Empower Your Finance Career with IBF-STS Coding Courses

Introduction

The IBF Standards Training Scheme (IBF-STS) plays a pivotal role in empowering Singapore’s financial sector by providing comprehensive funding support for industry-relevant training programs. Established by the Institute of Banking and Finance Singapore (IBF), the scheme aims to upskill and reskill finance professionals to meet the ever-evolving demands of the industry.

Whether you’re an experienced financial analyst, data specialist, or aspiring finance professional, enrolling in an IBF-STS accredited course can give you a significant career boost by enhancing your expertise and keeping you competitive in the field.

Benefits of IBF-STS Coding Courses

One of the standout features of IBF-STS courses is the substantial financial support provided to eligible participants. This funding helps offset a significant portion of course fees, making advanced training more accessible and affordable.

By participating in an IBF-STS accredited program, professionals not only invest in their personal growth but also position themselves for career advancements through specialized skills and certifications recognized across the industry.

The courses are meticulously designed to align with industry best practices, ensuring participants gain actionable knowledge and practical skills that can be applied directly in their professional roles.

What are IBF-STS Funded Courses?

IBF-STS funded courses are training programs approved under the IBF Standards Training Scheme (IBF-STS), which was established by the Institute of Banking and Finance Singapore (IBF). The purpose of these courses is to align training with the specific needs of the financial services industry in Singapore. By providing funding support, IBF aims to encourage professionals to upskill and stay competitive in their respective fields. The courses cover various domains such as finance, data analytics, risk management, cybersecurity, and more, equipping participants with industry-relevant skills and knowledge.

Eligibility Criteria for IBF-STS Subsidy

The IBF-STS course subsidy caters to both self-sponsored and company-sponsored individuals, enhancing its reach within the financial sector.

Eligible individuals include Singapore Citizens or Singapore Permanent Residents who are physically based in Singapore and have completed an IBF-STS accredited course, including passing all relevant assessments and examinations.

Eligible companies encompass Singapore-based financial institutions regulated by the Monetary Authority of Singapore (MAS), whether licensed or exempt from licensing by MAS, and FinTech firms certified by the Singapore FinTech Association (SFA), ensuring that the subsidy supports organisations at the forefront of financial innovation and regulation.

IBF-STS funded courses are designed for a wide range of professionals in the financial services sector. Those who can benefit from these courses include:

• Finance Professionals: Individuals working in banking, investment, and financial planning who need to stay updated with the latest trends and regulatory standards.
• Analysts: Data analysts and financial analysts looking to strengthen their analytical skills and gain deeper insights into market trends.
• Data Specialists: Professionals engaged in data science, data analytics, or related fields who wish to acquire more specialized knowledge relevant to the finance sector.
• Risk Management Experts: Those involved in assessing and managing financial risks who want to enhance their understanding of risk analytics and strategic mitigation.
• Cybersecurity and IT Professionals: Individuals tasked with protecting financial data and systems who need advanced training in cybersecurity protocols.

Understanding the IBF-STS Subsidy

The IBF–STS subsidy is a financial support mechanism designed to encourage and facilitate the upskilling of professionals within Singapore’s financial sector. By offering up to 70% funding for accredited training and assessment courses, it aims to elevate the proficiency of the workforce. Focused on programmes recognised under the Skills Framework for Financial Services, IBF–STS ensures that learning opportunities are both high in quality and directly relevant to the industry’s evolving demands. The objective is to equip finance professionals with the necessary skills to adapt and thrive, thereby reinforcing Singapore’s standing as a global financial leader. This alignment accentuates the commitment to fostering a continuously learning and dynamically skilled financial workforce, crucial for the sector’s ongoing growth and innovation.

IBF-STS Funding Details

Effective 1 January 2022, changes to the IBF-STS funding include a reduction in the percentage of covered costs. Previously at 90% and 70%, the support levels will now be 70% and 50%.

Starting on 3 October 2022, the IBF-STS funding structure will be streamlined. GST will not be covered under the funding.

How to Apply for the IBF-STS Subsidy

To apply for the IBF-STS subsidy, follow these step-by-step guidelines:

1. Select an Eligible Course: Begin by choosing an IBF-STS accredited course that matches your professional development goals, like those available at Heicoders Academy. You can find IBF-STS–supported courses via the IBF portal.
2. Verify Eligibility: Ensure you meet the eligibility criteria as a Singapore Citizen, Permanent Resident, or part of an eligible organisation within the financial sector.
3. Register via the Course Provider’s Website: Register for the course via the course provider’s website. For instance, you can apply for the course via our registration page. The course provider will then submit the IBF claims on your behalf to IBF.

Please note that the application process and required documentation may vary slightly based on specific course requirements and any IBF policy updates. Always refer to the latest information on the IBF website or contact Heicoders Academy for the most current guidance.

Profitable Stock Trading Course with Technical Analysis

The Profitable Stock Trading with Technical Analysis Course at HeiCoders Academy is designed to provide participants with in-depth knowledge and hands-on experience in technical analysis. This course covers essential modules that include chart pattern recognition, technical indicators, risk management strategies, and the psychology of trading. The main learning objectives are to equip learners with the skills to analyze stock market trends, interpret trading signals, and apply strategic entry and exit points to maximize profitability.

• Learning Objective: Equip participants with practical knowledge of technical analysis for stock trading.
• Level of Expertise Required: Beginner
• Fees: SGD 780 for Singaporeans aged 40+ (70% IBF Subsidy); SGD 1,180 for Singaporeans <40 and all PRs (50% Subsidy); SGD 1,380 for non-Singapore Citizens and non-PRs (40% Subsidy).
• Course Highlights:
  • Master Chart Reading: Develop the ability to read and utilise common stock charts, such as candlestick charts, essential for informed trading decisions.
  • Understand Price Movements: Gain insights into price movements by analysing moving averages and volume, allowing for more accurate market predictions.
  • Identify Key Patterns: Learn to recognise crucial chart patterns like the cup and handle and double bottom, aiding in the identification of profitable trading opportunities.
  • Apply Fundamental Analysis: Integrate fundamental analysis into your trading strategies, enhancing your ability to evaluate and forecast market trends.

AI100: Python Programming and Data Visualisation

The AI100 course introduces beginners with no programming background to data analysis and visualisation using Python, emphasising its application in finance. This online course, spanning eight lessons of three hours each on Zoom, is tailored for finance professionals aiming to leverage data insights in their work. Participants will learn to analyse and visualise data, a vital skill for informed decision-making.

The course, part of the AI and DA Nanodegrees, is accessible with IBF, SkillsFuture, and UTAP subsidies, reducing fees to as low as $720 for eligible Singaporeans. Led by an experienced instructor and supported by teaching assistants, the course offers personalised learning, ensuring no prior experience is needed.

• Learning Objective: Build a solid Python foundation, master data analytics and visualisation, and apply skills in real-world scenarios.
• Level of Expertise Required: Beginner
• Fees: SGD 936 for Singaporeans aged 40+ (70% IBF Subsidy); SGD 1,416 for Singaporeans <40 and all PRs (50% Subsidy); SGD 1,656 for non-Singapore Citizens and non-PRs (40% Subsidy). Additional UTAP support available for eligible NTUC members.
• Duration: 8 lessons, 3 hours each
• Course Highlights:
  • Python Syntax & Data Structures: Master Python programming basics, setting a solid foundation for further learning.
  • Data Manipulation with Pandas: Learn to clean and manipulate data effectively using Pandas.
  • Data Visualisation: Gain skills in presenting data visually to support insightful decision-making.

AI200: Applied Machine Learning

The AI200 course demystifies machine learning basics, equipping participants with the skills to employ machine learning models to make micro-decisions for companies to improve business outcomes. Conducted online, it consists of eight sessions lasting three hours each, delivered via Zoom. Designed for those intrigued by technology and problem-solving, this course encourages practical learning through real-world projects.

Included in both AI and DA Nanodegrees, AI200 is notable for its beginner-friendly yet industry-relevant approach. Prerequisites are minimal, requiring only a basic understanding of Python. With IBF, SkillsFuture, and UTAP subsidies, course fees can be reduced to $720 for qualifying Singaporeans. An expert instructor, aided by one to two teaching assistants, ensures a supportive learning environment, making advanced technology skills accessible to all.

• Learning Objective: Gain a thorough understanding of Machine Learning principles, apply practical data analysis techniques, and develop critical thinking skills for creative problem-solving in various sectors.
• Level of Expertise Required: Beginner
• Fees: SGD 936 for Singaporeans aged 40 and above (70% IBF Subsidy); SGD 1,416 for Singaporeans below 40 and all PRs (50% Subsidy); SGD 1,656 for non-Singapore Citizens and non-PRs (40% Subsidy). Additional UTAP support available for eligible NTUC members.
• Duration: 8 lessons, 3 hours each
• Course Highlights:
  • Data Transformation and EDA with Pandas: Learn how to prepare and analyse data effectively.
  • Supervised Learning with Regression: Master techniques for predictive modelling.
  • Feature Engineering with Pandas: Enhance your data features for improved machine learning models.

DA100: Data Analytics with SQL and Tableau

The DA100 course opens the gateway to data analytics for beginners, offering the essential tools of Structured Query Language (SQL) and Tableau to unveil insights from data. This seven-session data analytics course, accessible through Zoom, is ideal for professionals across various sectors aiming to enhance their decision-making capabilities with data analytics.

Part of the DA Nanodegree, DA100 transcends technical skill acquisition, positioning data analytics as a transformative skill for anyone in today’s data-centric environment. With IBF, SkillsFuture, and UTAP subsidies, the course becomes highly accessible, reducing fees to as low as $630 for eligible Singaporeans. Led by an experienced instructor and supported by teaching assistants, DA100 fosters proficiency in data dashboard creation in Tableau and empowers participants to navigate and lead in the data-driven world.

• Learning Objective: Equip students with foundational skills in data analytics, SQL, and Tableau, enabling them to effectively manage, visualise, and apply data in real-world fintech scenarios.
• Level of Expertise Required: Beginner
• Fees: SGD 819 for Singaporeans aged 40 and above (70% IBF Subsidy); SGD 1,239 for Singaporeans below 40 and all PRs (50% Subsidy); SGD 1,449 for non-Singapore Citizens and non-PRs (40% Subsidy). Additional UTAP support for eligible NTUC members.
• Duration: 7 lessons, 3 hours each
• Course Highlights:
  • SQL Database Skills: Learn from the basics to advanced database management.
  • Tableau for Visualisation: Gain the ability to create interactive data visualisations.
  • Capstone Project: Apply your skills in a practical project that addresses real-world data problems.

SE100: Responsive Web Development

The SE100 course equips participants with the fundamental skills required in software engineering, catering to a growing demand across various industries. This beginner-friendly course, requiring no prior background, is structured over ten online sessions via Zoom, each lasting three hours, and is an integral part of the SE Nanodegree.

As digital technology becomes increasingly embedded in our daily lives and workspaces, the ability to develop software is becoming an essential skill. SE100 introduces coding and application development, enabling participants to tackle real-world problems, optimise tasks, and enhance digital experiences across sectors.

With IBF, SkillsFuture, and UTAP subsidies, course fees are significantly reduced, starting at $720 for eligible Singaporeans. An experienced instructor, supported by one to two teaching assistants, guides participants through the curriculum, ensuring personalised attention. This course prepares learners for diverse career paths in digital and traditional sectors and future-proofs their skills in the tech-driven landscape.

• Learning Objective: Equip learners with essential skills in software development, covering web technologies, application development, and software testing methodologies.
• Level of Expertise Required: Beginner
• Fees: SGD 936 for Singaporeans aged 40 and above (70% IBF Subsidy); SGD 1,416 for Singaporeans below 40 and all PRs (50% Subsidy); SGD 1,656 for non-Singapore Citizens and non-PRs (40% Subsidy). Additional UTAP support available for eligible NTUC members..
• Duration: 8 lessons, 3 hours each
• Course Highlights:
  • Web Technologies: Gain a solid grounding in HTML, CSS, and JavaScript for front-end development.
  • Application Development: Learn to build dynamic web applications using Node.js and Express.js.
  • Software Testing: Master software testing and version control for maintaining high-quality software solutions.

Advance Your Finance Career 

Utilising the IBF-STS for professional development through Heicoders Academy broadens your skillset and strategically positions you for success in the dynamic finance sector. We encourage you to seize this opportunity to elevate your career with our comprehensive IBF–STS coding courses designed to meet the evolving needs of finance professionals. These courses offer a pathway to career advancement, enabling you to stay competitive and relevant in the industry. For more details on our course offerings or to enrol, please visit our website or contact us directly at +65 8801 9333.