What does it actually cost to study the NUS MIM program and live in Singapore for an Indian student?
Tuition for the NUS MIM program is approximately SGD 55,000, this figure has been relatively stable in recent years. For living expenses, a single room in a shared apartment or student hostel in Singapore runs SGD 1,200 to SGD 1,500 per month. Transport adds approximately SGD 200 to SGD 300 per month using the MRT and bus system. Food costs vary significantly: eating at hawker centres, the most affordable and widely available option, costs SGD 4 to SGD 7 per meal, while cooking at home or eating at sit-down restaurants is more expensive.
• A realistic monthly food budget for a careful spender is SGD 400 to SGD 600.
• Total monthly living expenses excluding tuition run approximately SGD 1,800 to SGD 2,500 depending on lifestyle and accommodation choice.
• Over a 12-month program, total living costs are in the range of SGD 22,000 to SGD 30,000.
• Combined with tuition, the total investment for the NUS MIM is approximately SGD 77,000 to SGD 85,000, which at current exchange rates converts to roughly ₹48 to ₹53 lakh, a significant investment that is offset by Singapore's strong post-graduation salary levels.
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