NUS MBA Scholarships : Fees, Financial Aids & More

Are you dreaming of pursuing an MBA at one of Asia’s top business schools? Well, you’ve landed at the right place. Today, we’re diving into the exciting world of NUS MBA Scholarships, a golden opportunity for students like you, looking to study abroad. So, grab a cup of coffee, and let’s embark on this informative journey together!

NUS MBA PROGRAM OVERVIEW

A GLIMPSE INTO THE PROGRAM

The National University of Singapore (NUS) offers an MBA program that is a blend of academic rigor and real-world application. It’s a 17-month journey designed to transform your career. The full-time program is structured to enrich your learning experience with practical components like internships and student exchanges.

Here’s what you can expect:

  • Duration: 17 months of intensive learning.
  • Core and Elective Modules: You’ll complete 10 core modules and 7 elective modules, covering subjects from corporate strategy to marketing management.
  • Learning Format: Core module classes are usually during the day, while electives take place in the evening.

WHO IS IT FOR?

This program is tailor-made for:

  • Individuals with a recognized bachelor’s degree.
  • Those with a competitive GMAT/GRE score.
  • Professionals with a minimum of 2 years of post-bachelor’s full-time work experience.
  • Candidates proficient in English, often demonstrated through TOEFL or IELTS scores.

DETAILED OVERVIEW OF NUS MBA SCHOLARSHIPS

Navigating the world of scholarships can be overwhelming, but fear not! NUS offers a plethora of scholarship options, each tailored to different needs and backgrounds. Let’s break them down for easier understanding.

  1. The NUS MBA Dean’s Award: This prestigious award is for those who exhibit exemplary leadership, outstanding achievements, and diverse backgrounds. It covers the tuition fee in full and includes a S$5,000 experiential learning grant.
  2. The NUS MBA Scholarships for Specific Regions: These scholarships are open to candidates from Latin America, Africa, North America, Europe, and the Middle East, focusing on leadership experience and potential. They partially cover the tuition fee.
  3. The NUS MBA ESG Scholarship: Are you passionate about Environmental, Social & Governance (ESG) issues? This scholarship is for candidates who have made strides in this area and covers a portion of the tuition fee.
  4. The NUS MBA Scholarship for Women: Designed for exceptional women with leadership capabilities and commitment to advancing women-led causes. It offers partial tuition fee coverage and requires active participation in outreach efforts.
  5. The NUS Part-Time MBA Scholarship: For those eyeing the part-time MBA program, this scholarship is based on academic and professional achievements, test scores, and leadership potential, funding around 15% of the tuition fees

APPLICATION PROCESS AND DEADLINES

How to Apply?

  1. Check Eligibility: Ensure you meet the criteria for the scholarship you’re interested in.
  2. Prepare Your Documents: This includes academic transcripts, test scores, and other relevant documents.
  3. Write a Compelling Essay: Many scholarships require an essay explaining why you deserve the award.
  4. Meet the Deadlines: Applications for scholarships are time-sensitive. Make sure to submit yours well before the deadline.

KEY DEADLINES

  • Round 1: Apply by October 31, 2023
  • Round 2: January 17, 2024 (critical for scholarship consideration)
  • Round 3: April 2, 2024

Remember, to be considered for scholarships, you must apply by Round 2 for the August 2024 intake.

FEES AND EXPENSES FOR THE NUS MBA PROGRAM

Understanding the financial aspect of an MBA program is crucial. Let’s take a look at the fees and expenses associated with the NUS MBA:

  1. Tuition Fees: For the August 2024 intake, the full-time MBA tuition fee is SGD 87,000, inclusive of Goods & Services Tax (GST).
  2. Payment Schedule:
    • Upon Acceptance: SGD 10,800
    • Semester 1: SGD 41,965
    • Semester 2: SGD 41,965

These fees cover the academic costs but remember to account for living expenses, travel, and other personal costs during your stay in Singapore

Conclusion

Embarking on an MBA journey is a monumental step in anyone’s career, especially if it involves studying abroad. The NUS MBA program offers a unique blend of academic rigor and practical exposure, making it an attractive choice for students globally. With a wide range of scholarships available, NUS ensures that talented students from various backgrounds can access this opportunity.

From the comprehensive scholarship options to the supportive career development services, NUS stands out as a beacon for aspiring business leaders. Whether you’re a woman looking to make a mark in the corporate world, an international student eager to experience the dynamism of Asia’s business landscape, or a part-time professional aiming to elevate your career, there’s a scholarship waiting for you at NUS.

Remember, the key to securing these scholarships lies in understanding the eligibility criteria, preparing a strong application, and adhering to deadlines. With careful planning and a clear vision, the NUS MBA can be your gateway to global business leadership.

To all the ambitious students out there, looking to chart a course in the world of business, NUS offers not just an education, but a transformative experience. It’s more than just a degree; it’s a journey that prepares you for the challenges and opportunities of the global business environment.

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