Career Opportunities after Completing an MBA in Singapore

Did you know the average salary an MBA graduate can earn in Singapore is around SGD 86,000 to 94,000 per year? (Source: Glassdoor)

Singapore is hailed as the ‘Silicon Valley of Asia’ in KPMG’s global ranking of leading- tech innovators and has a rising need for competent business professionals.

Hence, embarking on an MBA journey in Singapore is not just an educational pursuit; it's a gateway to a multitude of career opportunities. (Source: Knowledgehut)

This comprehensive guide navigates the post-MBA landscape, delving into the expansive scope of MBA jobs, top hiring companies, effective job search strategies, salary expectations, and answers to pertinent questions about the value of an MBA in the dynamic Singaporean job market.

What are the Opportunities after an MBA?

Completing an MBA in Singapore opens a spectrum of career horizons for graduates. Beyond the academic realm, individuals can explore diverse roles, including:

Business Consultant:

• Analysing business challenges and providing strategic solutions.

Financial Analyst:

• Evaluating financial data to guide investment decisions.

Marketing Manager:

• Developing and executing marketing strategies for businesses.

Project Manager:

• Overseeing and managing projects to ensure successful outcomes.

Operations Director:

• Leading and optimising business operations for efficiency.

What is the Scope for MBA Jobs in Singapore?

• Technology:

The Information and Communication Technology (ICT) sector is booming in Singapore with a compound annual growth rate of 8.31% from 2024 to 2029.

Singapore’s ICT market size was estimated to be roughly 47.78 billion USD in 2024 and may reach a whopping 76.67 billion USD by 2029.

Given all this expansion, tech giants like Google, Accenture, and Apple are always on the lookout for fresh talent in the business pool. MBA graduates in Singapore can find many opportunities within the tech sector if this is where they wish to have a career. (Source: MordorIntelligence)

• Real Estate:

This is one of the most in-demand sectors you can find employment in as an MBA graduate in Singapore. The real estate market is estimated to reach a valuation of 2.3 trillion USD by 2028 according to research by Statista.

This is also due to the high rates of immigration and the national need for international talent. The population of Singapore is always on the lookout for good housing options, and this means a steady market and job opportunities for real estate professionals.

MBA graduates are very much sought after for business insights and business decisions within the real estate industry in Singapore. (Source: Statista)

• Supply Chain Management and Logistics:

Singapore is one of Asia’s leading logistics centers and has earned world renown for its quality freight and shipping services.

With one of the largest transhipment hub ports, namely the Port of Singapore and logistics networks in place, the trading community of Singapore is always abuzz and employment opportunities for MBA graduates specialising in supply chain management are always ripe in the island country.

The Port of Singapore is connected to over 600 ports worldwide spread out over 123 countries. (Source: ShipTechnology)

• Finance:

The number of banks in Singapore has steadily increased in number over the years, causing Singapore to emerge as a financial leader in the world.

Thanks to Singapore’s successful trading practices and business tenacity, the city-state has become a financial force to be reckoned with in the East. MBA graduates specialising in finance are very much in demand in Singapore and can find many job opportunities within the country.

Top Companies Hiring for MBA Jobs in Singapore

DBS Bank:

• Renowned for its financial services, DBS Bank offers enticing roles in finance, strategy, and management.

Google:

• The tech giant actively seeks MBA talent for positions in marketing, business development, and operations.

Bain & Company:

• As a global consulting firm, Bain & Company is a magnet for MBAs, hiring for strategic consulting roles.

Procter & Gamble:

• Known for consumer goods, P&G is on the lookout for MBA graduates to fill roles in brand management and strategic planning.

(Source: KnowledgeHut)

How to find MBA Jobs in Singapore

Navigating the job market after an MBA involves strategic planning:

Networking:

• Attend industry events, connect with alumni, and leverage platforms like LinkedIn for networking opportunities.

Career Services:

• Make the most of career services offered by your business school; they often provide valuable job placement support.

Internships:

• Gain practical experience through internships, enhancing your employability and industry understanding.

MBA Salaries in Singapore

The compensation for MBA jobs in Singapore is influenced by factors such as experience, industry, and job role.

On average, MBA graduates can anticipate competitive salaries, with roles in finance and consulting often offering higher compensation packages.

Here are listed a few salaries offered to MBA graduates by top-tier companies in Singapore:

1. Standard Chartered Bank: For an MBA Graduate in Singapore, this salary ranges from SGD 36,000- 2,00,000.
2. DBS: The standard salary offered to MBAs in Singapore is around SGD 32,000 to 1,38,000 per year.
3. Accenture: MBA graduates in Singapore can earn around SGD 48,000 to 1,39,000 per year at Accenture.
4. Grab: This Singapore-based company pays MBA graduates a yearly wage of SGD 38,000 to 2,32,000.
5. Citibank: This Singapore-based employer pays MBA graduates a yearly wage of SGD 38,000 to 1,05,000.

In conclusion, an MBA in Singapore is not merely an academic achievement; it's a transformative journey that unlocks a myriad of career opportunities.

The dynamic job market, coupled with the global perspective gained during some of the best MBA courses in Singapore, can position you for sure success.

If you would like to obtain a boost to your career through an MBA, consider enrolling with the London School of Business and Finance, in Singapore. (LSBF)

LSBF is an award-winning institute in Singapore, which is also an approved learning partner of the ACCA. The school is known for its industry-centric curriculum and strong student support. You may find that an MBA at LSBF is advantageous for you in many ways.

Sign up today to learn more!

This article was written by Rebecca Paulraj and edited by Candice McDowell

FAQ

Is an MBA in Singapore worth it?

Undoubtedly. Pursuing one of the best MBAs in Singapore proves to be a worthwhile investment, providing a robust return through enhanced career prospects and a global professional network.

Is an MBA useful in Singapore?

Absolutely. An MBA equips individuals with skills highly valued by employers, including leadership, strategic thinking, and advanced business acumen. Some of the best MBA courses in Singapore allow you to find work while completing your course. You can even be recruited by the top firms that see your talent during industrial events and other activities.

Can you work in Singapore after your MBA?

Yes. In fact, once you complete your MBA course in Singapore, you can consider applying for a short-term visit pass. This type of visa allows you to stay in Singapore for an extended period of 90 days after your MBA. In this time frame, you can look for work opportunities and secure employment.

LSBF Singapore Campus offers MBA graduates a plethora of placement and job assistance during their educational tenure.

You can ensure you find employment by enrolling on such MBA programmes. Alternatively, if you choose to seek out employment individually, you may have to avail of other visa options like the Long-Term Visit Pass (LTVP).

This helps international students tap into the wealth of MBA jobs in Singapore for foreigners. (Source: Knowledgehut)