Legend has it that the name Singapore originated
from a mistake. Its founder saw, what he thought was a lion, on the island.
So, he decided to call it Singha Pura, or the Lion City.
Interestingly, Singapore has never been a home to the king of the jungle, outside a
zoo. But the country has managed to get a lion’s
share of the regional economy and become a formidable force in Asia.
Its glory is not just limited to its success as an economy.
The World Bank has ranked Singapore as one of the easiest countries to do business with.
Singapore has also gained a crowning status in higher education, in Asia and around the
world. Especially in business education, combining
its two most powerful features – economy and education.
In this video, we will see what makes Singapore a preferred choice for business education, for international students. We’ll talk about the advantages of studying
in Singapore, the tuition fees, cost of living, average MBA salaries and work permits. And of course
the best full-time, part-time and executive MBA programs.
So stay tuned till the end, to find out how YOU can make your future ROAR! Singapore is a small country. What it lacks
in highway miles, it more than makes up in its stability and efficiency – with its
advanced free-market economy. It is highly organized – and here’s something
unheard of in most parts of the world – it’s almost entirely corruption free. Life is good in Singapore. The lack of corruption makes its everyday
machinery highly efficient. Bureaucratic hang ups are virtually unheard
of. And what’s more, it is also an extremely
safe place to live. It ranks among the top countries in the Global
Peace Index. Which essentially means that staying out at night and enjoying the rich
night life in the city is virtually risk free. For the more mature family oriented crowd,
raising children in such a safe haven is devoid of headaches.
It also is a highly multicultural society. There are four official languages – English,
Mandarin, Tamil and Malay. It is a perfect mix of western comforts and
eastern cultures. So, no matter which part of the world you are from, you will not feel
out of place. And of course, this melting pot also offers
some of the best cuisines all in one place. It is expensive to live in the city nation of Singapore.
The average cost of living in Singapore can be around 3500 US dollars.
Here’s a break up of typical monthly expenses. But if you are an MBA degree holder enjoying
a good career ride, the cost of living in Singapore will not trouble you much. Let’s
find out why. Singapore houses some of the best ranked universities
in the world. Of the 30 plus universities in this tiny nation, two are among the top
12 universities in the world. Four of them are in the top 50 in our topic
of interest – business. These have consistently featured in many popular
& independent MBA rankings: Here’s the average MBA salary in Singapore,
if you graduate from one of the top b- schools. Here is a look at some of the best MBA options
in Singapore, the program duration and tuition costs Let’s start with a list of the best Full-Time
and Part-Time MBA programs in Singapore. Here’s a list of the best Executive MBA
programs in Singapore Though foreign students comprise only 4% of
its 1.35 million student population, there are some clear advantages of studying in Singapore.
Rankings aside, its institutions have an edge of education independence.
In layman terms, the institutions have more autonomy than traditional education systems
like in India. Especially in developing education resources and curriculum.
The ease of communication is yet another significant advantage.
Classes are taught in English as it is one of the main languages spoken in the country.
So, besides understanding MBA lessons, getting around the country is a piece of cake.
And especially for MBA, the degree in Singapore focuses on a global outlook, collaborating
with other business education powerhouses in USA, Europe and Asia.
Its status as a financial hub also helps in boosting job prospects and career opportunities
after the MBA. And of course the relative ease of being able
to work as an international professional in Singapore is a fantastic plus point for getting
an MBA there. Among the several work permit schemes, the
Singapore government offers several employment options to foreign workers.
There’s the Employment Pass for foreign professionals who earn at least 3600 Singapore
dollars. Those in a higher earning bracket are eligible
for a Personalised Employment Pass. And finally, entrepreneurs planning to start
a new business in Singapore can get an EntrePass. Global corporations like McKinsey, Google,
Microsoft, Amazon, and other giants in the MBA recruiting space, have been regularly
hiring MBA graduates from Singapore. Especially from the highly popular programs
from INSEAD, NUS, NTU and SMU. Impressive post MBA salaries aside, an employability
of over 90% at these programs means that most students get a significant chance to realize
their career dreams. The relatively reasonable tuition cost also
means you will not worry too much about the education debt in your post-MBA life.
The average tuition falls in the range of 50,000 US dollars.
So, more money for a rainy, sunny, or any other day in your future.
Clearly, Singapore has become a desirable MBA destination in the recent years.
Excellent standard of education, great career options, and a comfortable lifestyle, have
all contributed to its popularity among international students in Singapore.
We’ll share some interesting articles in the description below. Do check them out.
And get in touch with MBA Crystal Ball if you’re looking for the best MBA consultants
for Singapore business schools. We’ve got a long track record in the region.
Good luck to you!