CFA Singapore – IBF Accredited Programmes

Founded in 1987, CFA Singapore is the first CFA chapter to be formed outside
of North America and one of the most active societies of the CFA Institute,
the not-for-profit global association of investment professionals that sets the
standard for professional excellence and credentials. CFA Singapore is the 7th
largest society globally with more than 3,500 members and organises about
100 events a year.
The mission of CFA Singapore is to lead the investment profession by promoting
the highest standards of ethics, education and professional excellence for the
ultimate benefit of society. This is implemented by member volunteers through
the following 8 committees: Advocacy, Asset Management, Candidate
Programmes, Career Development, Membership, Networking, Professional
Development & University Outreach.
In October 2016, CFA Singapore appointed Kaplan Learning Institute to be the
exclusive training provider for the CFA Singapore Research Programme Level
1 & 2, live and online preparatory courses for the Chartered Financial Analyst®
exams. CFA Singapore Research Programme Level 1 & 2 are accredited under
the Institute of Banking and Finance Singapore Standards Training Scheme
(IBF-STS).
For more information, please visit www.cfasingapore.org or email info@
cfasingapore.org.

The Chartered Financial Analyst^® (CFA^®) Programme is a globally recognised, graduate level curriculum that provides a strong foundation of real-world investment analysis and portfolio management skills along with the practical knowledge you need in today’s investment industry. It also emphasises the highest ethical and professional standards.

The IBF Standards (previously known as the Financial Industry Competency Standards or FICS) represent a set of competency standards developed by the industry, for the industry. It provides a practice-oriented development roadmap for financial sector practitioners to attain the necessary training to excel in their respective job roles.

The CFA Singapore Research Programme helps prepare graduates, young and mid-career professionals for entry level research analysts’ positions. It is ideal for anyone seeking employment and a career in investment research or a related field as they work towards a goal of attaining the CFA^® and becoming an IBF-certified practitioner. Further information on IBF certification can be found at www.ibf.org.sg/IBF_certification.html.

The CFA Singapore Research Programme (IBF Level 1) and CFA Singapore Research Programme (IBF Level 2) are developed for CFA^® Level 1 and Level 2 examination candidates respectively.

Course participants taking the CFA Singapore Research Programme (IBF Level 2) mostly have some Finance or Investment sector experience and prior completion of the IBF Level 1 programme is preferable although not a must.

Minimum Admission Requirement

Applicants must be either Singapore Citizens or PR and required to have a Bachelor’s Degree or equivalent.

Documents required:

• University transcripts & certificate
• A scanned copy of NRIC

IBF Standards Training Scheme (IBF-STS)

This programme has been accredited under the IBF Standards, and is eligible for funding under the IBF Standards Training Scheme (IBF-STS), subject to all eligibility criteria being met. Candidates are advised to assess the suitability of the programme and its relevance to their business activities or job roles. IBF-STS provides 70% funding for direct training costs subjected to a cap of S$7,000 per candidate per programme subject to all eligibility criteria being met.

With effect from 1 July 2016, Singapore Citizens aged 40 years old and above are eligible for 90% co-funding of direct training costs, subject to a cap of S$7,000 per participant per programme. For more information on funding, IBF Certification and Continuing Professional Development (CPD) requirements, please visit www.ibf.org.sg.

Who Are Eligible?

Self-sponsored Individuals
Non Company-sponsored participants are required to be Singapore Citizens or Singapore Permanent Residents physically based in Singapore.

Company-sponsored Individuals
Company-Sponsored participants are required to be Singapore Citizens or Permanent Residents, physically based in Singapore and staff* of Singapore-based financial sector entities being sponsored for the programmes. Financial sector entities would refer to financial institutions & entities regulated by MAS (either licensed or exempted from licensing). Entities that are signicantly involved in supporting financial sector activities will be assessed for eligibility on a case-by-case basis.

To qualify for IBF-STS funding, trainees must successfully complete the training programme (including passing all relevant assessments and examinations). Staff who attend a programme in the capacity of an instructor or facilitator, e.g. presenter/speaker/panelist are not eligible for IBF-STS funding.

* Qualifying expenses incurred on the training of both executive and non-executive staff, as well as staff employed on a short-term basis of less than one year (inclusive of contract staff and interns) will be eligible for funding under IBF-STS and FTS, subject to meeting the conditions under these schemes. License agents or representatives (i.e. financial advisors, traders, insurance agents, remisiers) representing a legal principal entity may be included in the claims of the principal entity.

*All prices are inclusive of the prevailing GST.

Local Students

• Download EduTrust Advisory Note | Local Student Contract | Student Handbook

Fee Protection Scheme (FPS) / Medical Insurance Coverage

Kaplan Financial has put in place requirements which include Fee Protection Scheme (FPS) and Medical Insurance Coverage under the EduTrust Certification Scheme regulated by the Committee of Private Education.

For more information, please visit www.cpe.gov.sg

FPS (Paid for by Kaplan Learning Institute)

FPS is applicable to ALL students (regardless of nationality and the type of passes, i.e. dependent’s pass, student’s pass, work permit etc).

It is mandatory for all students to apply for FPS and sign a student contract when they enroll for courses with any Private Education Institution (PEI) with EduTrust Certification.

International Students – insurance premium is computed at 0.45% of the fee payable plus 7% GST capped at minimum insurance premium of S$8.56. The FPS premium is based on a fixed rate of the course fees and payable upon enrollment per intake.

CFA Institute does not endorse, promote, or warrant the accuracy or quality of the products or services offered by Kaplan Financial (Part of Kaplan Learning Institute Pte Ltd).

CFA Institute, CFA^® and the Chartered Financial Analyst^® are trademarks owned by CFA Institute.