Floating Button
Home News Banking & finance

MAS launches $8 million to tap polytechnic talent for financial industry

The Edge Singapore
The Edge Singapore • 3 min read
MAS launches $8 million to tap polytechnic talent for financial industry
Minister of State Alvin Tan speaking at the launch of the scheme / Photo: MAS
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

In a bid to further grow and widen the talent pool for the local financial services sector, the Monetary Authority of Singapore will set aside $8 million over the next three years for the Polytechnic Talent for Finance scheme.

The scheme, which will be administered by the Institute of Banking & Finance (IBF), comprises three tracks.

First, internship opportunities for polytechnic students, to equip them with skillsets to be job-ready, and hired upon graduation. The scheme will fund 80% of monthly internship stipends, capped at $1,000 per month, for up to 12 months for qualifying interns.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.