Singapore is a popular education destination for international students from entire Asia. It is a growing economy, has an excellent cultural mix, and has immaculate educational institutions. The country stands tall at the 5th spot in the LPI index of Growth Rankings. So, it is easy to run a business for international companies and non-residents. It is why the master of business administration singapore is a popular course among students from several countries in Asia and globally.
It is a fact that America is one of the most powerful economies. It houses some of the top B Schools on the planet. However, some Asian countries are entering the race, like China, India, and Singapore. These countries have institutions with strongsubstantial brand value in the global business environment.
Since 2018, the enrollment of students in MBA programs in Singapore has seen a surge. It may be because of the affordable course fee (compared to the US) and favorable policies for international students. On the other hand, the number of MBA applications in the USA has plummeted.
So, here are why Singapore is an emerging hub for studying MBA.
- Multicultural society – a mini Asia
The population in the country is a healthy mix of various minorities from India, China, Malaysia, and other Asian cities. So, it is a melting pot of cultures, and it reflects in the lifestyle. Many people are fluent in English and are open to welcoming foreigners to their area.
Being away from their home country can make students suffer from some mental health issues in the beginning. So, having supportive and friendly people around can help them feel comfortable.
- Quality of life
It is an important parameter to pick a country to study. Many international members tend to stay and work there for a few years at least. As an MBA graduate, life is going to be good in Singapore. The salary is high enough to yield a good ROI for the investment in education. Singapore has robust local transport, affordable accommodation options, and a cheap cost of living. So, one gets everything they wish for here.
International education is not cheap, and it is why Singapore offers plenty of scholarships for international students. One will have to check up with their desirable schools to know the specifications.
For these reasons, a master of business administration singapore is a desirable education option for many students globally.