Applicants should have a good NUS Honours degree (second class and above) or the international equivalent (e.g., a four-year Bachelors degree with at least an average grade of B or equivalent) in the subject or related field (e.g., finance, accounting, mathematics, statistics, physics, engineering, operations research); or a good Bachelors degree (at least an average grade of B or equivalent) in the subject or related field and successful completion of a placement test which is in the form of an oral interview to be conducted by at least three members of the Applied Economics Committee.
Applicants whose native tongue or medium of undergraduate instruction is not English should submit their TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System) score as evidence of their proficiency in the English language. The following minimum TOEFL score is required:
85 for the internet-based test (with a minimum score of 22 for the writing section); or - 580 for the paper-based test; or - 237 for the computer-based test.
Alternatively, an IELTS result of 6.0 is required.