Tuition Fee

Tuition Fees for 2025 Intake

The following fee structure applies:

Due On or Before Mode of Study
Full-Time Part-Time/ Distance Learning
1 Application Fee*: S$100 S$100
Tuition  MSF1 Tuition  MSF1
2 At the point of accepting offer (Admission Fees*)
Regular Admission Cycle: S$12,000 N.A. Regular Admission Cycle: S$12,000 N.A.
Early Admission Cycle: S$12,000 Early Admission Cycle: S$12,000
3 By 24 July 2025 (Semester 1 AY 2025/2026)

Regular Admission Cycle: S$24,000 Inclusive Regular Admission Cycle: S$9,500 Inclusive
Early Admission Cycle: S$24,000 Early Admission Cycle: S$9,500
4 January 2026 (Semester 2 AY 2025/2026) S$28,000 Inclusive S$14,500 Inclusive
5 August 2026 (Semester 1 AY 2026/2027) -- S$250.95 S$14,500 Inclusive
6 January 2027 (Semester 2 AY 2026/2027) -- S$250.95 S$13,500 Inclusive
7 From Semester 1 AY 2027/2028 onwards  -- -- -- S$132.90
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 the students enter the MFE program. We reserve the right to alter the fees for new incoming cohort.

1Miscellaneous Student Fees (MSF)

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

Tuition fee rebate:

For AY2025/2026, the University will extend a 40% tuition fee rebate to all Singaporeans and Permanent Residents admitting 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. Lastly, students from the ASEAN regions who are admitting into the MFE program will enjoy a tuition fee rebate of 30%. 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.

Tuition Fees for 2024 Intake

The following fee structure applies:

Due On or Before Mode of Study
Full-Time Part-Time/ Distance Learning
1 Application Fee*: S$50 S$50
Tuition  MSF1 Tuition  MSF1
2 At the point of accepting offer (Admission Fees*)
Regular Admission Cycle: S$12,000 N.A. Regular Admission Cycle: S$12,000 N.A.
Early Admission Cycle: S$12,000 Early Admission Cycle: S$12,000
3 By 24 July 2024 (Semester 1 AY 2024/2025)

Regular Admission Cycle: S$22,000 Inclusive Regular Admission Cycle: S$8,500 Inclusive
Early Admission Cycle: S$22,000 Early Admission Cycle: S$8,500
4 January 2025 (Semester 2 AY 2024/2025) S$26,000 Inclusive S$13,500 Inclusive
5 August 2025 (Semester 1 AY 2025/2026) -- S$250.95 S$13,500 Inclusive
6 January 2026 (Semester 2 AY 2025/2026) -- S$250.95 S$12,500 Inclusive
7 From Semester 1 AY 2026/2027 onwards  -- -- -- S$132.90
TOTAL S$60,000 (inclusive of GST) S$60,000 (inclusive of GST)

*Application, admission and tuition fees are non-refundable. The tuition fee is locked in once the students enter the MFE program. We reserve the right to alter the fees for new incoming cohort.

1Miscellaneous Student Fees (MSF)

Per Course Fee: S$6,000 (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

Tuition fee rebate:

From AY2023/2024, the University will extend a 10% tuition fee rebate to all Singaporeans and Permanent Residents admitting into the MSc Financial Engineering program which is not subsidised by the government. From AY2024/2025, NUS alumni, regardless of nationality, will enjoy a 20% rebate on the entire tuition fee cost. Students do not need to apply, rebates will be deducted automatically from your tuition fee.