Published on 7 February 2013
Singapore Polytechnic (SP) and Singapore Exchange (SGX) are partnering on a programme to develop and enhance the skills of investment professionals.
Initially focused on the Singapore stock market, the SGX-SP programme aims to train 100 professionals and individuals a year, adding to the pool of over 4,000 stockbrokers and dealers who are licensed as Trading Representatives in Singapore. The programme is also open to individuals keen on a career in the share market or wanting to improve their knowledge. The programme will also be marketed in the ASEAN region, in line with Singapore’s role as an international financial centre and SGX’s position as the Asian Gateway.
This is the first time SGX’s own school, SGX Academy is working with a polytechnic in Singapore to bring investing training to a Singapore and international audience.
The programme will cover products such as shares, exchange traded funds, bonds and structured warrants. Topics include features of the stock-broking industry and regulatory framework, dealing ethics and trading offences, fundamental analysis and stock evaluation, technical analysis and customer service skills.
SP and SGX expect to launch the programme in April 2013 with an initial pool of up to 60 participants in the first year. The programme will have a January and a July intake each year, and the size of each intake can be increased if demand is high.
Participants in the programme can earn continuous education points which they can use to help meet licensing requirements to become a Singapore Trading Representative.
On the collaboration with SGX, SP’s Director for the Professional & Adult Continuing Education Academy, Mr V. Maheantharan said, “Singapore Polytechnic has been at the forefront in training professionals for the banking, securities and financial industry. Graduating students from SP’s Diploma in Banking and Finance and the Diploma in Financial Informatics are well trained and ready to contribute to the local workforce. By partnering SGX for this programme, we hope to enhance and strengthen the standards for the professional adults in the industry”.
“When you as an investor consult a remisier or dealer who has undergone the SGX-Singapore Polytechnic programme, you can be assured of a professional equipped with investing knowledge, customer servicing skills and risk awareness. Leveraging our experience educating professionals at SGX Academy, this programme will help professionals and individuals upgrade themselves and in the longer term, enhance and strengthen Singapore’s lead as a global financial centre,” said Mr Chew Sutat, Executive Vice President at SGX.
About Singapore Polytechnic (www.sp.edu.sg)
Established in 1954 to meet the manpower needs identified by the government, Singapore Polytechnic (SP) is Singapore’s first polytechnic. Its 10 academic schools offer 50 full-time diploma courses for its 15,970 students and courses are kept relevant through close links with industry and government bodies, as well as with various overseas institutions.
SP offers broad-based, multi-disciplinary and flexible curriculum dedicated to hands-on experience. It is committed to the development of its applied research and development capabilities to enhance the quality of teaching and commercialisation efforts. Through Design Thinking, SP offers a revolutionary approach to education, allowing its students to look at problems from different perspectives, and strike a dynamic balance between intuitive and analytical thinking to provide impactful solutions.
Among SP's 166,800 graduates are successful entrepreneurs, top executives in multinational and public-listed corporations, and well-known professionals, many of whom are captains of industries, university professors and researchers, and leaders in government.
SP is the first polytechnic to be awarded the President’s Award for the Environment in 2010 and the President's Social Service Award in 2011.
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About Singapore Exchange (SGX)
Singapore Exchange (SGX) is the Asian Gateway, connecting investors in search of Asian growth to corporate issuers in search of global capital. SGX represents the premier access point for managing Asian capital and investment exposure, and is Asia’s most internationalised exchange with more than 40% of companies listed on SGX originating outside of Singapore. SGX offers its clients the world’s biggest offshore market for Asian equity futures market, centred on Asia’s three largest economies – China, India and Japan.
In addition to offering a fully integrated value chain from trading and clearing, to settlement and depository services, SGX is also Asia’s pioneering central clearing house. Headquartered in Asia’s most globalised city, and centred within the AAA strength and stability of Singapore’s island nation, SGX is a peerless Asian counterparty for the clearing of financial and commodity products.
For more information, please visit www.sgx.com