore rank in the top 100 universities worldwide. According to the QS World Rankings 2022, Nanyang Technological University and the National University of Singapore are ranked 11th and 19th, respectively.
  • After completing Masters study in Singapore, graduates can earn an average starting salary of 68,000 SGD (41.90 lakhs INR)
  • Singapore is home to some of the top companies hiring graduates, including Microsoft, Shopee, DBS Bank, Mastercard, McKinsey & Company, J.P. Morgan, and Amazon, etc
  • Over the course of the year 2022, the unemployment rate decreased from 3.4% to 2.6% for PMETs (Professionals, Managers, Executives, and Technicians) and from 5.1% to 4.4% for non-PMETs. This indicates an abundance of job opportunities in the country.

Masters in Singapore: Admission Requirements

Most of the top universities in Singapore require a Bachelor’s degree (hons) in related fields for admission to Masters in Singapore. You also need to demonstrate excellent proficiency in English via a minimum IELTS score of 6.5 to 7.0. Some additional admission requirements for in the top universities to study Masters in Singapore are listed below:

Top Universities Admission Requirements Additional Requirements
National University of Singapore Bachelor’s degree (preferably hons) | Relevant work experience (if required) TOEFL: 85 | IELTS: 6.0 | GMAT/GRE scores (for business programs)
Nanyang Technological University Bachelor’s degree (preferably hons) | Relevant work experience (if required) TOEFL: 100 | IELTS: 7.0
Singapore Management University Bachelor’s degree (preferably hons) | Relevant work experience (if required) TOEFL: 90 | IELTS: 6.5
Singapore Institute of Management Bachelor’s degree (preferably hons) | Relevant work experience (if required) TOEFL: 90 | IELTS: 6.5
INSEAD Bachelor’s degree from a recognized university | 2-6 years of professional work experience TOEFL: 103 | IELTS: 7.5 | GMAT score: 640 or GRE equivalent
James Cook University-Singapore Bachelor’s degree from a recognized university | Relevant work experience (if required) TOEFL: 86 | IELTS: 6.5
Singapore University of Technology and Design Bachelor’s degree from a recognized university in science, engineering or related fields | Relevant work experience (if required) TOEFL: 86 | IELTS: 6.5

Also check:

Masters in Singapore: Eligibility Requirements

Basic Admission Requirements for Masters in Singapore:

  • Bachelor’s degree (preferably hons) from a recognized university
  • Relevant work experience (2-6 years,if required)
  • GMAT/GRE scores (for business programs like MBA or MIM)
  • English Proficiency Test Score: TOEFL: 90 | IELTS: 6.5
  • Valid Passport
  • Student Visa

Explore: Singapore Student Visa

Masters in Singapore: Cost

Given below is the detailed overview of the costs which are expected to be incurred by an international student. To ensure a smooth experience, it is always preferable to be aware of the costs involved and optimise the budget beforehand.

Masters in Singapore: Tuition Fees

The tuition fees in some of the top universities for Masters in Singapore is as follows:

Masters in Singapore: Tuition Fees
Top Universities Tuition Fee (SGD) Tuition Fee (INR)
National University of Singapore 56,500 34.81 lakhs
Nanyang Technological University 31,850 19.62 lakhs
Singapore Management University 44,820 27.61 lakhs
Singapore Institute of Management 39,825 24.53 lakhs
INSEAD 73,250 45.13 lakhs
James Cook University-Singapore 46,872 28.88 lakhs
Singapore University of Technology and Design 51,628 31.81 lakhs
TUM Asia 40,500 24.95 lakhs

Cost of Living in Singapore

The estimated expenditure and cost of living in Singapore for an international student ranges from 2,070 SGD (1.27 lakhs INR). The following table demonstrates the average monthly expense to be expected by an international student in Singapore:

Cost of Living in Singapore
Expense Type Average Cost (SGD) Cost Equivalent (INR)
Accommodation 1,250 77,028
Utilities 70 4,313
Food 400 24,648
Transportation 100 6,162
Telecommunications (mobile and internet access services) 50 3,081
Books and Stationary 100 per term 6,162
Personal Expenses 200 12,324

Masters in Singapore: Scholarships

Singapore is determined to attract and support international students, and thus a variety of funding and support options are available to aid postgraduates. Following is the list of some of the popular scholarships in Singapore for international students who are in need of financial assistance to pursue Masters in Singapore.:

Scholarships Eligibility Award Details (SGD)
NUS Research Scholarship Completion of a Bachelor’s degree in upper division, enrolled to a full-time graduate research programme at the National University of Singapore Tuition fees at the university, and a monthly stipend of $1,900
Commonwealth Scholarship Nationals form any Commonwealth countries, completion of Bachelor’s degree in upper division. enrolled to a full-time graduate research programme at the National University of Singapore Tuition fees at the university, monthly stipend of $1,900
MCGG International Scholarship International students (non-ASEAN countries)  pursuing the Master of Social Sciences (China and Global Governance) course at NTU, Interest in understanding contemporary China Covers full-time tuition fees (one year)
SOE MSE Academic Merit Scholarship MSE/MSA in Singapore Management University, Academic excellence and exemplary leadership abilities 8,000-10,000
SMU MSA Global Excellence Scholarship
Women in STEM Scholarship MS courses at TUM Asia, Academic excellence Variable percentage off tuition fees
Academic Distinction Scholarship

Masters in Singapore: Placements

The various jobs in Singapore for international students after Masters in Singapore are as follows:

Masters in Singapore: Placements
Job Roles Average Salary (SGD) Equivalent Salary (INR)
Data Scientist 81,380 50.12 lakhs
User Experience Engineer 64,043 39.44 lakhs
Dietitian 62,017 38.20 lakhs
Information Technology Manager 88,906 54.76 lakhs
Aerospace Engineer 77,830 47.94 lakhs
Architect 68,542 42.22 lakhs
Software Engineer 80,043 49.31 lakhs
Electrical Engineer 106,516 65.61 lakhs
Computer Technician 46,987 28.94 lakhs

Masters in Singapore: Return on Investment

The top universities in Singapore demonstrate significant returns on investment following a Masters degree in Singapore. The ROI of some of the top universities is tabulated below:

Masters in Singapore: Return on Investment
Top Universities Tuition Fee Average Salary
Singapore Management University 44,820 55,000
Singapore Institute of Management 39,825 57,000
INSEAD 73,250 198,000
James Cook University-Singapore 46,872 68,000
TUM Asia 40,500 103,000

Masters in Singapore: College Comparison

Categories National University of Singapore Nanyang Technological University Singapore Management University
QS World Rankings 2023 #11 #19 #561
Admission Requirements Bachelor’s degree (preferably hons) | Relevant work experience (if required) Bachelor’s degree (preferably hons) | Relevant work experience (if required) Bachelor’s degree (preferably hons) | Relevant work experience (if required)
English Proficiency Test Scores TOEFL: 85 IELTS: 6.0 TOEFL: 100 IELTS: 7.0 TOEFL: 90 IELTS: 6.5
Tuition Fee (SGD) 56,500 31,850 44,820

Checkout: Post-Study Work Visa in Singapore

FAQs

Ques: Is Singapore good for Masters?

Ans: Two of the six publicly funded universities in Singapore rank in the top 100 universities worldwide. According to the QS World Rankings 2022, Nanyang Technological University and the National University of Singapore are ranked 11th and 19th, respectively. It is also home to some of the top companies hiring graduates, including Microsoft, Shopee, DBS Bank, Mastercard, McKinsey & Company, J.P. Morgan, and Amazon, etc

Ques: Which university is best for Masters in Singapore?

Ans: Some of the best universities for Masters in Singapore are:

  • National University of Singapore
  • Nanyang Technological University
  • Singapore Management University
  • Singapore Institute of Management
  • INSEAD
  • James Cook University-Singapore
  • Singapore University of Technology and Design
  • TUM Asia

Ques: Is Singapore expensive for Masters?

Ans: An international student can expect to pay an annual fee of around 31,850-73,250 SGD (19.62-45.13 lakhs INR) for pursuing Masters in Singapore

Ques: How much does a masters graduate earn in Singapore?

Ans: After completing Masters study in Singapore, graduates can earn an average starting salary of 68,000 SGD (41.90 lakhs INR)

Ques: Can I get a job after Masters in Singapore?

Ans: Yes, over the course of the year 2022, the unemployment rate decreased from 3.4% to 2.6% for PMETs (Professionals, Managers, Executives, and Technicians) and from 5.1% to 4.4% for non-PMETs. This indicates an abundance of job opportunities in the country.

You can take advantage of the various job opportunities available after Masters in Singapore, such as:

  • Data Scientist
  • User Experience Engineer
  • Dietitian
  • Information Technology Manager
  • Aerospace Engineer
  • Architect
  • Software Engineer
  • Electrical Engineer
  • Computer Technician

Ques: Is GRE required for Masters in Singapore?

Ans: Yes, some of the business courses in Singapore such as MBA (Masters of Business Administration), and MIM (Masters in Management) require students to submit GMAT/GRE scores. You need to submit a minimum score of 640 in GMAT, or a GRE equivalent score.

Ques: What are the requirements to study Masters in Singapore?

Ans: Basic Admission Requirements for Masters in Singapore:

  • Bachelor’s degree (preferably hons) from a recognized university
  • Relevant work experience (2-6 years,if required)
  • GMAT/GRE scores (for business programs like MBA or MIM)
  • English Proficiency Test Score: TOEFL: 90 | IELTS: 6.5
  • Valid Passport
  • Student Visa

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