Applications to Master of Business Administration (MBA) programmes rose to the highest level in five years in 2024 amid a slowing economy and an uncertain labour market. SMU Academic Director of Executive Masters of Business Programme and Principal Lecturer of Finance Ang Ser Keng said applications for its MBA programme have been “holding steady” over the past five years. Enrolment fees for local universities are costly, and SMU’s January intake students will pay S$76,300 in fees. According to the Financial Times Global MBA Rankings 2024, the weighted salary for SMU graduates three years after graduation is US$125,659, which is a 113 per cent increase in salary. The top five sectors employing SMU MBA graduates are financial services, technology, manufacturing, consulting, and media and advertising.
