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Cheap Schools and Universities in Singapore for Masters Degree and Their School Fees

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If you’re considering pursuing a master’s degree in Singapore, you’ll be glad to know that there are plenty of affordable options available. In this article, we’ll give you a comprehensive overview of the various universities in Singapore and the costs associated with each. 

From public universities like NUS and NTU to private institutions like Singapore Management University (SMU), we’ll provide all the information you need to make an informed decision about your education. So whether you’re looking for an affordable option or the best possible education, this article will help you find the right fit for you.

Affordable Master’s Degree Programs In Singapore 

Singapore prides itself on a robust educational framework that is both competitive and inclusive. This extends to its postgraduate studies, where there are a plethora of options for those seeking to further their education without incurring exorbitant costs. Below are some of the affordable master’s degree programs across various institutions in Singapore, known for their excellence and relatively lower tuition fees:

  • Master of Business Administration (MBA): Many universities in Singapore offer MBA programs at relatively affordable tuition fees compared to similar programs in other countries. These programs often provide excellent networking opportunities and exposure to the dynamic business environment in Asia.
  • Master of Science (MSc) in Engineering: Singapore is known for its strong focus on science and technology, and MSc programs in engineering disciplines such as electrical engineering, mechanical engineering, and civil engineering are available at various universities. These programs offer advanced training in technical skills and are generally affordable.
  • Master of Science (MSc) in Information Technology: MSc programs in Information Technology (IT) and Computer Science are offered at several universities in Singapore. These programs provide specialized training in areas such as cybersecurity, data analytics, and software engineering, preparing graduates for roles in the tech industry.
  • Master of Science (MSc) in Finance: Singapore is a global financial hub, and MSc programs in Finance are popular among international students. These programs offer in-depth knowledge of financial markets, investment analysis, and corporate finance, and are available at affordable tuition fees.

Additionally, there are various scholarships, grants, and financial aid options available to further reduce the financial burden on students. It is advisable for prospective students to reach out directly to these universities or visit their official websites for the most current information on tuition fees and financial aid opportunities.

Read Also: Indomie National Postgraduate Scholarship For Nigerian Students 2024/2025

Cheap Schools and Universities in Singapore for Masters Degree and Their School Fees

The below are some of the Cheap Schools and Universities in Singapore for Masters Degree and Their School Fees

1) National University of Singapore (NUS)

With a keen focus on research and innovation, the university offers a variety of disciplines including Engineering, Arts and Social Sciences, and Public Policy among others.

For those considering NUS for their Master’s journey, the university’s commitment to making education accessible is evident through its subsidized tuition fees for Singaporean citizens and permanent residents. This financial consideration significantly lowers the cost barrier, enabling more students to pursue their academic and professional aspirations. In addition to the subsidies, NUS extends a variety of financial aid options including scholarships, grants, and bursaries designed to further ease the financial strain on its students.

  • Estimated Tuition Fees:  SGD 17,800-  SGD 25,800

2) Nanyang Technological University (NTU)

Nanyang Technological University (NTU) stands as a monument of innovation and research excellence, propelling Singapore further onto the global academic stage. This premier institution, renowned for its sprawling eco-friendly campus and state-of-the-art facilities, offers a wide array of master’s degree programs that are both affordable and competitive. NTU’s dedication to providing high-quality education is reflected in its diverse offerings, particularly in Engineering, Business, and Education, which are meticulously designed to meet the evolving needs of the global market.

NTU’s commitment to making advanced education accessible is evident through its substantial support for students in the form of financial assistance and scholarships. These efforts are aimed at reducing the financial barriers for students, thus enabling a broader spectrum of individuals to pursue their educational goals. The university’s master’s programs are characterized by their strong emphasis on research and practical application, ensuring that students are not only gaining theoretical knowledge but are also engaged in real-world problem-solving.

  • Estimated Tuition Fees:  SGD 20,800-  SGD 25,800

3) Singapore Management University (SMU)

Singapore Management University (SMU) distinguishes itself as a premier institution specializing in business and management studies. Nestled in the heart of Singapore’s bustling city, SMU is celebrated for its innovative approach to education, focusing on grooming future leaders with a deep understanding of Asian business practices and global trends. The university’s master’s programs, particularly in Business Management, Applied Finance, and IT in Business, are meticulously designed to bridge the gap between theory and real-world application, offering students a comprehensive and immersive learning experience.

For individuals looking to excel in the dynamic and competitive world of business, SMU offers a gateway to success. With a focus on producing well-rounded graduates who are ready to make an impact in their chosen fields, SMU stands as a beacon for those seeking to blend academic excellence with practical expertise. Prospective students interested in joining SMU’s vibrant community are encouraged to visit the university’s official website for more detailed information on program offerings, admission requirements, and financial aid options.

  • Estimated Tuition Fees:  SGD 15,800-  SGD 30,800


How much does a master’s degree cost in Singapore?

The cost of a master’s degree in Singapore can vary depending on the university, program, and residency status of the student. On average, tuition fees for international students range from SGD 20,000 to SGD 50,000 per year for most master’s programs. However, some specialized programs or prestigious universities may have higher tuition fees.

Which university is free for international students in Singapore?

The Singapore University of Technology and Design (SUTD) is the only university in Singapore that offers free tuition to all international students. This includes both undergraduate and graduate programs. SUTD is a research-intensive university that focuses on innovation and design.

How much is tuition fees in Singapore for international students?

Tuition fees for international students in Singapore vary depending on the university, program, and level of study. On average, tuition fees for international students range from SGD 20,000 to SGD 50,000 per year for most master’s programs. However, fees can be higher for certain specialized programs or prestigious universities.

How long is a master’s degree in Singapore?

A typical master’s degree in Singapore takes between one and two years to complete. Most programs are designed to be completed in one year, but some may require an additional year of study. The length of the program will depend on the specific degree and the university at which you are studying. Many universities in Singapore offer both full-time and part-time options for their master’s programs, so students can choose the option that best fits their schedule and needs.

Is a master’s degree in Singapore expensive?

While the cost of a master’s degree in Singapore can vary depending on the university and program, overall it is much more affordable than studying in many other countries. In general, tuition fees for a master’s degree in Singapore range from around SGD 25,000 to SGD 50,000 (roughly USD 17,800 to USD 35,800), with many programs falling in the lower end of that range.


In conclusion, studying for a master’s degree in Singapore is an affordable option for students from around the world. The National University of Singapore (NUS) is one of the most affordable universities in the country, with annual tuition fees starting at SGD 17,800. NUS offers a range of master’s programs in different fields, from arts and humanities to business and computer science. So, if you’re looking for a world-class education at an affordable price, NUS is a great option to consider.

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