Taught by both RMIT Academic Staff and local lecturers, this course of study leads to a fully accredited Australian degree.

You acquire a strong technical knowledge of economics and finance, and develop broad business skills required for high level economic and financial management.

Students and graduates of the programme are eligible to apply for membership of the Financial Services Institute of Australasia (FINSIA).

Graduates who undertake additional specified courses can have these counted towards partially fulfilling the academic requirements for Associate Membership of CPA Australia.

• All lectures are held at SIM Headquarters, 461 Clementi Road, Singapore 599491. 
• Class requires a minimum of 50 students to commence.
  In the event that the above minimum number is not met, the intake will not commence. Students will be informed within 30 days before class commences. 

For Full-time Programme:

• Lectures are normally conducted by both RMIT Academic Staff and Local Lecturers. 
• Average teacher:student ratio is 1:64. 
• Full-Time lectures are typically of 3 hours duration per session with 10 to 15 minutes break, which are held in the mornings or in the afternoons on weekdays. 

For Part-time Programme:

• Lectures are normally conducted by both RMIT Academic Staff and Local Lecturers.
• Average teacher:student ratio is 1:35.
• Part-Time lectures are typically of 3 hours duration per session with 10 to 15 minutes break, which are held in the evenings from 7 to 10pm on weekdays or on Saturday afternoons.

• Students are usually allowed to repeat a module once only. For advanced modules with pre-requisites, students are required to satisfactorily meet the pre-requisites before undertaking the modules.
• Attendance requirement:
  • Local, full-time students: 75%
  • International students: 90%

For Advanced 2 – 12 to 16 Modules 

• An RMIT approved relevant business diploma from SIM or any of the local polytechnics

Other qualifications will be considered on a case-by-case basis by the university. 

If an applicant does not satisfy the minimum entry requirement, the applicant may be able to satisfy the requirement if they can produce evidence of other equivalent qualifications or combination of qualifications and experience as assessed by RMIT University on a case-by-case basis.
 

Diploma holders from SIM GE or a Singapore local polytechnic

Holders of a recognised diploma from SIM GE or a Singapore local polytechnic will be granted advanced standing in RMIT business degrees.

Depending on the degree in which a student enrols:

• Diplomas categorised as business diplomas are granted 12 exemptions.
• Diplomas categorised as non-business diplomas are granted up to 8 exemptions.

For details on diplomas groups and applicable credit, visit the RMIT website.

• SIM diplomas as approved by RMIT; or
• Other RMIT approved local diplomas with duration less than 3 years; or
• Candidates with 3-year full-time diploma qualification from a Singaporean Polytechnic, Lasalle College of the Arts, Nanyang Academy of Fine Arts or B.C.A Academy, within 5 years prior to the commencement of the RMIT programme; or
• A minimum of one-year full-time study in an award equivalent to an Australian diploma, advanced diploma, associate degree, bachelor degree; or
• One semester full-time of a postgraduate qualification (equivalent to an Australian graduate certificate or higher).

Note:
Applicants will be deemed to have met the English Language criteria with no time limitation; if they have completed one of the abovementioned qualification/studies and have a minimum of 6 years primary/secondary studies of which a minimum of 2 years of this study was undertaken at secondary / senior secondary level, and where the studies was taught and assessed entirely in English from Singapore or other English-speaking country recognised by RMIT.

Learn more about recognised qualifications

All other applicants can meet the English language entry criteria through the completion of one of the following approved English language proficiency tests no more than two years prior to the RMIT program commencement date:

• IELTS (Academic): 6.5 (no band less than 6.0);
• TOEFL (internet-based test) – iBT: Overall score 79 (with minimum score of 13 in Reading, 12 in Listening, 18 in Speaking and 21 in Writing);
• Pearson Test of English (Academic) – PTE(A): 58 (no communication band less than 50);
• Cambridge English (Advanced CAE): 176 with no less than 169 in any component;
• RMIT English Worldwide (REW) Advanced Plus or equivalent; OR
• The completion of other equivalent qualifications, as approved by RMIT University.

COVID-19: Temporary Admissions Arrangement

In response to COVID-19 which has caused a number of cancellations and delays in English language testing, RMIT will temporarily accept the TOEFL iBT Special Home Edition and IELTS Indicator for programs that require up to IELTS (Academic) 7.0 with no band less than 6.5 (or equivalent) for semester 1 and 2, 2022 intakes. The requirements are the same as for their respective traditional tests.

RMIT will also temporarily extend the validity period for an approved English proficiency test for admission from two years to three years prior to the RMIT program commencement date semester 1 and 2, 2022 intakes (some exclusions apply where required for accreditation purposes).

Learn more

For Part-time Programme

Entry Route & Modules Required	Fees
Full programme (24 modules in 4 years)	S$46,866 Fees are payable over 8 semesters
Advanced 1 (Max 20 modules in 3.5 years)	S$39,055 Fees are payable over 7 semesters
Advanced 2 (Max 16 modules in 3 years)	S$31,244 Fees are payable over 6 semesters

 

• The fees quoted are based on S$1,952.75 (Local), S$2,065.10 (International) per module 
• Above fees are inclusive of prevailing GST and exclude textbooks 
• Actual semester fees may vary depending upon exemptions granted and modules taken. 
• First semester fees payable upon acceptance of offer. Subsequent semester fees payable before commencement of semester. 
• Not all modules will be offered every semester. 
• For subsequent intakes, please visit website nearer the application period for updated information. 

All fees inclusive of current 7% GST (exclude textbooks / course materials). Fees will be subject to revised GST of 8% effective on 1 Jan 2023 and 9% on 1 Jan 2024.
Refer to GST Notes under Fees Tab for more information.

GST Notes
• Fees published are inclusive of current GST of 7%. The parts of fees not invoiced, not paid and where services are not rendered in year 2022 are subject to the new GST rates effective on 1 Jan 2023 and 1 Jan 2024 respectively. Refer to IRAS website here for more details.
• For invoice generated in 2022 for services to be rendered in 2023, if payment is collected by 2022, 7% GST will apply.
• For invoice generated in 2022, if the payment is received in 2023 and service is rendered in 2023, 8% GST will apply. Credit note against original invoice and a new invoice bearing 8% GST will be issued.
• For invoice generated in 2022 and service is rendered in 2022, if payment is collected in 2023 (i.e. late payment), 7% still applies.