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MSc in Applied Finance (MAF)




What will I learn?

Singapore Management University (SMU) offers the Master of Science in Applied Finance (MAF) programme by coursework. This landmark programme aims to raise the standard of practitioners’ knowledge and skills in applied finance which has been identified as an area of critical training by the Economic Review Committee and the financial industry.

Besides covering the critical components required to meet the high academic standards of an MAF degree at SMU, the curriculum is also designed to suit the Chartered Financial Analyst (CFA) examination requirements, enabling students to pursue a CFA designation as well. Upon successful completion of the programme, participants will receive their MAF degree conferred by SMU.

Advancing Career Prospects for

Practitioners in finance or related fields who wish to pursue their CFA designation.
Professionals who wish to enhance their knowledge and skills in applied finance.
Those who wish to attain the relevant qualifications in order to obtain an ideal job or enhance their career in the banking and finance industry.

Highlights of the MAF

Tailored to meet both the CFA examination and Master of Science degree requirements.
Trained by highly qualified and experienced faculty and industry professionals.
Provides an international perspective of global financial markets and instruments while at the same time customised to take into account the unique characteristics of the regional and Chinese business environment.

The Different Tracks of the MAF

MAF is an intensive programme where candidates must complete 9 core modules, 4 elective modules and Postgraduate Professional Development Series workshops to meet the requirements of SMU’s Master of Science degree. Students may choose to specialise in either one of the track electives - Fund Management, Fintech, or Real Estate.

Main Objectives of the MAF Programme

The Master of Science in Applied Finance (MAF) programme aims to equip practitioners with confidence, knowledge and skills in applied finance.

Learning Goals of the MAF Programme

Through the MAF programme, our graduates will be able to:

  • Communicate confidently and possess the maturity to handle corporate and financial challenges.
  • Have a good understanding of the principles and practice of finance built on a substantial base
  • of new concepts and knowledge.
  • Apply this conceptual understanding to real-world business situations.
  • Integrate and analyse financial information, and formulate appropriate strategies.

Career Opportunities:

With a Master of Science in Applied Finance (MAF) degree, a graduate is equipped to work in a wide variety of industries. Based on the results of our annual survey, most candidates are likely to work in the finance sector, fulfilling a range of functions such as Securities and Investments, Business Finance, Banking Services, and Insurance.

Which department am I in?

Lee Kong Chian School of Business

Study options

Full Time (12 months)

Tuition fees
SG$50,760.00 (31,12,201) per year
Registration Fee: SG $500 (incl. GST)

*Price shown is for indicative purposes, please check with institution

Start date

21 August 2023


Lee Kong Chian School of Business

Singapore Management University,

50 Stamford Road,

178899, Singapore

Entry requirements

For students from United States

Applicants must have: Good undergraduate degree. A good score in GMAT or SMU Admissions Test. TOEFL/ IELTS is required if the medium of instruction of your undergraduate studies was not in English. It must be taken within the last 2 years at the time of submitting your application.

For international students

The admission criteria are:

  • A good university degree in ANY discipline (Applicants in the process of earning a degree and are about to graduate are welcome to apply)
  • A good GMAT/GRE or SMU Admission Test score
  • IELTS or TOEFL (required if the medium of instruction of your undergraduate studies was not conducted in English)

Application closes: May.


About Singapore Management University (SMU)

QS Stars Asian University Rankings awarded Singapore Management University 5-star ratings for overall excellence and employability.

  • Recognised as a world-class research institution
  • Excellent graduate outcomes and employer links
  • LKCSB MBA programme ranked 10th in Asia (FT 2022)
  • Master of IT – 93 percent recruitment within 6 months

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