• Application Deadline
  • 12 months


 The Master of Science in Financial Economics (MSFE) from Singapore Management University aims to combine two central strengths of SMU – econometrics and finance – in a programme that meets the loud industry demand for professionals with the skills for deep analysis of increasingly complex financial problems in a new era of dynamic policy and regulation. 

The proposed full-time degree programme will impart the foundational knowledge in economics and econometrics and the domain knowledge of the workings of the financial markets.

The programme will teach students how to apply the most advanced tools in economics and econometrics to finance. Its primary strength draws on the inherent multidisciplinary nature of the programme involving faculty with expertise in economics, econometrics and finance, thereby generating a unique “transformational” learning experience for students. 

Going with the theme of any coveted SMU degree and leveraging on its key geographic location, this programme will provide excellent networking opportunities. The possibility of academic and industry seminars for students with applied and research tracks will provide an ideal springboard for the technically sound but market orientated professionals.

Programme Structure

  • This programme is quite unique that it offers two broad tracks, applied and research. The research track will allow the students to take courses that are inherently research tools based, that will develop the student for a more directed research career. This opens up possibilities for doing a PhD degree in SMU or abroad in Economics or Finance. The track selection is quite flexible and to some extent merit based, the student can choose when enter the programme or in the first term.
  • Overall the student needs 10 modules to graduate, with 7 modules as required and 3 elective. Each module is 3 hours a week for 12 weeks.

Detailed Programme Facts

English Language Requirements

This programme may require students to demonstrate proficiency in English.

Academic Requirements

You need the following GPA score:

Required score: 3

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to 3 on a US 4.0 grading scale. Admitted applicants typically have an undergraduate GPA of or better on a 4.0 scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

  • This programme accepts GRE® scores. However, it does not provide a recommended score range.

    The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. The GRE® General Test contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments.

General Requirements

  • Good university degree
  • Acceptable GMAT, GRE or SMU Admissions Test scores (SMU Alumni who have graduated with GPA of 3.0 within the past five years may waive the GMAT/GRE/SMU Admissions Test requirement)
  • Acceptable TOEFL/IELTS scores (for students whose first degree is not in English)
  • Oral interview
  • 2 Reference Letters

Tuition Fee

  • International

    28920 USD/year
    Tuition Fee
    Based on the original amount of 28923 USD for the full programme and a duration of 12 months.
  • National

    28920 USD/year
    Tuition Fee
    Based on the original amount of 28923 USD for the full programme and a duration of 12 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
  • S$39,590 (Non SMU alumni rate inclusive of 7% Goods and Services Tax)
  • S$35,631 (SMU alumni rate inclusive of 7% Goods and Services Tax)

Living costs for Singapore

  • 1878 - 3880 SGD/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


Check the programme website for information about funding options.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.


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