This 10-months part-time programme is suitable for executives who wish to be technically equipped for managerial positions in the fund management & administration industry. The programme consists of 6 modules to be taken over 3 terms.

In Module 1, “Financial Instruments & Transactions”, the curriculum aims to provide participants with a broad-based understanding and knowledge of financial transactions and instruments such as shares, bonds, option, futures.

In Module 2, “Fund Administration & Accounting”, the curriculum aims to provide participants with a basic understanding of the accounting principles and concepts with respect to fund administration as well as an understanding of the accounting and valuation aspects of the various types of investment instruments. The module will also discuss professional ethics, corporate governance and code of conducts. Students will have a fundamental understanding of fund structures, international fund jurisdiction and role of fund administrator. Participants are also provided with an overview of regulatory framework and the key regulations and legislation applicable to the financial services industry in Singapore.

In Module 3, “Alternative Investments & Hedge Funds”, the curriculum aims to provide participants with a basic understanding of alternative investments like ETFs, Commodities, Managed Futures, Credit Derivatives, private Equity, Real Estates and hedge Funds. Participants will be given an overview of regulations governing Collective Investment Schemes (CIS) in Singapore and Undertakings for Collective Investment in Transferable Securities (UCITS) in Europe.

In Module 4,” Global Securities Operations”, the curriculum aims to provide participants an understanding of securities industry and the various stakeholders, especially the operations of a custodian. Participants will gain an understanding of the process of settlement and custody, asset servicing and other value added services.

In Module 5, “Risk Management”, the curriculum aims to provide participants with an understanding of operation risks encountered in financial services industry in general, and in fund operations and administration in particular. Participants will gain the fundamental understanding of major risk categories such as market risk, credit risk and operational risk and the process of error management and risk mitigation.

In Module 6, “Integrated Project”, participants will have opportunities to demonstrate their understanding of various aspects of fund management and administration which are covered in various modules and apply their skills in a project work.

The programme is FICS accredited. The curriculum is up-to-date and comprehensive, jointly developed and endorsed by senior industry practitioners. Many industry practitioners are invited as guest lecturers and speakers to share their expertise experience and domain technical knowledge. Both the guest lecturers and participants sent by the financial institutions provide good networking opportunities for all participants. The program adopts a hands-on approach to learning, with classroom exercises, case studies and project work.

This programme is developed by full-time lecturers from School of Business of Management in Nanyang Polytechnic, with much input and advice from the senior industry practitioners. The modules are taught by a team of lecturers, augmented by guest lecturers and speakers from the industry.

Programme Duration : 10 months
Intakes : 9 March 2009 (3rd Intake)
Class Schedule : Classes held twice a week (Monday and Thursday, 7pm-10pm)
Venue : School of Business Management, Nanyang Polytechnic

Total course fee per participant is as follows

•	For employees sponsored by Financial Institutions - S$6,080 (including 7% GST) before FICS funding; after 90% FICS funding, the total fee is $966 (incl. GST) assuming the participant is eligible for FICS funding under FSDF scheme
•	For individual applicants -
	o	Singapore Citizen - $600 (incl. GST) after MOE subsidies
	o	Singapore PR - $660 (incl. GST) after MOE subsidies

The programme is accredited under Job Role IV. A person in this role would have the following job responsibilities:

• Responsible for performing a specialist role in a fund administration function.
• Assumes limited supervisory oversight responsibilities for a group of fund administration junior staff.
• Possesses some personal accountability, decision-making authority and risk management skills.
• Operates in an environment which is largely routine, predictable and complex.

For more information on the accreditation details, please click here

New and existing staff of the fund management & administration industry who wants to upgrade their skills as well as potential entrants to the fund management and administration industry with a tertiary education who wish to make mid-career switch.

For enquiries, please contact:
Helen_Tan@nyp.gov.sg (Tel: (65) 6550-1062)
Sandra_Teo@nyp.gov.sg (Tel: (65) 6550-1137)
Web Site: http://www.nyp.edu.sg/SBM/sbm_speaciadip_fundmgmt.html