Polytechnics, fintech association sign MOU to better support students

02 Feb 2017

Channel News Asia, 1 Feb 2017 - NYP, NP, RP, SP and TP have signed a Memorandum of Understanding with the Singapore Fintech Association to prepare students to meet the demand for manpower in areas such as data analytics and cybersecurity. According to the Infocomm Manpower Survey in 2015, Singapore employers estimated there could be as many as 5,100 vacancies for roles within network and infrastructure from 2016 to 2018, with another 5,700 jobs in data analytics and cybersecurity. The collaboration will see more internships created for final-year polytechnic students across the industry. Students could intern at start-ups, financial institutions and regulatory bodies. The association also plans to launch 100 workshops for students conducted by industry experts on new technological, regulatory and other advancements in the banking and financial sector. The collaboration also supports the PolyFinTech 100 initiative, which was launched last October to develop a strong talent pool trained in financial technology to help Singapore become a smart financial centre. Similar story was reported in Channel 8 News, StraitsTimes.com, finnews.asia. In similar story reported by Yahoo News, Tech Wire Asia and Berita Harian, Clarence Ti, Principal of NP opined on the success of the PolyFinTech 100 initiative and the opportunities provided by the new collaboration NP is the SkillsFuture Sector Coordinator for Accountancy and Financial Service.