Tuition Fee

Tuition Fees

Due On or Before Mode of Study
Full-Time Part-Time/ Distance Learning
1 Application Fee*: S$100 S$100
Tuition fees MSF1 Tuition

fees

MSF1
2 At point of accepting offer
(Admission fees*)
S$12,000 N.A. S$12,000 N.A.
3 1st Semester S$24,000 Inclusive S$9,500 Inclusive
4 2nd Semester S$28,000 Inclusive S$14,500 Inclusive
5 3rd Semester -- S$335.00 S$14,500 Inclusive
6 4th Semester -- S$335.00 S$13,500 Inclusive
7 5th Semester N.A. N.A. -- S$137.50
TOTAL S$64,000(inclusive of GST) S$64,000(inclusive of GST)

*Application, admission, and tuition fees are non-refundable. The tuition fee is locked in once students are enrolled on the MFE program.

1Miscellaneous Student Fees (MSF). Subject to change in each new academic intake.

Per Course Fee: S$6,400 (inclusive of prevailing GST)
• For students who wish to take additional courses or who need to repeat a course.
• Payable with the Miscellaneous Student Fees according to NUS fee payment schedule.

NUS Enhanced Tuition Fee Rebate:

For AY2026/2027, the University will extend a 40% tuition fee rebate to all Singaporeans and Permanent Residents admitted into the MSc Financial Engineering (MFE) program which is not subsidised by the government.

NUS alumni, regardless of nationality, will enjoy a 20% rebate on the entire tuition fee cost. Kindly note that only one rebate can be applied at a time, and they are not stackable. Students do not need to apply, rebates will be deducted automatically from your tuition fee.