Scholarship and Financial Assistance

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

Students may apply for our SMUMWM 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 MWM 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 two standardized tests: SMU Admissions Test or GMAT 

Global Awareness
The SMU MWM 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. 

Leadership
The SMU MWM 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.

Impact on Asia

The SMU MWM 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 MWM 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 mwm@smu.edu.sg.

The SMU MWM is committed to building a pipeline of mid-career financial professionals from private banks. The MWM Talent Development Scholarship is awarded to eligible individuals who are currently working for a private bank or related financial institution with at least 5 years of financial/wealth management experiences.

MWM Tuition fees: $60,000 (before GST)¹ ; $64,800 (after GST)

MWMTD Scholarship quantum: $18,000

IBF-STS Funding (reimbursement upon successful completion of MWM) for Singapore citizens and Singapore PRs: To be advised.

T&C of the Scholarship:  

• Bond free
• All application documents must be submitted to Singapore Management University by the application deadline, and successful candidates must matriculate and start the MWM in the same applied intake.  
• No deferment, withdrawal, leave of absence during the one-year study is allowed.

Candidates are automatically submitted for consideration for MWMTD scholarship upon meeting the scholarship and application criteria. Scholarship is awarded on a highly selective and competitive basis.

^[1] Exclude accommodation, airfare and living expenses during the 2-week overseas study block in Switzerland and USA.  Estimated SGD$5,000 required for these expenses.
^[2] Subject to prevailing conditions and requirements as set by Institute of Banking and Finance.

FEES ILLUSTRATION

Scenario A: Effective Fees with MWMTD Scholarship and Corporate Partners Discount

Scenario B: Effective Fees with MWMTD Scholarship and Alumni or Referral Discount

* 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.
** Graduates from SMU undergraduate or postgraduate programmes are eligible to obtain a 10% discount when applying to the MWM programme.
*** Candidates with a referee report completed by a student/alumni of SMU during application, in accordance with the admissions criteria, are eligible to obtain a 10% discount when applying to the MWM programme.

Alumni Discount

SMU is committed to lifelong learning. Graduates from SMU undergraduate or postgraduate programmes are automatically eligible for an alumni discount when applying to the MWM programme.

To learn more about our programmes, please explore our online resources and attend our upcoming virtual talks and webinars. If you have any questions or uncertainties, feel free to connect with us via email.

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 discount off 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.

Singaporean and PR students may apply to SMU for a student loan of up to $30,000. Repayment will start upon graduation and an administrative fee of 2% applies per annum thereafter.

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.

Established in honour of Singapore's former Prime Minister Mr Lee Kuan Yew, this Scholarship is Admissions - Scholarships synonymous with prestige and a commitment to serve Singapore. It recognises outstanding individuals with strong academic aptitude and the inclination to serve and contribute to the Singapore society at large.

Eligibility criteria:

1. A Singapore citizen with at least a Second Upper Honours Degree or equivalent Degree
2. Excellent track record of leadership and service within or beyond applicant's profession

Scholars have the option to pursue a Master's or PhD Programme at local or overseas universities. There is no restriction on the course of study.

Applicants who wish to pursue a Master's Programme in General Management should preferably have at least 4 years of working experience. Public Officers are required to submit their applications through Chief Executive Officers or Permanent Secretaries.

In addition to the one-off sum of S$10,000, private sector awardees will receive an annual allowance of S$50,000, while public sector awardees will receive S$10,000 if they are concurrently sponsored by their organisations.

For more information and application form/procedures, please click here: Lee Kuan Yew Scholarship.

• A number of corporations have scholarships available for their own staff. Potential candidates from these companies should check with their HR departments.
• A number of 'open' scholarships are available to potential candidates on a competitive basis. Interested candidates must indicate their interest in their application forms. Scholarship decisions will be made after students have been admitted to the programme.
• Scholarships may defray-partial or in full the tuition fee of the candidate.
• Terms and conditions may apply specifically for each scholarship. The sponsoring corporations generally determine these terms and conditions.