Why Singapore is a Top Destination for a Postgraduate Business Diploma

Have you ever wondered which country has the most impressive 15-year-olds when it comes to tackling tricky problems?

According to a recent assessment from the Programme for International Student Assessment (PISA), a gold standard in global education evaluation coordinated by the Organisation for Economic Cooperation and Development (OECD), this rare achievement goes to the tiny nation of Singapore.

Singapore’s relentless pursuit of excellence extends to its education system, ensuring the next generation is equipped to lead the future through its top-tier education.

Scattered across 63 islands, the Lion City has become an excellent destination for students willing to study abroad.

What makes Singapore a top destination for students?

This article delves into the factors that make Singapore such a compelling choice for students like you, particularly those seeking diploma courses in Singapore.

Why Study in Singapore?

Since its independence in 1965, Singapore has grown into a formidable economic powerhouse.

Today, the nation stands as a global leader in diverse industries, from aerospace and engineering to information technology, pharmaceuticals, and creative services.

What tops this impressive list of achievements is that the QS World University Ranking ranked Singapore as one of the most student-friendly locations around the world in 2024.

Factors such as top-ranked universities and colleges, affordable living costs compared to the United States, a high quality of life, abundant job opportunities, and a vibrant student life make studying in Singapore an attractive option, especially for international students.

According to the Economist Intelligence Unit (EIU) and Global Peace Index, Singapore is the second safest city in the world. It has one of the lowest crime rates globally, making it an expat-friendly nation. (Source: Business Insider).

What are some Study Abroad Benefits?

For many of you, studying abroad is a path to a global career launch. Choosing the right country and course can be your ticket to quick career progression.

Here are some benefits you might gain from a study abroad experience:

• Academic Benefits:

1. Access to world-class universities and diverse programmes
2. Improve language skills
3. Gain a global perspective on your field of study

• Personal Growth:

1. Develop independence, adaptability, and problem-solving skills
2. Build a network of international friends and contacts
3. Experience new cultures and broaden your worldview

• Career Advantages:

1. Stand out to employers with international experience and multilingual skills
2. Gain valuable work experience through internships or study abroad programmes with work placements
3. Increase your job prospects in a globalised economy

So why study in Singapore? Why choose a postgraduate diploma course in business? Keep reading to discover more reasons why this country could be the perfect destination for your dream of studying abroad.

What are the Career Advantages of Studying in Singapore?

According to the Strait Times, Singapore’s total employment grew by 88,400 in 2023. This increase is largely due to employment growth among foreigners, mainly in construction and manufacturing. On the other hand, residents saw gains in high-paying sectors like finance and professional services.

That’s not all. Singapore’s employment rate is high, staying between 60% and 68% most of the time.

What does this mean for you if you choose to study in Singapore?

Singapore’s robust economy offers a dynamic job market that attracts and welcomes both local and international talent.

The close collaboration between many of Singapore’s educational institutions and major industries like banking, telecom, and logistics is a win-win. It enables these institutions to ensure their graduates are equipped with the exact skill sets these industries demand. This leads to a dynamic and thriving job market.

Why Singapore is a Top Destination for a Postgraduate Business Diploma

Pursuing diploma courses in Singapore can be a good option if you are looking for a dynamic environment, particularly for courses such as an MBA or a postgraduate business diploma.

A major financial centre and trading hub in Asia, Singapore is known for its strong business scene, so you may find an evolving job market in business.

Here are seven reasons why enrolling in diploma courses in Singapore can be a good choice for a job-ready future:s

1. High-Quality Education

Singapore is home to world-class institutions (both private and public). Colleges and universities in Singapore stand out due to their global partnerships, affordability, and strong industry connections.

These connections improve your learning experience and play a vital role in career placements after graduation. Many institutions offer industry-specific programmes as well such as postgraduate diplomas in business, Global MBAs and more.

2. Great for Foreign Students

If language barriers and campus networking have you concerned, breathe easy! English is one of the primary languages spoken in Singapore. It is widely spoken throughout the country. This means communicating with classmates, professors, and the local community will be easy.

Plus, the island nation is home to many international students. That means you get to meet people from all over the world giving you plenty of exposure to diverse cultures, perspectives, and lifestyles.

3. Less Expensive

Singapore offers a budget-friendly study option against pricier destinations like the US or Australia. On average, annual tuition fees in Singapore come in between SGD 25,000 to 40,000. (Source: India Today)

For instance, earning your MBA from top institutions in Singapore could cost from SGD 18,000 to 33,000. Besides, public universities in Singapore offer education at subsidised rates for Singaporeans. (Source: India Today)

4. Cost of Living

Singapore is a great place to live as it offers a high quality of life with excellent facilities for leisure, entertainment, healthcare, transportation, and utilities- all at reasonable costs.

Monthly living expenses for international students typically range from SGD 750 to 2,000. Accommodation options include on-campus halls of residence, private hostels, or rented apartments.

Expenses can fluctuate according to the economic status of the country, but the charts below can give you a rough estimate of expenses in Singapore:

Source: India Today

Source: India Today

5. Job Opportunities

Singapore is known for its evolving job market (Source: HRM Asia). Diploma courses in Singapore can be a quick pathway to entry-level positions in your desired field.

For example, suppose you pursue a Postgraduate Diploma in Business in Singapore. In that case, you can enter jobs in management, finance, marketing, entrepreneurship, and beyond or look for higher roles.

That's not all, many postgraduate diploma courses in Singapore are globally recognised, adding significant value to career advancement opportunities.

6. Places of Interest

Singapore offers a surprising dose of nature with wildlife reserves, rainforests, and wetlands for exploration. You can indulge your shopping desires in the city’s vibrant malls, museums, and diverse dining scenes.

Catch a wave with year-round water sports like wakeboarding and windsurfing or try your hand at traditional dragon-boat racing.

When it comes to cuisines, Singapore can be a foodie’s paradise. From Chinese and Malay to Indian and Peranakan cuisine, you can indulge your taste buds with a variety of cuisines.

Travel enthusiasts get a fair deal, too. You can explore nearby countries like Thailand, Malaysia, and Vietnam, and all on a budget!

7. Safe and Secure Environment

Anxious about relocating to an unknown country? There are plenty of places to study in Singapore that will offer a safe environment.

Singapore has one of the world’s lowest crime rates because of the strict implementation of laws and regulations.

The country’s vibrant mix of cultures, races, and religions makes it a special place to live, work and study.

In conclusion, if you are adventurous and ambitious, you can benefit a lot from studying in Singapore. It offers a chance to broaden your horizons and experience life abroad in a dynamic and welcoming environment.

Whether you are pursuing an undergraduate degree, a postgraduate programme, or one of the diploma courses in Singapore, you will find a stimulating learning environment and high potential for career opportunities.

Led by industry experts, the Postgraduate Diploma in Business from the London School of Business and Finance, Singapore Campus(LSBF SG Campus), equips you with in-demand skills and opens doors to abundant career opportunities.

The course has both on-campus and blended learning options.

LSBF Singapore campus has won many awards and accolades for its academic excellence. The institution’s commitment to quality is further validated by EduTrust certification.

Sign up today for the Postgraduate Diploma in Business and get a rewarding, secure career!

 A blog written by Serin Thankam Sam and edited by Candice McDowell

FAQs

1. What makes Singapore an ideal location for pursuing a postgraduate business diploma?

• High-quality education
• English as primary language
• Cost-effective academy options
• High employment opportunities
• Safe and high living standards

2. What career prospects can postgraduate business students expect in Singapore?

• Business consultant
• Marketing manager
• Operations manager
• Financial analyst
• Human resource manager
• Entrepreneur

3. Is English proficiency a requirement for studying in Singapore?

• Yes. The majority of the courses in Singapore are taught in English. So, basic English language skills are a necessary requirement for study in Singapore.

4. How does Singapore support international students pursuing postgraduate business diplomas?

• Scholarships and grants may be available for international students depending on specific programmes and qualifications.
• Certain student visas allow part-time work authorisation while studying.
• Some universities and colleges often offer visa application assistance for international students.
• Colleges and universities have career centres that help students with job placement after graduation.

5. How does Singapore's multicultural environment enhance the postgraduate business learning experience?

• Global exposure
• Communication and collaboration skills
• Networking opportunities