NUS MSc Finance Fees & Funding: Complete Cost Guide
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Overview
The Master of Science in Finance (MSc Finance) at the National University of Singapore (NUS) is a globally respected postgraduate programme designed for candidates aiming to build high-impact careers in finance, banking, asset management, fintech, and consulting. Delivered by NUS Business School, the programme benefits from Singapore’s position as one of the world’s leading financial centres.
Given the programme’s premium positioning, applicants must clearly understand the total financial commitment, including tuition fees, payment structure, scholarships, and cost of living. This guide provides a complete and transparent breakdown of all costs related to the NUS MSc Finance programme. This guide covers NUS MSc Finance Fees.
NUS MSc Finance Fees
The NUS MSc Finance programme follows a structured fee model with instalment-based payments.
Programme Tuition Fees
Tuition fee (before GST): S$69,000
Tuition fee (inclusive of 9% GST): S$75,210
The tuition fee applies to the full MSc Finance programme and is payable across the academic year.
Fee Payment Structure
The total tuition fee is paid in multiple stages:
Application fee: S$100 (non-refundable, payable at application submission)
Acceptance fee: S$10,900 (payable upon accepting the offer)
First tuition instalment: S$32,155 (payable at programme commencement in August)
Second tuition instalment: S$32,155 (payable in January)
In addition, miscellaneous student fees are charged each semester and cover student services, facilities, and administrative costs.
Tuition Fee Rebates
NUS offers tuition fee rebates for eligible candidates, which significantly reduce the overall cost.
40% tuition fee rebate for self-funded Singapore Citizens and Permanent Residents
20% tuition fee rebate for NUS alumni enrolling in NUS Business School MSc programmes
These rebates are applied automatically where eligibility criteria are met.
Scholarships and Study Awards
NUS Business School Study Awards
NUS offers limited study awards and scholarships to outstanding MSc Finance applicants. These awards provide partial or substantial tuition fee support and are awarded based on merit.
No separate scholarship application is required
All applicants are automatically considered if they submit their application before the scholarship consideration deadline
Awards are competitive and granted to candidates with strong academic and professional profiles
Scholarship availability is limited, and early application improves the likelihood of receiving funding.
External Financial Support
In addition to NUS study awards, students may explore:
University-wide NUS graduate scholarships
Government-sponsored or private education loans
Employer sponsorship or personal funding arrangements
These funding sources may be used to cover tuition fees, living expenses, or both.
Cost of Living in Singapore
Living expenses are not included in the tuition fee and must be planned separately. Singapore is a premium global city, and careful budgeting is essential.
Estimated Living Expenses
Students should budget at least S$19,500 per year to cover:
Accommodation (on-campus or private housing)
Food and daily expenses
Local transportation
Utilities, internet, and personal expenses
Actual costs vary depending on lifestyle and housing choices.
Additional Expenses to Consider
Applicants should also account for:
Student pass and immigration-related costs
Health insurance and medical expenses
Books, software, and study materials
Laptop or technical equipment upgrades, if required
Financial Planning Summary
To manage the total cost of the NUS MSc Finance effectively:
Plan tuition payments across acceptance and instalment stages
Apply early to maximize eligibility for study awards
Budget conservatively for living costs in Singapore
Explore alumni rebates and external funding options
Final Thoughts
The NUS MSc Finance represents a significant investment, reflecting its academic quality, global recognition, and strong career outcomes. With a total tuition fee of S$75,210 (inclusive of GST), structured payment schedules, tuition rebates, and competitive study awards, the programme offers transparent and flexible financial planning options.
For candidates seeking world-class finance education in Asia’s leading financial hub, the NUS MSc Finance delivers long-term value through academic excellence, strong employer reputation, and global career opportunities.
