The Technology in Finance Immersion Programme (TFIP) aims to help individuals gain experience in key technology areas, such as agile IT project management, artificial intelligence, business analysis, cloud computing, cybersecurity, data analytics, software engineering and technology, information and cybersecurity risk within the financial services sector.
The program is managed by the Institute of Banking and Finance (IBF), with the support of Workforce Singapore (WSG), Infocomm Media Development Authority (IMDA), Monetary Authority of Singapore (MAS), and 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 the following 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:
Classes will be conducted in person, between 9:00 a.m. and 5:00 p.m. on Mondays to Fridays, except Public Holidays, with a total of 720 contact hours.
Curriculum Modules
Below are the modules that trainees will take during the classroom learning. The duration for each module is 15 days with 90 contact hours.
Data Analytics Track — Data Analytics and Data Engineering
Learning Objectives:
Modules:
- Programming Methodologies: Python
- Programming Paradigms: Advanced Python
- Data Structures and Algorithms with Python
- Databases and Data Modeling
- Applied Mathematics and Statistics for Data Analytics
- Data Visualization
- Data Engineering: Big Data Technologies
- Introduction to Machine Learning
Software Engineering Track (Java) — Full Stack in Software Development with Java
Learning Objectives:
Modules:
- Programming Methodologies: Java
- Programming Paradigms: Advanced Java
- Data Structures and Algorithms with Java
- Databases and Data Modeling
- Computer Networks and Network Security
- Backend Development with Java
- Web Programming
- Modern Full-Stack Development with Java
Prerequisites
Mid-career individuals who are passionate about pursuing a technology career in the financial services sector and who fulfil the following eligibility criteria and pre-requisites may apply:
*Does not apply to publicly traded shares in listed companies
**For non-publicly listed companies, refers to individuals with shareholding per ACRA profile
Course Fee and Training Allowance
- The course fee is fully funded by the IBF and partnering financial institutions.
- The total course fee per trainee is $26,000.
- Trainees will be given a monthly training allowance of S$5,500 for 18 months.
Assessment Methods
Trainees will be assessed by the following:
- Attendance
- Assignments
- Lab Exercise
- Quizzes
- Examination
Graduation Requirement
Trainees must maintain a minimum of 80% attendance for each module and a minimum grade of 70% (overall) in order to graduate from the course and receive certification.
Certification
Trainees who meet the Graduation Requirement will be issued a Specialist Diploma in their specialization track by DigiPen (Singapore).
Upon completing the classroom learning, graduates will undergo the 12-month On-the-Job Training (OJT) at their respective financial institutions.
Application Details
Classes will commence in December 2022. Please visit the IBF website for more details.
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 Laptop Recommendations page for the laptop specifications.