Nanyang MBA – Admission 2024, Class Profile, Eligibility, Fees, Placements, Scholarships

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Looking to do an MBA in Singapore? The Nanyang Business School (NBS) at Nanyang Technological University (NTU) in Singapore is renowned for its commitment to excellence in business education. Its MBA program is a testament to this commitment, designed to nurture the next generation of global business leaders.

Nanyang MBA program

In this article, we explore the intricacies of the Nanyang MBA program, from its typical class profile to admissions requirements, program overview, fees, placements, scholarships, and notable alumni.

General Information

The Nanyang MBA program at NBS is a full-time, intensive program that offers a comprehensive curriculum designed to equip students with the knowledge, skills, and mindset needed to excel in the fast-paced world of business. Known for its global perspective, the program attracts students from diverse backgrounds and nationalities, creating a rich and dynamic learning environment.

Here is some general information on NTU’s Nanyang Business School:

Class Profile

The Nanyang MBA values diversity, and its typical class profile reflects this commitment. Students in the program come from various academic disciplines, industries, and countries. The latest class comprises candidates from 17 countries and at least 10 industries. 40% of the class is represented by women candidates. This diversity enriches classroom discussions, fosters cross-cultural learning, and prepares students for the globalized business landscape.

Nanyang MBA class profile
Nanyang MBA programFull-time MBA
Class Size100*
Average Age (years)28
Average Work experience (years)6
Nationalities17
Women Candidates40%
Industries10+*
Average GMAT Score670*

*Estimated figures

The Nanyang MBA program is a full-time MBA program with a class size of approximately 100 students. The average age of the students in the program is 28 years, and they typically have an average of 6 years of work experience.

The program boasts a diverse cohort, with students representing 17 different nationalities, and it is particularly inclusive, with 40% of the candidates being women.

Students in the program come from a wide range of industries, with more than 10 different industries represented. The average GMAT score of students admitted to the program is 670.

Nanyang MBA Program Overview

Program Structure and Duration

The Nanyang MBA program presents a flexible choice between a full-time 12-month or a part-time 18-month duration. This accommodates candidates’ needs while enabling them to select from five specialized tracks, aligning their career aspirations:

  • Banking & Finance
  • Strategy & Innovation
  • Marketing Management
  • Business Analytics
  • Sustainability

In response to industry demands for exceptional MBA graduates, the Nanyang MBA program integrates the following components:

  • Nine core courses
  • Five specialization tracks
  • Leading People Globally
  • Strategy Projects at Nanyang (SPAN)
  • Business Study Mission (BSM)
  • Nanyang MBA Curriculum
nanyang mba curriculum

Core Courses

The program encompasses nine core courses, which furnish a strong foundational understanding. This complements the elective courses available within the five specialization tracks. Moreover, students have the privilege to explore cross-disciplinary courses delivered by esteemed university departments. These modules delve into topics encompassing entrepreneurship, environmental dynamics, government, and political nuances. This multifaceted approach empowers candidates to access diversified knowledge and intellectual leadership from various disciplines. This cultivates a tailored MBA journey that resonates with individual interests and ambitions.

  • Accounting
  • Finance
  • Marketing
  • Operations
  • Strategic Management
  • Technology & e-Business
  • Analytics for Decision Making
  • Economics & Markets
  • Corporate Governance & Ethics

Electives

The NTU MBA program affords students the liberty to choose four electives from six distinct MBA tracks. Each track offers an extensive array of elective courses. This interdisciplinary structure permits students to select electives from any of the six tracks, enabling them to explore varied subjects and customize their learning experience according to personal interests and career objectives.

  • General Management
  • Strategy & Innovation
  • Banking & Finance
  • Marketing Management
  • Business Analytics
  • Sustainability

It’s noteworthy that the available elective courses might differ from year to year, subject to potential revisions.

Double MBA or Double Masters

In order to expand educational horizons, the NTU MBA program has fostered partnerships with reputable business schools across Europe and Asia. Through these collaborations, students can opt for Double MBA or Double Masters programs, leveraging the strengths of both institutions.

The Double MBA or Double Masters pathways confer two degrees: an MBA from Nanyang Business School and another Masters or MBA degree from the collaborating business school. 

Several programs are available:

  • Nanyang-Waseda Double MBA: This 14-month program awards two MBA degrees, combining studies in Singapore and Japan.
  • Nanyang-St Gallen Double Masters: A 24-month program, it grants a Nanyang MBA degree and a Master of Arts in Strategy & International Management, spanning Singapore and St Gallen, Switzerland.
  • Nanyang ESSEC Double Masters: This 24-month program unites the Nanyang MBA with an MSc in Management, offering comprehensive education in Singapore and France.

These Double MBA and Double Masters programs offer a unique opportunity to glean insights from two esteemed institutions, while immersing in diverse cultural and business landscapes. It broadens horizons for professional advancement and enriches global perspectives, enhancing career prospects in the dynamic interconnected business world.

Exchange Program

Acknowledging the value of collaboration, the Nanyang MBA program extends valuable learning opportunities through partner universities globally. These encompass double-degree and exchange programs that enable 12-month Nanyang MBA graduates to undertake full-term or summer exchanges abroad.

Participants extol the enrichment garnered from these collaborative agreements, relishing the experience of a term overseas. The NBS warmly invites MBA students from partner universities to partake in their program as exchange participants, fostering a diverse and international learning milieu.

Proudly affiliated with PIM (Partnership in International Management), a consortium of esteemed business schools founded in 1973, NBS stands as an exemplar of excellence in business administration and management education. Each member institution signifies regional leadership, offering an MBA or equivalent graduate degree in management.

Through these collaborative ventures and active engagement in PIM, the Nanyang MBA program furnishes exceptional prospects to forge global networks, attain international exposure, and contribute to a thriving and diversified learning community. Embrace the advantages of collaboration and delve into the realm of opportunities that the Nanyang MBA program unfolds.

NTU Nanyang MBA Eligibility

To be eligible for the Nanyang MBA program, you have to fulfill these requirements:

  • Bachelor’s Degree
  • Minimum of 2 years of work experience 
  • Competitive GMAT or GRE score 
  • TOEFL score > 100 IBT or IELTS score > 6.5, if English was not the medium of instruction used at the undergraduate level

Nanyang MBA Program Deadlines

These are the Nanyang MBA application Deadlines for July Intake

Round 1

  • Application: 01 November, 2023
  • Interview Decision: 02 December, 2023
  • Final Decision: 03 January, 2024

Round 2

  • Application: 15 January, 2024
  • Interview Decision: 18 February, 2024
  • Final Decision: 18 March, 2024

Round 3

  • Application: 31 March, 2024
  • Interview Decision: 24 April, 2024
  • Final Decision: 15 May, 2024

Nanyang MBA Fees


MBA Program
DurationLocation(s)Fees
Nanyang MBA12 months3 ​trimestersSingaporeSGD 65,000​
Nanyang-Waseda Double MBA Full Time14 months3 trimestersSingapore & JapanSGD 65,000​(Successful applicants will enjoy a grant of $8,000, off the $73,000, hence making the fees on par with that of the Nanyang MBA program)
Nanyang-ESSEC Double Masters24 monthsSingapore & FranceSGD 65,000​
Nanyang-St GallenDouble Masters24 monthsSingapore & SwitzerlandSGD 65,000​

The fees mentioned are excluding GST.

Scholarships

Nanyang Business School offers a range of scholarships for MBA students. These scholarships are awarded based on criteria such as academic excellence, leadership potential, and diversity. Scholarships aim to make quality education accessible and attract top talent to the program.

Applying for an MBA Scholarship: Procedure and Guidelines

During the process of completing the online application form for the program, applicants are prompted to indicate whether they require a scholarship. In the event that a scholarship is indeed required, individuals should mark the applicable scholarship(s) and prepare an additional essay for the scholarship committee’s consideration, alongside the submission of other application documents.

Kindly note that only the QS scholarships necessitate supplementary application forms. Comprehensive details regarding the application procedures for these specific scholarships can be accessed by selecting the respective scholarship names provided below.

Nanyang MBA Placements

Here is a snapshot of the Nanyang MBA placements:

  • The average salary would range between SGD 80,000 and SGD 100,000.
  • 93% of the MBA class received employment within 3 months after graduating.
  • 20% of Nanyang MBA graduates secured placements in Technology, Media & Telecommunications (TMT) industry followed closely by Financial Services/Insurance at 19%. Consulting/Professional Services and Healthcare/Pharmaceuticals accounted for 13% of the Nanyang MBA Class.
  • 70% of the Nanyang MBA Class changed their industries
  • 54% of the class found employment in Singapore and 65% changed their geographies.

The Nanyang MBA program does not share the average salary of the latest graduate class. However, it only shared the average salary of its class 3 years after graduation.

The average alumni salary 3 years after graduation is USD 134,213 which is a staggering 107% increase from the average salary at graduation.
Based on this data, we can estimate the average graduate salary of the Nanyang MBA program to be around USD 65,000 or SGD 88,000. This was the average salary 3 years back.

Assuming the graduate salary increases by 5% every year, the current average salary of the Nanyang MBA class should be around USD 75,000 or SGD 100,000.

93% of the Nanyang MBA class found employment within 3 months of graduating.

Post MBA Industries

Nanyang MBA Placements by Industry
IndustryPercent
Technology, Media & Telecommunications (TMT)20%
Financial Services / Insurance19%
Consulting / Professional Services13%
Healthcare / Pharmaceuticals10%
Fmcg & E-Commerce10%
Manufacturing & Conglomerates9%
Others7%
Public / Social Sector5%
Agriculture2%
Transportation & Logistics Services2%
Petroleum / Energy2%

This is a breakdown of the industries where Nanyang MBA graduates secure placements, along with the corresponding percentages. The Technology, Media & Telecommunications (TMT) sector leads at 20%, followed closely by Financial Services/Insurance at 19%. Consulting/Professional Services and Healthcare/Pharmaceuticals hold 13% and 10% respectively. Fast-Moving Consumer Goods (FMCG) & E-Commerce, Manufacturing & Conglomerates, and Other industries each account for around 10% or 9% of placements. The Public/Social Sector and Agriculture industries represent 5% and 2% respectively. Lastly, both Transportation & Logistics Services and Petroleum/Energy sectors contribute 2% each to the placement landscape.

Industry Pivots

Industry Pivot refers to people who have changed their pre and post MBA industries. A staggering 70% of the Nanyang MBA class changed their pre and post MBA industries. Take a look at the below graphic to understand industry pivots in detail.

Nanyang MBA Placements

Placement by Geography

In terms of where Nanyang MBA graduates find employment, Singapore is the most prominent region, accounting for 54% of placements. Following closely, East Asia and South East Asia represent 21% and 8% respectively. Europe and South Asia both contribute 8% and 7% respectively to the graduate placements, while the Americas and Central Asia each make up 2% and 1% respectively.

NTU Nanyang MBA Placements by Region
GeographyPercent
Singapore54%
East Asia21%
South East Asia8%
Europe8%
South Asia7%
Americas2%
Central Asia1%

Geographic Pivots

65% of the Nanyang MBA Class changed their pre and post MBA geographies because of the employment opportunities. Most of these graduates changed their post MBA geography to Singapore. Take a look at this graphic to understand more.

Nanyang MBA placements by region

FAQs – Nanyang MBA

What is the duration of the Nanyang MBA program?

The Nanyang MBA program offers both full-time and part-time options. The full-time program spans 12 months, while the part-time program takes 18 months to complete, providing flexibility to suit your schedule.

Can I specialize in a particular area during the Nanyang MBA program?

Yes, the Nanyang MBA program offers five specialization tracks to choose from: Banking & Finance, Strategy & Innovation, Marketing Management, Business Analytics, and Sustainability. These tracks allow you to tailor your education to your career aspirations.

What are the admission requirements for the Nanyang MBA program?

Admission requirements include a bachelor’s degree, at least 2 years work experience, competitive GMAT/GRE scores, and English language proficiency.

Can international students apply to the Nanyang MBA program?

Absolutely. The Nanyang MBA program welcomes students from around the world. The diverse student body contributes to a rich learning environment and global perspectives.

Are scholarships available for the Nanyang MBA program?

Yes, Nanyang Business School offers a range of scholarships for eligible MBA candidates. These scholarships are based on factors such as merit, leadership potential, and diversity.

What industries do Nanyang MBA graduates typically enter?

Nanyang MBA graduates have a diverse range of career opportunities across industries such as Technology, Media & Telecommunications (TMT), Financial Services, Consulting, Healthcare, FMCG & E-Commerce, Manufacturing, and more.

Are there international exchange opportunities as part of the Nanyang MBA program?

Yes, Nanyang MBA students can participate in international exchange programs with partner universities. This provides exposure to different business environments and cultures, enriching the learning experience.

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