MIM in Singapore

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INSEAD

Singapore , Singapore

MIM ( Management )

Course Level: Master's
Course Duration: 3 Years
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MIM ( Project Management )

Course Level: Master's
Course Duration: 2 Years
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MIM ( Management )

Course Level: Master's
Course Duration: 2 Years
View courses Apply Now

Why Study MIM (Master of Management) in Singapore

1. Global Business Hub: Singapore is known as a global business and financial hub, attracting multinational companies, startups, and entrepreneurs from around the world. Studying in Singapore gives you access to a vibrant business ecosystem and opens doors to numerous networking and career opportunities.

2. Strong Economy: Singapore has a robust and diverse economy with a focus on innovation, technology, finance, and international trade. It offers a favorable environment for business and entrepreneurship, making it an ideal place to study management and gain insights into global business practices.

3. High-Quality Education: Singapore is home to reputable universities and business schools that offer world-class education. Many MIM programs in Singapore are designed to provide students with a solid foundation in management principles, leadership skills, and practical business knowledge, equipping them for successful careers in various industries.

4. International Exposure: Studying in Singapore exposes you to a multicultural and cosmopolitan environment. You'll have the opportunity to interact with students from different backgrounds, cultures, and nationalities, fostering cross-cultural understanding and enhancing your global perspective.

5. Career Opportunities: Singapore's strong economy and business-friendly environment create abundant job opportunities for management graduates. The city-state is home to regional headquarters of many multinational companies, providing a range of career options in diverse industries such as finance, consulting, technology, hospitality, and more.

6. Connectivity: Singapore's strategic location in Southeast Asia provides easy access to other countries in the region. This offers students opportunities for internships, networking, and business collaborations in neighboring countries, contributing to a broader understanding of the business landscape in Asia.

7. Safety and Quality of Life: Singapore is known for its safety, cleanliness, and high quality of life. The city offers excellent infrastructure, efficient public transportation, and a wide range of cultural, recreational, and culinary experiences, providing a conducive environment for studying and living.

8. Scholarship Opportunities: Singapore offers various scholarships and funding options for international students. These scholarships can help offset the cost of education and provide financial support, making studying in Singapore more affordable.


MIM (Master of Management) Specializations in Singapore

University

Course Duration

Fees (Approximate)

Specializations

National University of Singapore (NUS)

1 year

SGD 45,000 - SGD 55,000

General Management, Strategy, Marketing, Finance, Analytics, Operations

Singapore Management University (SMU)

1 year

SGD 38,000 - SGD 45,000

Strategy & Innovation, Marketing, Finance, Analytics, Operations, Organizational Behavior

Nanyang Technological University (NTU)

1 year

SGD 35,000 - SGD 45,000

Strategy & Innovation, Marketing, Finance, Analytics, Operations, Organizational Behavior

Singapore University of Technology and Design (SUTD)

1 year

SGD 30,000 - SGD 35,000

Business Analytics, Operations, Innovation and Entrepreneurship

James Cook University Singapore (JCU)

1.5 years

SGD 31,000 - SGD 36,000

International Business, Entrepreneurship, Marketing, Human Resource Management, Tourism & Hospitality Management, Accounting

PSB Academy Singapore

1 year

SGD 25,000 - SGD 30,000

Marketing, International Business, Finance, Entrepreneurship, Operations, Human Resource Management


Admission Intake for MIM (Master of Management) in Singapore

1. August/September Intake: This is the main intake for most universities in Singapore. The application deadlines for the August/September intake are typically in the months of January to March. Successful applicants will begin their MIM program in the following academic year, which usually starts in August or September.

2. January/February Intake: Some universities may offer a smaller intake in January or February. The application deadlines for this intake are usually in the months of August to October of the previous year. The January/February intake provides an alternative entry point for students who may have missed the August/September intake or wish to start their studies in the mid-year.


Top 10 Universities in Singapore for MIM (Master of Management)

University

QS World Ranking (2021)

Course Specializations

National University of Singapore (NUS)

11th

General Management, Strategy, Marketing, Finance, Analytics, Operations

Singapore Management University (SMU)

477th

Strategy & Innovation, Marketing, Finance, Analytics, Operations, Organizational Behavior

Nanyang Technological University (NTU)

13th

Strategy & Innovation, Marketing, Finance, Analytics, Operations, Organizational Behavior

Singapore University of Technology and Design (SUTD)

441-450th

Business Analytics, Operations, Innovation and Entrepreneurship

James Cook University Singapore (JCU)

Not Ranked

International Business, Entrepreneurship, Marketing, Human Resource Management, Tourism & Hospitality Management, Accounting

PSB Academy Singapore

Not Ranked

Marketing, International Business, Finance, Entrepreneurship, Operations, Human Resource Management

Singapore Institute of Management (SIM)

Not Ranked

Marketing, Finance, Operations, Entrepreneurship, Strategy

Kaplan Singapore

Not Ranked

Marketing, Finance, Operations, Entrepreneurship, Strategy

Management Development Institute of Singapore (MDIS)

Not Ranked

Marketing, Finance, Operations, Entrepreneurship, Strategy

Singapore University of Social Sciences (SUSS)

Not Ranked

Marketing, Finance, Operations, Entrepreneurship, Strategy


Tuition Fees for MIM (Master of Management) in Singapore

1. National University of Singapore (NUS): SGD 40,000 to SGD 55,000 for international students.

2. Singapore Management University (SMU): SGD 38,000 to SGD 45,000 for international students.

3. Nanyang Technological University (NTU): SGD 35,000 to SGD 45,000 for international students.

4. Singapore University of Technology and Design (SUTD): SGD 30,000 to SGD 35,000 for international students.

5. James Cook University Singapore (JCU): SGD 31,000 to SGD 36,000 for international students.

6. PSB Academy Singapore: SGD 25,000 to SGD 30,000 for international students.


Cost of Studying MIM (Master of Management) in Singapore

Expense

Monthly Cost (SGD)

Annual Cost (SGD)

Accommodation

800 - 2,500

9,600 - 30,000

Utilities (Electricity, Water, etc.)

100 - 200

1,200 - 2,400

Food

300 - 600

3,600 - 7,200

Transportation

80 - 120

960 - 1,440

Books and Study Materials

50 - 100

600 - 1,200

Personal Expenses

200 - 300

2,400 - 3,600

Health Insurance

50 - 100

600 - 1,200

Miscellaneous

100 - 200

1,200 - 2,400

Total

1,680 - 3,070

20,160 - 36,240


Eligibility for doing MIM (Master of Management) in Singapore

1. Educational Qualifications: Applicants are typically required to have a bachelor's degree or an equivalent qualification from a recognized university or institution. The degree can be in any discipline, although some programs may prefer applicants with a background in business, management, or a related field.

2. Academic Performance: Applicants are usually required to have a strong academic record, with a minimum grade point average (GPA) or equivalent score specified by the university. The specific GPA requirement can vary between institutions and programs.

3. Work Experience: While work experience is not always mandatory for MIM programs, some universities may prefer applicants with relevant professional experience. Programs designed for early career professionals may have a lower emphasis on work experience compared to those targeting mid-career professionals.

4. English Language Proficiency: Since the medium of instruction in most MIM programs in Singapore is English, applicants whose first language is not English are usually required to demonstrate proficiency in the English language. This can be done by providing scores from standardized English language tests such as the IELTS or TOEFL.

5. Entrance Exams: Some universities may require applicants to submit scores from entrance exams such as the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE). The required scores can vary between institutions and programs.

6. Letters of Recommendation: Applicants may be asked to provide letters of recommendation from professors, employers, or other individuals who can attest to their academic abilities, professional skills, and suitability for the program.

7. Statement of Purpose: Many MIM programs require applicants to submit a statement of purpose outlining their motivation for pursuing the program, career goals, and how the program aligns with their aspirations.


Documents Required for MIM (Master of Management) in Singapore

1. Completed Application Form: Most universities or institutions have an online application system where you will need to fill out the application form with your personal and academic information.

2. Academic Transcripts: You will be required to submit official transcripts or academic records from all the educational institutions you have attended. These transcripts should include information about the courses taken, grades achieved, and the awarding institution.

3. Degree Certificate: You will need to provide a copy of your bachelor's degree certificate or any other relevant degrees you hold. In some cases, you may be asked to provide certified or notarized copies of these documents.

4. Resume/Curriculum Vitae (CV): A detailed resume or CV outlining your educational background, work experience, internships, research projects, and any other relevant professional activities.

5. Statement of Purpose (SOP): A well-written statement of purpose that highlights your motivation for pursuing the MIM program, your career goals, and how the program aligns with your aspirations.

6. Letters of Recommendation: You may be required to submit two to three letters of recommendation from professors, employers, or other individuals who can speak to your academic abilities, professional skills, and suitability for the program. These letters should be written on official letterhead and include the recommender's contact information.

7. English Language Proficiency Test Scores: If English is not your first language, you may be required to provide English language proficiency test scores such as the IELTS or TOEFL. The specific score requirements can vary among institutions.

8. Passport-Sized Photographs: You may need to provide passport-sized photographs as per the specifications provided by the university or institution.

9. Copy of Passport: A photocopy of the identification page of your passport or any other valid identification document.

10. Application Fee: Some universities or institutions may require payment of an application fee. The fee amount can vary between institutions.


Scholarships for MIM (Master of Management) in Singapore

1. NUS Business School MIM Scholarships: National University of Singapore (NUS) offers a range of scholarships specifically for MIM students. These scholarships are merit-based and aim to attract outstanding students to the program.

2. SMU MIM Scholarships: Singapore Management University (SMU) provides scholarships to MIM students based on academic excellence and leadership potential. These scholarships may cover full or partial tuition fees.

3. NTU MIM Scholarships: Nanyang Technological University (NTU) offers various scholarships for MIM students, including the Nanyang Scholarship and NTU-Mochtar Riady Scholarship. These scholarships recognize academic achievements and provide financial support.

4. SUTD MIM Scholarships: Singapore University of Technology and Design (SUTD) offers scholarships to MIM students who demonstrate strong academic performance and leadership potential. These scholarships can help cover tuition fees and living expenses.

5. Government Scholarships: The Singapore government provides various scholarships and financial aid options for local and international students. Examples include the Singapore Scholarship, A*STAR Graduate Scholarship, and the Ministry of Education (MOE) scholarships.

6. Industry Scholarships: Many industries and organizations in Singapore offer scholarships to MIM students pursuing careers in specific sectors. These scholarships are often targeted towards exceptional students with a passion for a particular industry.


Jobs and Salary after MIM (Master of Management) in Singapore

1. Management Consultant: MIM graduates often find opportunities in management consulting firms, where they provide strategic advice and solutions to improve business performance. Salary ranges for management consultants in Singapore can vary from SGD 60,000 to SGD 100,000 per year, depending on experience and the consulting firm.

2. Business Analyst: MIM graduates may work as business analysts, responsible for analyzing market trends, conducting data-driven research, and providing insights to support business decision-making. Entry-level business analysts in Singapore can earn salaries ranging from SGD 40,000 to SGD 70,000 per year.

3. Marketing Manager: Graduates with a specialization in marketing can pursue roles as marketing managers, overseeing marketing strategies, branding, advertising, and market research. The salary for marketing managers in Singapore typically ranges from SGD 60,000 to SGD 120,000 per year.

4. Operations Manager: MIM graduates with a focus on operations management may work as operations managers, responsible for optimizing processes, managing supply chains, and improving efficiency. The salary for operations managers in Singapore can range from SGD 60,000 to SGD 100,000 per year.

5. Financial Analyst: MIM graduates with a specialization in finance may work as financial analysts, conducting financial research, analyzing investment opportunities, and providing financial recommendations. The salary for financial analysts in Singapore can range from SGD 50,000 to SGD 90,000 per year.

6. Project Manager: MIM graduates with strong project management skills may find opportunities as project managers, overseeing and delivering complex projects within organizations. The salary for project managers in Singapore can range from SGD 70,000 to SGD 120,000 per year.

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