Scholarships and Loans

Academic Excellence | Global Awareness | SMU-ASEAN | Leadership* | Women in Business* | Impact on Asia*
* Denotes Scholarships that students can apply for upon admissions into the programme

Students may apply for our SMU MCM Scholarships upon admission into the Programme. These Scholarships entails award amounts up to 30% of the tuition fee, with no bonds attached. 

Academic Excellence

The SMU MCM will offer the Academic Excellence Award to high-quality candidates with exceptional academic performance. Awards are based on academic merit, final grades and admissions test score.

• Tier One: Awardees must have achieved an excellent admissions test score* (equivalent to GMAT score of 700 and above) and have demonstrated outstanding academic achievement.
• Tier Two: Awardees must have achieved an excellent admissions test score* (equivalent to GMAT score of 680 and above) and have demonstrated outstanding academic achievement.

*One of three standardized tests: SMU Admissions Test, GMAT or GRE

Global Awareness

The SMU MCM is committed to crafting a diverse and global academic environment that will contribute to the student’s personal and professional journey. The Global Awareness Award is awarded to individuals who will contribute to the class room diversity and enrich the learning experience of students by way of cultural, personal or professional backgrounds. 

SMU-ASEAN

The SMU-ASEAN Scholarships do not require any applications. Applicants who meet the criteria below will be considered. The award amounts range from S$5,000 to S$10,000 with no bonds attached to the scholarships.

Eligibility criteria:
1.    Successful admission into the SMU Full-time or Part-time MCM Programme
2.    Open to nationals of ASEAN member countries

Leadership

The SMU MCM recognises individuals with strong leadership capabilities who have exhibited outstanding leadership potential in their profession, organisation or community with the Leadership Scholarship. Applicants must demonstrate strong leadership capabilities or potential in personal and professional instances.

The Admissions Scholarship Committee will assess the following:

1) Interview Performance

2) Essay: “Please explain in 500 words why you consider yourself a leader"

3) Leadership quality recognition such as:

• In the workplace: demonstrated career progression, line management progression, professional recognition such as awards, project success and team leadership
• Leadership qualities during student days: e.g. Chairperson of an interest group, class representation, etc.
• Attainment of any non-academic awards and scholarships.

Women in Business

The SMU MCM aims to recognise exceptional women with the “Women in Business” Award, those who have demonstrated outstanding leadership capabilities or potential in their professional or personal endeavours.

Applicants must have successfully received an admissions offer.

The Admissions Scholarship Committee will assess the following:

1) Interview Performance

2) Essay: “Please explain in 500 words why you should be awarded with the Women in Business Scholarship”.

3) Leadership quality recognition such as:

• In the workplace: demonstrated career progression, line management progression, professional recognition such as awards, project success and team leadership.
• Leadership qualities during student days: e.g. Chairperson of an interest group, class representation, etc.
• Attainment of any non-academic awards and scholarships.

Impact on Asia
The SMU MCM is creating a significant impact in Singapore, extending now to Asia. We look forward to welcoming students who can demonstrate achievements in their professional, social and personal life that have created an impact on Asia, such as:

• Professional development or personal projects that have contributed positively to Asian regions or companies.
• Entrepreneurial projects with an Asian focus.
• Increased the awareness of Asia in other locations.

The Admissions Scholarship Committee will assess the following:

1) Interview Performance
2) Essay: “Please explain in 500 words the professional development, entrepreneurial or personal projects of an Asian focus, that have contributed positively to Asian regions or companies or have increased awareness of Asia in other locations."
3) Impact: reach of impact, entrepreneurial projects, awards and helping the increased awareness of Asia will be taken into consideration.

For enquiries, please contact our team at mcm@smu.edu.sg.

The LKCSB Financial Aid Bursary enables suitable MCM candidates to obtain financial support from the Admissions Scholarships Committee to further their business studies with the SMU MCM programme. Candidates will have to provide supporting documents to prove financial need.

Alumni Discount

SMU alumni will be awarded a 10% discount. If you have any questions, feel free to connect with us via email at mcm@smu.edu.sg.

Referral Discount

Candidates with a referee report completed by a student/alumni of SMU during application, in accordance with the admissions criteria, are automatically eligible to obtain a 10% discount of the total tuition fee. Any discounts qualified, will be required to be finalised before matriculation.

If 2 or more company-sponsored (fully / partially) candidates from the same organisation are enrolling into the same intake, each will enjoy a 20% discount.

If a company which has previously sponsored (fully / partially) an employee, and the same company is sponsoring (fully / partially) another employee into the programme at a subsequent intake, that employee will enjoy a 15% discount of the total tuition fee. Any discounts qualified, will be required to be finalised before matriculation.

This study assistance loan carries an interest rate of 4.60% p.a. For more information please call 6333 0033.

The application must be with a joint applicant who is a Singaporean or Singapore PR.

For enquiry, please contact:

Cheong Yu Shan / Sandy Chenxu,
Direct Sales Management, Community Financial Services
DID: (65) 9691 5134 / 9221 5148
Email: yscheong@maybank.com.sg / wpchenxu@maybank.com.sg

For more information please call 1 800 363 3333.

SBI provides student loans exclusively for students from India who have secured admission in selected educational institutions for higher studies in Singapore. Your loan is secured against a Standby Letter of Credit (SBLC) issued by SBI branch in India, backed by mortgage of property or cash deposits in India.

Please address all your queries on this matter directly to

studentloan@sbising.com.​​​​​​​