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Overview

The Technology in Finance Immersion Programme (TFIP) aims to help individuals gain experience in key technology areas, such as Artificial Intelligence, Cloud Computing, Cybersecurity, Data Analytics, Software Engineering, Technology Product Management, Business Analysis, Digital Marketing, Agile IT Project Management, and User Experience Design within the financial services sector.

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

Trainees will acquire the necessary skills through structured training with industry-recognized training providers and an attachment with a leading financial institution.

DigiPen (Singapore) is the training provider for artificial intelligence, data analytics and software engineering tracks. TFIP trainees will be equipped with strong foundations and robust backgrounds in their specializations that will serve them well in financial institutions.

Duration

This is a full-time, 18-month program consisting of:

  • Classroom learning (six months)
  • On-the-job training (12 months)

Prerequisites

Individuals who are passionate about pursuing a career in artificial intelligence, data analytics, or software engineering and who fulfill the following pre-requisites may apply:

  • Singapore Citizens or Permanent Residents
  • Graduated from school and completed National Service (whichever is later and where relevant) for at least two years
  • No prior work experience in artificial intelligence, data analytics, or software engineering
  • Tertiary qualification (Diploma/Degree) in Science, Technology, Engineering, or Mathematics (STEM) OR a quantitative field (for data analytics only)
  • Basic understanding of computer systems configuration
  • Basic knowledge of one programming language
  • Any applicant with outstanding obligations to previous sponsorship(s) will not be allowed to participate
  • Must not be a shareholder* of the hosting financial institution or its related entities
  • Must not be owner(s)** of the hosting financial institution
  • Must not be immediate ex-staff of the hosting financial institution or related entities

*Does not apply to publicly traded shares in listed companies
**For non-publicly listed companies, refers to individuals with shareholding per ACRA profile

Certification

DigiPen (Singapore) will issue a Specialist Diploma to the successful graduates of the TFIP.

Application Details

Classes will start in December 2021. Please apply for the TFIP here.

Technical Assessment

  • Only those applications which meet the prerequisites will be further shortlisted, except for exceptional cases.
  • Shortlisted applicants will be invited to complete an online technical assessment. Successful candidates will then be invited for an interview with IBF.

Note

Selected trainees will be required to bring their own laptops for the six months of the classroom learning. Please visit our Computer Recommendations page for the laptop specifications.

Questions?

Please email tfip[at]ibf.org[dot]sg. You may visit ibf.org.sg for more information.