TFIP FAQ: Click here

You may also be interested in the following resources:

Enhanced Training Support

Professional Career Advisory

Applications for the Technology in Finance Immersion Programme (TFIP) is now closed. 

To receive updates on our latest initiatives and resources for your career development in Financial Services, you may wish to subscribe to our mailing list here.

What is it?​

​The Technology in Finance Immersion Programme (TFIP) aims to help individuals gain experience in new technology areas, such as Artificial Intelligence, Cloud Computing, Cybersecurity, Data Analytics and Full Stack Development, within the financial services sector. 

It is jointly developed by the Institute of Banking and Finance (IBF) and Workforce Singapore (WSG), in consultation with Infocomm Media Development Authority (IMDA) and Monetary Authority of Singapore (MAS); and with the support and validation of participating financial institutions.

TFIP Roles.jpg

Trainees will acquire the necessary skills through (a) structured training with industry-recognised training providers and (b) an attachment with a leading Financial Institution.  

Who can apply?

Individuals who are passionate about pursuing a career in Artificial Intelligence, Cloud Computing, Cybersecurity, Data Analytics, or Full Stack Development and who fulfil the follo​wing pre-requisites may apply:
​​​•   Singapore Citizens or Permanent Residents
•   Graduated from school or completed National Service (whichever is later and where relevant) for at least 2 years prior at the point of application
•   No prior work experience in Artificial Intelligence, Cloud Computing, Cybersecurity, Data Analytics or Full Stack Development

​Other Requirements​​ ​
​For Artificial Intelligence, Cloud Computing, Cybersecurity and Full Stack Development ​For Data Analytics
​• Qualification in Science, Technology, Engineering or Mathematics (STEM) 
• Individuals who possess basic knowledge of computer​​ systems configuration and computer programming would be preferred
• Basic knowledge of 1 programming language
​• Qualification in Statistics, Applied Mathematics, Computer Science or other Quantitative fields

How does it work?

​Full-time/Part-time ​Full-time
​Duration of Programme: ​18 months (For Data Analytics)
24 months (For Artificial Intelligence, Cloud Computing​, Cybersecurity, Full Stack Development)

TFIP trainees will receive a monthly training allowance of S$5,500 for the entire duration that they remain on the programme. 
​Training Schedule:
​October 2020

Technology Areas​ Training Providers Broad Job Description
​Artificial Intelligence
DigiPen (Singapore) 
​Build, test, deploy and maintain AI tools and algorithms customised to the needs of the business units.
Cloud Computing SMU Academy

Evaluate, design, deploy and maintain various emerging and main stream cloud computing technologies. 


Bridging Minds

SMU Academy

Monitor and investigate cyber security threats and defend against them. Design and implement solutions to protect applications, systems and networks. Analyse security risks for future projects and help protect customers and the financial institution from cyber risks.
Data Analytics NUS Institute of Systems Science

Analyse data to find patterns that will help improve operations and business outcomes and build real time visualisation and analytics tools for business users.

Full Stack Development NUS Institute of Systems Science

Integrate front-end user-facing services and back-end processing services through coding, and constructing application programming interface (APIs) and microservices. 

Participating Financial Institutions

Technology Areas​ ​ ​ ​ ​
​Financial Institutions​​
Cloud Computing Cybersecurity Data Analytics
Full Stack Development
​AIA Singapore Pte Ltd

​Bank of Singapore

​Citibank N.A.

DBS Bank Ltd​​

Deutsche Bank

​Dymon Asia Capital (Singapore) Pte Ltd

​ECICS Limited

​FWD Singapore

​Goldman Sachs Services (Singapore) Pte. Ltd

​IFS Capital Limited

​J.P. Morgan

​LGT Bank

​Maybank Singapore

​Mizuho Bank Ltd 

Oversea-Chinese Banking Corporation Limited
​Philip Securities Pte Ltd

​Prudential Assurance Company Singapore (Pte) Ltd

Singapore E​xchange Limited


​Standard Chartered Bank

United Overseas Bank Limited

Key Programme Milestones*

​6 Apr - 12 May 2020
​Online Application
​Apr – May 2020
Online Technical Assessment for Eligible Applicants

Artificial Intelligence: Apr (1st batch) and May 2020 (2nd batch)
Cloud Computing: May 2020
Cybersecurity: May 2020
Data Analytics: 23 May (Sat), 11.00am
Full Stack Development#: 23 May (Sat), 9.00am

​Jun 2020
​Interview by Financial Institutions for Shortlisted Applicants (Applicants may be required to complete a personality test before attending the interview) 
​Jul 2020
Notification of Offer 
​Aug 2020
​Acceptance and Signing of Offer
​Oct 2020
​Training Commencement
* The above timelines are indicative and may be subject to change
#Applicants are required to complete a pre-assessment course on Codecademy before sitting for the assessment on 23 May. There is no cost to complete this course. Applicants are encouraged to commence the course as early as possible. Instructions to complete the pre-assessment course can be found here.

TFIP Info Sharing Webinar

IBF held an Information Sharing Webinar on 7 April 2020 where industry leaders shared about the latest developments and opportunities in the areas of Artificial Intelligence, Cloud Computing, Cybersecurity, Data Analytics and Full Stack Development. Programme partners also shared key requirements and details for each technology area in TFIP.

For clarifications, contact us at ​​​​