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1 min read11 June 2026

Cost of Studying MBA in Singapore: Know about Singapore MBA University Fees, Cost of Living & Other Expenses

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Cost of Studying MBA in Singapore: Know about Singapore MBA University Fees, Cost of Living & Other Expenses

Singapore ranks among the top global nations, positioning itself as a premier destination for international students pursuing an MBA. Graduates also get the chance to gain employment within the country after completing their studies. Candidates interested in an MBA in Singapore frequently research the associated expenses while benefiting from a wide selection of available schools and programs. Depending on the institution, the typical MBA tuition in Singapore is roughly 30,000 SGD, with the lowest tuition rates starting around 15,000 SGD. In this article, we provide a comprehensive breakdown of MBA expenses in Singapore to assist you in calculating and budgeting your financial requirements.

Pre- Arrival Cost to Study MBA in Singapore

Pre-Arrival Expenses for Pursuing an MBA in Singapore

Overall study expenses in Singapore encompass all financial requirements from the pre-departure phase through to post-arrival for your MBA. Pre-departure costs refer to payments that a student must clear before traveling to Singapore, whereas post-arrival expenses arise after arriving in the host country.

To understand the preliminary expenses, please review the table provided below:

Type of Expenses

Cost (SGD)

Visa Application Fees

60

Application Fee

100

IELTS Fees

252- 259

GRE Fees

279- 314

TOEFL Fees

218- 341

GMAT Fees

341

Flight Tickets (One- way)

232- 286

Suggested: Learn about the overall cost of studying in Singapore

Post- Arrival Cost to Study MBA in Singapore for International Students

Post-Arrival Costs for International Students Pursuing an MBA in Singapore

Singapore boasts one of the most prominent business environments in Asia, serving as a growing hub of job opportunities for foreign students. Approximately 3,000 Indian students travel to Singapore for academic pursuits every year. Post-arrival MBA expenses in Singapore cover business school tuition, living costs, and medical insurance. Let us examine these expenses in detail:

Tuition Costs at Leading Business Schools in Singapore

The duration of an MBA program varies across universities. Certain business schools feature a 2-year curriculum, whereas others present a 16-month MBA track. For those pursuing an Executive MBA in Singapore, the program length is at least 1 year. Several premier MBA institutions in Singapore along with their fee layouts include:

MBA Business School

MBA Course Duration

Singapore MBA Fees

S P Jain School of Global Management, Singapore

12 months

41,185 SGD

Lee Kong Chian School of Business, Singapore Management University

15 months

62,619 SGD

NUS Business School, National University of Singapore, Singapore

17 months

65000 SGD

ESSEC Business School, Asia-Pacific, Singapore

15 months

74,141 SGD

Management Development Institute of Singapore

12 months

23,831 SGD

James Cook University, Singapore

16 months

37,878 SGD

Suggested: Leading Business Schools in Singapore

Cost of Living in Singapore to Study MBA in Singapore

Cost of Living for MBA Students in Singapore

Once you receive your university admission offer for an MBA in Singapore, it is time to secure your living budget for the study period. On average, an international student living in Singapore spends between 750 and 2,000 SGD monthly on living expenses. Nevertheless, this figure can vary depending on personal lifestyle choices and the chosen field of study.

Presented below is a schedule of standard expenses:

Average Monthly Expenses

Cost in SGD

Cost in INR

Rental (University Halls of Residence)

210-320

11,650-17,690

Bus Transport (Concessional)

120

6,150

Public Trains (Concessional Pass)

120

6,150

Meals (at university hostel)

150- 800

8,000- 41,000

Health Insurance for International Students in Singapore

Health Insurance Requirements for Foreign Students in Singapore

International medical insurance offers healthcare coverage within a specific nation, region, or globally, determined by the policy guidelines. Several medical insurance options exist for foreign students enrolled in Singapore:

International Health Insurance Plan

Max. Coverage Limit

Annual Premium (SGD)

Cigna Silver Plan

$1 million

2,183

MSIG Prestige Healthcare Elite

$900,000

920

FWD International Health Insurance

$3 million

2,336

Liberty MyHealth International Essential

$2 million

3,786

Suggested: Cost of Education in Singapore

If you intend to forge an international management career, review our comprehensive guide on the MIM in Singapore to discover top-tier institutions, admission criteria, tuition rates, and employment prospects.

Other Miscellaneous Expenses

Various Additional Expenses

After organizing your housing and travel arrangements, students must also account for several other incidental expenses, such as study materials, doctor consultations, internet services, and similar needs.

Particulars

Average monthly cost in SGD

Average cost in INR

Books and Stationery

150

6919

Internet

40

1845

Haircut

35

1614

Utilities

100

5584

Suggested: Employment Prospects in Singapore

Singapore is regarded as having one of the finest educational frameworks globally, anchored by its prestigious universities. Although certain areas within the nation are quite costly, arbitrary neighborhood choices may prove inefficient. Therefore, if you intend to pursue an MBA in Singapore and wish to understand the tuition details, reach out to our Ashiraj specialists for further guidance on your MBA journey.

Frequently Asked Questions

Is Singapore expensive for Indian students?

<p>Typical monthly living expenditures for studying in Singapore span from 2,000 to 12,000 SGD (1,07,806 to 6,46,838 INR).</p>

Which type of MBA is best for students?

<p>General Management remains consistently favored among students. Those enrolled in general management acquire a diverse set of leadership abilities beneficial to enterprises across any sector.</p>

Do I require work experience for MBA in Singapore?

<p>For admission to an MBA program at certain premier business schools in Singapore, applicants are required to demonstrate at least 2 years of professional work history.</p>

What are the top streams in MBA program?

<p>Some of the prominent MBA specializations comprise: 1) Supply chain management 2) Marketing 3) Human resources 4) Information technology 5) Healthcare management 6) International Business</p>

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Cost of Studying MBA in Singapore: Know about Singapore MBA University Fees, Cost of Living & Other Expenses