Abhyank Srinet 
Table of Contents
The Nanyang MBA fees for the August 2026 intake are approximately ₹66.41 lakh (S$89,380), including Singapore’s prevailing 9% GST. The application fee is approximately ₹7,430 (S$100), while the ₹16.20 lakh (S$21,800) enrolment fee is included in the total tuition. Including estimated living expenses, students should plan a total budget of approximately ₹78 lakh–₹80.67 lakh (S$104,980–S$108,580) for the 12-month programme.
Introduction
The Nanyang MBA at Nanyang Business School is one of Singapore’s leading full-time MBA programmes. It combines business fundamentals, technology, sustainability and Asian market exposure through academic learning, leadership development and practical consulting projects. The programme can be completed in 12 months, while NTU also offers a flexible 18-month pathway.
The Nanyang MBA fees for the August 2026 intake are approximately ₹66.41 lakh (S$89,380), including GST. Students must also budget for accommodation, food, transport and personal expenses in Singapore. In this blog, we explain the Nanyang MBA tuition fee, payment schedule, living expenses, scholarships, financing options and expected return on investment.
What Are the Nanyang Business School MBA Fees for 2025?
NTU publishes a tuition fee of ₹60.93 lakh (S$82,000) before GST. After adding GST, the total payable tuition becomes ₹66.41 lakh (S$89,380). The fee covers the academic and programme-related costs of the Nanyang MBA.
Students must pay a non-refundable enrolment fee of approximately ₹16.20 lakh (S$21,800) after accepting their offer. This amount confirms the student’s place in the programme and is deducted from the total tuition fee.
| Fee Component | Amount (SGD) | Details |
|---|---|---|
| Total Tuition Fee | ₹66.41 lakh (S$89,380) | Includes prevailing GST |
| Application fee | ₹7,430 (S$100) | Non-refundable |
| Enrollment Fee | ₹16.20 lakh (S$21,800) | Non-refundable and deducted from tuition |
| Student Services Fee | Approximately ₹9,412 (S$126.67) | Separate from tuition and subject to change |
| Instalment 1 | ₹5.94 lakh (S$7,994.06) | Payable in August |
| Instalment 2 | ₹22.14 lakh (S$29,792.97) | Payable in October |
| Instalment 3 | ₹22.14 lakh (S$29,792.97) | Payable in January |
| Payment Mode | Installments | Balance fee divided into 3 installments across the year |
The enrolment fee, three instalments and applicable GST together make up the full tuition amount. The Student Services Fee is charged separately and may be revised by the university.
Nanyang MBA Living Expenses in Singapore
International students should budget approximately ₹96,590–₹1.19 lakh (S$1,300–S$1,600) per month for living expenses in Singapore.
The final amount will depend on accommodation, lifestyle and personal spending. NTU’s official estimate includes graduate housing, meals, transport, personal expenses and telecommunications.
1. Food
NTU estimates monthly meal expenses at approximately ₹33,435–₹46,809 (S$450–S$630). Students who mainly use university food courts and local hawker centres may remain closer to the lower end. Regular restaurant dining and food delivery can increase the monthly budget.
2. Travel
Local transport may cost approximately ₹11,145–₹18,575 (S$150–S$250) per month. Singapore has a well-connected public transportation network, including buses and MRT services. Students living on or near campus may spend less than those travelling regularly across the city.
3. Accommodation
NTU estimates on-campus graduate housing at approximately ₹29,720–₹44,580 (S$400–S$600) per month. Actual housing costs depend on room type and availability. Students choosing private or off-campus accommodation may need a higher budget.
| Living Expenses | Estimated Monthly Cost (SGD) |
|---|---|
| On-campus graduate housing | ₹29,720–₹44,580 (S$400–S$600) |
| Meals | ₹33,435–₹46,809 (S$450–S$630) |
| Personal expenses | ₹17,089–₹24,519 (S$230–S$330) |
| Local transport | ₹11,145–₹18,575 (S$150–S$250) |
| Telecommunications | From ₹3,715 (S$50) |
| Total estimated monthly cost | ₹96,590–₹1.19 lakh (S$1,300–S$1,600) |
| Estimated 12-month living cost | ₹11.59 lakh–₹14.27 lakh (S$15,600–S$19,200) |
What Are the Nanyang MBA Fees for Indian Applicants?
Indian applicants should prepare a total budget of approximately ₹78 lakh–₹80.67 lakh (S$104,980–S$108,580) for tuition and estimated living expenses during the standard 12-month Nanyang MBA.
| Cost or requirement | Details for Indian applicants |
| Tuition including GST | ₹66.41 lakh (S$89,380) |
| Application fee | ₹7,430 (S$100) |
| Enrolment fee | ₹16.20 lakh (S$21,800), included in tuition |
| Estimated 12-month living cost | ₹11.59 lakh–₹14.27 lakh (S$15,600–S$19,200) |
| Estimated total budget | ₹78 lakh–₹80.67 lakh (S$104,980–S$108,580) |
| Work experience | 2 years |
| Official GMAT guidance | Above 600 on the previous GMAT scale |
| Estimated competitive current GMAT range | Approximately 595–645 |
NTU requires applicants to hold a bachelor’s degree, have at least two years of work experience and submit a competitive GMAT, current GMAT or GRE score. The school’s FAQ refers to a GMAT score of 600 or above on the previous scale but does not publish a current class average or median.
Therefore, a current GMAT score of approximately 595–645 can be treated as an estimated competitive range rather than an official NTU class statistic. The exact score needed will depend on the applicant’s academic record, work experience, career progression, leadership achievements and overall profile.
Indian applicants should also remember that Singapore-based education loans listed by NTU are generally limited to Singapore citizens and permanent residents. Most Indian students will need to arrange an education loan through an Indian bank or financial institution before beginning the programme.
Scholarships and Financial Aid for Nanyang MBA Students
Nanyang Business School offers several partial scholarships for candidates with strong academic records, leadership potential, international experience, sustainability interests or professional achievements.
There is currently no scholarship listed by NTU exclusively for Indian citizens. However, Indian applicants can be considered for scholarships that are open to a wider international applicant group.
- Nanyang MBA Merit Scholarship
- Nanyang Sustainability Leader Scholarship
- Nanyang Global Citizen Scholarship
- Nanyang Innovation Leader Scholarship
- Nanyang Developing Economies Scholarship
- The Sellappah Scholarship
Financial aid & loan options
Education loans offered by Singapore-based banks are generally available only to Singapore citizens and Singapore permanent residents. Foreign applicants, including Indian students, normally need to secure an education loan in their country of residence.
NTU alumni who have completed an undergraduate or postgraduate programme at the university may receive a one-time grant of 10% of tuition before GST. Corporate discounts may also be available for eligible fully or partially sponsored employees.
Scholarships and need-based support are available to selected candidates, but applicants should not depend on receiving an award when calculating their initial MBA budget.
ROI of Nanyang Business School MBA
The Nanyang Business School MBA can provide strong long-term value for professionals seeking career growth in Singapore, Asia and international markets. However, the school does not currently publish a confirmed immediate post-MBA average salary on the official programme page.
NTU reports an average alumni salary three years after graduation of approximately ₹1.84 crore (US$194,918). It also reports a 136% average salary increase from the pre-MBA level. These figures represent alumni outcomes three years after completing the MBA and should not be treated as starting salaries immediately after graduation.
Beyond salary, the programme supports students through leadership development, career coaching, practical consulting experience and access to Singapore’s business environment. The 12-month format can also reduce the period students spend away from full-time employment compared with a two-year MBA.
The actual ROI will depend on the student’s pre-MBA salary, scholarship amount, financing costs, post-MBA location, industry and career outcome.
Part-Time Jobs and Potential Earnings
Indian students holding a valid Singapore Student’s Pass may be allowed to work during their studies, subject to the Ministry of Manpower’s conditions.
Eligible full-time students at NTU may work during the academic term without a separate work pass when:
- They are full-time matriculated or registered students.
- They hold a valid Student’s Pass issued by Singapore’s Immigration and Checkpoints Authority.
- They work for no more than 16 hours per week.
- The work is part of an approved internship or industrial attachment that contributes towards graduation requirements.
Eligible students may also work during official vacation periods without a separate work pass when they meet the government’s conditions.
NTU and Singapore’s Ministry of Manpower do not guarantee part-time employment or publish fixed earnings for MBA students. Therefore, part-time work should be treated as supplementary support rather than a primary way to pay the Nanyang MBA fees.
Students should also consider the intensive nature of the programme before accepting outside work. Academic performance, networking, recruitment and career preparation should remain the main priorities.
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Conclusion
The Nanyang MBA fees for 2026 require a significant investment, with tuition and estimated living expenses bringing the total cost to around ₹78 lakh–₹80.67 lakh (S$104,980–S$108,580). However, the 12-month programme, scholarship opportunities, strong Asian business exposure and long-term career potential can make it a valuable choice. Indian applicants should evaluate their career goals, funding options, scholarship eligibility and expected return before applying.
