OVERVIEW
The National University of Singapore (NUS) Master of Science (Venture Creation) (MSc (Venture Creation)) is a multidisciplinary programme that draws from the expertise of:
• NUS School of Continuing and Lifelong Education
• NUS Business School
• NUS College of Design and Engineering
• NUS School of Computing
• NUS Faculty of Science
• Yong Loo Lin School of Medicine
• NUS Enterprise
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 courses offered by the six academic units and the entrepreneurial arm of NUS 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/essential courses 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 courses.
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 (Venture Creation) programme, there is one application period for each AY:
| Programme |
Intake |
Application Dates |
| MSc (Venture Creation) |
Semester 1
(Aug Intake)* |
1 Oct of preceding year to 31 Jan of intake year (international applicants) / 28 Feb of intake year (Singapore Citizens and Singapore Permanent Residents) |
* Although Semester 1 officially starts in Aug, students in the MSc (Venture Creation) programme attend a two-week summer programme in entrepreneurship in Jul.
ADMISSION REQUIREMENTS
Admission to the NUS MSc (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 are not completely in English:
- Test of English as a Foreign Language (TOEFL) minimum score of 85 (Internet-based) and at least 22 for both the speaking and writing components; or,
- International English Language Testing System (IELTS) minimum Academic score 6.0 and at least 6.0 for both the speaking and writing components
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. Applicants are responsible for ensuring that application information and all supporting documents are truthful and correct. NUS reserves the right to verify information provided as part of an application. False or misleading information in an application (including but not limited to test scores, resumes, certificates, transcripts, etc.) is grounds for admission rejection, revocation and/or dismissal from the University.
MODE OF STUDY AND PROGRAMME CANDIDATURE
The NUS MSc (Venture Creation) programme is offered on the following basis (with estimated time to complete the programme indicated below):
Note: International applicants must be accepted into an approved full-time course in Singapore to apply for a Student’s Pass. For more information, refer to the Singapore Immigration & Checkpoints Authority (ICA) website.
PROGRAMME STRUCTURE
The NUS MSc (Venture Creation) is a 40-Unit coursework-based Master’s Degree programme comprising:
-
Core/essential courses (28 Units), and
- Elective courses (12 Units):
- At least 8 Units from Specialised Electives,
- Up to 4 Units from General Electives.
Note: Applicable to newly admitted students from August 2021 intake.
The following table provides a more detailed description of the programme structure:
July
(two 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 / Innovation & Enterprise Internship*
A semester-long-startup internship experience. Work alongside co-founders of innovative startups, 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 startup 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 course equips students with the tools to improve their chances of successfully starting their own businesses.
|
| January to June |
Lean startup practicum / GRIP Venture Creation Practicum*
This course provides 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.
|
*Applicable to the AY2023/2024 cohort
Core/Essential Courses
Students are required to complete 28 Units of core/essential courses covering three key areas:
- Foundation in venture creation (8 Units)
- Startup internship (8 Units), and
- Accelerated venture creation (12 Units).
|
View Courses
| Course Code |
Course Title |
Units |
| TR3301 / ETP3321* |
Summer Programme in Entrepreneurship |
4 |
TR5302 / ETP5301*
|
Experiential Entrepreneurship Internship / Innovation & Enterprise Internship* |
8 |
TR5049 / ETP5311*
|
Lean Startup Practicum / GRIP Venture Creation Practicum*
|
12 |
BMS5405S
|
New Venture Creation
|
4 |
*Applicable to the AY2023/2024 cohort
Elective Courses
Students must complete 12 Units of elective courses, with at least 8 Units from Specialised Electives and up to 4 Units from General Electives (elective course offerings are subject to change and may not be offered every semester).
|
View Courses
| Specialised Electives |
| NUS Enterprise |
| Course Code |
Course Title |
Units |
| TR5101 / ETP5341* |
New Venture Finance |
4 |
| TR5102 / ETP5331* |
Intellectual Property Basics for Entrepreneurs |
4 |
| BMS5121S |
Digital Transformation & Strategy
|
4 |
| BMS5123S |
Entrepreneurship Business Development
|
4 |
| BMS5203S |
The Knowledge & Innovation Economy 4.0
|
4 |
| BMS5124S |
Entrepreneurial Management |
4 |
| General Electives |
| Business-related |
| Course Code |
Course Title |
Units |
| BMS5105 |
Big Data & Business Strategy |
4 |
| BMS5117 |
Game Theory for Managers |
4 |
| BMS5119 |
Asian Family Business |
4 |
| BMS5122 |
Legal Fundamentals for Entrepreneurs & Managers |
4 |
| BMS5125 |
Sustainability Strategy |
4 |
| BMS5205 |
Business Analytics
|
4 |
BMS5208
|
Sustainable Supply Chains |
4 |
| BMS5506 |
Understanding & Influencing Consumers |
4 |
BMS5512
|
Marketing Analytics
|
4 |
| BMS5702A |
Asian Management and Leadership: Learning From Zheng He |
4 |
| Management of Technology-related |
| Course Code |
Course Title |
Units |
| MT5006 |
Strategic & New Product Development^ |
4 |
| MT5007 |
Management of Technological Innovation^ |
4 |
| IE5211 |
New Product Development^ |
4 |
| Technology-related |
| Course Code |
Course Title |
Units |
| 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 |
Human-Centred Intelligent Systems |
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 |
ST5227
|
Applied Data Mining^ |
4 |
^ Subject to approval
* Applicable to the AY2023/2024 cohort
† Offered once every two years starting Semester 2, AY2019/2020
For more details about the courses (e.g. laboratory-based or not, subsidy status), please click here.
View study schedule.
Note: For more information about the courses listed above (as well as other courses offered in the current academic year), please visit NUSMODS.
GRADUATION REQUIREMENTS
To graduate from the NUS MSc (Venture Creation) programme, students must meet the following requirements:
| Programme and/or Specialisation |
Read and pass a total of 40 Units, comprising:
- 28 Units of core/essential courses
- 12 Units of elective courses
- At least 8 Units from Specialised Electives
- Up to 4 Units from Generalised Electives
Note: Applicable to newly admitted students from August 2021 intake.
|
| Course and/or Qualification |
Not applicable
|
| Grade Point Average (GPA) |
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 (Venture Creation), or the University. |
FEES AND FINANCIAL ASSISTANCE
All fees for the NUS MSc (Venture Creation) programme quoted on this page are exclusive of prevailing GST, unless otherwise stated (GST rate will be increased from 8% to 9% with effect from 1 Jan 2024). The University reserves all rights to review fees as necessary and adjust accordingly without prior notice.
|
Tuition
|
S$50,000.00
(excluding GST) /
S$54,500.00 (including 9% GST)
Note: The tuition fees for this programme are payable based on the number of Units taken in a semester. The amount stated above is for 40 Units. Students who are required to take more than 40 Units for programme completion may be subjected to additional tuition fees.
|
|
Financial Assistance
|
Starting AY2023/2024, tuition fee rebates will be provided for this programme as an NUS Master's Degree by Coursework programme not subsidised by the government:
• All Singaporeans and Singapore PRs (non-NUS alumni) will receive a 10% tuition fee rebate*
• All NUS alumni will receive a 15% tuition fee rebate*
* Singaporeans and Singapore PRs may enjoy tuition fee subsidies under SkillsFuture Singapore (SSG); the tuition fee rebates mentioned above will apply only to those courses that are not SSG-funded.
Students in this programme have in the past been eligible for, or received funding support from:
• Master of Science (Venture Creation) Scholarship (Singapore Citizens, Singapore Permanent Residents and ASEAN nationals only) — These scholarships, which will cover the programme’s tuition fees (subject to terms & conditions), are offered on a merit basis. A separate application to be considered for the scholarship is not necessary.
• Master of Science (Venture Creation) Study Award (Singapore Citizens, Singapore Permanent Residents and ASEAN nationals only) — These awards, which will cover a portion of the programme's tuition fees (subject to terms & conditions), are offered on a merit basis. A separate application to be considered for the award is not necessary.
For more about loans and other financial assistance, please refer to the NUS Office of Admissions.
|
|
Application
|
S$50.00 (excluding GST) /
S$54.00 (including 8% GST, with effect from 1 Jan 2023);
S$54.50 (including 9% GST, with effect from 1 Jan 2024)
- Non-refundable and non-transferable
|
|
Acceptance
|
S$5,000.00 (excluding GST) /
S$5,400.00 (including 8% GST, with effect from 1 Jan 2023);
S$5,450.00 (including 9% GST, with effect from 1 Jan 2024)
- 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
|