Industry Practice Master of Digital Economy
Where Innovation Meets Opportunity
APPLICATIONS NOW OPEN
36 MONTHS DURATION
S$86,709.50 Tuition Fee*
(as low as S$18,513.80 after maximum funding) Learn more
Applications Closes: 30 Jun 2025
Term Begins: Aug 2025
Two intakes yearly in Jan & Aug
*Fees may vary with module selection
About The Industry Practice Master of Digital Economy (IPMDE)
The IPMDE is a flexible, stackable postgraduate degree designed for professionals seeking industry-relevant skills. It allows learners to stack modular courses, engage in work-based learning through SMU-XL, and personalise their learning journey. As part of the pathway, learners can first complete an Industry Graduate Diploma (IGD), which provides a strong foundation before progressing to the IPMDE. With SkillsFuture funding covering up to 90% off skills-based modules, a modular structure for greater accessibility, and competency-based assessments, the IPMDE offers a customisable, career-advancing qualification that fits seamlessly into your professional growth.
Why Pursue The IPMDE?
1. Flexible & Stackable Learning Pathway
Earn your postgraduate qualification at your own pace by stacking modular courses and progressing from an IGD to the IPMDE—tailored for working professionals.
2. Work-Based & Hands-On Learning
Gain real-world experience through SMU-XL, where you apply your knowledge in industry settings, ensuring practical, job-ready skills that enhance your career.
3. Industry-Aligned & Future-Proof Skills
Stay ahead in the digital economy with a curriculum shaped by industry needs, equipping you with highly sought-after expertise in digital transformation and business innovation.
4. Highly Affordable with SkillsFuture Funding
Singapore Citizens and PRs can receive up to 90% fee subsidies, making this prestigious postgraduate qualification highly accessible and cost-effective.
5. Personalised Learning for Career Growth
Customise your journey with elective modules and competency-based assessments, ensuring you acquire skills that directly impact your professional success.
6. Recognised, Respected & Career-Boosting
Earn a globally recognised qualification from SMU, a leader in continuing education, and boost your credentials for career advancement in the digital economy.
Class Profile
Gender
3:7Typical Age Range
30 - 50Average Years of Work Experience
10 - 15 YearsIndustry Partners
100Testimonials
“I joined the IPMDE to deepen my understanding of the evolving digital landscape. The flexibility of stackable modules makes it an ideal choice for full-time professionals like me.”
Chong Zhen Shan Kadice
Class of 2024
“SMU offers a uniquely designed Master’s programme that is both engaging and beneficial for working professionals like myself. The programme provides flexibility and valuable opportunities for upskilling.”
Teh Ka-Hin
Class of 2024
“The calibre of trainers is top-notch and I can't wait to work on a project for my company! Above all, I know that I am getting a quality Master's.”
Catherine Cheong
Class of 2024
“The flexibility of the programme compared to a traditional Master's degree, along with the substantial 90% funding and modular payment options appealed to me!”
Toh Wei Kwan
Class of 2024
Accredited Trainers
Dr Kaushik Ghatak
Founder and Director
ValueQwest Pte. Ltd
Dr Sungjong Roh
Assistant Professor of Communication Management
SMU Lee Kong Chian School of Business
Derek Ariss
Director/ Head of Innovation Education
Innoventiem
Celine Chew
Head of Learning and Development
Straits Interactive
With an expanded modular format, learners’ have access to in-demand skills while providing the flexibility to adapt to the rapidly evolving digital economy.
Option A allows participants to first achieve an Industry Graduate Diploma (IGD) by completing the curated set of modules and passing the IGD exam. For those who choose to deepen their learning further can work pursue the Industry Practice Master of Digital Economy (IPMDE), offering a flexible path to build expertise while balancing their professional commitments.
Option B involves direct enrollment in the IPMDE. Participants will complete the IPMDE requirements alongside the IGD, including its associated exam to graduate with both the IPM and the IGD.
Participants will learn how to ‘go digital’ the right way by formulating a basic digital strategy and applying technology to redesign key work processes. They will also explore how to rethink the day-to-day management and monitoring of services to drive efficiency and innovation.
Participants will be introduced to the fundamentals of blockchain, cryptocurrencies and smart contracts. They will also gain insights into the advantages and limitations of blockchain technology and appropriate use cases. They will also learn to combine both legal and smart agreements in one cohesive process using techniques applied in the field, in aim to offer their clients the best of both worlds.
Participants will explore climate change through climate science, social science, and the humanities. The course examines its history, human impact, mitigation efforts, and challenges like urban heat and extreme weather, highlighting interdisciplinary approaches to understanding and addressing climate change.
Participants will learn the fundamental building blocks of digital making, including coding concepts and microcontrollers such as Micro:bit, Arduino, and Raspberry Pi. Participants will also gain hands-on experience in creating prototypes that respond to sound, touch, and light, bringing their ideas to life.
Participants will be introduced to four fundamental ingredients that contribute to a culture conducive to innovation. This course includes hands-on activities for participants to practice newly learned skills and discuss practical considerations. The course also discusses the innovation culture framework which consists of leadership, environments, systems & processes, passion & grit.
Participants will learn to look beyond the surface and dive deep into the potential of Artificial Intelligence (AI), Machine Learning (ML), and Deep Learning (DL). They will also explore how these powerful technologies can uncover valuable business insights, drive efficiencies, and create new opportunities.
Participants will learn to create reports using analytic and data visualisation tools, to build interactive dashboards for storytelling. They will also be exposed to the challenges of handling large-scale Big Data in practice.
Participants will learn the foundations of Artificial intelligence (AI) and Machine Learning (ML) and how to deploy "Intelligent" and "Cognitive" tools within Process and Service Design contexts.
Participants will learn about Immersive Media and how it disrupts businesses across the globe. They will explore Virtual and Augmented Realities, discovering how to leverage these technologies to enhance brand experiences and create new opportunities in their industries.
Participants will learn efficient techniques in data analysis and statistical thinking using R, a widely used open-source language for analytics. They will delve into statistical inference, modeling, and report reproduction, enabling them to interpret and evaluate data-based decisions for real-world applications effectively.
Participants will learn about the opportunities and challenges of an Artificial Intelligence (AI)-driven society, focusing on the importance of trustworthy and ethical AI development. They will prepare for roles in compliance, risk management, and governance.
Participants will learn the fundamentals of cloud computing through Amazon Web Services (AWS). They will gain insights into web programming and understand how to create web applications, setting a solid foundation for leveraging cloud technology
Participants will learn proven methods for analysing information, solving problems, and managing disagreements. They will gain critical thinking tools to foster empathy and professional growth, enabling them to stay curious, innovative, and collaborative in their work.
Participants will learn about the design thinking process, focusing on the key phases of Empathy and Ideation. They will also be introduced to three types of user research methods for uncovering users’ unmet needs, wants, and desires.
Participants will learn about the possibilities and real-world applications of Robotic Processing Automation (RPA). They will gain conceptual insights and technical knowledge to support the integration of RPA into their working environments, enhancing efficiency and productivity.
Participants will learn the core understanding of Governance, Risk, and Compliance (GRC) processes and capabilities. They will develop skills to integrate governance, performance management, risk management, and compliance activities effectively.
Participants will learn what machine learning is and how to leverage its insights without the complexity of mathematics and programming. They will focus on its practical applications in business, understanding how it can be utilised in their organisations.
Participants will learn how to write effective content for digital interfaces and develop the skills to craft engaging content that resonates with their target audience, drives engagement, and achieves product outcomes.
Participants will learn the skills needed to deliver engaging and effective business presentations tailored to diverse audiences. They will master fundamental techniques and digital tools to enhance audience engagement, gaining practical experience in crafting memorable presentations.
Participants will learn to use generative Artificial Intelligence (AI), specifically ChatGPT, as a personal assistant for written communication in the corporate world. They will discover how to effectively instruct ChatGPT to generate ideas, produce drafts, and enhance the clarity and flow of their writing.
Participants will learn about the concepts of 'Metaverse' and 'Web 3.0', which will provide a framework for understanding how the law might evolve to address the challenges posed by these new technological frontiers. They will also learn how to navigate Web 3.0 and its relationship to the Metaverse.
Participants will learn about blockchain technology and its significance in today’s digital landscape. They will explore real-world examples of blockchain implementations, such as Bitcoin and Ethereum, gaining a deeper understanding of its building blocks and applications.
Participants will learn about the Internet of Things (IoT) and how it transforms our physical world into a network of connected devices. They will explore the building blocks of IoT and the underlying technologies driving its revolution, understanding its impact on various industries.
Learners can personalise their learning through two options: ‘Design Your Own Course’ or pursuing industry-recognised credentials. This approach not only allows them to address their distinct learning needs, interests, and aspirations but also supports the development of Critical Core Skills of Adaptability, Learning Agility, and Self-Management, alongside industry-specific technical skills and competencies.
Learners will work on a project that engages them in solving a real-world problem for their employer or industry consultancy. They will be able to demonstrate their knowledge and skills by creating a solution prototype for project sponsors, developing content knowledge and Critical Core Skills like critical thinking, collaboration, creativity, & decision-making. Work-based learning offers adult learners valuable work-related experiences, applying academic and technical skills while enhancing employability. Learn more about SMU-X Lifelong Learning.
The Industry Graduate Diplomas (IGDs) offer a new, flexible approach to professional learning, empowering mid-career professionals and industry leaders to upskill, specialise, and stay ahead in the digital economy. As part of the revamped Industry Practice Master of Digital Economy (IPMDE), IGDs provide modular, industry-aligned pathways that can be stacked towards a full master’s degree or pursued independently for career growth.
Find out more here.
List of Industry Graduate Diplomas:
Digital Economy and Innovation
- Industry Graduate Diploma in Business Analytics for Data-Driven Decision Making with Python Programming
- Industry Graduate Diploma in Python Programming and Machine Learning
- Industry Graduate Diploma in Python Programming and Applied Data Analytics
- Industry Graduate Diploma in Web and Mobile Application Development
Data Governance and Compliance
- Industry Graduate Diploma in Data Governance and Management
- Industry Graduate Diploma in Data Protection
Supply Chain and Operations
- Industry Graduate Diploma in Digital Supply Chain and Intelligence
- Industry Graduate Diploma in Logistics and Supply Chain Management and Transformation
- Industry Graduate Diploma in Sustainable Procurement
- Industry Graduate Diploma in Strategic Procurement
Leadership and Management
- Industry Graduate Diploma in Applied HR
- Industry Graduate Diploma in Coaching
- Industry Graduate Diploma in Digital Health
Customer Experience
- (Launching Soon) Stay tuned for an upcoming Industry Graduate Diploma specialising in CXUX Management and Design
Competency-Based Exam
- Required after completing seven Programme Core modules
- Assesses application of knowledge, critical thinking, and problem-solving skills
- Demonstrates integration and application of knowledge in real-world scenarios
Individual Module Assessments
- Each Programme Core and Elective module has its own assessment. There will be 2 overarching exams; 1 for IPMDE and 1 for IGD.
How to Apply
Admission requirements
- A Bachelor’s Degree with at least 5 years of working experience; or
- A Diploma from a local polytechnic with at least 10 years of relevant work experience
Validity of stackable modules
- Up to 4 years. Requests for extension beyond the validity period of 4 years are subject to the review and discretion of the Academic Director, Lifelong Learning.
- In general, learners will be encouraged to complete the Industry Practice Master of Digital Economy within 3 years.
| Application Stages | Start Date |
|---|---|
| Online Application | Registration Closes on 30 Jun 2025 |
| Interview (Rolling Basis) | Jun 2025 Onwards |
| Term Commences | Aug 2025 |
Programme Fees & Funding
Programme Component | Singapore Citizen < 40years old; Permanent Resident; LTVP+ | Singapore Citizen ≥ 40years old | International Participant (Non-funded) |
|---|---|---|---|
| Application Fee1 | $109.00 | $109.00 | $109.00 |
| Registration Fee2 | $817.50 | $817.50 | $817.50 |
| Industry Graduate Diploma^ | $6,409.20 - $10,038.90* | $2,489.00 - $3,898*3 | $21,364.00 - $33,463* |
| Programme Core^ (7 modules) | $4,185.60 | $1,625.003 | $13,952.00 |
| Programme Electives^ (8 modules) | $5,362.80 - $8,093.25* | $2,082.80 - $3,143.25*3 | $17,876.00 - $26,977.50* |
| Personalised Learning | $3,270.00 | $3,270.00 | $3,270.00 |
| SMU-XL | $6,540.00 | $6,540.00 | $6,540.00 |
| Examination fees (IPMDE) | $1,090.00 | $1,090.00 | $1,090.00 |
| Examination fees (IGD) | $545.00 | $545.00 | $545.00 |
| Total | $28,274.42 - $35,634.75* | $18,513.80 - $20,983.00* | $65,509.00 - $86,709.50* |
1Paid upon application for the programme (non-refundable & non-transferable)
2Paid upon acceptance of the offer to the programme (non-refundable & non-transferable)
3SkillsFuture Level-Up Programme for Mid-Career Individuals (NEW). A SkillsFuture Credit (Mid-Career) top-up of $4,000 will be provided to Singaporeans aged 40 years and above to further offset out-of-pocket course fees for this programme. Applicable for the IGD (selected IGDs pending approval), Programme Electives, and Programme Core modules (except Climate Change: Past, Present and Future).
^Skills-based modules
* The final programme fees will vary based on the learner’s profile, chosen electives, and selected Industry Graduate Diploma (IGD).
* Please note that all fees indicated may vary in accordance to the individual selection of modules and electives.
- $272.50 Registration fee will be waived for direct IPM sign-ups.
- The above fees are inclusive of GST. Goods and Services Tax (GST) is a tax collected on behalf of the Singapore Government and will be charged at the prevailing rate.
Programme Component | Singapore Citizen < 40years old; Permanent Resident; LTVP+ | Singapore Citizen ≥ 40years old | International Participant (Non-funded) |
|---|---|---|---|
| Application Fee1 | $109.00 | $109.00 | $109.00 |
| Registration Fee2 | $817.50 | $817.50 | $817.50 |
| Industry Graduate Diploma^ | $2,489.00 - $3,898.00* | $2,489.00 - $3,898.00* | $21,364.00 - $33,463* |
| Programme Core^ (7 modules) | $1,625.00 | $1,625.00 | $13,952.00 |
| Programme Electives^ (8 modules) | $2,082.80 - $3,143.25* | $2,082.80 - $3,143.25* | $17,876.00 - $26,977.50* |
| Personalised Learning | $3,270.00 | $3,270.00 | $3,270.00 |
| SMU-XL | $6,540.00 | $6,540.00 | $6,540.00 |
| Examination fees (IPMDE) | $1,090.00 | $1,090.00 | $1,090.00 |
| Examination fees (IGD) | $545.00 | $545.00 | $545.00 |
| Total | $18,513.80 - $20,983* | $18,513.80 - $20,983.00* | $65,509.00 - $86,709.50* |
1Paid upon application for the programme (non-refundable & non-transferable)
2Paid upon acceptance of the offer to the programme (non-refundable & non-transferable)
^Skills-based modules
* The final programme fees will vary based on the learner’s profile, chosen electives, and selected Industry Graduate Diploma (IGD).
* Please note that all fees indicated may vary in accordance to the individual selection of modules and electives.
- $272.50 Registration fee will be waived for direct IPM sign-ups.
- The above fees are inclusive of GST. Goods and Services Tax (GST) is a tax collected on behalf of the Singapore Government and will be charged at the prevailing rate.
Programme Component | Singapore Citizen < 40years old; Permanent Resident; LTVP+ | Singapore Citizen ≥ 40years old | International Participant (Non-funded) |
|---|---|---|---|
| Application Fee1 | $109.00 | $109.00 | $109.00 |
| Registration Fee2 | $817.50 | $817.50 | $817.50 |
| Industry Graduate Diploma^ | $6,409.20 - $10,038.90* | $2,489.00 - $3,898.00* | $21,364.00 - $33,463* |
| Programme Core^ (7 modules) | $4,185.60 | $1,625.00 | $13,952.00 |
| Programme Electives^ (8 modules) | $5,362.80 - $8,093.25* | $2,082.80 - $3,143.25* | $17,876.00 - $26,977.50* |
| Personalised Learning | $3,270.00 | $3,270.00 | $3,270.00 |
| SMU-XL | $6,540.00 | $6,540.00 | $6,540.00 |
| Examination fees (IPMDE) | $1,090.00 | $1,090.00 | $1,090.00 |
| Examination fees (IGD) | $545.00 | $545.00 | $545.00 |
| Total | $28,274.42 - $35,634.75* | $18,513.80 - $20,983.00* | $65,509.00 - $86,709.50* |
1Paid upon application for the programme (non-refundable & non-transferable)
2Paid upon acceptance of the offer to the programme (non-refundable & non-transferable)
^Skills-based modules
* The final programme fees will vary based on the learner’s profile, chosen electives, and selected Industry Graduate Diploma (IGD).
* Please note that all fees indicated may vary in accordance to the individual selection of modules and electives.
- $272.50 Registration fee will be waived for direct IPM sign-ups.
- The above fees are inclusive of GST. Goods and Services Tax (GST) is a tax collected on behalf of the Singapore Government and will be charged at the prevailing rate.
IPMDE FAQ
The IPMDE is a flexible, personalised, industry-relevant continuing education pathway for adult learners, providing them with the opportunity to stack certificate courses, work-based learning, industry certifications and personalised learning towards an applied postgraduate degree. The IPMDE is skills-based and industry-relevant. Learners of the IPMDE have the flexibility to learn at their own pace and stack modules towards the IPMDE. The recommended duration for IPMDE is 3 years, but learners have the flexibility of up to 4 years to complete the degree.
The IPMDE offers learners a flexible and personalised learning experience, empowering them to pursue their professional goals at their own pace. Learners can stack modules and pursue industry certifications that align with their interests and aspirations.
One of the programme's key strengths is its integration with the industry through co-curation of SMU-XL projects. This unique approach ensures that learners gain real-world exposure and practical skills, enabling them to bridge the gap between theory and practice effectively.
Competency-based assessment places a strong emphasis on application, ensuring that learners not only acquire knowledge but also develop the ability to apply their skills in real-life scenarios. Career development coaches will be available to offer valuable support in career planning, enabling learners to make informed decisions and chart their professional trajectory effectively.
The IPMDE programme is designed for adult learners. The admission requirements include a bachelor's degree with at least 5 years of relevant work experience or a diploma from a local polytechnic with at least 10 years of relevant work experience. International learners may also enrol, but they will not be able to access SSG funding for the modules.
Yes, upon successful completion of the IPMDE, you will be invited to the SMU Commencement Ceremony.
The Industry Practice Master of Digital Economy (IPMDE) programme provides adult learners with industry-relevant skills, flexible learning pathways, and hands-on experience in real-world scenarios.
Upon successful completion of the Programme, you will be conferred an Industry Practice Master of Digital Economy degree from the Singapore Management University.
There are two intakes for the IPMDE yearly. One in January and one in August. Registration will open a few months in advance.
Yes, there is one asynchronous module for the IPMDE. It is the Climate Change: Past, Present and Future module under the Programme Core.
Delivery mode varies by module and may be either face-to-face (F2F) or online.
The exam will be held in-person at SMU, and each learner will need to bring their own device.
The recommended duration for the IPMDE programme is 3 years, but learners have the flexibility of up to 4 years to complete the programme.
Any request for extension beyond the validity period of 4 years is subject to the review and discretion of the Academic Director, Lifelong Learning. A validity period is recommended to ensure that the curriculum is up-to-date and relevant, given the short knowledge cycle for technology.
Yes, you will be exempted from modules that you have already completed, provided that they have been taken within the past 4 years.
Yes, you may take the modules in any order, but there are fixed dates scheduled for the modules in the Programme Core.
The trainers for the programme consist of adjunct lecturers from SMU as well as external trainers. They bring a diverse range of knowledge and insights to ensure a comprehensive and enriching learning experience for all participants.
The IPMDE programme is designed for working adults, primarily Singaporeans and Singapore Permanent Residents, who have a bachelor's degree with at least 5 years of working experience or a diploma from a local polytechnic with at least 10 years of relevant experience. The typical age group of participants is late 30s to 50s. The programme is ideal for individuals seeking to upskill or reskill in areas such as data protection and governance, digital supply chain and intelligence, and Applied HR, as well as those looking for a flexible and personalised learning pathway toward an applied postgraduate degree.
Each of the skills-based modules would have its own assessment, meeting SSG assessment requirements. On top of that, learners who enrol in the IPMDE will be required to take two additional assessments: Programme Core Assessment and Track Core Assessment.
The programme will be conducted both online (40%) and in-person (60%) depending on the respective modules.
Lessons are conducted on weekdays or weeknights, depending on the modules.
There will be a holistic admission process with criteria based on education qualification, relevant work experience and an interview. Applicants should have a Bachelor's degree with at least 5 years of relevant work experience or a diploma from a local polytechnic with at least 10 years of relevant work experience.
There will be an interview, but no entrance tests.
We would encourage learners with a Bachelor's degree to have at least 5 years of relevant work experience and learners with a diploma from a local polytechnic to have at least 10 years of relevant work experience. For interested applicants with less than the required years of relevant working experience, you may wish to apply, and we will review it on a case-by-case basis.
Currently, only the listed modules offered by the SMU Academy will be recognised for the IPMDE.
Please refer to the "Admissions" tab for the programme fees and funding available.
Yes. There is both an application fee and a registration fee per programme. Kindly take note that both fees are non-refundable & non-transferable.
The registration fees include matriculation, library/ computer account, insurance and other miscellaneous fees.
Our Course Policies apply for the respective modules in the Programme Core and Programme Electives.
The fees are non-refundable.
The respective fees apply. Please refer to the section on Programme Fees.
SSG funding is available for modules under the Programme Core and Programme Electives. The nett fee payable after SSG funding is reflected under the section on Programme Fees.
Yes, international students may apply for the IPMDE programme.
This will be on a case-by-case basis.
IPM candidates are matriculated and have access to resources such as access cards and the library.
Student Visas are not applicable for IPM as they are not full time programmes.
You can seek exemptions for up to 2 modules for similar courses taken at local polytechnics or universities. This can be done by submitting the relevant transcript and/or open cert for consideration.
Learners will need to attend an interview to assess their suitability for the course. This is done online. Upon acceptance, they will be notified via email.
Learners will receive an offer letter for the IPMDE programme.
This can be reviewed on a case-by-case basis by the Academic Director. The learner can provide the relevant documents upon registration for evaluation.
The Mid-Career SSG Training Allowance is currently not applicable.
Payments are made on a modular basis. Exam fees must be paid when signing up for the exam, following the same process as module payments. The IPMDE team will send learners the link to sign up for the exam once they have completed all modules or met the exam requirements.
SSG funding is available for modules under the Programme Core and Programme Electives. The nett fee payable after SSG funding is reflected under the section on Programme Fees.
ETSS is available for modules under the Programme Core and Programme Electives.
Participants are required to attain a minimum of 75% attendance and pass the associated assessment for each module under the Programme Core and Programme Electives to be eligible for SSG funding for the respective module.
