MSc Finance in Singapore 2024: Fees, Best Universities

MSc Finance in Singapore 2024: Fees, Best Universities

Edited By Jembi Selva Mary. A | Updated on Jul 22, 2024 05:25 PM IST

Singapore is among the top study-abroad destinations for Indian students looking to pursue higher education at the top universities in the world. For students seeking a higher education abroad, MSc finance in Singapore is the best option in Asian countries because of its academic excellence and top ratings globally. Singapore offers deep knowledge and skills related to MSc finance such as financial analysis and management.

This Story also Contains
  1. Why choose Singapore for an MSc in finance?
  2. Rankings of MSc Finance Singapore
  3. Top Masters in Finance Colleges in Singapore
  4. Masters in Finance Singapore fees
  5. Types of MSc Finance in Singapore
  6. Admission requirements for MSc Finance Singapore
  7. MSc Finance in Singapore Eligibility Criteria
  8. Scholarships for MS Finance Singapore
  9. Job opportunities for MS Finance Singapore
MSc Finance in Singapore 2024: Fees, Best Universities
MSc Finance in Singapore 2024: Fees, Best Universities

The duration of MSc finance in Singapore is typically 1 to 1.5 years. The tuition fees for Indian students for MSc finance in Singapore are approximately Rs 18.67 lakhs to 37.35 lakhs. The minimum GPA for MSc finance is 2.7 out of 4.0 scale or 3.5 out of 5.0 required for admission in Singapore.

To study in Singapore, the top universities for MSc finance are NUS Business School, Singapore Management University (SMU) Lee Kong Chian School of Business, Nanyang Technological University, INSEAD Singapore, EDHEC Business School Asia-Pacific and many more.

In Singapore, there are over 65,000 international students overall, a 10% increase in enrolment over the previous year. Eligible Indian students at MSc Finance in Singapore must submit academic transcripts, cover letters, LOR, passport, SOP, financial documents, GRE or GMAT and English language proficiency such as IELTS and other authorised exams.

To explore more about universities in MSc finance Singapore and their related information like, top universities, popular courses, job opportunities, entry requirements, and scholarships read the complete article.

Why choose Singapore for an MSc in finance?

Singapore offers a Master of finance with excellent instruction, higher living standards, and more career options. Here are some of the important points for “Why choose Singapore for an MSc in finance?” are mentioned below:

  • Recognised globally: Singapore is a famous global financial powerhouse that attracts multinational companies. Choosing Singapore to pursue an MSc in finance will enhance my understanding and skills in finance.

  • Top-notch teaching: The MSc in Finance at Singapore offers a world-class education and many universities collaborate with current industries related to finance.

  • Affordability: Singapore provides reasonable tuition fees and cost of living for an MSc in finance program compared to other European countries such as the USA, UK and Australia.

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Rankings of MSc Finance Singapore

An overview of some of the top universities in Singapore for MSc in Finance that are renowned worldwide for consistently providing outstanding commercial abilities.

QS rankings of top Singapore universities:

University Name

QS rankings of the 2025 edition

Location

National University of Singapore (NUS)

8

Singapore

Nanyang Technological University, Singapore (NTU Singapore)

15

Singapore

Singapore Management University (SMU) Lee Kong Chian School of Business

=585

Singapore

National University of Singapore (NUS)

The Master in Finance program at the National University of Singapore (NUS) is designed to equip students with skills to excel in the finance industry. It remains one of the most chosen options among Indian students because it critically focuses on producing research and developing real-life applications.

Nanyang Technological University (NTU)

The Master of Finance has a good reputation with its wide range of curriculum and business contacts. This university is a good option for those who want to start their finance career in Singapore.

Singapore Management University (SMU)

Singapore Management University (SMU) offers a Master of Science in Finance that combines rigorous academics with a focus on current industry relevance. The MSc Finance programme has a strong tie-up with the banking sector in Singapore.

Top Masters in Finance Colleges in Singapore

The Singapore universities offering Masters in Finance require a relevant undergraduate degree, standardised test scores, and other supporting documents. All universities expect English proficiency, while some may require proficiency. Standardised test scores such as GMAT/GRE are not required in most of the colleges that offer finance courses.

University

Admission Requirements

GMAT/GRE Score


National University of Singapore



Undergraduate degree in any discipline



Not mandatory





Nanyang Technological University




Undergraduate degree in any discipline


Language proficiency in English and Mandarin

Required





University of Sydney, Singapore

Completion of undergraduate degree

Not required



Curtin Singapore



Completion of 12th grade with an average of 60 per cent or equivalent


Not required





Singapore Management University



Completion of undergraduate degree



Required (No minimum score mentioned)



Masters in Finance Singapore fees

The cost of studying in Singapore for a master's in finance will vary depending on the type of university, location and international students. Here are some of the top universities Masters in Finance Singapore are given below:

MSc finance fees in Singapore

University Name

Fee in SGD

Fee in Rupees

NUS Business School

42,000 - 48,000

26.14 lakhs to 29.88 lakhs

Singapore Management University (SMU)

40,000 - 50,000

24.90 lakhs to 31.12 lakhs

Nanyang Technological University

38,000 - 42,000

23.65 lakhs to 26.14 lakhs

INSEAD Singapore

102,500

63.80 lakhs

EDHEC Business School Asia-Pacific

28,000 - 50,000

17.43 lakhs to 31.12 lakhs

Types of MSc Finance in Singapore

The MSc finance was offered to international students in various structures to adjust to different student requirements and choices.

Types of programs in Singapore

  • Full-time Program: The full-time program is structured for students who plan to study MSc Finance for a long time including group projects and academics. The duration of MSc Finance is typically 1 to 1.5 years.

  • Part-time Program: The part-time program is structured for working professionals who can be scheduled in the evening or weekend to study MSc finance flexible time without work responsibilities. The duration is typically expanded from 2 to 3 years or longer.

  • Online Program: The online program is structured to study at home via the Internet of MSc Finance offered in every location which assignments, test papers, and course materials must be submitted online.

Admission requirements for MSc Finance Singapore

MSc Finance in Singapore for international applicants to complete the online application and submit it before the deadline. To finish the application procedure, eligible students must provide every document detail in the official portal.

MSc Finance in Singapore Eligibility Criteria

Different universities have different eligibility criteria for students seeking admission to MSc Finance in Singapore. Some of the MSc Finance in Singapore requirements are listed below which are acceptable for the admission requirements:

  • Bachelor’s or Undergraduate degree in the field of Corporate Finance, Investments, Accounting or a related field of study

  • A minimum score in the GRE and the GMAT exam

  • A minimum score in IELTS

  • A valid passport and student visa to Singapore

  • Prior work experience in the field

  • Statement of Purpose (SOP)

  • Academic High School Transcripts

  • Proof of funds

  • Updated CV

  • Letter of Recommendation (LOR)

  • Personal essay highlighting your intent to study MS in Finance in Singapore

How to apply for MSc Finance in Singapore?

  • Visit the official online application portal of the top universities for MSc Finance Singapore such as NUS Business School,(SMU) Lee Kong Chian School of Business etc.

  • Check the admission requirements necessary for an MSc in Finance.

  • Fill out the application application and provide the required documents in the portal.

  • Pay your application fee, submit the application and wait for the confirmation from the university.

  • After selected for admission to Singapore, accept the offer letter and move to Singapore to pursue an MSc in Finance.

Documents required for MSc Finance in Singapore

  • A bachelor's degree from an accredited institution.

  • Standardised test score of GRE or GMAT (optional)

  • Prepare a CV or Resume that is relevant to Finance.

  • Statement of Purpose should outline educational and career goals.

  • Two to three Letters for Recommendation

  • Passport copy

  • Financial documents to consider for scholarships.

Admission intakes for MSc Finance in Singapore

The admission intakes for MSc Finance in Singapore vary depending on location and university so, students are advised to go through the official website of desired universities.

Singapore admission intakes

Intake

Deadline

Regular

  • August - September

  • January - February

Rolling admissions

Some universities in Singapore accept applications for MSc Finance throughout the year.

Scholarships for MS Finance Singapore

Indian students pursuing an MSc in Finance have access to various financial assistance and scholarship opportunities from Singapore. Here some of the requirements and scholarships for MS Finance Singapore are given below:

Applicants for scholarships must generally meet two requirements: Indian student must demonstrate their financial stability and have strong academic records.

  • Singapore International Graduate Award

  • SIA Youth Scholarship

  • GIIS Singapore Global Citizen Scholarship

  • INSEAD Syngenta Endowed Scholarship

Job opportunities for MS Finance Singapore

Singapore is a major world financial headquarters for international businesses and provides MSc Finance graduates with extensive job opportunities. Here some popular jobs and salaries for MS in Finance are given below.

The average salary for fresh graduates in Singapore for an MSc in Finance ranges from Rs 43.52 lakhs to 62.65 lakhs per year (SGD 70,000 - 100,000). However, this may vary depending on the location, experience and companies.

Popular job sectors in Finance

  • Investment banking

  • Financial technology and management

  • Asset management

  • Financial analysis and research

Frequently Asked Questions (FAQs)

1. Is Singapore good for a master's in finance?

Yes, Singapore is good for a master's in finance especially for Indian students because Singapore's universities provide outstanding education, fair immigration laws, a multicultural environment, scholarships, affordable tuition fees and living expenses.

2. How to prepare for MSc finance?

To prepare for MSc finance, students are required to develop a strong foundation in economics, investing regulations, and current market trends. Also, collaborate with industry professionals to get internships that assist in obtaining more knowledge and skills relevant to the field of MSc finance.

3. Is NUS MSc finance worth it?

Yes, NUS (National University of Singapore) is worth studying MSc finance in Singapore. NUS is consistently ranked in the top 10 universities all over the world. In the 2025 edition, NUS is ranked 8th position in the globe. NUS offers the best education with affordable tuition fees which range from 42,000 to 48,000 for the entire program.

4. What is a good salary in Singapore finance?

For new graduates in Singapore, the average annual pay for an MSc in Finance is between Rs 43.52 lakhs and Rs 62.65 lakhs (SGD 70,000 - 100,000) in the job sectors of Investment banking, Financial Technology, Asset Management, Financial analysis and research.

5. Which country is best for Master’s in Finance?

Some of the best countries to study Finance are Singapore,  USA, UK, Canada, Australia, Germany, Switzerland, France, the Netherlands and Hong Kong. 

6. Which master's degree is most in demand in Finance?

The master's in accounting is the most in-demand and relevant, as it can provide the opportunity to pass the CPA test of ability that is required in a lot of jobs in finance or accounting. 

7. What is the acceptance rate for NUS Singapore Masters?

The acceptance rate of NUS is less than 10% which means there is a tough competition and only students who have excellent academic records could get admitted and out of 100 only 10 get the chance for admission in NUS Singapore.

8. Is it hard to get a job in Finance in Singapore?

There are quite several opportunities in finance and even more competition. The Singapore finance industry is a very competitive field, whether you are searching for a graduate job or an internship there. 

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Hope you are doing great.

To answer your question To gain admission to the Computer Engineering program at the National University of Singapore (NUS), it is crucial to comprehend the admission criteria

JEE Mains Percentile:

The anticipated JEE Main Cutoff for 2024 across different categories is as follows:

General: 89+ percentile

EWS: 78+ percentile

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A commendable percentile in JEE Mains 2024 falls within the range of 90-95 percentile³.

However, it is important to note that meeting the previous year's cutoff does not guarantee admission for the current year.

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Dear Aspirant,
Singapore is one of the best country across the world for Business and Finance Studies. Some of the best institutions for Masters of Business Adminstration (MBA) are as follows-
1. INSEAD
2. NUS (National University of Singapore)
3. Lee Kinf Chian School of Business
4. Manchester Business School
5. Nanyang Business School
6. ESSEC Global MBA
7. The Strathclyde MBA

You can visit the respective websites for details .

Hope this helps you !

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For practicing in in Singapore as a medical practitioner you must secure a job with hospitals, register with Singapore medical council and finally get accredited with Specialists Accreditation Board (SAB)  registration if you are practising as a specialist.

Alternatively, if there is a hospital/Medical institution willing to hire you, they can complete the procedutes on your behalf which will be much more convinient for you.


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Dear Aspirant,

There are many colleges that accept students without the said exams but make sure you have your transcripts ready- LORs, projects/internships/Volunteering certificates, Statement of Purpose, Essays, Extra-curricular activities. These things are a must when trying to apply for colleges abroad.

Colleges in the US:

https://yocket.in/blog/universities-that-dont-require-sat-act-3527

There are 08 top Australian Universities which follow the above given criteria in order to exempt international students from submitting IELTS scores for admission. They are as follows:

  • UNSW
  • University of Adelaide
  • University of Queensland
  • University of Southern Queensland
  • Macquarie University
  • University of South Australia
  • Swinburne University of Technology
  • Bond University

Most of the colleges in Australia require an IELTS test score but have been waived off only on a case by case basic which is entirely judged. Many a times they have also waived it off if the students have completed their education in english medium.

Colleges in Singapore:

  • Nanyang Technological College
  • National college of Singapore
  • Singapore Management University

Singapore also has numerous centres of internationally acknowledged universities like Duke University, University of Chicago, Booth Graduate School of Business, University of Nevada Las Vegas, and SP Jain Centre of Management.

Colleges in Canada:

  • University of Saskatchewan
  • Brock University
  • Carleton University
  • University of Winnipeg
  • University of Regina
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Designing is an upcoming and demanding field and is gaining recognition faster than ever. Studying abroad does seem desirable but it is not entirely different from studying in your own country. Several Indian institutes ,not just NID offer amazing designing programs. Many Institutes in India have tie-ups with international universities and study abroad programs which will give you the exposure required for an undergraduate degree.

Studying abroad for an UG degree also requires a lot of capital ,so instead of spending that money for UG , you can save up for PG/higher studies abroad which will be of much more use. As long as you choose study and work hard, choose a good college with experiential learning then from where you study NID or NAFA or Lasalle or UAL it doesn't matter.


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