Funding

The availability of funding varies from jurisdiction to jurisdiction. Funding is available in some jurisdictions for programmes of study leading to ICA qualifications. Examples are given below that illustrate where funding is available.

 

Bahrain

Tamkeen offers a career progression programme that provides funding, which supports Bahrain nationals in the development of their careers.

 

Isle of Man

Financial support for your studies may be available through the Isle of Man Department of Economic Development ‘Vocational Training Financial Support Scheme’. More information here.

 

Malaysia

Since 1977, the Institute of Bankers Malaysia (IBBM) has borne the standard of the financial services industry. Now known as the Asian Institute of Chartered Bankers (AICB), the Institute’s aim is to champion the vision of professionalising bankers by raising the industry relevance and standards of its education, as well as leading and upholding the esteemed Chartered Banker status.

 

Singapore

The Institute of Banking and Finance Singapore (IBF) works closely with the Monetary Authority of Singapore (MAS) to develop the professional competencies of financial practitioners in Singapore.

In addition to administering regulatory and industry examinations, IBF is the national accreditation and certification agency in Singapore.

IBF Funding available:

  1. IBF Standard Training Scheme (IBF-STS) provides up to 70% funding for direct training costs subject to a cap of S$7,000 per candidates per programme subject to all eligibility criteria being met.
  2.  IBF Financial Training Scheme (IBF-FTS) provides up to 50% for direct training costs subject to cap of S$2,000 per participant per programme subject to all eligibility criteria being met.

For more information on funding, IBF Certification and Continuing Professional Development (CPD) requirements, please visit: www.ibf.org.sg.

 
 

UK

The Ministry of Defence (MOD) provides an Enhanced Learning Credits Scheme (ELC), which is an initiative to promote lifelong learning amongst members of the Armed Forces. The ELC scheme provides financial support in the form of a single up-front payment in each of a maximum of three separate financial years.

Read more:

 


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