• 18- MONTH DURATION (FULL-TIME)
      24- MONTH DURATION (PART-TIME)

    • S$59,950

      Tuition Fee (Inclusive of GST)

      Goods and Services Tax (GST) is a tax collected on behalf of the Singapore Government and will be charged at the prevailing rate

    • Application Closes

      Local and International Option: May (for August intake)

    • Pre-requisites

      Bachelor's Degree (in any field with some level of mathematical rigour)
      GMAT / GRE / SMU Admissions Test
      Local Option: TOEFL/IETLS (if the medium of your undergraduate studies was not in English)
      International Option: IELTS (score of 7.0 overall with 6.5 in Writing)  

    • Working experience

      Fresh graduates are welcome to apply

About the Master of Science In Quantitative Finance (MQF)

The MQF curriculum is tailored to meet the needs of the financial industry in three key areas: pricing and hedging, risk analytics and management, and quantitative trading and investment.

Why pursue the MQF?

  • 1

    Double up on a global outlook

    Uncover opportunities and gain the best of both worlds with a postgraduate degree from both SMU in Singapore and the Bayes Business School in London via the international option.

  • 2

    Where theory meets practice

    Learn to trade real-time with live data and master trading algorithms and microstructure under the guidance of knowledgeable faculty with current and extensive quant trading experience.

  • 3

    Increase your career prospects

    Deepen your expertise with the opportunity to specialise in Algorithmic Trading, Financial Data Science Quantitative Trading or Risk Analytics.

  • 4

    Compete on a global scale

    Gain an edge with an enhanced global outlook on risk management, proprietary trading and quantitative finance.

Class Profile

  • Gender

    13 : 7

  • Average Age

    26

  • International Students

    73%

  • Nationalities

    8

  • Average Years of Work Experience

    2.3

Student profiles taken from Classes of 2018-2021 (Full-time & Part-time).

Industries that MQF Graduates Work In

  • Audit / Accounting

    4%

  • Commodities

    5%

  • Consulting

    8%

  • Financial Services

    55%

  • Technology

    19%

Industry diversity data collated from graduating students from 2020 and 2021.
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Programme Calendar

The programme duration for both the SMU MQF Local track and International track is 12 months + internship. The Local track is also available in a part-time mode of study at 24 months. The same core modules and programme fees apply for both tracks.

LOCAL TRACK

  • You will take all courses at SMU (Singapore) and obtain an SMU MQF Degree.
  • This is the preferred path for those already working in Singapore or who are unable to spend four months in London on the international track. On top of being Association to Advance Collegiate Schools of Business (AACSB) and European Quality Improvement System (EQUIS) accredited, the Lee Kong Chian School of Business is also highly ranked for its research productivity, teaching effectiveness, graduate employability and international reputation.

INTERNATIONAL TRACK

  • You will take your Term 1 and Term 3 Courses at SMU (Singapore), and Term 2 Courses at Bayes Business School (London, UK), and graduate with a Joint MQF degree from both institutions.

 

Local
Option

12 Months + Internship

TERM 1

TERM 2

TERM 3

TERM 4

4 Core Modules

5 Core Modules 

4 Elective Modules

1 Open Module

International
Option

12 Months + Internship

TERM 1

TERM 2

TERM 3

TERM 4

5 Core Modules

4 Core Modules (Bayes)

4 Elective Modules

1 Open Module

*The Open Module refers to an Internship OR MQF elective OR other modules offered by other Schools.

 

Local
Option

12 Months + Internship

TERM 1

TERM 2

TERM 3

TERM 4

4 Core Modules

5 Core Modules

4 Elective Modules

1 Open Module*

 

Interna-
tional
Option

12 Months + Internship

TERM 1

TERM 2

TERM 3

TERM 4

5 Core Modules

4 Core Modules (Bayes)

4 Elective Modules

1 Open Module*

*The Open Module refers to an Internship OR MQF elective OR other modules offered by other Schools.

Programme Information

The SMU MSc in Quantitative Finance is designed to equip you with both an in-depth knowledge of quantitative finance and a business-oriented, entrepreneurial mindset. As such, the curriculum will bridge both theory and practice, helping you build expertise and skillsets that you can immediately apply to solving real-world problems.

The curriculum consists of nine core modules and four elective modules. You may choose to specialise in one of the following elective tracks: Financial Data Science, Algorithmic Trading and Risk Analytics.

9 Core Modules

9 Core
Modules

  • Asset Pricing
  • Derivatives
  • Econometrics of Financial Market
  • Fixed Income Securities
  • Numerical Methods
  • Programming and Computational Finance
  • Quantitative Analysis of Financial Markets
  • Risk Analysis
  • Stochastic Modelling in Finance

9 Core
Modules

  • Asset Pricing
  • Derivatives
  • Econometrics of Financial Market
  • Fixed Income Securities
  • Numerical Methods
  • Programming and Computational Finance
  • Quantitative Analysis of Financial Markets
  • Risk Analysis
  • Stotchastic Modelling in Finance

4 Elective Modules

Students can opt to do any 4 elective modules from the list below or choose to specialise in a track by completing 4 elective modules offered in the same track.

FIELD-SPECIFIC ELECTIVE MODULES

Modules offered
in the Algorithmic
Trading Track

Modules offered
in the Financial Data
Science Track

Modules offered
in the Risk Analytics Track

C++ for Financial Engineering

Portfolio Management

Market Microstructure & Algorithmic Trading

Quantitative Trading Strategies

C++ for Financial Engineering

Machine Learning & Financial Application

Financial Data Science

Quantitative Trading Strategies

Credit Risk Model

Financial Data Science

Machine Learning & Financial Application

Market Microstructure & Algorithmic Trading

Modules offered are subject to change.

ASSET PRICING
This course introduces you to the basic concepts used for pricing and analysing financial securities centred on spot markets. The efficiency of financial markets is discussed together with the question of whether stock prices are predictable. The importance of the risk and its trade-off with return will be analysed in depth. While academically rigorous in outlining theoretical models, the course also focusses on practical applications and discusses empirical findings.

STOCHASTIC MODELLING IN FINANCE
This course aims to equip you with the fundamentals of stochastic calculus and their applications in pricing and hedging of financial derivatives. The topics covered include probability theory and the basic techniques and tools of stochastic calculus, which are pertinent to the risk-neutral pricing framework. You will build aptitude in handling stochastic differential equations, and in using them to model financial instruments. The course is an interesting mix of mathematics and financial applications. You will be able to appreciate how elementary financial concepts like the no-arbitrage principle, coupled with careful mathematical reasoning, can lead to a sophisticated framework for pricing, hedging and risk management.

QUANTITATIVE ANALYSIS OF FINANCIAL MARKETS
This course aims to build a foundation that allows you to grasp the significance and implications of events in financial markets by analysing data from a quantitative finance or alpha-seeking perspective. The topics covered include relevant econometrical and other statistical procedures. Procedural algorithms will be examined in detail through hands-on programming. The computing skills and quantitative finance knowledge and insights gained will heighten analytical competency and awareness of global financial market conditions.

PROGRAMMING AND COMPUTATIONAL FINANCIAL
This course is aimed at students with programming background and who have studied some financial models, but do not know how to put the two together. The objective is to teach you not just how to implement models but, more importantly, how to think in a structured way. Computational frameworks also cultivate a logical and systematic thinking process, providing you a rigorous framework with which to tackle and solve real-world problems.

DERIVATIVES
This course aims to give you a better understanding of derivatives and derivatives markets, and introduces you to the valuations and uses of derivatives such as forwards, futures, options and swaps. As derivatives markets grow in importance, evidenced by the increase in financial derivatives being used for hedging and risk management, holistic understanding of derivatives has become more crucial for modern financial practitioners.

FIXED INCOME SECURITIES
This course is designed to acquaint you with the main modelling streams in fixed income securities and enable you to use models in this area in practical applications. Fundamental mathematical modelling techniques will also be taught. Since the financial crisis, the fixed income market has deviated drastically from the standard textbook settings. This course is designed to bring you up to speed with the state-of-the-art quantitative modelling in this domain. Both linear and nonlinear products will be covered, with a strong emphasis on efficient pricing, valuation and risk management.

RISK ANALYSIS
The aim of this module is to develop a solid background for evaluating, managing and researching financial risk. You will learn to analyse and quantify risk according to current best practice in the markets and gain an in-depth understanding of the types of risks a financial institution faces in its day-to-day operation. The latest developments, including BASEL regulatory framework, RiskMetrics and CreditMetrics methodologies, will also be covered.

NUMERICAL METHODS
This course teaches computing concepts such as program structure, i/o handling, data types, arrays, expressions, control statements and data structures in parallel with, and applied to, numerical methods such as root finding, non-linear equations, linear systems, interpolation, extrapolation, differentiation, integration and random number generation techniques. Emphasis will be placed on the numerical concepts particularly applicable in QF so that you can build a strong theoretical foundation in basic numerical methods and develop the ability to implement them independently. You will also learn how to generate stochastic processes and Brownian motions to perform Monte Carlo simulations, to construct lattice models and to price American options numerically. Further applications in risk management will also be covered.

ECONOMETRICS OF FINANCIAL MARKETS
This course provides detailed knowledge and understanding of the essential technical tools required to carry out advanced econometric research such as fractional integration and long memory processes. You will gain insight into the implications of financial theories and the practical aspects of real-world modelling.

You have the option to specialise in any one of the following elective tracks.

Financial Data Science
  1. Quantitative Trading Strategies
  2. C++ for Financial Engineering
  3. Financial Data Science
  4. Machine Learning & Financial Application
Algorithmic Trading
  1. Quantitative Trading Strategies
  2. Portfolio Management
  3. C++ for Financial Engineering
  4. Market Microstructure & Algorithmic Trading
Risk Analytics
  1. Credit Risk Models
  2. Market Microstructure & Algorithmic Trading
  3. Financial Data Science
  4. Machine Learning & Financial Application

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How to Apply

Application Period

 

INTAKE APPLICATION DEADLINE

August 2025

Commencing on September 2024

(Admissions are awarded on a rolling basis)

Apply Now

Please read the instructions carefully before completing your application. Supplementary instructions are given in each section of the application form. Once you have completed the form, we suggest you keep a copy for your record. Please complete the application form accordingly and attach copies of the documents as instructed. Your application will only be processed when we have received all the documents and payment.

  • Work experience is not required.
  • Good undergraduate degree from a reputable institution (in any field with some level of mathematical rigour)
  • Candidates who are passionate about quantitative and computational skills to tackle practical problems in pricing, hedging, risk management, algorithmic trading, portfolio management, and other cutting edge financial applications.
  • A good GMAT (try a GMAT mini quiz) / GRE (try a GRE mini quiz) / *SMU Admissions Test (SMUAT) score (click here to view the SMUAT Factsheet)
  • A valid TOEFL / IELTS score is required if the medium of instruction of your undergraduate studies was not English:
    1. SMU track - A TOEFL/IELTS score of TOEFL >90 and IELTS >6.5.
    2. International track - An IELTS score of 7.0 overall (with 6.0 and above for all components) is required for all applicants choosing this track.
  • An updated Resume
  • Your official academic transcripts of all educational institutions attended.
  • Certified True Copies of CFA / ACCA certificates (if any)
  • 2 Personal Statements (approximately 500-600 words each) on the following topics:
    1. Explain your career and personal aspirations, and your motivation for pursuing the MSc in Quantitative Finance (MQF) programme.
    2. Discuss one of the following topics:
      1. Describe your greatest weakness and how you have tried to overcome it.
      2. Describe your outstanding talents, skills and inherent abilities that are not reflected in your academic qualifications and records.
  • 2 Referee Reports - Submit 2 complete sets of referee details during the online process of applying for the SMU MQF. The application portal will automatically send an email to your referees and collect your recommendation forms on your behalf once you have submitted the application.
  • Copy of NRIC/FIN/Passport (in PDF or JPEG format)
  • Any other supporting documents

* SMU UG Alumni with cumulative GPAs of 3.40 or better, and Non-SMU candidates from local Autonomous Universities (NUS, NTU, SMU, SUSS, SUTD, SIT) with cumulative GPAs of 3.50 or better will not require a GMAT or GRE score for admissions. An undergraduate GPA is valid for 5 years after graduation. Speak with your Admissions Manager to find out more.

After Submitting Your Application
The Admissions Team will follow up with your application within 3-5 working days. More information on how to practice and sit for the SMU Admissions Test will be provided during this time.

Important Notes:

  • Verification of original documents is required upon matriculation into the programme. Failing to do so may result in applicants having to withdraw from the programme.
  • If you have not taken the SMU Admissions Test/GMAT/GRE, you may first submit your online application and arrange for the test to be taken as soon as possible.
  • Shortlisted candidates will be invited for an online interview within two weeks of the online application.

Once you have submitted your application and have received the application number confirmation email, you can use the Applicant Self Service functions to check your application status or update your contact information.

Please refer to the Applicant's Self Service Guide.

Want to Know If You are Eligible for the Programme?

If you would like us to assess your suitability for the MQF programme, please contact our Admissions Advisor and we will contact you within three working days.

Speak to Admissions Advisor

Programme Fees

Application Fee*

Registration / Advance Tuition Fee*

Tuition Fee

S$100 (inclusive of GST)

  • Singaporeans and PRs: S$400 (inclusive of GST)​

  • International Applicants: S$500 (inclusive of GST)

  • Advance Tuition Fee: S$5,000

Amount payable upon acceptance to the programme. The registration fee covers matriculation, examination fees, orientation activities, library and computer account. 

S$59,950 (inclusive of GST)

 

For International Option
The tuition fee is inclusive of the
four modules taught at Bayes
Business School. Students are
required to pay for their own
travel, accommodation, and living
expenses in London.

Application Fee*

S$100 (inclusive of GST)

Registration Fee*

  • Singaporeans and PRs: S$400 (inclusive of GST)
  • International Applicants: S$500 (inclusive of GST)

Amount payable upon acceptance to the programme

Tuition Fee

S$59,950 (inclusive of GST)

 

For International Option
The tuition fee is inclusive of the four modules taught at Bayes Business School. Students are required to pay for their own travel, accommodation, and living expenses in London.

*All fees are non-refundable and non-transferable. The Advance Tuition fee of S$5,000 will contribute to the first billing of the tuition fee.​ The remaining tuition fees would be payable over 3 billings, over the duration of the programme. The tuition fee does not include meals, air travel, travel insurance, living and accommodation expenses incurred for the overseas exchange. Singapore Management University reserves the right to alter tuition and other fees as deemed appropriate. SMU alumni will be entitled to a S$5,000 discount off the tuition fee. 9% GST of the discounted tuition fee will apply.

*Goods and Services Tax (GST) is a tax collected on behalf of the Singapore Government and will be charged at the prevailing rate.

 

BILLING SCHEDULE
 

Billing

Full-Time

Part-Time

S$5,000

At Admission

At Admission

Remaining Tuition Fees Start of Programme Start of Programme
By the 4th Month By the 5th Month
By the 7th Month By the 10th Month

Scholarships and Financial Aid

Academic Excellence | Global Awareness | Leadership* | Community Impact* | Impact on Asia* | Women in Business*

* Denotes scholarships that students can apply for upon admission into the programme.

These Scholarships entail award amounts up to 30% of the tuition fee, with no bonds attached.

The SMU MQF will offer the Academic Excellence Award to high-quality candidates with exceptional academic performance. Awards are based on academic merit, final grades and GMAT score.

  • Tier One: Awardees must have achieved a GMAT of 720 or above.
  • Tier Two: Awardees must have achieved a GMAT of 700 or above.

SMU MQF Programme is committed to crafting a very diverse and global academic environment that will contribute to the student’s personal and professional journey.

The Global Awareness Award is given 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.

With a Leadership Award, the SMU MQF Programme recognises individuals with strong leadership potential who have exhibited outstanding leadership potential during their studies, community or organisation. Applicants must demonstrate strong leadership 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.

The SMU MQF nurtures keen minds profoundly committed to leaving a positive impact on the community. The "Community Impact Award" recognises candidates who have contributed to society through outstanding community work (e.g. volunteerism, social and non-paid work, etc.) and through their actions, have impacted members of the community/society in a positive manner.

The Admissions Scholarship Committee will assess the following:

  1. Interview Performance
  2. Essay: “Please share an example of how you have impacted your greater community and what you think is the best way to serve society”.
  3. Impact of Community Work: frequency and reach. Awards and recognition will be considered.

The SMU MQF 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.

With the Women in Business Award, the SMU MQF aims to recognise exceptional women 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.

Established in honour of Singapore's former Prime Minister Mr Lee Kuan Yew, this scholarship is synonymous with prestige and a commitment to serving 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

Applicants who wish to pursue a Master's Programme in General Management should preferably have at least four 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.

  • SkillsFuture Funding for Singapore Citizens. Click on this link for more details.
  • The SkillsFuture Level-Up Programme provides Singapore Citizens aged 40 years and above the opportunity to receive the SkillsFuture Credit (Mid-Career) top up of $4,000. This credit is intended to offset out-of-pocket tuition fees, starting from Academic Year 2024/25 intake, commencing on or after 1 May 2024. Please visit https://www.skillsfuture.gov.sg/level-up-programme for further details.

Learn more and apply for the CIMB ASEAN Scholarship here.

SMU Alumni 
SMU is committed to lifelong learning. Graduates from SMU undergraduate or postgraduate programmes are automatically eligible for an alumni discount of S$8,000 when applying to the MQF programme.

Singapore Local Autonomous University 
Graduates from the following local universities: National University of Singapore (NUS), Nanyang Technological University (NTU), Singapore University of Social Sciences (SUSS), Singapore University of Technology and Design (SUTD), or Singapore Institute of Technology (SIT). are automatically eligible for an alumni discount of S$4,000 when applying to the MQF programme.

Eligible candidates may receive exemptions for up to four credit units, with a discount of $3,000 awarded for each credit unit exempted.

SG/PR 
Singaporean citizens and Permanent Residents are eligible for a one-time discount of S$5,000.

ASEAN Citizens
ASEAN citizens are eligible for a one-time discount of S$3,000.
(Brunei Darussalam, Myanmar, Cambodia, Indonesia, Laos, Malaysia, Philippines, Thailand, Vietnam)

Corporate Partner 
Eligible company-sponsored candidates are eligible for a one-time discount of S$6,000.
Contact our admissions team to discuss your eligibility.

  • The above discounts are applicable to students joining the programme from the January 2025 intake onwards. 
  • Each student is only eligible for one discount. Should a student qualify for more than one discount, only the higher discount will be applicable.
  • The above tuition fee discount is deductable before Goods and Services Tax (GST).
  • SMU reserves the right to change these exemptions

This loan carries a low interest rate of 3.02% p.a. For more information, please call 6333 7777.

For enquiry on this, please contact:
yvonne Tan
Contact details: 9646 8808 / (65) 6661 2157
Email: yvonnesg.tan@cimb.com

This study assistance loan carries an interest rate of 4.60% p.a. For more information please call 6333 0033.

The application must be with a joint applicant who is a Singaporean or Singapore PR.

For enquiry, please contact:
Cheong Yu Shan / Sandy Chenxu,
Direct Sales Management, Community Financial Services
DID: (65) 9691 5134 / 9221 5148
Email: yscheong@maybank.com.sg / wpchenxu@maybank.com.sg

For more information,please call +65 6595 9723.

For more information,please call '1800 363 3333'.

SBI provides student loans exclusively for students from India who have secured admission in selected educational institutions for higher studies in Singapore. Your loan is secured against a Standby Letter of Credit (SBLC) issued by SBI branch in India, backed by mortgage of property or cash deposits in India.

For enquiry, please email: studentloan@sbising.com

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FAQ

FAQ

MQF has both the part-time and full-time programme. The part-time track takes 24 months to complete, while the full-time track takes 18 months, with the option to complete in 12 months. For the full-time programme ONLY, students may choose between two tracks: (1) Singapore-based Track, or (2) International Track for which students will need to spend one term in London, UK.

While no work experience is required for the full-time track, any relevant experience might be helpful. Work experience is strongly preferred for the part-time track.

The MQF programme equips finance and banking industry professionals and fresh graduates with current knowledge, skills, and industry best practices in risk management, algorithmic trading, portfolio optimisation, model validation, pricing and hedging across multiple asset classes and markets.

On the other hand, the MAF programme is ideal for finance (or related fields) practitioners who wish to pursue their Chartered Financial Analyst (CFA) designation or wish to enhance their knowledge and skills in applied finance.

Both MAF and MQF programmes are applicable to candidates planning to switch career from non-finance to the finance and banking industries.

Both tracks offer the same curriculum and list of modules, both core and elective. The key difference lies in the exposure, where students of the International track will spend 3 months in Bayes Business School in London completing 4 core modules, and students of the Singapore track will complete their entire programme in SMU. The additional exposure offered by the International track can be a valuable addition to resumes.

Admission requirements for the two tracks are similar, with an additional mandatory IELTS requirement for all applicants to the International track as imposed by the UK government. All applicants are encouraged to decide carefully on the track of choice, as switching between tracks will strictly not be entertained once the programme begins.

The programme provides graduates a bridge to enter the finance and banking industries, especially those that require a high degree of computing and mathematical skills.
For some current examples of quantitative finance jobs available in Singapore, please refer to https://www.quantaccountants.co.uk/sector/contractors-freelancers/.

Students of the MQF programme are required to complete nine cores, four electives, a Postgraduate Professional Development course and one open* module.

The MQF is an 18-month programme, which can also be completed in 12 months, comprising of two options: the local and international option. 
The local option is also availiable in a part-time mode of study at 24 months.

Exemption is granted on a case-by-case basis. Applicants with former training in certain core modules may be granted exemption of up to one module in Term 1. There will be no exemption for the courses conducted at Bayes Business School.

The tuition fees will not be waived for the exempted modules.

You have to submit the details of the courses five weeks before Term 1 begins. These include:

  • Learning outcome statements, course objectives, course overview and assessment method.
  • The university that you attended, your grade and the year you took the course.

Students are expected to attend all the classes scheduled for each of the core and elective courses. The pace is rapid, and sessions follow a building-block approach, with each lecture building on the material covered earlier.

Students will need to set aside a considerable amount of time for preparation, reading, project work, private study, completion of assignments, and revision for final examinations.

The pace at which individuals work will obviously vary, but as a rough rule of thumb, students will need to put in two to three hours of work outside of the classroom for every hour actually spent in the formal sessions.

Due to the high intensity and demanding nature of the curriculum, students are encouraged to devote their full attention to their coursework. However, students with good academic performance may be allowed to pursue part-time internships if opportunities arise. Do note that international students with a student visa are only allowed to work for 16 hours a week during academic terms.

You may withdraw from the programme upon approval from the Programme Director. However, if you withdraw from the programme two weeks or more after the commencement of a term, you are liable for the full payment of fees for the entire term. Request for partial payment will not be considered.

Students who wish to request for leave of absence have to write in to the Programme Director with valid reasons.

As the programme is only offered on a yearly basis, the minimum leave of absence is one year. The candidature lapses automatically if you do not return the following year.

You will have to write in to seek permission from the Programme Director.

The programme is taught by well-qualified and experienced SMU and Bayes Business School professors as well as industry professionals.

SMU has a 4-point grading system. If computations result in the cumulative Grade Point Average (GPA) exceeding the 4-point grading system, a round down approach will be adopted. The highest cumulative GPA attainable by a student is 4.0.

All students must maintain a minimum GPA of 2.5 and above in order to graduate from the programme. If a student does not meet the GPA requirement in any particular term, he or she will be issued a warning letter. Those with a GPA below 2.5 for two consecutive terms will be asked to leave the programme.

A student may, upon the recommendation of the Course Instructor and approval of the Programme Director, re-sit a written assessment component of a course in which an overall fail grade was registered.

The re-sit, being a replacement assessment, must be of the same format, scope, and rigour as that of the original assessment. For each course, only one re-sit examination or written assessment will be arranged per term. Requests for alternative re-sit arrangements will not be entertained.

A student who passes a course on re-sit will receive an overall grade of "D", which will override the original fail grade.

In the event a student fails a re-sit, he/she must retake the course or take an alternative elective (subject to compliance of the academic standing policy). No further appeals will be considered.

SMU will assist in the application of student passes for all international students studying full-time in SMU. For students enrolling in the International Track, SMU will also assist with visa applications for their term in Bayes Business School in London.

SMU will assist you with the application of your student visa, latest by end May, before you arrive in Singapore. All applicants will have to log in to ICA's website to fill up the Student's Pass Application Form (eform 16) and submit it online.

You will have to submit an online Student's Pass Application Form (eform 16), which requires the particulars of a valid passport.

The processing fee is S$30 (inclusive of GST); upon approval by ICA, you will have to pay a S$60 (inclusive of GST) issuance fee for the student pass, and S$30 (inclusive of GST) for a multiple-entry visa.

No, you cannot extend your student pass after you have graduated. However, you have the option of converting it to a Long Term Visitor Pass (LTVP) which will allow you to remain in Singapore for up to one year.

Generally, all students will get their student visa. However, in the unforeseen event that this happens, we will look into it on a case-by-case basis.

Yes, the medical examination can either be done in your home country or in Singapore by a qualified doctor. However, medical examinations required for subsequent renewal of the Student's Pass must be done in Singapore. The doctor must record and certify the results of your medical examination in the designated medical report form. The medical report should not be issued more than three months from the submission or renewal date of your application; it should also be translated into English. If you have submitted a medical report to the Immigration & Checkpoints Authority or Ministry of Manpower not more than two years ago, there is no need to re-submit a fresh medical report.

Students are encouraged to look for their own accommodation before coming to Singapore. The SMU campus is conveniently located in the city and is well-served by public transport.

Yes, there will be an orientation programme for students of the MQF programme.

There are a lot of student associations/clubs in SMU.

There is also a Centre for Counselling and Guidance. You may click here to find out more.

The school has purchased insurance coverage for all SMU post-graduates. You may click here to find out more.

The living costs you incur will depend on your lifestyle. An international student may expect to incur the following per month:

Accommodation Meals Transportation Miscellaneous

S$400 – S$2,000 (inclusive of GST)

S$300 – S$500 (inclusive of GST)

S$150 – S$300 (inclusive of GST)

S$500 – S$1,500 (inclusive of GST)

As an SMU full-time matriculated international student holding a valid student pass, you may take up employment in Singapore during your vacation and are exempted from applying for a work permit as stated in the Work Permit Exemptions Notification. However, during term time, a student holding a valid student pass is only allowed to work part-time, that is, less than 16 hours per week. A letter of consent is not required from the Immigration & Checkpoints Authority of Singapore or the university.

Upon graduation, you may apply for a permanent job in Singapore if you meet the requirements for obtaining an employment pass or permanent residence.

You may click here to find out more about the various kind of employment passes and work permits in Singapore.

You may click here to find out more.

SMU has an annual university-wide commencement ceremony; all undergraduate and postgraduate students will attend the ceremony in July.

Yes, the commencement ceremony is held solely in Singapore.

The Office of Registrar will send you information on the collection of your degree scroll and official transcript.

This should not happen. However, in the unforeseen event that it does, we will look into it on a case-by-case basis..

Your SMU email account is a life time account.

You may keep your SMU student card.

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