OVERVIEW

The National University of Singapore (NUS) Master of Science (MSc) in Venture Creation is a multidisciplinary programme that draws from the expertise of:

It is an immersive graduate degree programme that combines experiential learning with the academic rigour of one of the top universities in Asia and the world.

Designed to transform mindsets and accelerate the translation of ideas into solutions, the programme targets aspiring entrepreneurs wanting to launch new ventures with success by providing mentorship in business development and access to NUS technologies, as well as opportunities to network for market access.

Gain exposure in hot topics such as Industry 4.0, digital supply chain, cybersecurity, biotechnology, medical technology and financial technology—just some of the modules offered by the six academic units lending their weight to this programme.

The programme was previously marketed as the Master of Science (MSc) in Entrepreneurship.


Why This Programme?

  • Tap on more than 20 years of experience in nurturing entrepreneurship, with the expertise of NUS Enterprise, which spearheads such flagship initiatives as NUS Overseas Colleges and BLOCK71.

  • Deep dive into entrepreneurship with core modules that provide all the guidance, skillsets and opportunities needed to transform ideas into viable businesses.

  • Build a strong technical foundation by harnessing the technical expertise of six academic departments to deepen skills and knowledge through a range of elective modules.

APPLICATION FOR ADMISSION

Application Period
An Academic Year (AY) at NUS consists of two semesters and a special term (which occurs during the Semester 2 Vacation, and is divided into two parts of six weeks duration each):

  • Semester 1: Aug–Dec
  • Semester 2: Jan–May
  • Special Term (Part 1): May–Jun
  • Special Term (Part 2): Jun–Jul

For the MSc in Venture Creation programme, there is one application period for each (AY):

Programme Intake Application Dates
MSc in Venture Creation  Semester 1
(Aug Intake)*
1 Oct of preceding year to 28 Feb of intake year 

* Although Semester 1 officially starts in Aug, students in the MSc in Venture Creation programme attend a two-week summer programme in entrepreneurship in Jul.

ADMISSION REQUIREMENTS

Admission to the NUS MSc in Venture Creation programme is granted on a competitive basis as places in the programme are limited. Applicants should possess the following minimum requirements:

Academic 

Bachelor's Degree (preferably with Honours)

Skill/Experience

Strong interest in entrepreneurship and innovation, including demonstrated involvement in entrepreneurial activities

English Language
Applicants whose native tongue and medium of university instruction is not completely in English:

  • Test of English as a Foreign Language (TOEFL) minimum score of 85 (Internet-based), or
  • International English Language Testing System (IELTS) minimum Academic score 6.0

Note: TOEFL / IELTS scores are valid for two years from the test date and should not have expired at point of application. Expired scores will not be considered for the application.

Other

Not applicable


Note: Resume and complete or current academic transcripts and degree scroll(s) will need to be submitted with an application.

MODE OF STUDY AND PROGRAMME CANDIDATURE

The NUS MSc in Venture Creation programme is offered on the following basis (with estimated time to complete the programme indicated below):

 Full-time  12 — 18 months 

Note: International applicants must be accepted into an approved full-time course in Singapore to apply for a Student’s Pass. Part-time courses and courses conducted in the evening or on weekends are not eligible. For more information, refer to the Singapore Immigration & Checkpoints Authority (ICA) website.

PROGRAMME STRUCTURE

The NUS MSc in Venture Creation  is a 40-modular credit (MC) coursework-based Master’s Degree programme comprising:

  • Core modules (28 MCs), and
  • Elective modules (12 MCs):
    • At least 8 MCs from Specialised Electives
    • Up to 4 MCs from General Electives

Note: Applicable to newly admitted students from August 2021 intake.

Kindly refer to the following table for a more detailed description of the programme structure.

July (2 weeks) Summer programme in entrepreneurship
A two-week programme that offers an immersive experience of entrepreneurship in Singapore and Southeast Asia, to educate and inspire, and to create opportunities to connect deeply with peers and with the entrepreneurship ecosystem.
August to December Experiential entrepreneurship internship
A semester-long-start-up internship experience. Work alongside co-founders of innovative start-ups, feel the energy and get into the action, figure out what it takes for a business to thrive, connect with like-minded people from the start-up community, and forge a network of friends and future partners. 
New venture creation
With the goal of helping students understand the process, challenges, risks and rewards of starting up a new business, this module equips students with the tools to improve their chances of successfully starting their own businesses.

+ Elective modules 
January to June  Lean startup practicum
This module provide guidance and support to accelerate ideas into viable businesses. Through a step-by-step hands-on approach and mentorship, students will be empowered with the knowledge, skillsets and tools to bring their startups from ideation to fruition.

+ Elective modules 


Core Modules

Students are required to complete 28 MCs of core modules covering three key areas:

  • Foundation in venture creation (8 MCs)
  • Start-up internship (8 MCs), and
  • Accelerated venture creation (12 MCs).

View Modules

Module Code Module Title MCs
TR3301 Summer Programme in Entrepreneurship 4
TR5302
Experiential Entrepreneurship Internship
8
TR5049
Lean Startup Practicum
12
BMS5405S
New Venture Creation
4
Elective Modules

Students must complete 12 MCs of elective modules, with at least 8 MCs from Specialised Electives and up to 4 MCs from General Electives (elective module offerings are subject to change and may not be offered every semester).

View Modules

Specialised Electives
NUS Enterprise
Module Code Module Title MCs
TR5101 New Venture Finance  4
TR5102 Intellectual Property Basics for Entrepreneurs 4
Business-related
Module Code Module Title MCs
BMS5121S Digital Transformation 4
BMS5203S The Knowledge & Innovation Economy 4.0 4

General Electives
Business-related
Module Code Module Title MCs
BMS5105 Big Data & Business Strategy  4
BMS5112 Marketing Analytics 4
BMS5114 Asian Business Environment 4
BMS5117
Game Theory for Managers
4
BMS5119 Asian Family Business 4
BMS5120 Innovation & Strategies in Emerging Markets 4
BMS5205 Business Analytics 4
BMS5502 Marketing Practice & Impact 4
BMS5702A Asian Management and Leadership: Learning From Zheng He 4
Management of Technology-related
Module Code Module Title MCs
MT5006 Strategic & New Product Development* 4
MT5007 Management of Technological Innovation* 4
IE5211 New Product Development* 4
Technology-related
Module Code Module Title MCs
CS5228 Knowledge Discovery and Data Mining 4
CS5242 Neural Networks and Deep Learning 4
CS5272 Embedded Software Design 4
CS5321 Network Security 4
CS5322 Database Security 4
CS5331 Web Security 4
CS5332 Biometric Authentication 4
CS5339 Theory and Algorithms for Machine Learning 4
CS5421 Database Applications Design and Tuning 4
CS5422 Wireless Networking
4
CS5424 Distributed Databases 4
CS5425 Big Data Systems for Data Science 4
CS5439 Software Security 4
EE5025 Intellectual Property: Innovations in IoT 2
IND5021 Managing the Digital Supply Chain 4
IND5022 Data Analytics for Smart Manufacturing 4
IND5024 Strategic Procurement in a Digital World 2
IS5003 Platform Design and Economy 4
IS5004 Enterprise Architecture 4
IS5005 Digital Engagement 4
IS5006 Intelligent System Deployment 4
IS5007 Strategising for Global IT-enabled Business Success 4
IS5116 Digital Entrepreneurship 4
IS5117 Digital Government 4
IS5126 Hands-on with Applied Analytics 4
IS5128 Digital Innovation 4
IS5151 Information Security Policy and Management 4
IS5152 Data-Driven Decision Making 4
IS5451 Pervasive Technology Solutions and Development 4
MDG5227 Bio-Innovation & Entrepreneurship 4
MDG5236 Pathways to Biomedical Innovation and Enterprise 2
MDG5237 Biomedical Innovation Capstone 2
ME5513A Fatigue Analysis for Additive Manufacturing 2
ME5614A Special Project in Additive Manufacturing 2
ME5615B  Post-processing for Additive Manufacturing  2
MLE5301 Metallic & Ceramic Materials in Additive Manufacturing 2
MLE5302 Polymer Materials in Additive Manufacturing 2
ST5227 Applied Data Mining* 4

* Subject to approval
 Offered once every two years starting Semester 2, AY2019/2020


For more details about the modules (e.g. laboratory-based or not, subsidy status), please click here.

View study schedule.

Note: For more information about the modules listed above (as well as other modules offered in the current academic year), please visit NUSMODS.

GRADUATION REQUIREMENTS

To graduate from the NUS MSc in Venture Creation programme, students must meet the following requirements:

Programme and/or Specialisation

Read and pass a total of 40 MCs, comprising:

  • 28 MCs of core modules
  • 12 MCs of elective modules
    • At least 8 MCs from Specialised Electives
    • Up to 4 MCs from Generalised Electives
Note: Applicable to newly admitted students from August 2021 intake.
Module and/or Graduate Certificate

Not applicable

Cumulative Average Point (CAP) 

Minimum 3.0 (out of maximum 5.0)

Please see also the University’s minimum standards for Continuation and Graduation Requirements specific programmes may implement stricter or additional requirements.

Other  Any other additional requirements that may be prescribed by the Programme Management Committee for MSc in Venture Creation, or the University.

FEES AND FINANCIAL ASSISTANCE

Kindly note that all fees for the NUS MSc in Venture Creation programme quoted on this page are exclusive of prevailing GST, unless otherwise stated. The University reserves all rights to review fees as necessary and adjust accordingly without prior notice.

Tuition

To be confirmed

Financial Assistance

Singaporeans and Singapore PRs may enjoy tuition fee subsidies.

For more about loans and other financial assistance, please refer to the NUS Office of Admissions.

Application

S$50 (inclusive of GST)

  • Non-refundable and non-transferable
  • Limited to one application submission per intake, for up to a maximum of five programmes/courses per application

Acceptance

S$5,000 (inclusive of GST)

  • Payable upon acceptance of offer
  • Non-refundable and non-transferable
  • Will be credited towards tuition fees

Miscellaneous Student Fees

As published by NUS Registrar’s Office

  • Payable every regular semester

Programme at a Glance*
Upcoming Webinar(s):

Thu, 16 Sep 2021:
Intellectual Property Basics for Entrepreneurs & Innovators

Register now!


Next Intake:

Note: The MSc in Venture Creation summer programme in entreprenurship is conducted in Jul.
Application Period:
1 Oct 2021 — 28 Feb 2022

Coming soon!

* For full details, please refer to main write-up.

Infographic

Nurturing Entrepreneurship
Related Content

• The NUS MSc in Venture Creation: immersive experiential learning at Asia’s top university

FREQUENTLY ASKED QUESTIONS

Click on the links below for more information:

Is work experience required for admission into the programme?

Work experience is not a pre-requisite for admission into the programme. However, because admission to the programme is on a competitive basis, applicants are encouraged to provide, along with their educational qualifications, details of any relevant work experience (including demonstrated involvement in entrepreneurial activities) so that their applications are more complete and representative of their achievements.

Is a video personal statement compulsory for admission into this programme?

For the AY2021/2022 intake, the video personal statement is no longer compulsory. Instead, shortlisted candidates will be required at a later stage to complete timed video interview.

I am interested to apply for the AY2021/2022 intake but the Graduate Admission System (GDA2) only shows the AY2020/2021 intake. Am I applying for the correct intake?

Applicants can rest assured that they are applying for the correct intake and may proceed with their applications.

Technically, classes for the AY2021/2022 intake do not begin until August 2021. Because the AY2021/2022 cohort of the MSc in Venture Creation programme will start their Summer Programme in Special Term Part 2 (5 July 2021 to 16 July 2021), the intake period is reflected in GDA2 as AY2020/2021 Semester 4.

What support and funding is available to aspiring student entrepreneurs at NUS?

  

In this area, the MSc in Venture Creation programme taps on the expertise of NUS Enterprise, which plays a pivotal role in fostering innovation and entrepreneurship among the NUS community, and developing Singapore’s start-up ecosystem. NUS Enterprise spearheads flagship initiatives such as the NUS Overseas College programme and BLOCK71.

Student entrepreneurs interested in the support and funding initiatives offered by NUS Enterprise can find out more here: https://enterprise.nus.edu.sg/funding/.

What career support services can NUS offer to graduates of the programme who prefer to enter the workforce instead of becoming entrepreneurs?


The Centre for Future-ready Graduates offers career resources that can be accessed by graduating students. The Centre aims to enhance students’ employability and ensure that they are career-ready upon graduation. Some of the support initiatives include career readiness programmes, campus recruitment talks, career fairs, and even one-on-one coaching with a certified career advisor.

Find out more here: http://nus.edu.sg/CFG/students.

For enquiries, please email us at pgc@nus.edu.sg.

 
30 July 2021