MAS to work with 5 polytechnics to shape curriculum for fintech

04 Oct 2016

Channel News Asia, 3 Oct 2016 - The Monetary Authority of Singapore (MAS) has signed a Memorandum of Understanding with the five local polytechnics to promote the development of skills in financial technology (fintech). MAS will work with the polytechnics and help shape the curriculum and engender greater alignment with the needs of the financial sector. In addition, MAS will facilitate fintech internship opportunities for final-year polytechnic students at financial institutions, regulatory bodies and start-ups. It will also facilitate joint projects between final-year students and potential partners in the fintech community in areas like developing mobile applications and cybersecurity. NP principal Mr Clarence Ti shared that in 2017, the polytechnic will start 100 fintech internships and build a pool of 100 fintech mentors. A new microsite, www.polyfintech100.sg, will allow companies to register their interest to provide internship or mentorship. Similar story reported in Lianhe Zaobao featured a second-year student from NP’s Diploma in Financial Informatics who wishes to join a start-up after graduation. He shared that the fintech internship opportunities will allow him to have a jumpstart in his career in the finance and technology industry. Similar story was also reported in Today, The Business Times, Berita Harian, Channel 8 News and e27.co.