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*Refers to work experience with Singapore-based financial institutions (licensed or exempt from licensing by MAS), firms that provide professional services to financial industry (e.g. consulting firms, law firms) or FinTech firms certified by Singapore FinTech Association.
Applicants are required to submit the gross course fees and declare all awards, scholarships, grants and government funding so as to derive the amount of net course fee. For this, please contact the institution for the prevailing rates on the selected course of study.
Please see illustration on how the net course fee is derived by self-sponsored individual receiving government funding. Individuals who have received full employer sponsorship will not qualify for the award.
Course fee |
S$12,000 |
IBF Standards Training Scheme (IBF-STS)* : 90% Course fee support (capped at S$7,000) |
S$(7,000) |
Co-payment after funding support | S$5,000 |
Less: SkillsFuture Credit (SFC) |
S$(500) |
Net course fee payable by self-sponsored individual | S$4,500 |
SFSA (To defray net course fee payable by self-sponsored individual) | S$5,000 |
Supported courses should deepen skills in areas including insurance, asset and wealth management, compliance, risk management, data analytics, IT and cyber security.
Supported courses include, but are not limited to, short-term executive technical courses and specialist diploma programmes such as:
Course | Institution |
Advanced Diploma in Data Analytics and Machine Learning | SMU Academy |
Artificial Intelligence Implications for Business Strategy | MIT Sloan Executive Education |
Cross-Border Business and Finance Law in Asia | Singapore Management University – School of Law |
Data Analytics Course | General Assembly |
Financial Risk Manager Certification Training Program | National University of Singapore - Risk Management Institute |
Graduate Certificate in Intelligent Reasoning Systems | National University of Singapore - Institute of System Science |
Graduate Certificate in Machine Learning and Applications | National University of Singapore - School of Computing |
ICA International Diploma in Financial Crime Prevention | International Compliance Association |
Intensive Bank Analysis | Fitch Learning Singapore Pte Ltd |
Machine Learning from Data to Decisions | Massachusetts Institute of Technology Professional Engineering |
Managing Risk in the Information Age | Harvard University |
NUS RMI Specialist Diploma in Credit Risk Management – Corporate Banking | National University of Singapore - Risk Management Institute |
Oxford Entrepreneurship Venture Finance Programme | University of Oxford Said Business School |
Oxford Fintech Program | University of Oxford Said Business School |
Python for Finance | London Financial Studies Asia Pte. Ltd. |
STEP Certificate and Diploma in International Trust Management | CLT International Limited |
STEP Professional Post Graduate Diploma in Private Wealth Advising | CLT International Limited |
These are examples of supported courses, and the list is not meant to be exhaustive. Applicants may submit other courses for consideration.
All applications are subjected to competitive selection process.
Note:
If you need further assistance, please email us at : [email protected]
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