Master of Science in Managerial Economics (English)

Master (Coursework)

Programme Type

Full-time, Part-time

Master of Science (Managerial Economics)

The Master of Science (Managerial Economics) seeks to groom leaders with an acumen in strategic thinking and managerial decision making in the context of business, government and society. The programme integrates economic theory with management practice to meet public and private sector challenges. 


The interdisciplinary nature of this programme brings about a focus on applying economic theory to sharpen policy design. Spanning flourishing ambits that include finance, technology, data, research and professional development skills, the programme is delivered through an immersive learning experience with class discussions, symposiums, as well as group projects, in addition to lectures and seminars.  


Unique Economics Masters Programme  

  • Apply economic theories and build managerial skills to steer your organisation through this volatile global landscape.

  • Develop advanced knowledge and skills to support decision-making and forward planning.  

Multidisciplinary Faculty with Extensive Experience  

  • Benefit from a holistic learning experience with a rigorous and focused curriculum coupled with multidisciplinary faculty.  
  • Glean insights from practitioners with exceptional managerial experience, including current and former politicians, senior Singapore government officials, and experts across various sectors and domains.  
An Illustrious Alumni Body  

  • Join an extensive global network of close to NCPA alumni who hold decision-making positions at all levels of government in their countries, including roles such as ministerial-level leaders, mayors and heads of organisations. 

Applicants should possess:

  • A bachelor’s degree in good standing from an accredited university or college is required for all applicants. 
  • Possess such other qualifications as the Academic Board may approve. 
  • For students from universities where English is not the medium of instruction, a good IELTS/TOEFL test score is required. The minimum test score is as follows:  

​​Type Of Test 

​Minimum Test Score​ 


​​Score of 6.5 
Min 5.5 for each skill module 



​Paper-based: 580 
Computer-based: 230​ 
Internet-based: 88-89​​ 

Due to the current COVID-19 situation, the application for the Academic Year 2021 will also accept  TOEFL ITP PLUS  (offered  by ETS)  and  online  IELTS Indicator  (offered by British Council).  Do email us should you have further enquiries. ​ 


  • Existing final year undergraduate students may apply for admission with a softcopy of their provisional degree certificate and/or yearly examination results to date. Original degree certificate and academic transcripts/complete yearly results must be provided for verification at the point of matriculation. 

Tuition Fees 

The tuition fee for each local/international student is S$32,000 (inclusive of GST). This fee excludes miscellaneous fees (health check-up, entry visa, student's pass, accommodation, meals, overseas immersion, etc.). 

Every year, fees are reviewed and subject to revisions. As and when fees are revised, the new fees will be applicable to new students. All fees listed are in Singapore dollars (S$) and are inclusive of Goods and Services Tax (GST).​ 

Fee Payment Schedule  
The tuition fee is payable on an instalment basis. The payment schedule (both full-time and part-time) are as follows: 


1st Semester 

​2nd Semester 

​3rd Semester 









Miscellaneous fees are  applicable to  both local and international students. Please click  here ​ for the updated fees.​​​​ 

Application Deadline 

The programme offers two intakes each year. 

Submitting your application ​​ 

Step 1:   

Applications are to be submitted O​NLINE​​. Any other forms of submission will not be accepted. 

Step 2: 

Email your completed online application form with supporting documents to​ 
Please use the Documents Checklist  (supporting documents required) below to ensure that you have emailed all the required supporting documents.​ 


Documents Checklist 


Documents Required 



Passport photo 

Two most recent colour photographs (taken within the last 3 months), including one attached with the softcopy application form. 


English proficiency report 
TOEFL (Test of English as a Foreign Language; IELTS score (International English Language Testing System) 

Applicants are required to take one of these tests if English was not the medium of instruction used at tertiary level (Bachelors). 


Other Supporting Documents 

  1. Degree Scroll(s) or certificates, and Transcript(s) of academic records from each university attended (must be in English, otherwise an official English translation must be provided); 

  1. Professional Membership Certificates, if any 

  1. NRIC / Passport / Citizenship Certificate / Documentary proof of nationality, whichever is applicable. 

  1. Documentary evidence of Immigration Pass (e.g. Employment Pass or Dependant’s Pass) issued by the Singapore Immigration & Checkpoints Authority (ICA). Note: This applies only to foreign applicants, working or living in Singapore. 


Resume or CV (optional) 

A concise document of not more than 3 pages, briefly explaining your job responsibilities and your accomplishments. 

Only complete applications will be processed for assessment.  An application is deemed complete only if the following are met: 

  • completion of online application form 

  • payment of application fee, and 

  • email submission of all supporting documents. 

Some shortlisted candidates may be interviewed by the Admissions Committee to gauge their suitability for the programme. 


Students need to complete 10 courses, comprising 2 core courses and 8 electives, to graduate. Students who fulfil academic requirements can take on a capstone paper in lieu of 2 full electives. 

10 courses 

​2 Core Courses 

​8 Elective Courses​ 




​​​8 courses with capstone 


2 Core Courses  

6 Elective Courses 

Capstone Pap​er​ 


MME-E programme admits both full-time and part-time students with a period of candidature between 1 and 4 years. 

Period of Study 

Full-Time — 2 semesters (1 year), maximum 4 Semesters. 
Part-Time — 4 semesters (2 years), maximum 8 Semesters.​​​​​ 

There are 2 semesters in an academic year with 13 teaching weeks per semester. 

Each course counts as 3 Academic Units (AUs), with the Capstone paper as 6 AUs. A total of 30 AUs is required for graduation. 

All students are required to complete 2 core courses. For the elective courses, students will need to select 8 electives or 6 electives if they are opting for the capstone paper. ​ 

To benefit further from NTU's outstanding faculty and resources, students will also have the option to select up to 2 relevant courses from NTU's other graduate programmes as electives to fulfil their course requirement. These courses, however, must be approved by both the Director of NCPA and the NTU School or division concerned. ​ 

Core Courses 

  • Managerial Economics: Theory & Applications 
  • Macroeconomics: Theory & Applications 

  • Financial Analysis & Financial Management 
  • Macro-Finance, Financial Markets & Financial Supervision 
  • Research & Statistical Methods 
  • Behavioural Policy Analysis 
  • Communication, Negotiation & Conflict Resolution 
  • Technology Innovation & Entrepreneurship: From Idea To Enterprise 
  • Data Analytics 
  • International Trade 
  • Urban & Regional Economics 
  • Environmental Economics & Sustainable Development 
  • Project Management 
  • New Economic Thinking & Modern Logistics 
  • China & The International Political Economy - Module I 
  • Wealth Management & Fintech 
  • Time Series Modelling 
  • Strategy-Innovation-Entrepreneurship for Trisector Managers 
  • Digital Marketing Analytics 
  • Behavioural Management in The Government & Business Sectors 
  • Financial Markets: Development & Challenges 
  • Data Science for Economists 
  • Quantitative Reasoning 
  • Capstone Paper in MME
*Note: The elective courses listed are subject to changes. Students should take each of these courses no more than once during the course of study. 
This programme aims to groom policymakers, administrators, analysts and leading strategists for the public as well as private sectors. 

Benefit from global-Asian perspectives as you interact with other students from various professions and nationalities.  

Access professional development opportunities with our extensive NCPA alumni network of close to 20,000 members.  

Class Schedule​​ 

Classes are typically conducted on: 

​Mondays to Fridays​​ 

​6.30pm – 9.30pm 

​Saturdays to Sundays 

​9.30am – 12.30pm and/or 2.00pm– 5.00pm 


Click for MME-E_FAQs

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