Do I have to submit GMAT/GRE test scores even if I hold a PhD?
If you hold a PhD in a related discipline and are able to submit a photocopy of the GMAT/GRE that was part of your original PhD application, you may then request a waiver of the GMAT/GRE test requirement. Such requests will be considered on a case-by-case basis by the Admissions Committee.
Can I apply before I have taken GMAT/GRE?
If the rest of your application is completed, you can send it to us, even if you have not taken the GMAT/GRE. However, you should take the test before the closing deadline which is the end of February. You should also indicate in the application form your GMAT/GRE test date so that we know when to expect your score report. We will not process your application without your GMAT/GRE score as your application is deemed incomplete without them. You should fax us your unofficial scores as soon as you receive them and arrange with the test centre for the official score report to be sent to us.
I do not have any work experience, can I apply for the programme?
Yes, you may. Although work experience is preferred, it is not a mandatory requirement.
Do I need to take TOEFL or IELTS?
TOEFL is required if the medium of instruction during your undergraduate studies was not in English. IELTS may be accepted in place of TOEFL.
What is an acceptable score for TOEFL or IELTS?
An acceptable score for TOEFL is 620 (paper based), 260 (computer based) and 105 (internet based). For IELTS, the acceptable score is 7 and above.
I am a foreigner. Am I eligible to apply?
Yes, this programme is open to international students. The University will assist you in obtaining your student visas and accommodation needs when you have confirmed acceptance to the programme.
Are foreigners allowed to take the programme on a part time basis?
Foreigners who are currently working in Singapore and holding an employment pass may apply to take the programme on part-time basis.
Are all applicants invited for interview?
Only those who are successful after the initial short listing process are invited for an interview.
How many people do you admit each year?
The programme offers approximately 45-50 vacancies each year.
If I apply and am accepted this year, can I defer acceptance to next year?
No, you will have to re-apply for the next academic year.
Can I apply to enter the programme in January?
Due to the structure of the programme, there is no intake for the programme in January. The official intake for the programme is in July every year. Application will open in November and close at the end of February. Please visit our application page for updates.
Why was I not accepted into the MFE programme?
Time constraints do not allow us to personally respond to individuals seeking an explanation for why he or she was turned down for admission into the MFE programme. We receive many more applications for admission than we have ability to offer admission to. If you are not granted admission into the program it simply means your application was not as strong as others for a very limited number of vacancies.
What is the period of candidature for this programme? What is the programme structure?
Please click here
for more information on Period of Candidature.
What is the academic calendar?
Please click here
for the academic calendar.
Can I apply for exemptions?
Exemptions are considered on a case-by-case basis. Students may apply for exemption of up to a maximum of 3 subjects. Application for exemptions will open once you are enrolled.
What are the course attendance requirements and workload?
You are expected to attend all the lectures and classes scheduled for each of the core and elective courses. You will need to set aside considerable amount of time for preparation, reading, group work, project work, private study, completion of assignments and revision for exams. The pace at which individuals work will obviously vary, but as a general rule of thumb, students will need to put in two to three hours of work outside of the classroom for every hour spent in the formal sessions.
What preparations do I need to make for the final term at Carnegie-Mellon University?
You will have to set aside about S$6,500-S$8,000 for travelling, accommodation and living expenses. We will assist you in visa application, travel and accommodation arrangements. Part-time students are required to have their employers' consent to undertake the final term of 7 weeks at Carnegie-Mellon University before confirming acceptance into the programme. Please indicate on the application form should there be any difficulties in getting your employer's consent.
FEES & SCHOLARSHIP
What is the fee structure?
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for more information on Fees
Are there financial assistance available?
There are very limited scholarships available. Please visit the website for detailed information. The majority of our full-time students have taken the Tuition Fee Loan. This is available to local and foreign students. Please click here
for more information on Financial Aid & Scholarship.
Can CPF be used to pay tuition fees?
No, the CPF Board does not allow CPF to be used for graduate programmes.
Graduates from the MFE programme work primarily in the financial services industry. Careers vary but usually revolve around risk management, quantitative asset management, product structuring, quantitative trading, quantitative research, financial information technology as well as other areas in high-technology finance. Employers include investment banks, commercial banks, financial consultants, financial and database software suppliers, financial regulators, treasury & finance departments of MNCs, exchanges and energy companies.
What was the employability of MFE students after graduation? What kind of career support will be provided by the School?
The NTU MFE programme is well-known and has a good reputation in the industry. Our graduates have made a significant impact in the financial industries locally and internationally. Based on recent years’ records, majority of our graduates were able to secure an offer within 3 months after graduation with career advancement and/or a change of industry/ role. Many of the graduates have joined teams in top-tier financial institutions which increasingly require talents with quantitative knowledge and skillsets. During term time, many MFE students were also able to secure internship opportunities from our employer partners to gain practical experiences.
The students’ career development is well supported by the Nanyang Business School's Graduate Students Career Development Office (GSCDO). GSCDO is set up to guide students through their career development journey during their study as well as to build partnership with employers in different industries. GSCDO’s offerings are designed to prepare market-ready graduates through thematic career workshops, networking events and employers’ engagement. Students are strongly encouraged to work closely with GSCDO in achieving their career goal and take the lead in their own career development journey.