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Fees

FEES

The current fees for the programme are:

Fees Amount Comments
Application S$100 (inclusive of GST) Non-refundable.
Registration Singapore Citizens & Permanent Residents S$400 (inclusive of GST)

Foreigners S$500 (inclusive of GST)		 Non-refundable.

The fees include matriculation, orientation activities, library/computer account, insurance and other miscellaneous fees.
Tuition* S$51,360 (inclusive of GST) The total tuition fees for the MITB programme shall be S$51,360 (inclusive of GST) which shall be paid by a student as per the payment schedule below. A non-refundable deposit of S$5,350 (the “Deposit”) shall be paid upon acceptance of an offer made by SMU.

Note: Prevailing GST will apply. Tuition fees (before GST) are locked in once the student enters the programme. The Singapore Management University reserves the right to alter tuition fees for new incoming cohorts when required.



ADMIN FEES

Students who continue their study beyond the normal duration will be charged an admin fee as follows:

Mode Normal Duration Admin Fee Chargeable From Amount
Residential Full time 1 yr (3 terms) 5th term onwards S$2,675 per term
(inclusive of GST)
Residential Part time 2 yr (6 terms) 9th term onwards S$2,675 per term
(inclusive of GST)

  • Note: Prevailing GST will apply.
  • “term” refers to 12-week


PAYMENT SCHEDULE

The total tuition fees for the MITB programme shall be S$51,360 (inclusive of GST) which shall be paid by a student in the following manner:

A non-refundable deposit of S$5,350 (the “Deposit”), which shall be paid upon acceptance of an offer made by SMU. Please refer to the payment schedule below for more details.

For the avoidance of doubt, the Deposit shall form part of the total tuition fees for the MITB programme, however, SMU will not refund the Deposit should a student withdraw from the MITB programme at any time after accepting the offer.

Note: Prevailing GST will apply. Tuition fees (before GST) are locked in once the student enters the programme. The Singapore Management University reserves the right to alter tuition fees for new incoming cohorts when required.

  • Full-time (1 Year)
    Installment Payable in Amount
    1st installment (deposit)
    Non-refundable    		 Within 2 weeks upon full admission offer S$5,350
    (inclusive of GST)
    1st installment (balance) Day 1 of first term S$20,330
    (inclusive of GST)
    2nd installment 4 months after 1st installment S$15,408
    (inclusive of GST)
    3rd installment 4 months after 2nd installment S$10,272
    (inclusive of GST)
      Total S$51,360
    (inclusive of GST)

 

  • Part-time (2 Years)
    Installment Payable in Amount
    1st installment (deposit)
    Non-refundable    		 Within 2 weeks upon full admission offer S$5,350
    (inclusive of GST)
    1st installment (balance) Day 1 of first term S$20,330
    (inclusive of GST)
    2nd installment 8 months after 1st installment S$15,408
    (inclusive of GST)
    3rd installment 8 months after 2nd installment S$10,272
    (inclusive of GST)
      Total S$51,360
    (inclusive of GST)

Last updated on 08 Nov 2021 .