Cost of Education in Singapore
The overall education of education in Singapore is comparatively low as in other preferred developed nations. The Education System in Singapore is divided into the Public and Private Institutes. The cost of study in Singapore varies according to the institute, course and duration of the course. The amount of tuition fees can range between S$5000 to S$ 20000 approximately for 6 months to 2 years Diploma course, S$ 24000 to S$55000 approximately for 2 to 4 years Bachelor Degree course and S$ 20, 000 to S$ 50,000 approximately for 1 to 1.5 years Master Degree Course. If you are studying 5 years Medical and Dental courses in Singapore, you might end up paying subsidised tuition fee with an obligation to work for 3 years in Singapore under The Tuition Grant Bond.
Cost of Studying Bachelors degree in Singapore (Tuition Fees):
At National University of Singapore (NUS):
S$30000 (Rs 15 lacs) to S$37500 (Rs 19 lacs) per academic year (except dentistry, medicine and music)
At Nanyang Technological University (NTU):
S$30000 (Rs 15 lacs) to S$35000 (Rs 18 lacs) per academic year (except dentistry, medicine and music)
At Singapore Management University (SMU):
S$41000(Rs 20 lacs) to S$47000(Rs 24 lacs) per academic year
Note – The above fees are an estimate of tuition cost only and are for students who do not receive (Ministry of Education) MOE Tuition Grants**(read below). If you do receive a tuition grant, then the fee can become nearly HALF of what is quoted above
At Private Institutions:
S$35000 (Rs 18 lacs) to S$55000 (Rs 23 lacs) for the complete program including examination fees, study materials, etc. Note: Most undergraduate programs in Singapore can be completed in TWO years (instead of 3 or 4 years in other countries) and the degree is awarded by popular Universities of UK, USA and Singapore.
The Tuition Grant Scheme (TGS) was introduced by the Government to subsidize the high cost of tertiary education in Singapore. The TGS is currently open to students enrolled for full time undergraduate/diploma courses (subject to guidelines under existing policy). In exchange for Government subsidy received under the TGS, all non-Singaporean students (including Singapore Permanent Residents), are required to sign a TG agreement in which they will be contractually obliged to work in Singapore for a minimum period of 3 years after finishing their graduation.
Cost of Studying Masters degree in Singapore (Tuition Fee) :
| Master’s & Degree Awarding Body | Institution | Master’s Course Fee (Approx.) |
|
Master of Technology in Software Engineering (MTech SE) |
Institute of Systems Science, National University of Singapore | S$ 44,925 |
| Master of Technology in Knowledge Engineering (MTech KE) | Institute of Systems Science, National University of Singapore | S$ 44,925 |
| Master of Technology in Enterprise Business Analytics (MTech EBAC) | Institute of Systems Science, National University of Singapore | S$ 44,100 |
| Master Of Laws In Cross-Border Business And Finance Law In Asia (LLM) | Singapore Management University (SMU) | S$ 37,450 |
| Master of Professional Accounting (MPA) | Singapore Management University (SMU) | S$ 38,520 |
| Master of IT in Business (MITB) | Singapore Management University (SMU) | S$ 45,000 |
| Master of Tri-Sector Collaboration (MTSC) | Singapore Management University (SMU) | S$ 43,000 |
| Dual LLM in Commercial
Law (Singapore and London)
|
Singapore Management University (SMU) | S$ 56,000 |
| Master of Social Work | Singapore Institute of Management (SIM) | S$ 29,000 |
| Master of Taxation | Singapore Institute of Management (SIM) | S$ 29,000 |
| Master of Global Business | S P Jain Global School Of Management | S$ 30,000 |
| Master of Education | James Cook University, Singapore | S$ 22,407 |
| Master of Professional Accounting | James Cook University, Singapore | S$ 32,100 |
| Master of International Tourism and Hospitality Management | James Cook University, Singapore | S$ 32,100 |
| Master of Information Technology – Business Informatics | James Cook University, Singapore | S$ 32,100 |
| Master of Information Technology – Interactive Technologies & Game Design | James Cook University, Singapore | S$ 32,100 |
| Master of Information Technology – Computing & Networking | James Cook University, Singapore | S$ 32,100 |
| Master of Applied Finance (Singapore) | Macquarie University | S$ 41,200 |
| Master of International Tourism & Hotel Management (Southern Cross University, Singapore) | MDIS | S$ 23,100 |
Cost of Studying MBA degree in Singapore (Tuition Fee):
| MBA & Degree Awarding Body | Institution | MBA Course Fee (Approx.) |
| INSEAD MBA Singapore (Asia Campus) | INSEAD | EURO 71000 |
| NUS MBA | National University of Singapore (NUS) | S$62000 |
| Nanyang MBA | Nanyang Technological University (NTU) | S$55000 |
| SMU MBA | Singapore Management University (SMU) | S$62,200 (excl. GST) |
| SP Jain Global MBA (tri-city MBA) | SP Jain School of Global Management | USD 31000 |
| MBA in Hospitality Management from Queen Margaret University Edinburgh (UK) | EASB Institute of Management | S$23000 |
| MBA from Edinburgh Business School (Heriot-Watt University) (UK) | EASB Institute of Management | S$28900 |
| MBA in Strategic Planning from Edinburgh Business School (Heriot-Watt University) (UK) | EASB Institute of Management | S$34200 |
| MBA in Human Resource Management (HRM) from Edinburgh Business School (Heriot-Watt University) | EASB Institute of Management | S$34200 |
| MBA in Marketing from Edinburgh Business School (Heriot-Watt University) (UK) | EASB Institute of Management | S$34200 |
| MBA in Finance from Edinburgh Business School (Heriot-Watt University) (UK) | EASB Institute of Management | S$34200 |
| MBA (General) from Cardiff Metropolitan University (UK) | EASB Institute of Management | S$23000 |
| MBA in Aviation (Accelerated MBA) from Embry-Riddle Aeronautical University (USA) | ERC Institute | S$33912 |
| MBA International Business from University of Greenwich (London, UK) | ERC Institute | S$16500 |
| MBA International Business (Operations & Logistics) from University of Greenwich (London, UK) | ERC Institute | S$16500 |
| MBA International Business (Tourism & Hospitality Management) from University of Greenwich (London, UK) | ERC Institute | S$16500 |
| MBA from University of Wolverhampton (UK) | ERC Institute | S$39600 |
| MBA from University of NewCastle (Singapore) | PSB Academy | S$29000 (incl GST) |
| MBA from Southern Cross University (Singapore) | Management Development Institute of Singapore (MDIS) | S$23,500 |
| MBA from University of Sunderland (UK) | Management Development Institute of Singapore (MDIS) | S$24,075 |
| MBA Banking & Finance from Bangor University (UK) | Management Development Institute of Singapore (MDIS) | S$22,470 |
| MBA International Marketing from Bangor University (UK) | Management Development Institute of Singapore (MDIS) | 22,470S$ |
| MBA from James Cook University (Singapore) | James Cook University (JCU) Singapore Campus | S$44,000 |
| MBA – Human Resource Management from James Cook University (Singapore) | James Cook University (JCU) Singapore Campus | S$44,000 |
| MBA – Marketing from James Cook University (Singapore) | James Cook University (JCU) Singapore Campus | S$44,000 |
| MBA – Managerial Accounting from James Cook University (Singapore) | James Cook University (JCU) Singapore Campus | S$44,000 |
| MBA from Anglia Ruskin University, Cambridge (UK) | Amity Global Business School | S$17,000 |
To know all about MBA in Singapore with GMAT requirement, work experience requirements, etc. check out our MBA in Singapore page
Cost of Living in Singapore
Like cost of education, living expenses are low in Singapore as compared to other study abroad destinations but it has high standard of living. Your cost of living while studying abroad in Singapore will include your expenses on accommodation, food, groceries, books and travel. While studying in Singapore, you can opt for following accommodation options:
| Type of Accommodation | Estimated Cost for Accommodation per Month |
| University’s Halls of Residence | S$ 155 – S$800 approximately |
| Boarding School | S$ 6,000 – S$15,000 approximately per academic year |
| Private Hostel | S$750 approximately |
| Room in Public Housing | S$300 – S$600 approximately |
| Whole Unit in Public Housing | S$1000 – S$2000 approximately |
| Room in Private Housing | S$800 – S$1,200 approximately |
| Whole Unit in Private Housing | S$1,000 and more approximately |
To sum it up an average cost of living in Singapore is S$750 to S$2,000 approximately per month depending on one’s preferred lifestyle.