Financing Options

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Programme Fees

MSc in Quantitative Finance

Application Fees
S$100

Registration Fees
S$400 (Locals/PRs)
S$500 (International Students)

Tuition Fees
​​​​​​​
S$50,760 (inclusive of GST at current rates)

Goods and Services Tax (GST) is a tax collected on behalf of Singapore Government and will be charged at the prevailing rate.

*All fees are non-refundable​​​​​​​. Tuition fees are paid over 4 separate billings. 

Application Date

Application deadline:

15 June 2023

*Admissions are awarded on a rolling basis

Scholarships, Financial Aid & Discounts

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

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

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

  • Tier One: Awardees must have achieved a GMAT of 720 or above.
  • Tier Two: Awardees must have achieved a GMAT of 700 or above.

Global Awareness
SMU MQF Programme is committed to crafting a very diverse and global academic environment that will contribute to the student’s personal and professional journey.

The Global Awareness Award is given 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.  

Leadership Potential

The SMU MQF Programme recognises individuals with strong leadership potential who have exhibited outstanding leadership potential during their studies, community or organization with a Leadership Potential Award. Applicants must demonstrate strong leadership 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.

Community Impact

The SMU MQF Programme nurtures keen minds profoundedly committed to leave a positive impact on their community. The "Community Impact Award" recognizes individuals who have contributed to society through outstanding community work (e.g. voluntarism, social, non-paid work, etc.) and have impacted through their actions members of their community/society in a positive manner. . 

The Admissions Scholarship Committee will assess the following:

1) Interview Performance

2) Essay: “Please share an example of how you have impacted your greater community and what you think is the best way to serve society"

3) Impact of Community Work: Frequency and Reach. Awards and Recognitions or notable achievements will be considered.

Impact on Asia

The SMU MQF 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.


Women in Business

The SMU MQF 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.

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

The LKCSB Financial Aid Bursary enables suitable MQF candidates to obtain financial support from the Admissions Scholarships Committee to further their business studies with the SMU MQF programme.

Candidates will have to provide supporting documents to prove financial need.

MAS administers the Finance Scholarship Programme, which seeks to develop a pipeline of specialist leaders in targeted fields such as quantitative finance, risk management, actuarial science and applied finance. It comprises two tracks, the company and individual tracks where MAS co-funds with Singapore-based financial institutions or outstanding individuals to enable Singaporeans to pursue the best specialist postgraduate education at a world-renowned university. Upon graduation, scholars will play a pivotal role as an expert in their chosen area of specialization in a Singapore-based financial institution. Becoming leaders in the industry, they will contribute to the growth of Singapore’s financial sector.

To find out more regarding the Finance Scholarship Programme, please refer here.

This loan carries a low interest rate of 3.02% p.a. For more information, please call 6333 7777.

For enquiry, please contact:

Yvonne Tan
Contact details: 9646 8808 / (65) 6661 2157
Email:Yvonnesg.tan@cimb.com

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 +65 6595 9723.

For enquiry, please contact:

Jessica Tay, Senior Personal Relationship Banker, Retail Banking
Mobile: +65 9857 9631
Email: jessica.tay@rhbgroup.com


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.

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Speak to our Admissions Advisors

Lee Kong Chian School of Business
Postgraduate Admissions

Singapore Management University
Lee Kong Chian School of Business
Graduate Programmes Office, Level 4
50 Stamford Road, Singapore 178899

Tel: +65 6828 0882

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SMU LKCSB Coffee Sessions (Kuala Lumpur, Malaysia)
Level L (Lobby)
The Botanist Lounge & Bar
PARKROYAL COLLECTION Kuala Lumpur, Malaysia
Jalan Sultan Ismail, Bukit Bintang 50250 Kuala Lumpur, Malaysia
SMU LKCSB Coffee Sessions (Jakarta, Indonesia)
JimBARan Lounge, Ayana Midplaza Jakarta
Jl. Jenderal Sudirman No.Kav 10-11, RT.10/RW.11, Karet Tengsin, Kecamatan Tanah Abang,
Kota Jakarta Pusat, Daerah Khusus Ibukota Jakarta Indonesia 10220
SMU LKCSB Coffee Sessions (London, United Kingdom)
Audrey Green – Café (Street Level, the Weston Wing)
7 St. Martin's Pl, London, WC2N 4JH, United Kingdom