Singapore has always been a popular destination for studying abroad, and the number of students studying abroad has increased dramatically in recent years. So, how about studying finance in Singapore?How about studying finance in Singapore?Studying IT in Singapore, ,Study Law in Singapore, ,Studying Music in SingaporeThe problem.
How about studying finance in Singapore?
1. How is it to study finance in Singapore?
1. How to study finance in Singapore
Singapore has always been one of the top ten financial centers in the world. Its financial industry is very developed and is also a pillar industry in Singapore. There is a great demand for financial talents, so finance has always been a popular major for studying in Singapore. As the financial center of Asia, Singapore has always occupied its own position. It serves the entire Southeast Asia, including South Asia, Australia and New Zealand. The financial industry is now lacking risk management talents and financial engineering talents. On the one hand, they need to have financial and financial knowledge, and on the other hand, they must have the ability to write financial computing programs. Today in the era of globalization, the global financial market is expanding rapidly, and there is a general shortage of excellent financial talents. The financial services industry is one of the important pillars of Singapore's economy, and there are many types of related jobs.
2. Employment situation of finance majors studying in Singapore
Affected by the financial crisis, there is a serious shortage of professional financial management personnel in banks, and the relevant third-party investment and financial management companies are even more short of people. At present, there is a shortage of 200,000 financial planners in China. This major aims to cultivate students with theoretical and practical business capabilities in banking and finance. After studying this course, students will be able to initially master the basic skills in various fields of banking and finance. According to Yunxue Education Group, there are many directions for graduates of Singapore's finance majors, including economic forecasting and analysis and management consulting personnel. This position is mainly responsible for the collection and analysis of various market data, and the importance of this position is becoming more and more obvious. Foreign trade personnel, management positions, fund managers, securities brokers and stock analysts.
3. Recommended institutions of higher learning in Singapore for studying finance
1. National University of Singapore
The Master of Finance at the National University of Singapore is very good. The NUS Business School has established a reputation for providing a rigorous and rewarding learning experience. The financial sector in particular has a strong reputation for teaching and research. The major is mainly aimed at students who plan to work in financial institutions or fintech companies. Suitable positions include (AI) software developers, data scientists, fintech security experts or financial quantitative analysts. In addition to helping students build a solid foundation in computing and finance, it also offers elective modules covering computing and financial expertise, including core fintech knowledge such as artificial intelligence, blockchain and data analysis, as well as areas such as computing systems, network security, artificial intelligence, data analysis and enterprise IT.
Application Requirements
Academic: Bachelor’s degree holders with good academic performance who have graduated or are about to graduate, regardless of background
Language: TOEFL total score above 100, IELTS total score above 7
GMAT/GRE: Not a hard requirement, but applicants with higher scores will be more competitive when applying.
Interviews may be arranged
2. Nanyang Technological University, Singapore
The finance major at Nanyang Technological University in Singapore is very popular. Nanyang Business School (NBS) is the first and only business school in Singapore to be accredited by both EQUIS and AACSB. Nanyang Technological University in Singapore offers many graduate programs in finance, such as Master of Financial Engineering, Master of International Political Economy, etc.
Application Requirements
In terms of academic qualifications, students are required to be graduates of domestic 211 or 985 universities, with an average school grade of more than 80 points. In terms of language requirements, students need an IELTS score of 7.0. If students are not graduates of 211 universities, they need to have an average school grade of more than 85 points.
2. Why choose Singapore to study abroad?
1. Good social order
Safety is the primary concern of international students and parents. Singapore’s citizens are of high quality, and the government has formulated strict laws and regulations to provide students with credentials and channels to protect their rights. It is one of the countries with the lowest crime rate in the world, and its social security index has always been ranked among the top in the world. Let the majority of international students have no worries during their study.
2. High quality education
The quality of education in Singapore ranks among the top in Asia. The Singaporean government attaches great importance to education. In the budget, education expenditure ranks second, second only to defense expenditure. The education diploma has high gold content and is internationally recognized. It can be applied for further studies and employment in countries such as the United Kingdom, the United States, Australia and Canada. Primary schools in Singapore have to take graduation exams from primary school to junior high school, and there are O-level and A-level comprehensive tests at the middle school level. National universities, especially the National University of Singapore and Nanyang Technological University, have always been among the top universities in Asia.
3. Golden Springboard
Most of the students who go to Singapore to study do not take this place as their final destination. According to statistics, about one-third of Chinese students will use Singapore as a springboard for studying in a third country in the future, so Singapore is also Known as the golden springboard!
4. Low cost
The cost of studying abroad has always been a problem that everyone pays more attention to. The annual tuition and living expenses of public middle schools in Singapore are generally between 100,000 and 160,000 RMB, and the annual tuition and living expenses of higher education are generally between 150,000 and 230,000 RMB. Compared with the high-quality education it provides, the cost is relatively low and cost-effective. In addition, the Bank of Singapore also provides high tuition fee-free interest-free loans for overseas students who have been admitted. The loan amount is 90% of the tuition fees of local students in Singapore. And all walks of life also provide rich scholarships for students.
5. Short distance, no time difference
The distance between Singapore and China is short, usually it takes about 4 hours by flight, you can arrive there after a night of sleep, and you can go back and forth on weekends. Moreover, there is no time difference with mainland China, which is convenient for students to adapt to the life of studying abroad and visit their parents as soon as possible.
6. Good employment environment
Singapore is currently transitioning towards a knowledge-based economy. Developing in the fields of healthcare, education, tourism, emerging technology industries, creative industries, biomedical technology industries, etc., it provides a large number of employment opportunities for graduates studying in Singapore.
3. Checklist for studying in Singapore
1. Certificates
Before leaving for Singapore to study, you must check whether you have all the necessary documents, such as your valid passport, school admission letter, student pass approval letter issued by the Singapore Immigration Department, and study visa issued by the Singapore Embassy in China. After preparing the materials, put all these important documents in your backpack to facilitate the inspection by customs staff.
2. Cash
For students going to study in Singapore for the first time, they can prepare some extra cash to facilitate transportation, meals, etc. after arriving at the destination; students can exchange RMB and Australian dollars into Singapore dollars in China, and they can also exchange RMB, Hong Kong dollars, and US dollars into Singapore dollars after arriving in Singapore. Basically, every large international airport and shopping mall has a currency exchange place. Although Singapore Customs does not have too strict regulations on the amount of cash that can be carried by inbound travelers, it is not recommended to reserve too much. After all, it is inconvenient and unsafe. Just carry 2 to 3 months of living expenses.
3. Medicines
When studying abroad, it is necessary to prepare some emergency medicines, such as common cold medicines, fever medicines, fire-reducing medicines, anti-inflammatory medicines, anti-diarrhea medicines, and cooling oils and floral water to prevent mosquito bites, etc. At the same time, you can also prepare some vitamins, stomach-strengthening and digestion-promoting tablets, etc., in case of physical discomfort after arriving in Singapore. If the physical fitness is not very strong, students can prepare more vitamins and nutritional supplements, but it should be noted that Singapore Customs is also very strict in drug inspections. You must pay attention to the drug ingredients. Some drugs contain dangerous ingredients such as ephedrine, which may be checked by customs staff or even confiscated. At the same time, don't bring too many drugs, otherwise the immigration staff may doubt their purpose of studying abroad.
4. Clothing
The climate conditions in Singapore are completely different from those in our country. It can be said that it is summer all year round, and the lowest temperature is over 20 degrees. So you can prepare more summer clothes. The temperature will drop in the rainy season, but it will not be too cold. If students are afraid of the cold, they can also prepare some thin long-sleeved shirts and trousers. In addition, if you are worried about formal occasions, you can also prepare one or two sets of formal suits.
5. Items that are prohibited for study in Singapore
According to the regulations of the Singapore Immigration Department, whether you are entering Singapore as a student or in other capacities, you are not allowed to bring in fresh, dehydrated or canned meat and bean products, because there are concerns that these foods contain microorganisms and bacteria that may affect the life and health of local residents. In addition, you are not allowed to bring in fresh plants, even plant seeds, soil, vegetables and fruits, to avoid mixing them with marijuana and bringing marijuana to Singapore for planting; in addition, live insects or insect specimens, as well as other insects that are harmful to plants, are also prohibited.
How is it to study finance in Singapore? Summary
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