Best Valued MBA in Singapore: Manchester MBA, SUNY MBA or Louisville MBA?
Despite the global recession the demand for Top quality management programs are on a rise and Singapore, the situation is no different. There are over 50 MBA’s and Management programs in Singapore offered by universities across Australia, UK and USA. Universities of Singapore such as National Universities of Singapore, Nanyang Technological University also offers a suite of MBA programs which allow prospective students to explore the various mode of delivery through full-time, part-time and Executive mode. With so many choices available, it is indeed a challenging task to decide on the right MBA program.
MBA programs available in Singapore varied in standards and recognition as well. It goes without saying that if you enroll with the top notch business school, you are likely to be better off. The University of Chicago ranks at the top of the list, when French business school INSEAD occupies the second position. However these Elite MBA’s includes University of Chicago and INSEAD cost easily between $80,000 to $100,000 which is typically out of reach for most working executives. Amongst the Universities offering MBA in Singapore, there are 3 programs which are what we believe is reasonably priced and of similar quality and international standards. University of Manchester MBA program, SUNY University at Buffalo EMBA and the University of Louisville Professional MBA programs are similarly internationally renowned.
Manchester MBA: It is the only British University that has its direct presence in Singapore. The ranking of the Manchester Business School Worldwide (MB worldwide) in the international scale is quite impressive. It occupies the #7 position for career progression, #6 for international experience and #1 for doctoral program. It also has an good record in offering MBA program in UK and ranks amongst the top business schools there. Further, as going back to school for MBA can be quite taxing on the pockets of the students, the fees is at approximately S$55,000, however a good news is that Manchester University has recently qualified for the SPRING Singapore’s co-funding Management Development Scholarship (MDS) program which would compensate as much as 90% of the tuition fees and other expenses of the eligible students.
SUNY MBA: State University of New York, Buffalo the University at Buffalo is a premier research-intensive public university, a flagship institution in the SUNY system and its largest and most comprehensive campus. SUNY MBA program offered by the SUNY University in Buffalo has been recognized as ‘one of the best in the world’ by the Wall Street. It is one of the top ranking business schools in the USA. It is ranked 69th in Business Week 2009 Top 100 Part Time MBA program, fees for this program is at S$64,000. The program is currently offered through SIM Singapore.
Louisville MBA: Founded in 1798, University of Louisville has its presence in over 116 nations around the world and can boast about offering MBA courses to over 21, 000 students worldwide, including Singapore through its Master Programs Singapore. The University of Louisville is a state owned University which ranks in the top 7% of the business schools in the USA. It is one of the fastest growing research institutes in the USA; latest Business Week 2009 Top Part Time MBA ranking placed University of Louisville MBA at 34th position, one of the highest ranked Public universities in US. This program has been established in Singapore since 1988 and is offered in partnership with Aventis School of Management, which is a renowned institute for offering MBA in Singapore School of Management. Program fee is at S$45,000 and the university is extending a scholarship of S$10,000 for senior executives with a minimum of 5 years managerial experience.
Whilst there are many choices for the prospective students to choose from, the choice should be made with extreme precision since the wrong choice is likely to affect adversely your professional career and personal success. Whilst fees are a major consideration factors, other key consideration includes:-
- Recognition and International Standing of the University
- Student profile & Faculty profile
- Program curriculum and Delivery structure
- Fees and Return on Investment
- Career objectives alignment with program objectives