Examples of Supported Courses
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:
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.
Evaluation Process
All applications are subjected to competitive selection process.
Note:
- Applicants who have met the eligibility criteria do not automatically qualify for the SkillsFuture Study Award.
- IBF’s decision is final and binding.
- IBF reserves the right not to disclose the reasons for approving or rejecting any application, and to reject any incomplete application.
- IBF is not liable or responsible for the accuracy, reliability or completeness of content or information published on other third-party websites on or in connection with the SkillsFuture Study Awards.
- If awarded, applicants will not be allowed to change their original course(s) as indicated in their application forms, unless for exceptional reason(s) deemed acceptable by IBF.
Discontinuation of the SFSA
The SkillsFuture Study Awards will be discontinued on 31 March 2022, as part of SkillFuture Singapore's broader effort to review existing schemes and prioritise resources for programmes that deliver stronger manpower development outcomes.
Request for Disbursement of Study Award Monies
For existing Study Award recipients who are requesting for Study Award monies, please prepare and submit the requests as follows:
i)
click here to fill in the online form; and
ii) submit the following document(s) via email to
sfsa@ibf.org.sg with subject header "Request for Study Award Monies: <<Application ID>> <<Tranche 1 or 2>>
(a) Tranche 1 S$1,500
- Letter of confirmation or letter of admission into the Programme; and
- Receipt and invoice for payment of the Programme fees.
(b) Tranche 2 S$3,500
- Document(s) indicating the successful completion of the Programme (e.g. Certificate of Completion)
All document(s) must be submitted in PDF format. Please note that your request will not be processed if we do not receive the above document(s).
Request Submission Timeline
Requests should be submitted to IBF within the prescribed timeline below:
a) Tranche 1 S$1,500 - within one month, (i) from the date of the letter of admission into the Programme, or (ii) from the date of the Letter of Undertaking, whichever is later.
b) Tranche 2 S$3,500 - within one month from the date of successful completion of the Programme as indicated in the supporting document.
Disbursement of Study Award Monies
The IBF has implemented PayNow as the payment mode for all disbursement of Study Award monies. PayNow enables secure e-payments without the need to collect and validate bank account details of the Study Award recipients. To receive the Study Award monies promptly upon approval, please ensure that you have
linked your NRIC to your PayNow bank account to facilitate IBF's disbursement. We cannot affect disbursement to mobile number-linked PayNow bank accounts. Failure to link your NRIC to PayNow accounts will result in delay in disbursement.
Enquiries