FAQ
The programme offers two intakes each year.
Details of the online applications are as follows:
Admission Dates | Application Period* | Result |
---|---|---|
August Intake | 15 September to 31 January | April to May |
November Intake | 15 February to 31 May | August to September |
Note: Applicants can prepare documents such as personal details, certificates, transcripts, etc. in advance.
If it’s within the application period, applicants can return to the application portal and upload other documents under “Upload any other documents” section.
Additional supporting documents will not be accepted after the application period is closed.
Kindly refer to this webpage https://www.ntu.edu.sg/admissions/graduate/cwadmissionguide for IELTS/TOEFL acceptance guideline.
GMAT / GRE is not required.
IELTS/TOEFL is required for applicants from non-English speaking countries, unless they accomplished degree on campus in native English speaking countries. Applicants with joint degrees or transferred from a non-English speaking country to an English speaking country to get a degree, there is no exemption, IELTS/TOEFL is still required.
- Minimum IELTS: 6.5
- Minimum TOEFL: 85
Generally, we do not allow deferment. Applicants are encouraged to consider carefully before applying.
We are unable to provide reason(s) of non-acceptance because of the high volume of applications received and it is very competitive.
Personal statement/reference letter/CV/interviews are NOT REQUIRED.
However, if you wish to submit them, you can upload them into the application portal under “Upload any other documents” section.
All supporting documents (in PDF format) are to be uploaded ONLINE during the online application. Applicants DO NOT need to send the hard copies of the supporting documents (application package) to us via post.
Once you received the pdf copy of official receipt from One Stop @SAC <[email protected]>, please forward it to [email protected] for verification and record.
Office of Admissions (OA) will follow up with the official offer letter by May for August Intake and September for November Intake.
We will correspond with you primarily using e-mail during the application process to convey messages. Hence, it is very important that you provide a valid and correct e-mail address and maintain your e-mail account regularly. The University will not be responsible for undeliverable e-mails and their consequences.
We will send a KPI survey to you via MSAE email ([email protected]) at the end of the month of your submission. Your application will be considered completed only after your submission of the KPI survey to us. All applications are reviewed fairly based on application documents and KPI survey.
Any discrepancies in information provided in the KPI survey will render your application as VOID.
Due to the large number of applicants seeking admission, we are sorry we will not be able to attend to enquiries on the status of applications or receipt of documents.
Full-time students can apply for graduate housing. For details, please refer to: https://www.ntu.edu.sg/life-at-ntu/accommodation/graduate-housing. In view of limited places on campus, please note that submitting an application does not guarantee a place. Students are strongly advised to arrange for off-campus housing for your accommodation needs before arrival in Singapore.
There is no service obligation for this programme.
No, it is a full-time programme.
Please ensure that your supporting documents (in PDF format) are clear and legible, and named according to the below sequence. Any applications with incomplete supporting documents may result in delay.
Please check through your application form to ensure that you have completed all sections in English. If you require further assistance, you can log a ticket using the Service Desk Form.
Yes, you may submit your application and you will be considered together with the strength of the respective cohort.
- A MSAE E-Conditional Offer will be emailed to applicants who have been selected for admission.
- A non-refundable confirmation deposit of S$15,000/- is required.
- The NTU official offer will be sent at a later date. Please check your email regularly.
- Upon accepting the NTU official offer, you will be required to set up your NTU email account. Please ensure that you follow the procedure closely as future correspondences will be done through this official student email account.
- Students will have to complete your online matriculation at the stipulated date. Please refer to: (https://www.ntu.edu.sg/admissions/matriculation#Content_C006_Col01).
- Upon successful matriculation, a Graduate Student link (GSLINK) account will be issued to you for course registration and accessing online learning materials prior to course commencement.
We encourage applicants to explore our website at https://www.ntu.edu.sg/sss/graduate-education/msc-in-applied-economics for comprehensive details about the MSAE program. This resource provides a comprehensive overview of the program's content and structure and may address many of your questions. If you require additional assistance, please feel free to reach out to us via email at [email protected].
The programme requires every student to earn a total of 30 academic units (AUs) to graduate.
Students can do so during the add/drop period which will close 1 or 2 weeks after the programme commencement.
The programme runs on a trimester basis. Each academic year is made up of 3 trimesters. For details on academic calendar, please refer to https://www.ntu.edu.sg/admissions/matriculation/academic-calendars.
The candidature period for Full-time students:
- Minimum of 3 trimesters (1 year) or
- A maximum of 6 trimesters (2 years)
A Masters candidate’s Cumulative Grade Point Average (CGPA) should not fall below 2.50 for two consecutive trimesters. A student will be issued an Academic Warning (AW) if the GPA falls below 2.50 for any given trimester.
A student will be issued an Academic Termination (FO) if the CGPA falls below 2.50 for two consecutive trimesters. A letter of termination will be issued.
Classes are scheduled on weekdays and/or on Saturdays. Your class schedule will be dependent on the courses that you have selected.
Classes and exams will be conducted in-person (face to face) at the NTU main campus. There is no remote e-learning option.
This is a coursework programme. The lecturer of each course will design the assessment components to maximise the learning experience of the students. The assessment could consist of a combination of several components including quizzes, peer assessment, assignments, individual or group projects and tests etc.
Class attendance is compulsory. A minimum of 85% attendance is required for the completion of the course. Students must provide proof of absence if he/she is unable to attend the class.
All courses are conducted in English.
For graduate students who have met graduation requirements, the degrees are conferred at the end of every month.
For more information, please refer to this link: https://www.ntu.edu.sg/education/academic-services/graduation-matters
*Please note the conferment process may take up to 2 months.
MSAE is a 1-year full-time programme that does not include a credit-bearing internship. Students are not required to complete an internship as part of the program.
MSAE students are NOT eligible to apply for the Postgraduate Internship Programme (more information can be found here).
Preparatory courses in Maths and Statistics are required to strengthen your skills in these areas.
The courses will be conducted online via NTULearn during the trimester.
a. Economic Analysis and Research
- Government Agencies: Work with institutions like central banks, treasury departments, and regulatory agencies to develop policies and conduct economic research.
- Think Tanks and Research Institutes: Engage in policy research and economic analysis on various social, economic, and political issues.
b. Financial Services
- Investment Banking: Analyze economic trends to advise clients on mergers, acquisitions, and investments.
- Asset Management: Manage investment portfolios, conduct market analysis, and develop investment strategies.
- Risk Management: Assess financial risks and develop strategies to mitigate them in banking and insurance sectors.
c. Consulting
- Economic Consulting Firms: Provide economic analysis and advice to businesses, governments, and non-profits on various economic issues.
- Management Consulting: Help organizations improve their efficiency, profitability, and market position by leveraging economic insights.
d. Data Science and Analytics
- Corporate Sector: Analyze large datasets to provide actionable insights for marketing, operations, and strategic decision-making.
- Tech Industry: Work with tech companies to analyze user data, market trends, and economic impacts of technology.
e. Public Policy and International Development
- International Organizations: Work with the United Nations, World Bank, IMF, or other international bodies to develop and implement economic policies in developing countries.
- Non-Governmental Organizations (NGOs): Focus on economic development, poverty reduction, and sustainability projects.
f. Academia and Education
- Teaching and Research: Pursue a PhD and embark on a career in academia, teaching economics, and conducting advanced research.
- Educational Institutions: Develop curricula, conduct educational research, and contribute to policy development in educational economics.
g. Corporate Sector
- Business Strategy: Use economic analysis to help businesses develop strategies, optimize operations, and improve competitiveness.
- Market Research: Conduct market analysis and consumer behavior studies to inform product development and marketing strategies.
h. Regulatory and Compliance
- Regulatory Bodies: Work with organizations that regulate industries, such as telecommunications, energy, and finance, to ensure compliance with economic policies and regulations.
- Compliance Departments: Ensure that businesses comply with economic laws and regulations, and develop internal policies to meet these standards.
Each of these paths leverages the analytical, quantitative, and critical thinking skills developed during an MSc in Applied Economics, providing a solid foundation for a variety of impactful and lucrative careers.
The MSc in Applied Economics (MSAE) is a self-funded programme. All applicants are expected to be financially capable of providing for themselves for the duration of their candidature.
However, awards may be offered to suitably qualified students. For more information, please refer to the Fees & Awards section.
Students must be prepared to fund their own course of study. A non-refundable confirmation deposit of S$15,000/- is required upon accepting the conditional offer. This confirmation deposit will be used to offset the first trimester’s tuition fee payment. Thereafter, fees will be billed prior to the start of Trimester 2 and Trimester 3.
Fee Payable per Trimester | Trimester 1 | Trimester 2 | Trimester 3 |
---|---|---|---|
Tuition Fee (AY2025/2026) | S$14,566.67 | S$14,566.67 | S$14,566.66 |
MSc in Applied Economics (MSAE) offers ASEAN Scholarships to deserving top-performing students.
Three ASEAN Scholarships will be offered each year to exceptional students from ASEAN countries who are citizens or permanent residents and have completed an undergraduate degree in Economics or a related field from a reputable university.
MSc in Applied Economics (MSAE) offers awards to deserving top-performing students of both intakes each year.
Awards will be offered to the top 5-9 students of the cohort at the end of every trimester. Students must attain a minimum GPA of 4.50 (and above) and the award will be subjected to final selection by Programme Selection Committee.
Student's Pass (STP)
Once you have been provided with an official offer and upon offer acceptance, the Office of Admissions (OA) will assist you in your application for the Student Pass (STP).
For details, please refer to: