IBF Golden Jubilee ITE Scholarship: 2025 Finance Internship Track
Download printable cheat-sheet (CC-BY 4.0)01 Oct 2025, 16:40 Z
TL;DR
IBF's Golden Jubilee Scholarship grants S$3,000 and a five-month industry internship to top ITE Higher Nitec Year 2 students headed for finance careers—no bond, but you'll be fast-tracked into the sector's talent pipeline.
Scholarship Snapshot
- Status: Application Cycle Closed (last checked 2025-10-01)
- Official Listing: IBF Golden Jubilee ITE Scholarship
- Who It Targets: Second-year Higher Nitec students in business, electronics, or infocomm tracks with strong grades and banking aspirations
- Eligibility: Singapore Citizens with GPA ≥ 2.8, excellent conduct, and clear motivation to join the financial services industry
- Tenable Institution: Institute of Technical Education (ITE) – selected School of Business & Services and School of Electronics & Info-Comm courses
- Bond: None; scholars complete an extended internship with their sponsoring bank or financial institution
Award Components
- S$3,000 study award to offset tuition, learning resources, and daily expenses
- Five-month internship placement with an IBF partner financial institution
- Sector mentorship that matches scholars with supervisors and HR partners during the placement
- Priority access to Work-Study Diploma opportunities and finance career fairs after graduation
Eligibility Highlights
- Year 2 full-time Higher Nitec students in eligible Business, Electronics, or Infocomm Technology programmes
- GPA of 2.8 or higher at the point of application, with clean attendance and conduct records
- Demonstrated interest in financial services (CCA leadership, fintech projects, prior bank attachments, etc.)
- Preference for students intending to take up ITE's Work-Study Diploma pathways or pursue banking diplomas post-graduation
- Able to commit to the full five-month internship schedule during Year 2
Application Roadmap
- Monitor ITE and IBF announcements early in Semester 2 for scholarship briefings and partner bank availability.
- Gather supporting documents—latest GPA transcript, testimonials, portfolio of CCA or finance-related experiences, and a short statement of intent.
- Submit your application through ITE's scholarship portal or designated course counsellor before the stipulated deadline.
- Shortlisted candidates attend interviews with IBF and the sponsoring financial institution to assess fit and motivation.
- Receive results ahead of internship placement matching; confirm internship availability and induction schedule.
- Complete internship onboarding, adhere to IBF reporting requirements, and stay in touch with your career coach for post-graduation planning.
Preparation Playbook
- Build foundational knowledge in retail banking, payments, compliance, and digital finance to excel during interviews.
- Update your resume and LinkedIn profile to highlight customer-facing roles, data proficiency, or fintech competitions.
- Practise workplace professionalism—punctuality, ethical conduct, and data confidentiality are critical in financial institutions.
- Seek mentorship from lecturers or alumni working in banks to map possible career ladders post-scholarship.
- Plan how you will leverage the internship to secure a Work-Study Diploma or full-time sponsorship once you graduate from ITE.
