NUS MBA is a strong Asian presence with the GMAT/GRE entry criteria at a manageable 670-700 range while also offering an affordable 17-month program with a strong experiential learning element curriculum catered to the Asia markets.
In this in-depth analysis of NUS Full-time MBA, we cover:
- NUS MBA Class Profile
- NUS MBA- Total Cost
- NUS Full-time MBA Curriculum
- NUS Full-time MBA Scholarships and Financial Aid
- NUS Full-time MBA Salary and Trends
NUS MBA Class Profile
The NUS MBA program has an intake of 120 students, with an average age of 29. The program is diverse, with students from 24 different nationalities. The percentage of women at 37% is lower than the US standards but at par with European programs.
The average work experience of the students is six years, similar to a European MBA class, with the curriculum geared toward mid-career professionals looking to advance their careers. Additionally, the average GMAT score is 670, a 50-point below average from top US MBA programs and a 20-point below average from top European MBA programs.
The average GRE scores for the Verbal and Quantitative sections are 155 and 165, respectively.
| NUS MBA | Class Profile |
|---|---|
| Class Size | 120 |
| Average Age | 29 |
| Nationalities | 24 |
| Women | 37% |
| Average Work Experience | 6 |
| Average GMAT | 670 |
| Average GRE (Verbal/Quantitative) | 155/165 |
NUS MBA – Total Cost
The largest expense is the tuition fee, which amounts to $68,540. In addition to tuition fees, the costs include accommodation, meals, personal expenses, and transportation within Singapore. These expenses are essential for students living away from home and should be factored into the program's overall cost.
The average cost of books and supplies is $301. The total cost of studying in the Full-Time MBA program at NUS is $76,376.
| NUS MBA | Cost |
|---|---|
| Full-Time MBA Tuition Fees | $68540 |
| Accommodation | $3123 |
| Meals | $1956 |
| Personal Expenses | $1655 |
| Transportation within Singapore | $602 |
| The average cost of books/supplies | $301 |
| Total Cost | $76376 |
NUS MBA Curriculum
Applicants can choose a full-time 17-month program or a part-time 24-30 month program for working professionals.
NUS Full-Time MBA has been divided into the following phases:
1. Orientation Week: Students go through Orientation and Team Building
2. Week 0: Newly admitted students get to participate in the “Launch Your Transformation” program.
3. Semester 1: This semester includes core courses and MBA Survival Kit.
4. Winter Break: Students can indulge in Winter internships during the winter break.
5. Semester 2: This semester includes core courses and MBA Consulting Project.
6. Special Term: In this phase, students can opt for three Electives, Summer Internship, and Short Exchange.
7. Semester 1 (Year 2): Along with three electives, students can go for an Internship and Short or Regular Exchange.
8. Semester 2 (Year 2): The last term will remain part of the Short or Regular Exchange.
NUS Academic Core courses provide students with the general management knowledge and concepts required to succeed in an increasingly complex global business environment.
The Experiential Core courses help students work with faculty, fellow students, alums, and corporate partners; they take students beyond the classroom and expose them to business leaders' daily challenges.
Academic Core:
1. Corporate Strategy
2. Financial Management
3. Financial Accounting
4. Managerial Economics
5. Marketing Management
6. Managerial Operations and Analytics
7. Leading with Impact
Experiential Core
Launch Your Transformation: Launch Your Transformation is a 5-day boot camp where students will receive immediate, constructive feedback through facilitated role-playing activities and emerge with improved communication and influencing abilities they may utilize in various personal and professional circumstances.
MBA Survival Kit: MBA Survival Kit teaches students how to operate effectively in teams and manage cross-cultural commercial transactions. This program assists students in developing a consulting toolkit, which includes applying hypotheses-led thinking to project planning, structuring and presenting a value creation model, and learning the skills required for effective solution delivery, such as problem-solving, gap analysis, and crafting a value proposition.
MBA Consulting Project:. This intensive, hands-on course lasts 3-4 months (130 hours). It has provided over 300 projects with over 150 companies in Fintech, Banking & Finance, Consulting & Professional Services, Technology, Hospitality & Tourism, Industrial Engineering/Manufacturing, FMCG, and Retail sectors.
Students will investigate and analyze challenges in small groups while working directly with key business stakeholders to develop a full, in-depth strategic business plan that includes financial, marketing, operational, and strategic recommendations.
Electives and Specialization
Students can personalize their MBA experience and create their learning path by choosing from one of nine MBA specializations or more than 50 academic and experiential electives in the following areas.
| Academic Electives | Experiential Electives |
|---|---|
| Analytics & Operations | Enterprise Development |
| Consulting | Frugal Innovation |
| Digital Business | Techlaunch |
| Finance | Singapore Biodesign Fellowship |
| Innovation & Entrepreneurship | NUS Overseas College (NOC) |
| Marketing | |
| Strategy & Organization |
MBA specializations
NUS MBA specializations in various topics allow students to choose the type of MBA program they want to pursue and hone in on their professional interests. Choose the sort of MBA program to gain knowledge in a specific subject.
| NUS MBA | Specialization (9) |
|---|---|
| Analytics & Operations | Real Estate |
| Consulting | Healthcare Management |
| Digital Business | Marketing |
| Finance | Strategy & Organization |
| Innovation & Entrepreneurship |
Double Degrees
NUS MBA provides double degree programs in collaboration with other top schools in Asia, Europe, and the United States, including the Guanghua School of Management, Peking University, Yale School of Management, and HEC Paris.
Candidates with a strong interest in public policy or administration can take advantage of the NUS double degree program, which combines a full-time MBA with a Masters's degree from the Lee Kuan Yew School of Public Policy. Following are the Double Degrees offered by NUS:
• The NUS MBA-Master in Public Policy
• The NUS MBA- Master in Public Administration
• The NUS- Peking University MBA
• The NUS- HEC MBA
• The NUS MBA- Yale Master of Advanced Management
Experiential Learning
Global Immersion: Students can spend a week in another city learning about other cultures and business practices while expanding their professional network. Each semester, these student-led research tours involve firm visits and discussions with business leaders, entrepreneurs, and government authorities. London, Tokyo, Delhi, Shanghai, Yangon, and Sydney have all been previously visited.
Global Exchange: Students can learn about various cultures, political systems, and economic conditions while studying abroad. Students must spend a semester at one of NUS's 62 partner universities that are part of the International Management Consortium, a global network of top business schools.
Global Network For Advanced Management: As the only Singaporean Member, NUS is part of the Global Network for Advanced Management (GNAM), comprising 30 premier business schools from 28 countries that host investment competitions, online courses, and exchange programs, creating opportunities for learning cross-functionally & cross-culturally.
The for-credit courses, delivered remotely by a member school, bring students from several member schools together online for lectures, discussions, and collaborative team projects. The Yale School of Management's Global Network Investment Competition is one such collaborative competition where equity investments are sourced from top business students worldwide. Student teams from member schools submit five investment ideas from their own country for a chance to win cash awards.
Industry Immersion: Students can choose between a full-time or part-time internship for a semester or a shorter period to learn more about a certain industry or firm. Students can meet and learn from industry practitioners and business experts through case competitions, networking sessions, conferences, and numerous industry-focused events hosted by our student clubs.
NUS MBA Application Process
In order to apply for the NUS MBA program, one must possess a bachelor's degree and a minimum of 2 years of post-bachelor full-time work experience. Apart from these requirements, students must have GMAT/GRE scores, and in case the medium during graduation was not English, then TOEFL/IELTS scores must be submitted by the applicants. Once the students fulfill all the criteria, they need to follow the given steps to apply for NUS full-Time MBA:
1. All applicants must answer two mandatory and one optional essay questions in the online application.
2. Upload the following supporting documents (JPG or PDF format)
a. Resume
b. Undergraduate degree scroll & transcripts/mark sheets
c. GMAT / GRE / EA score report
d. IELTS/TOEFL score report
e. Passport, NRIC, or Employment Pass
f. A passport-sized photograph
g. Evidence of funding (recent bank statements, company sponsorship)
h. A $75 application fee
Essay Questions:
1. How have people, events, and/or situations influenced who you are today? (250 words) *
2. How do you plan to spend your time on The NUS MBA to transform yourself personally & professionally? Briefly describe your experience and how this and The NUS MBA can help you achieve your mid- and long-term career goals. (350 words)
3. OPTIONAL: Is there any additional information relevant to your application that you’d like to share with the Admissions Committee? (200 words)
4. RE-APPLICANTS ONLY: Please provide an update on any new aspects of your professional, international, academic, or personal profile that would not have been included in your previous application. Please also explain your motivation for re-applying to NUS. (300 words)
Interviews: If a candidate is chosen for an admissions interview, they should hear back from the admissions committee within 2-4 weeks after submitting their entire application. Students will be contacted via email and invited to a 30-minute virtual interview with the Admissions Committee.
Deadlines: The application process for the NUS Full-Time MBA program is divided into three rounds: Round 1, Round 2, and Round 3. The deadline for Round 1 is on October 31, 2022, which means that applicants who wish to be considered for this round must submit their applications on or before this date. The deadline for Round 2 is on January 16, 2023, and the deadline for Round 3 is on March 30, 2023.
| NUS Full-Time MBA | Deadlines |
|---|---|
| Round 1 | 31 October 2022 |
| Round 2 | 16 January 2023 |
| Round 3 | 30 March 2023 |
NUS MBA Scholarships and Financial Aid
To be eligible for an NUS MBA scholarship, applicants must submit their application before the Round 2 deadline and an additional essay to justify their interest. In addition, part-time applicants must provide their test results (GMAT/GRE/EA).
Candidates with bachelor's or post-graduate degrees at NUS or an appropriate local university are eligible for grants. Candidates who have graduated from eligible institutions will be considered automatically.
Scholarships and Grants:
NUS MBA Dean's Award, NUS MBA Excellence & Achiever prizes, NUS MBA Local Scholarship, NUS MBA Scholarship for Women, NUS MBA Entrepreneurship Scholarship, and other prizes are listed. These awards are given based on various eligibility criteria, including leadership, professional achievements, entrepreneurship experience, diversity, resilience, regional representation, financial need, and ESG and social entrepreneurship contributions.
| Name of The Award (NUS MBA) | Eligibility Criteria | Award |
|---|---|---|
| The NUS MBA Dean’s Award | exemplary leadership, remarkable professional and personal accomplishments, and come from a variety of backgrounds | tuition fee in full, as well as a S$5,000 NUS MBA Experiential Learning Grant |
| The NUS MBA Excellence & Achiever Awards | exceptional students applying to the full-time MBA programs | 15% or more of the tuition fees |
| The NUS MBA Local Scholarship | Singaporeans, both full-time and part-time, are qualified. | NA |
| The NUS MBA Scholarship for Women | remarkable females who have shown exceptional leadership and dedication to furthering women-led causes | partially covers the tuition fee |
| The NUS MBA Entrepreneurship Scholarship | exceptional individuals with entrepreneurial experience | partially covers the tuition fee |
| The NUS MBA Diversity Scholarship | excellent applicants from a wide range of professional backgrounds | partially covers the tuition fee |
| The NUS MBA Resilience Scholarship | those who have exhibited extraordinary perseverance in the face of adversity | covers the tuition fee partially or in full |
| The NUS MBA ASEAN Scholarship | with the exception of Singapore, deserving full-time candidates who are nationals of ASEAN member nations | NA |
| Dhanabalan Scholarship | full-time MBA candidates who have proved financial necessity | up to S$20,000, to be used towards tuition fees |
| The ADB-Japan Scholarship Program (ADB-JSP) | citizens of ADB borrowing member nations | covers full tuition fees and some expenses |
| The NUS APEC Scholarship | Nominees from Asia Pacific Economic Cooperation (APEC) member countries | covers full tuition fees, plus a monthly stipend, a one-way flight allowance and book allowance |
| The NUS MBA Scholarships for Latin America, Africa, North America, Europe and Middle East | exceptional candidates from these locations with significant leadership experience and potential | partially covers the tuition fee |
| Private Equity Award | Students who intend to study a Private Equity subject as part of their exchange programmes | NA |
| The NUS MBA ESG Scholarship | Exceptional candidates that have made significant contributions to the fields of Environmental, Social, and Governance (ESG) | partially covers the tuition fee |
| Lam See Chiew Memorial Scholarship in Social Entrepreneurship & Philanthropy | based on a minimum of two years of participation in social entrepreneurship initiatives, philanthropy or non-profit sectors, or voluntary work in social-outreach organisations | NA |
| The NUS Alumni Loyalty Grant | NUS graduates who earned an undergraduate or postgraduate degree at NUS | A one-time grant of S$10,000 |
| The NUS MBA Local University Alumni Grant | alumni with a bachelor's or master's degree from one of the following local universities: NTU, SMU, SUSS, SIT, or SUTD. | one-time grant of S$5,000 |
| The NUS MBA Experiential Learning Grant | Candidates who are accepted into the program will be eligible to apply for this funding. | up to a total of S$5,000 per student |
Loans
1. Prodigy Finance: Prodigy Finance provides loans to overseas postgraduate students at prestigious universities such as the National University of Singapore.
2. WeMakeScholars: For Indian students admitted to NUS Business School who need an education loan. WeMakeScholars is an organization financed and supported by the IT Ministry of the Government of India that has assisted students in successfully obtaining education loans from Indian banks. The services are free as part of the government’s Digital India initiative.
3. InCred: InCred is a financial services platform headquartered in India, backed by a team of education loan professionals, that has helped thousands of Indian students attend 700+ universities in 22+ countries in the three years since its establishment.
4. GradRight: GradRight enables lenders to compete for students' education loans, ensuring that students receive the best rates that cover 90% of the school loan lending market using GradRight's Fundright platform. In addition, banks, NBFCs, and overseas lenders offer loans to Indian nationals via FundRight. NUS Business School does not charge students or GradRight fees for this service.
5. Credenc.com: Credenc.com is an end-to-end education lending fintech platform that has assisted Indian students in financing 2000+ courses in over 50 countries globally. Rather than their parent's profiles or financial means, it employs a unique AI-based underwriting model that forecasts pupils' future employability. Credenc, with its 100% digital lending process, offers unsecured and secured school loans that cover all educational and living expenses for deserving Indian students.
NUS MBA Salary and Trends
94% of NUS MBA graduates received at least one job offer within three months of graduation. The post-MBA average salary after 3 years is US$159,877 (149% increase), with a median base salary of US$65,986 and a post-MBA average salary of US$73,892.
The NUS MBA program also demonstrates its effectiveness in facilitating job opportunities for its graduates, with 45% of job offers being facilitated through NUS. Additionally, 24% of internships were converted into full-time roles, while 16% of graduates returned to their previous employers. The program boasts a diverse range of industries and professions in which graduates find success, including tech, entrepreneurship, healthcare, education, energy, and construction, with consulting and finance being the two prominent industries.
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