The big US institutions like Harvard and Stanford have long dominated the business school market—but there is a force rising across the Pacific.
While US schools have seen a decline of applications, falling by 6.6% overall in 2018, Asian schools over the past few years have seen a considerable rise in MBA applicants, according to the GMAC Applicant Trends Survey—an 8.8% increase from 2017 to 2018 alone.
This rises significantly to 15.4% increase when you look just at international students applying to Asian schools—more specifically those in China and Southeast Asia—while the US has seen a 10% drop in international applications.
So why this shift? What is Asia offering students that you won’t find elsewhere?
While the political and economic climate in the US is becoming more unstable, the economy in Asia is growing and strengthening, making it a much more attractive place to work and study.
China alone accounted for 35.2% of global growth between 2017 and 2019, far more than even the US and Europe combined, at 17.9% and 9.5% respectively.
This is particularly true of the Asia Pacific economy, which is predicted to increase to 36% of global gross domestic product (GDP) by 2030, up from 31% in 2015.
As such, job opportunities are considerably more lucrative for MBA students in Asia. Many businesses are beginning to eye up opportunities to set up their headquarters in Asia as a way of penetrating the market there.
Singapore is home to around 4200 company regional headquarters—from LinkedIn and Twitter to GlaxoSmithKline—compared to just 1389 in Hong Kong and 470 in Shanghai, according to Cushman & Wakefield.
Singapore is well-positioned at the crossroads of Asia, connecting the major regional powerhouses of China, India, and Southeast Asia. Singapore has a distinct appeal for those eyeing up international business; that English is the most commonly-spoken language there is significant.
NUS MBA students enjoy a 131% salary increase, higher than top US and European competitors like Wharton (114%), MIT Sloan (107%), and London Business School (102%), according to the 2019 Financial Times Global MBA rankings.
That multinational businesses are growing in Asian countries like Singapore is only strengthening the appeal for international students to study there—88% of NUS MBA students are international.
“If you go to any other market, you are diving into a large domestic market, meaning that the MBA programs will have a strong domestic focus,” notes Professor Jochen Wirtz, vice dean of graduate studies at NUS.
Tech is fast becoming one of the biggest employers for MBA graduates, and where is tech more exciting than in Asia.
“Outside of Silicon Valley, nowhere is as exciting and dynamic overall as what you are seeing in Asia,” Jochen says.
Asia alone accounts for 55% of internet users globally, and is expected to contribute largely to the next billion users expected to come online by 2021. Factors such as high GDP growth and a growing middle class are all contributing conditions for the rapid tech growth that Asia is seeing.
Southeast Asia is already home to eight unicorn startups, two of which are based in Singapore— Grab, a ride-hailing and food delivery app, and Garena, a digital entertainment platform.
At NUS, new specializations on the MBA program are factoring in innovations which are taking place in the business world, including courses on data analytics and digital business.
MBA students are being brought up-to-date with on-going developments in those industries. Accounting, for example, looks not just at the human skills but also the digitalization and automation of a lot of the tasks in the industry.
“Business education is being disrupted, and there really has to be true value added to the face-to-face program,” Jochen explains.
Just 20 years ago, there were no Asian schools in the Financial Times Global MBA Top 50. There are now 15 schools in the Top 100, and four schools cracking the top 20—Chinese schools CEIBS and HKUST, as well as INSEAD’s Singapore campus, and the National University of Singapore at number 17.
This means well for both domestic and international students. According to the GMAC Prospective Students Survey 2019, 15% of students in East and Southeast Asia indicated a preference to study internationally.
The top two reasons for this preference were the reputation of the educational system abroad, and the improved chance of an international career.
Now that Asian b-schools are on a par, or even ahead, of European and US schools, and can provide first-hand access to a booming international tech market, it’s no wonder applications are on the rise.
National University of Singapore - NUS Business School
Emma
Verified
10/12/2022
Blended
marvellous
I have studied at the top university in the world and it was no doubt an overwhelming experience for me. I have gained skills as well as knowledge and it was the aim of this institute to give the insight of the skills besides theoretical learning.
Inayat
Verified
27/11/2022
On Campus
My journey at University of Singapore
1. In my opinion, the library (actually the library) was a great resource and facilitated a great learning environment.
2nd The professors and tutors were knowledgeable in their respective fields and were happy to help and involve students who visited them outside of class.
3. The students themselves were involved in each program in very different ways. You can meet everyone from lazy people to studious people. In my experience, students were motivated by grades and sheer intellect.
4. A myriad of extracurricular activities and facilities were available at a very low cost.
5. Academic performance is rated very high. when I applied to college
S., my NUS transcripts had to be standardized in order for them to assign me a US GPA. During this conversion all C's were converted to As
Student
Verified
20/11/2022
On Campus
Prestigious university - learning is in your hands
Pros:
- Great branding (one of the top universities in Southeast Asia)
- Relatively easy coursework (As a business major, I spend about a third of my week studying and the rest working)
- Qualify under the High Potential Individual visa that UK is handing out (all NUS students can apply to get a visa to work/ live in the UK for 2 years). I don’t expect NUS to be removed from this list any time soon given it’s reputation.
Cons:
- Lack flexibility in coursework (committing upfront on the major you are taking from matriculation
Student
Verified
17/06/2019
Great opportunities,
Perhaps the best part of NUS is the vast amount of opportunities it affords it's students. It's almost as if every week there's a new career fair, industrial visit, hackathon, or any other competition or event for it's students to join. NUS also offers multiple exchange programs ranging from 3 to 12 months (see the NOC programme) to grant it's students a more international outlook upon their graduation.
There is a general atmosphere here that employability isn't an issue once we graduate.
It's just unfortunate that it seems most students don't utilize these opportunities the best they can, but this attitude is simply a by-product of the results-oriented education system in Singapore that can be chalked up to the lack of diversity in the student body beyond Singaporeans.
Perhaps bringing in more international students will help skew the results-focused nature of academics at NUS to a focus on more holistic education and development - what I personally believe a university education is really worth.
However, with the right mindset and attitude, I believe NUS can truly offer a world class education, provided you're willing to put in the extra effort.
Student
Verified
5/10/2017
A dynamic and inter-disciplinary experience, that nurtured a love for learning
Coming from the Faculty of Arts and Social Sciences, what I greatly enjoyed was the sheer breadth of courses available within the faculty and encouragement to take courses outside our faculty as well. Courses were always engaging, and professors and lecturers often gave students the freedom to pick topics for their final term papers or presentation and exercise creativity - for example, my interest in Art History meant that I could often delve deeper into this interest in my main academic leanings of Political Science and History. Professors and lecturers made themselves readily available to the students, and were approachable. During my time in NUS, there was a noticeable effort to invest in the students' global experiences (Exchange Programmes, Summer School, NUS Overseas College) - I truly believe that NUS was sincere in allowing as many students to have overseas experiences in spite of financial capabilities, and if one made the effort, the Centre for Future Ready Graduates was useful and invested in the potential careers of students too. When a friend from another local university did a local exchange to NUS, he remarked that NUS students truly loved to learn. I was content being surrounded by people who pursued their Arts/Social Sciences disciplines with a love for the content. It is also dynamic to be in a university that simply has so many different disciplines and faculties - one is just surrounded by people of varying interests and experiences, and forces them to look beyond their majors.
Of course, NUS is commonly known for being too theoretical and content-focused. This is up to the students' prerogatives on how they want to exact their education and mould it for their lives, but generally NUS feels comfortable and safe within the academic realm - there is no push towards internships or whatnot that other universities might focus on. This could be a con.
Another thing I did not like about NUS in recent times was the blatant grade inflation - that juniors from the 2014/5 batch could have liberties to S/U a lot more modules than their seniors could in some bid to take the focus away from grades, and towards learning and experimenting.
Nevertheless, I greatly cherished my time in NUS and would highly recommend it.
Student
Verified
31/05/2019
Transportation
There is an issue of overcrowding during peak hours such as before morning class and lunch time. This results in uncomfortable travelling experience for many students, it also becomes dangerous when the drivers make steep turns and brakes suddenly.
Heda
Verified
5/02/2024
On Campus
never ending accademic excellence
Considering various aspects of my university experience, here is my review as a student at National university of Singapore. NUS is highly ranked globally and has a strong reputation for academic excellence across a wide range of disciplines. The school attracts a diverse student body and offers an international perspective through its academic programs and exchange partnerships with other universities. NUS boasts modern facilities, including libraries, laboratories, and recreational spaces. Accommodation is spacious. However, due to its high reputation, admission to NUS can be highly competitive, making it challenging for some students to gain entry. Singapore is known for its high cost of living, and this may pose a challenge for students on a tight budget, especially those coming from lower-income backgrounds. International students may face a period of adjustment to a new cultural and social environment when studying at NUS.
Tian
Verified
5/02/2024
On Campus
rigorous yet a nurturing academic environment
As a student at the National University of Singapore NUS, I have found it to be a vibrant and diverse institution with a top-notch faculty. The faculty are not only knowledgeable but also approachable and supportive of students' academic pursuits. For me the University is rigorous yet a nurturing academic environment. The student life is rich with clubs and activities, and the accommodation options are comfortable and safe. While tuition fees may vary, there are numerous financial aid and scholarship opportunities available. Overall, NUS offers a well-rounded university experience with modern facilities and a strong emphasis on global engagement. Overall, my experience at NUS has been enriching, and I highly recommend it to anyone seeking a world-class education in a dynamic and inclusive environment.
Gong
Verified
19/02/2024
On Campus
high cost of living
The cost of living at the National University of Singapore (NUS) is quite high for Chinese citizens, especially when compared to living expenses in China. Accommodation, food, and transportation expenses are significant, with rent for a room in on-campus housing ranging from S$400 to S$1000 per month. While there are affordable food options on campus, dining out can be expensive. However, the quality of education at NUS is excellent, with top-notch faculty and resources available to students. The university ranks among the best in Asia and offers a wide range of programs, ensuring a high standard of education. As for student life, NUS has a vibrant campus with numerous clubs, societies, and events to cater to various interests. Chinese students can find a sense of community through cultural groups, while also engaging in activities with local and international students. Overall, despite the high cost of living, NUS provides a diverse and enriching educational experience for Chinese students.
Joel
Verified
19/02/2024
On Campus
dedicated staff
I am a local student studying at the National University of Singapore, I can confidently say that this institution truly lives up to its reputation as one of the best universities in the world. What I appreciate the most about NUS is the quality of education that is offered here. The professors are dedicated to helping students succeed. The curriculum is rigorous and challenging, but it is also very rewarding as it equips us with the knowledge and skills. I really lik the campus itself. It is well-maintained and equipped with state-of-the-art facilities. The campus is also vibrant and bustling with various activities and events. Furthermore, NUS has a strong emphasis on research and innovation, which is evident in the many groundbreaking research projects that are being conducted here. As a student, I feel proud to be part of an institution that is at the forefront of pushing boundaries and making significant contributions to various fields of study.
Shao
Verified
21/02/2024
On Campus
dynamic student population
The diverse and dynamic student population at the National University of Singapore greatly enriches the overall academic experience for me. Interacting with peers from different cultural backgrounds and perspectives broadens my understanding of the world and fosters a truly global mindset. The diverse student body also creates a vibrant campus environment, with a plethora of cultural events, clubs, and activities that cater to a wide range of interests. This diversity not only enhances the social aspect of student life but also promotes collaboration and innovation in academic pursuits. The varied perspectives and experiences of my classmates challenge me to think critically and approach problems from different angles, ultimately contributing to a more holistic and well-rounded education.
Zhang
Verified
21/02/2024
On Campus
numerous opportunities
Studying at the National University of Singapore has been a mind-blowing experience. The rigorous curriculum challenges me to think critically and expand my intellectual horizons. The professors are world-renowned experts in their fields, providing unparalleled guidance and mentorship. The campus is vibrant and conducive to learning, fostering a sense of community among students. The numerous opportunities for research and extracurricular activities have enriched my academic journey. Overall, my time at NUS has been both challenging and rewarding, preparing me for a successful future. I recommend the university to other students
Lee
Verified
23/02/2024
On Campus
expert faculty
I can confidently say that I am proud to be part of such a prestigious institution. NUS offers world-class education with top-notch facilities and resources. The professors are experts in their field and are dedicated to helping us succeed. The campus is beautiful and conducive to learning, with a vibrant student life that offers numerous clubs and activities to get involved in. However, there are some drawbacks to attending NUS. The workload can be overwhelming at times, with heavy course loads and demanding assignments. Additionally, the competitive nature of some programs can create a stressful environment for students. The bureaucracy and red tape can also be frustrating, making it difficult to navigate certain administrative processes. I recommend NUS because it is a fantastic university that provides a high-quality education.
Shreya
Verified
4/03/2024
On Campus
Affordablility and quality
I have discovered the university to be relatively affordable compared to other top institutions around the world. The application process was not hectic, and there are scholarship opportunities available for students in need of financial assistance. Enrolling at the university was an easy process, with helpful staff guiding me through each step. The tuition fees are worth the quality of education provided. The university offers world-class facilities, renowned professors, and a diverse range of courses that prepare students for success in their chosen fields.
Isaac
Verified
4/03/2024
On Campus
enthusiastic school spirit
I am confident in the career success opportunities that the university provides. NUS has a strong network of alumni and industry connections, making it easier for students to secure internships and job placements. The tuition costs at NUS are reasonable compared to other top universities, and there are various scholarships available for both local and international students based on merit and financial need. School spirit at NUS is strong and enthusiastic, with numerous student organizations and clubs to join. The campus is always buzzing with events, workshops, and activities that foster a sense of community and belonging. As a student, I have had the opportunity to gain valuable work experience through internships and research projects, which have enriched my academic learning and prepared me for the workforce.
Maria Vazquez
Verified
4/03/2024
On Campus
global recognition
the examination style at NUS emphasizes critical thinking and application of knowledge rather than rote memorization. The university's rigorous assessment methods challenge students to demonstrate their understanding and analytical skills, preparing them for real-world scenarios. NUS is globally recognized and accredited, ranking as one of the top universities in the world. This accreditation ensures that the degrees and programs offered by NUS are of high quality and recognized internationally, providing students with a competitive edge in their future careers. The university offers a wide range of programs across various disciplines. These programs are taught by renowned faculty members. Accommodation options at NUS are comfortable and convenient, with on-campus residences and off-campus housing options available for students. The university also provides a reliable and efficient transport system, making it easy for students to commute to and from campus.
Tei
Verified
4/03/2024
On Campus
campus look and feel
As a student at the National University of Singapore, the academics here are top-notch. The professors are highly knowledgeable and dedicated, and the coursework is challenging yet rewarding. The campus is located in the vibrant Kent Ridge area, surrounded by lush greenery and stunning architecture. The food options on campus are diverse and delicious, ranging from traditional hawker fare to international cuisines. There are also plenty of cafes and eateries off campus, so you'll never run out of dining choices. In terms of getting around, NUS has a well-connected shuttle bus service that makes it easy to travel between different parts of the campus. Additionally, there are plenty of public transportation options nearby, including buses and the MRT.
Xu
Verified
4/03/2024
On Campus
students taking control
I am impressed by the numerous student leadership roles available on campus. From student clubs and organizations to residential hall councils, there are ample opportunities for students to take on leadership positions and contribute to the university community. Moreover, the university encourages peer-to-peer support through programs like peer tutoring, study groups, and mentorship initiatives. The quality of education at NUS is exceptional, with knowledgeable faculty members, innovative teaching methods, and cutting-edge research opportunities. The university's rigorous academic standards challenge students to excel and think critically, preparing them for success in their fields. Lastly, student life at NUS is vibrant and diverse. From cultural festivals and sports events to academic conferences and community service projects, there is never a dull moment on campus.
Tong
Verified
4/03/2024
On Campus
different support services
National University of Singapore offers a wide range of support services to help students succeed in their studies. Firstly, there is academic support in the form of study skills workshops, tutorial classes, and academic advisors who provide guidance on course selection and career planning. The university also has a well-equipped library with academic resources and study spaces. In terms of personal support, the university has counseling services and support groups for students facing mental health issues or personal challenges. There are also campus health services and a student wellness center that promote physical and mental well-being. Additionally, the university offers financial aid and scholarships to students in need, as well as career services to help students secure internships and job opportunities. The university also organizes networking events, industry talks, and career fairs to connect students with potential employers.
Goettle
Verified
2/04/2024
On Campus
Exchange students
As an exchange student at the National University of Singapore (NUS), I have had an incredible experience studying at this prestigious institution. The university offers a wide range of courses taught by world-renowned faculty members. The campus is modern and vibrant, with excellent facilities and resources available to students. NUS also provides numerous opportunities for cultural immersion and exploration through student organizations, events, and international exchange programs. They have Diverse and high-quality academic programs, World-class faculty members. However
Large class sizes in some courses, Competitive academic environment, Cost of living in Singapore can be high and Limited interaction with local Singaporean students outside of classes can be a burden.
Savani
Verified
24/09/2024
On Campus
student exchange program
As a student at NUS, I can confidently say that the student exchange program here is one of the ultimate highlights of my academic journey. The opportunity to study abroad and experience different cultures is invaluable. NUS has partnerships with numerous prestigious institutions worldwide, allowing students to choose from a diverse range of countries. The application process is straightforward, and the support from the international office is exceptional. During my exchange in Europe, I made lasting friendships and gained new perspectives on my field of study. The experience not only enriched my academic knowledge but also helped me develop personally. If you have the chance to participate in an exchange program, I highly recommend it. It’s an experience that truly broadens horizons and enhances your education in ways that classroom learning alone cannot achieve.
Yuyan
Verified
17/09/2024
On Campus
Large campus and its facilities
Singapore National University (NUS) is a sprawling campus that never ceases to impress. The sheer size of the university allows for a variety of top-notch facilities. The gyms are well-equipped, catering to both casual exercisers and serious athletes. The swimming pool is an oasis for relaxation and fitness, with clean and modern amenities. Transport around the campus is exceptionally convenient with a reliable shuttle service, bike rentals, and proximity to public transit options. Navigating the large campus is manageable due to clear signage and helpful maps. the extensive facilities greatly enhance the student experience, making NUS not just a place of learning but a community that supports a balanced and active lifestyle.
Chew
Verified
17/09/2024
On Campus
Academic experience
The academic experience at NUS is outstanding. Classrooms are designed with a focus on functionality and comfort, equipped with modern technology that supports interactive learning. Class hours are structured to maximize learning while allowing flexibility, and the schedule accommodates various extracurricular activities. The faculty is highly knowledgeable and approachable, fostering a stimulating academic environment. Professors are not only experts in their fields but also dedicated mentors who are genuinely invested in student success. The academic rigor combined with the supportive teaching staff makes NUS an ideal place for intellectual growth and academic achievement.
Wang
Verified
16/09/2024
On Campus
intellectual growth
I’m a second-year Arts and Social Sciences student at NUS, and the university has been an eye-opening experience. The diversity of the student body enriches classroom discussions and provides different perspectives. I’ve particularly enjoyed the interdisciplinary approach to learning, which allows me to explore various subjects beyond my major. The campus offers beautiful green spaces, perfect for relaxing between classes. However, the frequent group assignments can sometimes feel like they add pressure, especially during peak periods. On the social side, there are plenty of events and cultural festivals that make campus life vibrant. NUS is an excellent place for intellectual growth and cultural exchange.
Erin
Verified
2/09/2024
On Campus
Employment on campus
Life at NUS is vibrant and full of opportunities, though it comes with some challenges. Employment on campus is limited, which can be a drawback for those seeking part-time work. On the upside, leisure activities are plentiful, with various clubs and events enhancing student life. The campus transportation system is efficient, with frequent shuttle buses and well-maintained bike paths. Canteens offer a wide variety of food options, though they can get crowded during peak hours. while there are some areas for improvement, the campus environment is generally conducive.
Lim
Verified
30/10/2024
On Campus
exchange programs with top universities
The National University of Singapore has been an ideal choice for me. Academics are intense, but the faculty here ensures a world-class education, blending theory with real-world applications. The campus is gorgeous and green, offering plenty of spots for study breaks or catching up with friends. Scholarships are competitive but accessible, with financial aid options that make it feasible for international students to study here. Student housing is comfortable, though it can be a bit pricey. NUS’s prime location gives us access to Singapore’s vibrant nightlife and multicultural events, perfect for unwinding. The university also has robust exchange programs with top universities worldwide, adding to the global experience. With its impressive alumni network and career support, NUS is an excellent investment in one’s future.