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IBF Accredited Programmes
IBF has accredited a wide range of training programmes under the IBF Standards. These include proprietary programmes of financial institutions and public-run programmes by commercial training providers.
Enhance Yours Skills with IBF Enhanced Funding Courses
IBF has accredited a wide range of training programmes under the IBF Standards. Below are the IBF Accredited Courses join and distinguish yourself with your education.
Benefits of attending an IBF Accredited Training Programme
- Job Relevant Skills:
IBF accredited programmes are designed to equip finance practitioners with the competencies needed for their jobs. Such programmes are aligned with the IBF Standards, which are developed in close consultation with the industry. - Mark of Quality:
IBF accredited programmes have a training and an assessment component and are subject to an independent and rigorous review by the IBF to ensure that the training institution and programmes meet industry standards.
- Industry Recognition:
Individuals who successfully complete an IBF accredited programme and meet the relevant criteria may apply for IBF Certification. Find out more about the benefits of IBF Certification here. - Subsidised Programme Fees:
Singaporeans and Singapore Permanent Residents who successfully complete an IBF accredited programme will be eligible to apply for co-funding the IBF Standards Training Scheme.
Frequently Asked Questions
IBF Accredited Programmes
Who is IBF?
The IBF is an independent quality assurance framework benchmarked under industry standards to get the finance practitioners future-ready by strengthening their financial capability and industrial skills.
What is the IBF-FTS funding all about?
The IBF financial training scheme provides funding for training and assessment programmes specifically to enhance the underlying competencies of the workforce in the financial/tech sector.
What is the Training Allowance Grant?
Training allowance grant supports banking, financial services and insurance organizations to provide industry-standard training with a focus to upgrade the skills of their employees.
Where can I find more information about this programme?
You can avail of more information about the IBF course and training programs here.
Which are the companies eligible to submit claims for company-sponsored participants?
The financial Institutions and fin-tech firms regulated by the Authority of Singapore can avail the benefit of course fee subsidy.
Who is eligible for IBF Funding?
Singapore residents and permanent residents can claim upto 90% subsidy. Participants need to pay only 5% + GST to attend the training.
UTAP Funding
What is UTAP funding?
The UTAP (Union Training Assistance Program) is a benefit provided to NTUC members for encouraging professional upskilling at a minimal cost.
Who can apply for UTAP support?
Singapore citizens and permanent residents can avail of UTAP support who are NTUC members.
How much amount can I claim under UTAP support?
UTAP provides upto 50% support of the course fee. It provides $250 for participants under 39 years and $500 for participants above 40 years.
How can I apply for UTAP support?
Login to NTUC to submit your application to claim UTAP support. You can also reach out to us @ for further support.
When can I use the UTAP funding?
UTAP funding can be claimed after the completion of the course only.
SkillsFuture Credit
What is SkillsFuture Credit?
SkillsFuture Credit is an initiative by the Singapore government to defray the training costs to encourage upgradation of skills specifically for finance/tech professions.
Who can apply for SkillsFuture Credit?
All Singaporeans aged 25 and above can avail of the benefit of SkillsFuture Credit. For more information, click here.
Can SMEs apply for SkillsFuture Credit?
No, the small/medium sized enterprises cannot apply for SkillsFuture Credit since it is provided only to individuals.
Is SkillsFuture a cash account? Will the interest be credited into my account?
No, SkillsFuture is not a cash account, it can be used only to offset course fees of completed training courses approved by SkillsFuture. Therefore you do not earn any interest from it.
Why cannot I use my SkillsFuture credit to directly pay the training partner?
The course fee of the training program is directly paid to the course provider through MySkillsFuture and you can avail directly from them.
How can I apply for SkillsFuture Credit?
You can login to MySkillsFuture, select the course and enter the details, enter course fee to be paid including GST and put the amount to be claimed. Upload invoice and click submit.
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