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Editorial
CAREERS
Singapore: a viable lifestyle choice
for today’s business leaders.
Once considered something
of a cultural backwater,
Singapore now vies with Hong
Kong at the heart of the Asian
economic tiger. Many of the
world’s biggest MBA-
employing businesses locate
their headquarters here and
2007 figures, provided by ith its large retail district and Singapore has an extremely low crime rate while
still retaining enough to offer expatriates plenty to
Contact Singapore, show that spend their money on. The government has spent
considerable energy on this aspect of the country,
over 30 per cent of the city W
international renown as a
squeaky-clean city, in which
hefty fines exist, even for
dropping chewing gum in making it increasingly attractive to outsiders in
public places, some travellers have compared Sin- order to develop the population to 6.5 million over
state’s employees are gapore – unfavourably - to a gigantic shopping the next 20 years and meet economic growth
mall. Though it lacks the chaotic fervour of Hong ambitions.
expatriates. Ross Geraghty Kong, or the disorder of Bangkok and the pollu- To some, this might seem overly planned, but
tion levels of both, Singapore is busy establishing the system is working. In 2007 a Pricewater-
finds out why, and whether itself as Asia’s top destination for lifestyle and busi- houseCoopers survey, entitled Cities of Opportu-
ness and is attracting ever more MBA-qualified nity, Singapore topped the table in the section
Singapore is a viable lifestyle expatriates. ‘Ease of doing business’. Additionally, a KPMG
Singapore is a rarity in international terms, a study named it ‘most cost-competitive place for
choice for today’s business city-state with a population of 4.4 million, (mar- business’ as recently as 2006, while the IMD
ginally greater than Sydney), where a population of World Competitiveness Yearbook (2005) labelled
leaders. Malay, Chinese and Indian descent merge with a it the ‘second most attractive environment for
stability of which they are justifiably proud. This highly-skilled foreigners’.
“Singapore is busy establishing itself as Asia’s top
destination for lifestyle and business and is attracting
ever more MBA-qualified expatriates”
seamless blending lends the city an enviable Little wonder then that Singapore is
breadth of eateries and nightspots, from street side attracting increasing numbers of MBAs.
noodles to glitzy waterfront restaurants. These are According to QS Research (QS
TopMBA.com
juxtaposed with world-renowned throwbacks to Applicant Survey 2007), international mobility
colonial days such as the grand Raffles Hotel, is one of the key reasons for aspiring leaders to
which is worth a visit, even as a curio, and is the take an MBA. This is a highly mobile, educated
best place in the world to get yourself a genuine population that is actively seeking other places
Singapore Sling. in the world to live for a few years. And while
While the nightlife and culture may seem to other first world nations struggle with planning
lack the dynamism of London or New York, highly-skilled immigration (the US, Australia and
14 TopMBA CAREER GUIDE
www.topmba.com
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