Pursuing an MBA program is a big step toward career growth. However, it’s essential that it is an informed decision and is thoughtfully made. One of the most significant points to ponder is the cost of the MBA program. Pursuing an MBA degree entails a substantial financial investment, given the relatively high return on investment (ROI) that can be achieved upon completion. There’s yet another good news, though. You can now opt for more affordable MBA programs in an online format.
Online MBA courses are generally more pocket-friendly than their traditional counterparts, which is why they are becoming increasingly popular among MBA aspirants. Here, we have compiled the five most affordable online MBA programs for students in Singapore to consider pursuing in 2025.
Top 5 Affordable Online MBA Programs For Singapore Students
Pursuing an MBA degree online is the latest trend that the whole world seems to have caught up with. These courses are at par with the high-quality learning standards imparted by traditional on-campus MBAs. They also offer a diverse range of specialisations for learners to choose from, as per their interests and career aspirations.
What’s more? They are more budget-friendly and thus more accessible to a broader range of learners. Below, we highlight the 5 cheapest online MBA programs with their corresponding average fees, and you can choose the one that offers the maximum ROI.
| MBA Program | Average Course Fee |
| Online MBA from O.P. Jindal Global University | SGD 2,763 |
| Online MBA from Edgewood College | SGD 8,700 |
| Online MBA from Golden Gate University | SGD 12,600 |
| Online MBA from Liverpool Business School | SGD 12,830 |
| Online MBA from Paris School of Business | SGD 17,800 |
Online MBA From O.P. Jindal Global University
One of the most affordable online MBA programs is available at O.P. Jindal Global University, which offers an excellent business program for Singapore students. The one-year online MBA is offered by Jindal Global Business School, a part of the university, and allows students to pick a specialisation of their choice.
| Key Parameters | Course Details |
| Cost of the program | SGD 2,763 |
| EMI/monthly payment plans | No-cost EMI available |
| Scholarships | Available (check for details directly with the university) |
| Course duration | 12 months |
| Specialisations offered | Finance, Human Resource Management, Marketing, Strategy and Leadership, Supply Chain and Operations, AI for Business, Digital Finance |
| Learning format | Blended learning with live and recorded classes; 120+ live session hours |
| Eligibility criteria | Graduation in any discipline, clearance of JMAT exam (except for candidates with less than 50% aggregate score in the UG degree or with a qualifying score in CAT, XAT, MAT and ATMA (over 50%), GRE (over 295), GMAT (over 450), CMAT or NMAT (over 160)) |
Online MBA From Edgewood College
Another program on our list of the most affordable online MBA courses is the degree offered by Edgewood College in Wisconsin, USA. The program is designed to make business learning accessible to everyone. Moreover, Edgewood College offers scholarships to offset the on-campus tuition fee of the MBA program for Singaporean students and others residing outside the US who are aspiring to pursue the degree online.
| Key Parameters | Course Details |
| Cost of the program | SGD 8,700 (this fee includes a scholarship of up to 55% on the on-campus tuition fee) |
| EMI/monthly payment plans | 14 instalments of SGD 580 per month (approx) |
| Scholarships | Up to 55% of the on-campus tuition fee upon admission (for students outside the US) |
| Course duration | 14 months |
| Specialisations offered | Research, Accounting, Healthcare Management, Organisational Leadership and Change, Business Analytics |
| Learning format | Online |
| Eligibility criteria | Bachelor’s degree (or equivalent) |
Online MBA From Golden Gate University
Now, you have a chance to earn an industry-relevant degree from a prestigious US university without burning a hole in your pocket. Golden Gate University offers the most affordable online MBA programs, taught by top U.S. faculty who bring Fortune 500 experience. The main highlights of the course are shared below:
| Key Parameters | Course Details |
| Cost of the program | SGD 12,600 (this fee includes a scholarship of up to 70% on the on-campus tuition fee) |
| EMI/monthly payment plans | 15 instalments of SGD 800 per month (approx) |
| Scholarships | Up to 70% of the on-campus tuition fee upon admission (for students outside the US) |
| Course duration | 15 months |
| Specialisations offered | Marketing, Adaptive Leadership, Business Analytics, General Management, Marketing Strategy |
| Learning format | Live and interactive sessions with the faculty, alumni and professionals from Golden Gate University |
| Eligibility criteria | Bachelor’s degree in any specialisation |
Online MBA From Liverpool Business School
Take the next big leap on your career path with an online MBA from the prestigious Liverpool Business School, a wing of the widely acclaimed Liverpool John Moores University (LJMU), UK. The school offers a cost-effective option for pursuing the MBA degree compared to traditional on-campus programs.
| Key Parameters | Course Details |
| Cost of the program | SGD 12,830 |
| EMI/monthly payment plans | Monthly payment plan spread out over the program duration |
| Scholarships | Multiple options available (please check directly with the school) |
| Course duration | 18 months |
| Specialisations offered | Business and Management, Computer Science, Education, Law, Medicine and Health Sciences, Psychology |
| Learning format | Blended learning model with offline networking exposure |
| Eligibility criteria | Bachelor’s degree with at least 50% score and a minimum of 2 years of full-time work experience when starting the second year of the program |
Online MBA From Paris School Of Business
The last on our list of most affordable online MBA programs is a one-year degree from the reputed Paris School of Business. The business school holds triple accreditation and was ranked among the FT Top 100 in the European Business School Rankings 2024.
| Key Parameters | Course Details |
| Cost of the program | SGD 17,800 |
| EMI/monthly payment plans | 12 instalments of SGD 1,370 (approx) per month |
| Scholarships | Multiple options available (please check directly with the school) |
| Course duration | 12 months |
| Specialisations offered | Strategic Decision-Making, Leadership, Finance, Marketing, Data Analysis |
| Learning format | Online + weeklong immersion event at the Paris School of Business |
| Eligibility criteria | Bachelor’s degree (4 years) + 3 years of work experience / Bachelor’s degree (3 years) + 5 years of work experience |
Also read: Best MBA Programs in Singapore in 2025
Other Factors To Consider When Choosing An Online MBA
With multiple affordable options available for pursuing an MBA online, it is essential to make an informed decision. In addition to the course fee, which is a crucial consideration, be sure to take into account other factors as well. These are:
Flexibility
Verify if the program offers self-paced learning or part-time classes. This is particularly helpful for students pursuing another course full-time or working professionals. Self-paced learning via online, flexible classes is more convenient for these learners.
Degree recognition
Ensure that the online MBA degree conferred upon completion of the course is recognised both in Singapore and worldwide. This would help unlock job prospects globally. Also, ensure that the business school enjoys global recognition. It helps carry more weight on your resume.
Future career prospects
The potential job opportunities that are likely to be unlocked after course completion are a significant consideration. While cost matters when choosing an affordable MBA program, the ROI that it offers upon graduation is even more critical.
Pursue An Online MBA On upGrad In 2025
One of the most sought-after digital learning platforms today, upGrad offers a modern and innovative approach for learners. You can find a wide range of affordable online MBA programs offered by top universities worldwide.
These courses can be pursued at your own pace and convenience. This flexible learning format is ideal for working professionals and full-time students. They can continue with their work or study commitments alongside upskilling themselves with a prestigious MBA from a reputed business school.
Here are some ways upGrad can help you boost your career graph in 2025:
- Choose from some of the cheapest online MBA programs from top global institutions
- Enjoy flexible live classes on our platform anytime, anywhere
- Take your career to the next level with the latest industry-desirable skills
For more details on online MBA programs on the upGrad platform, get in touch with us via: Email us at query@upgrad.com or give us a call at +65-6232-6730.
FAQs on Affordable Online MBA Programs for Singapore Students
Q: Are online MBA programs recognised in Singapore?
Ans:- Yes, an MBA program pursued online is recognised in Singapore. However, ensure that the institution offering the course is an accredited and recognised body, such as EQUIS or AACSB. This helps ensure the validation and quality of the program. Several higher learning institutions and employers worldwide accept online MBA programs for their value offer.
Q: What is the average fee range of an online MBA for Singapore students?
Ans:- The actual fee structure for each program is likely to vary at the discretion of the business school offering it. This would depend on several factors, including the course curriculum, the business school’s reputation, the course duration, and other relevant considerations. However, most online MBA programs pursued by students in Singapore generally cost somewhere between SGD 2,700 and SGD 17,800.
Q: Do I need the GRE/GMAT to apply for an online MBA?
Ans:- No, not all online MBA courses require GRE/GMAT scores as a prerequisite for applicants. The general minimum requirement is a Bachelor’s degree in any discipline. However, the requirement may vary from one program to another; hence, it’s always best to check with the specific business school at the time of application.
Q: How long does it take to complete an online MBA?
Ans:- The actual duration may vary for different programs, depending on the specific course curriculum designed by the respective business school. The specialisations that are a part of the program may also result in a variation in its overall duration. The average duration, though, for most online MBA programs is 1-2 years.
Q: Will I have access to career support and networking opportunities in an online MBA?
Ans:- Yes, several online MBA programs offer career placement support and networking opportunities as part of their course design. This enables learners to seek career progression prospects upon completing the MBA program. The online MBA courses offered on the upGrad platform provide ample career support and scope for networking.
