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Is it better to study economics at NTU Singapore or Ashoka University in India for future master's prospects?

11 Aug 2026 · Answered by Thaiba Nazreen · 2 min read
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NTU Singapore is generally stronger for global master's prospects due to its top 30 ranking and quantitative curriculum, while Ashoka suits you better for an elite research-focused PhD or master's, thanks to its 4th-year thesis option and highly personalised letters from Ivy League trained faculty.

Thaiba Nazreen
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NTU generally gives you the stronger platform for global master's applications thanks to its worldwide brand and heavily quantitative economics curriculum. Ashoka becomes the better choice specifically if you are aiming for a research-driven PhD or master's, since its optional fourth year lets you build a genuine thesis and close faculty relationships.

Comparing the Two Routes

FeatureNTU SingaporeAshoka University
Global recognitionTop 30 worldwide, corporate knownStrong in academia, less corporate reach
CurriculumQuantitative and appliedRigorous and theoretical
Program length3 or 4-year honours3 years plus optional research year

Key Factors to Weigh Before Choosing

  • If you graduate NTU without the honours track, you may face restrictions applying to US universities that require 16 years of education.
  • Ashoka's smaller class sizes mean professors with Ivy League PhDs can write you a highly personalised, impactful recommendation letter.
  • NTU is significantly more expensive as an international student, so weigh your budget against how much you plan to spend on a master's later.

My Advice

If your target is a corporate MSc or MBA, lean toward NTU for its brand and networking strength. If you want a pure research master's or PhD in economics, choose Ashoka's fourth-year research program and build a close relationship with a faculty mentor early, since that letter will carry real weight in your applications.

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