research and contributions to the field. We hold seminars featuring researchers from around the world and run an active brown bag seminar. Our division is consistently ranked among the top universities in Asia for financial economics research.
Why Choose NBS?
Recently, our graduates have taken up faculty positions at the following universities:
- University of New South Wales
- Australian National University
- University of Technology, Sydney
- Monash University
- University of Adelaide
- Erasmus University Rotterdam
- Chinese University of Hong Kong
- Hong Kong Polytechnic University
- Hong Kong Baptist University
- Peking University
- Renmin University of China
- Fudan University
- Shanghai Jiao Tong University
- University of Science and Technology of China
- Central University of Finance and Economics
- Shanghai University of Finance and Economics
- University of International Business and Economics
- Xiamen University
Programme Structure
- Year 1: coursework, university training requirements, summer paper
- Year 2: coursework, university training requirements, summer paper, pre-qualifying exam, qualifying exam
- Year 3: thesis writing, brown bag seminar presentation
- Year 4: thesis writing, internal defence, thesis submission, and examination
- Year 4 or 5: thesis amendments, thesis oral examination
Courses include:
- Corporate Governance and Control
- Econometrics
- Empirical Research (Investment)
- Empirical Research (Corporate)
- Seminar in Accounting Research
- Seminar in Capital Market Research in Accounting
- Seminar in Entrepreneurship
- Seminar in Microeconomics
Students may take courses offered by other local universities in Singapore, as part of the coursework exchange programme.
Admission requirements
Academic requirements
- GRE: 3.5 (analytical)
- GMAT: Required
English requirements
Other requirements
General requirements
Recruitment for the Academic Year 2027 is open from October 2026 to January 2027.
- Bachelor’s degree certificates and transcripts, and Master’s degree certificates and transcripts (where applicable)
- Documents not issued in English must be accompanied by official English translations
- Two academic referees’ reports
- GMAT or GRE scores (taken within the last 5 years) – mandatory for all applicants
- IELTS or TOEFL scores (taken within the last 2 years) – may be waived for applicants whose Bachelor’s degree was completed in English
- A research proposal
- A statement of objective/personal statement
- Research publications and award certificates (if any)
Tuition Fees
International tuition fee: 45,263 AUD / year (≈ 41,000 SGD / year). The tuition fee is approximately S$41,000 per year for International Students.
Living costs
Singapore: 2,073–4,283 AUD / month. The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
Scholarships: PhD scholarship opportunities for Doctor of Philosophy - Finance are available. A selection process will still be applied by the provider.
