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Clearly, all the glitz would mean nothing if the quality of the MBA degree, itself, held no value in the international circle.With its sensible education approach, relatively low tuition cost as compared to the US, world class teaching faculty, and an extremely daunting network of past alumni, most having established a drool worthy position at the top MBA recruiting companies in the world – read Mc Kinsey, Boston Consulting, Bain & Company, Amazon, Google, Microsoft and all such companies with a kingdom of their own – Singapore business schools are now a brand to scale other business schools.Nevertheless, these schemes open up possibilities of seamless enterprise, or employment, as long as you fulfill their eligibility criteria of skills. Life is good in Singapore, especially for an MBA degree holder.
This aspect of my personality was further developed at college where l led the organization of blood donation camps, and being a fitness enthusiast, conducted fitness classes on weekends, and advised my peers on ways to lead a healthy lifestyle.
At Company XYZ, I was one of the group members who initiated ‘AKSHAR’ – a project recycling waste/scrap paper into eco-friendly notebooks.
Being a melting pot, of sorts, the country, and its people, are quite fluent in English and are open to induct foreign nationals into their system.
Among other work permit schemes, their government offers two especially beneficial employment eligibility to foreign workers.
The Employment Pass Scheme allows skilled individuals to work in Singapore as long as they are continuously employed with a minimum monthly salary of S$3,600 (~USD2,600).
Also there is no official quota as to how many are allotted each year, with the permit itself open to renewal every 1-2 years.
Currently, I volunteer with ‘BHUMI’, an NGO that organizes classes and events for orphans, and provides them quality education.
Having learned lessons for life from my involvement with the social sector, I aspire to increase my contributions.
With that kind of money, and the somewhat exaggerated living costs, in the table below, you can expect a single person household to be quite comfortable.
Clearly, you could squeeze out a lot more pennies, to save, if you choose to adopt a more practical approach to spending – living outside the city limits, using the extremely convenient public transportation system, and generally avoiding a whole lot on extravagant expenditures.