Financing your MBA

APEC Scholarship

Eligibility – Open to nationals from the following APEC member economies (except    Singapore) to pursue a full-time MBA programme at NTU: Australia, Brunei Darussalem, Canada, Chile, Chinese Taipei, Hong Kong, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, People’s Republic of China, Peru, Philippines, Republic of Korea, Russia, Thailand, United States, Vietnam. Singaporeans and Singapore Permanent Residents and recipients of other scholarships or bursaries are not eligible to apply.

Quantum – Monthly stipend of S$1,400; book allowance of S$500; tuition fees, health insurance, examination fees and other approved fees, allowances and expenses; cost of one overseas Business Study Mission; cost of travel from home country to Singapore on award of the Scholarship; and cost of travel from Singapore to home country on successful completion of the Masters programme. Each scholarship is tenable for a period of four trimesters only.

Application – Open in November and close on 31 December each year. Invitations for applications will be placed in the newspapers in the capital cities of the APEC countries and on the University’s website.

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ASEAN Postgraduate Scholarship

Eligibility – Open to nationals of member countries of ASEAN (except Singapore) to pursue a designated full-time Masters degree by coursework at NTU. Singaporeans and Singapore Permanent Residents and recipients of other scholarships or bursaries are not eligible to apply.

Quantum – Monthly stipend of S$1,350; book allowance of S$500; tuition fees, health insurance, examination fees and other approved fees, allowances and expenses; cost of one overseas Business Study Missions; cost of travel from home country to Singapore on award of the Scholarship; and cost of travel from Singapore to home country on successful completion of the Masters programme. Each scholarship is tenable for a period of four trimesters only.

Application – Open in November and close on 31 December each year. Invitations for applications will be placed in the newspapers in the capital cities of the ASEAN countries and on the University’s website.

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NTU-MBA Scholarship

Eligibility – Open to international applicants to pursue a full-time MBA programme at NTU. Singaporeans and Singapore Permanent Residents and recipients of other scholarships or bursaries are not eligible to apply.

Quantum – partial or full programme fees of a full time programme

Application – Open in October each year and close on end February each year. Please apply for this scholarship by indicating in the “Scholarship” portion of the online application form for the Nanyang MBA. A separate application is not required.

Singaporeans and Singapore Permanent Residents, and recipients of other scholarships or bursaries are not eligible to apply for the above scholarships.

For details, visit here

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Alumni Scholarship

Eligibility – Open to alumni of NTU (refer to graduates from NTU/NTI/Nantah/NIE) admitted to the MBA programme on a full-time basis. Recipients of other scholarships or bursaries are not eligible to apply.

Quantum – A lump sum of S$3,000.

Application – Open in early July and close in end July each year. Applications forms are  available on the University's website.

For details, visit here

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Sampoerna Foundation MBA Scholarship Program

Eligibility – Open to Indonesian citizens who are under 35 years of age when lodging the application. Applicant must satisfy ALL of the conditions here.

Quantum – The scholarship’s worth is approximately between USD 70,000 to USD 150,000 per student, depending on the country and university, for the duration of study. This covers GMAT and TOEFL/IELTS reimbursement, one time only, based on original invoice, for GMAT and TOEFL/IELTS taken no more than 6 months prior to the scholarship application; University application fee, for up to 2 (two) universities; Student visa application fee; Return airfares from Jakarta to the place of study; Tuition fees, for the duration of study; Living allowance, to support living costs during period of study; Literature allowance, to purchase textbooks required for study.

Application – Application deadline is April 30. Applications should be submitted as early as possible. For more information, please visit here.

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The Lien Foundation Scholarship for Social Service Leaders

The Lien Scholarship is a postgraduate scholarship open to outstanding staff from voluntary welfare organisations (VWOs) and members of the public. This has been launched by the Lien Foundation in partnership with NCSS.

Eligibility - The scholarship is open to candidates with academic excellence, a notable performance record and the potential to take up leadership positions in VWOs. Scholarship award includes tuition fees, maintenance allowance (for full-time studies), book allowance and any other compulsory fees.

For more information on the scholarship and careers in the social services, do visit the following websites:

Lien Scholarship:
http://www.ncss.org.sg/lien
http://lienfoundation.org/ScholarshipSSL.htm

Careers in the Social Services:
http://www.socialservicejobs.org.sg 

Contact:
Contact us at NCSS for more information on the scholarship.
Ms Ng Hwee Choon: ng_hwee_choon@ncss.gov.sg
Ms Pamela Biswas: Pamela_biswas@ncss.gov.sg

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SPRING Management Development Scholarship (MDS)

The SPRING Management Development Scholarship, awarded by SPRING Singapore, aims to nurture the next generation of leaders for the trailblazer companies of tomorrow. Through a co-funding scholarship arrangement to pursue renowned graduate business programmes at leading universities in Singapore, MDS brings together the potent combination of promising young executives who have high leadership potential and dynamic, high-growth small-medium enterprises (SMEs).

SPRING MDS flyer (PDF)

The SPRING Management Development Scholarship provides funding at the following levels :

  • Full-time MBA : SPRING Singapore will provide grant value of up to 70% of expenses which includes tuition fees, basic stipend and other related costs, including monthly allowance for full-time MBA scholars.

  • Part-time MBA : SPRING Singapore will provide grant value of up to 90% of tuition fees and other related expenses. The SME will bear the full salaries throughout the course of study.

    Eligibility -

    For SMEs

    You can develop existing young managers in your company or attract new talent through the SPRING Management Development Scholarship (MDS) if your company meets the following criteria

  • at least 30% of your shareholding is local
  • your company’s group fixed assets are below S$15 million
  • you have no more than 200 employees (for companies in the services sector)
  • you have minimum S$10 million annual sales turnover
  • your company shows good growth potential
  • your company offers good opportunities for career development and advancement
  • For Individuals

    You can be a future business leader with a rewarding career in a dynamic, high-growth SME. You can apply for the SPRING Management Development Scholarship if you :

  • are currently working in an SME or are interested to join one
  • are a citizen or permanent resident of Singapore
  • have less than 5 years of working experience
  • successfully apply for one of the approved MBA programmes
  • You will need to :

  • go through a joint selection process by SPRING and the participating SME
  • serve a 3 month internship in the SME prior to embarking on the approved MBA course. Performance must be deemed    satisfactory by the SME
  • serve a bond of up to 2 years in the SME upon completion of your studies
  • For more information on government assistance programmes, please contact the EnterpriseOne hotline at Tel : (65) 6898 1800 or email enterpriseone@spring.gov.sg or visit their website at http://www.spring.gov.sg/mds

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    Financial Aid

    If you are a Singaporean or Singapore Permanent Resident, you may contact one of the following institutions for study loan:

     1) NTUC Thrift Tel: (65) 6534 7360
     2) TCC (Telecom Credit Corporation)  Tel: (65) 6319 3700
     2) Bank Loans ( Please contact your local bank for more details )

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    Bank Loans

    If you are a Singaporean or Singapore Permanent Resident, you may refer to one of the local banks for education loans.

    For international participants, please check with the banks in your home country.

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    The Nanyang MBA
    Nanyang Business School
    Nanyang Ave, S3-B3A-01/03, Singapore 639798
    Tel: (65) 6790-6183/6790-6055 Fax: (65) 6791-3561
    nbsmba@ntu.edu.sg | Feedback