The late Lee Kuan Yew, often referred to as the founder of modern Singapore, aspired to the city state becoming the education hub of Asia — or, in his words, the “Boston of the East”.

This vision, together with Singapore’s geographical location, a government very favourable to business schools from overseas and the fact a plethora of multinational companies have chosen the city state for their regional headquarters, have made it an Asian leader in business education.

While competition among business schools is fierce, especially from markets such as China and Hong Kong, Singapore remains ahead in terms of both quality of education and employment opportunities, says Vincent Chin, global leader of public sector practice at management consultancy BCG.