How is the MBA course in Singapore
MBA in Singapore
First place in the World Bank's Doing Business Report, second place among the most competitive cities in the world according to the Global Competitiveness Report 2014 - we're talking about Singapore. The City-state of Singapore has increased over the past few years one of the most important trade and financial centers in Asia developed.
Singapore offers an interesting market for internationally operating companies, invests in the development of future-oriented technologies and has a first-class infrastructure. No wonder that the “tiger state” was chosen as one of the most business-friendly locations in the world. So the advantages of an MBA in Singapore are obvious.
Reasons for an MBA in Singapore
Those who do their MBA in Singapore have the opportunity to study in one of the most important Asian economic and financial centers.
Singapore has one good education system. The universities receive high government grants, which is reflected in the good and modern equipment, innovative study programs and a high level of service orientation.
In the wake of the ongoing Asian boom, many have renowned foreign universities discovered Singapore as a location for himself and Branches opened. The Singapore MBA programs they offer are popular with international students in several ways:
MBA in Singapore - structure and process
The MBA in Singapore usually takes one and a half to two years of study to complete. At some universities there are also one-year courses Fast track study programs - an attractive option to acquire the MBA in Singapore as quickly as possible.
The international universities in particular offer other interesting options. For example, there is the option of a Part of the study time on a foreign campus the university, for example in Dubai or Australia. In other courses, practical phases in international business companies are integrated into the course.
Study structure of a Masters in Business Administration in Singapore
As usual for MBA programs, the degree is extreme practical. Innovative teaching methods and group work are an integral part of the course. Project-related work and case studies are part of everyday student life. Most MBA programs in Singapore have a global and cross-cultural perspective brought about by one Asian focus is supplemented.
MBA programs usually cover the whole Range of subjects in the management area from. The timetable is made up of subjects such as marketing, accounting and finance, e-business technologies and corporate responsibility. In many cases, students have the opportunity to set their own priorities by taking certain electives. In addition, some universities offer a specialized MBA in Singapore from the outset, for example with a focus on information technology or accounting.
Many universities in Singapore combine their MBA programs with one comprehensive supporting program. This enables students to establish business contacts and get to know the country and its people at the same time.
Requirements for an MBA in Singapore
Since different admission requirements apply depending on the university, it is difficult to make general statements. In general, applicants have a first degree like the bachelor's degree, in some cases several years work experience. Sometimes it happens that universities also have good results in General Management Admission Test (GMAT). However, some universities also accept a good bachelor's degree or carry out their own tests.
For an MBA in Singapore it is definitely necessary, sufficient good English knowledge bring with you. These can usually be proven using a minimum number of points in a standardized test such as the TOEFL or IELTS.
MBA programs in Singapore are aimed at professionals from all sectors of the economy. They bring Business knowledge with and often strive for management positions. An MBA is also interesting for students from other fields and offers the opportunity to acquire comprehensive knowledge in management. Since an MBA in Asia often has an Asian focus, it is attractive, for example, for graduates of humanities courses such as Asian scholars.
Cost of an MBA in Singapore
The tuition fee are in Singapore for an MBA depending on the respective university. National universities charge between US $ 12,000 and US $ 20,000. The costs are significantly higher at international business schools. Students should expect a range of approximately US $ 24,000 to US $ 50,000.
Another cost item is the cost of food, accommodation and daily life. The high standard of living in singapore affects the cost of living. The exact costs vary depending on where you live and your lifestyle. A room in a shared apartment costs between EUR 500 and EUR 600 per month. Daily necessities are cheaper than in Germany, luxury and imported products are more expensive.
Financing an MBA in Singapore
There are several ways to cover the cost of an MBA in Singapore:
- Scholarships from the DAAD or a private foundation for students with particularly good performance
- Scholarships for international students from individual universities in Singapore
- a low-interest education or student loan, for example the Brain Capital: MBA education fund
It is also allowed during an MBA in Singapore, as a student during the semester up to 16 hours per week to work, even more during the lecture-free period.
Visa and entry into Singapore for an MBA
German students need a Student visato do an MBA in Singapore. This can be requested from the local immigration office after arriving in Singapore. A passport that is valid for at least six months is required to enter the country.
Special vaccinations are for Singapore not mandatory. If you want to travel to the surrounding countries, you should consult an experienced travel doctor before leaving to catch up on any vaccinations.
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