Educator/ Work from home Search Engine Evaluator. | Posted on
Singapore is emerging as a major destination for education among global students. Not only Asians but Americans, Africans and Europeans are also preferring to study in Singapore.
It is very tough to get admission in top B-schools in India. If you are not studying in top B-Schools, then your MBA is not worth of it. Because one has to spend nearly 22 lakhs Rs for the MBA course in India. And studying in middle level MBA colleges will not give you huge salaries and Job in a big companies.
Next to US Singapore has best MBA colleges. And best part in Singapore MBA universities is, the course of study is like western type only. So international students are thronging to Singapore universities.
• INSEAD, which is a top B-School in the world is having its campus at Singapore. It was ranked first in 2017 and second in 2018 in Financial Timings rankings. INSEAD tuition fees is higher than any other business schools in the world. But the return will also be very high. You will get a excellent job when you come out of INSEAD. For 10 months , the tuition fees in INSEAD is 77,000 US$.
• Next comes the Singapore Management University and Nanyang technological University. Both were ranked under 50 in Financial Timings rankings of Business schools. Their tuition fees are 43,000 US$ and 38,000 US$ per year respectively.
Apart from tuition fees you will have living expenses , transport costs, and medical insurances. It will be a expensive investment. But the return will be multi folded. All the best.
Link - To know about the approximate fee structure of B-Schools refer this - https://studyabroad.careers360.com/articles/know-fees-mba-top-business-schools
To know about studying in Singapore -
https://megaimmigration.com/category/study-visa/study-in-singapore/
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The cost of pursuing an MBA in Singapore varies depending on the university and program. In 2014, the fees for MBA programs in Singapore ranged from INR 20 to 40 lakhs. For example, candidates pursuing an MBA from NUS or Nanyang in Singapore could expect a salary package of around INR 60 to 90 lakhs per annum. The cost of living expenses also contributes significantly to the overall cost of studying for an MBA in Singapore, with accommodation being a major expense.
Comparing this to the global scenario, the cost of an MBA in Europe has seen fluctuations. For instance, at Catolica Lisbon, the cost of an MBA fell to $37,800 from $48,300 in 2014. Similarly, at Vlerick Business School in Belgium, the tuition dropped to $39,960 from $51,060 in 2014· The exchange rate and economic factors can influence these changes.
In terms of executive MBA programs, the costs can be higher. For example, the University of Pennsylvania (Wharton) had a total tuition fee of $181,500 in 2014. Northwestern University (Kellogg) had a total tuition fee of $180,084 during the same period. These executive MBA programs cater to experienced professionals looking to enhance their skills and advance their careers.
Overall, pursuing an MBA in Singapore or elsewhere involves considering not only tuition fees but also living expenses and potential salary outcomes post-graduation. It is essential for prospective students to evaluate all these factors before making a decision about where to pursue their MBA studies.
Read more: Which is the best university to pursue an MBA in Singapore? 0 0 0
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