Schemes and Initiatives

SkillsFuture Study Award for the Financial Services Sector

SkillsFuture Study Award for the Financial Services Sector helps Singaporean finance professionals develop and deepen their skills through a wide range of programmes.

Updated 14 Nov 2019

What It Is

The Monetary Authority of Singapore (MAS) introduced the SkillsFuture Study Award for the Financial Services Sector (SFSA) in 2015. The SFSA is targeted at Singaporeans in the early to mid-stages of their careers, and are committed to develop and deepen their skills. Awardees will receive a monetary award of S$5,000, which can be used to defray out-of-pocket expenses associated with the course(s) being taken. It can also be used on top of existing government course fee subsidies.

Find Out More About the Eligibility Criteria and Application

The SFSA is administered by The Institute of Banking and Finance (IBF) . IBF is the industry association established to foster and develop the professional competencies of the financial services sector.

For more information, you may visit https://www.ibf.org.sg/programmes/Pages/SFSA_IBF.aspx or contactfunding@ibf.org.sg ; or refer to SkillsFuture Study Awards main page: SkillsFuture Study Awards