CFA® IBF-STS Accredited Programs

The Minimum Entry Requirements for CFA® Levels I, II & III are as follows:

Minimum Age: 21

Academic Level:
a) Bachelor’s Degree (or equivalent), or be in the final year of your Bachelor’s Degree program. You will have to complete your Bachelor’s Degree in order to register for the Level II exam,
or
b) 4 years of professional work experience (does not have to be investment related),
or
c) Combination of professional work experience and education that totals at least 4 years

Language Proficiency: Obtain grade C6 at GCE O-Level English language or equivalent

Eligibility Criteria

Applicants must:

• Be a Singaporean or a Singapore Permanent Resident (PR), physically based in Singapore (Either self-paid or company-sponsored)
• Have successfully completed the training program (including passing all relevant assessments and examinations), with at least 75% of class attended

Documents required:

• University transcripts & certificate
• NRIC for verification purposes

What is the IBF Standards Training Scheme?

The IBF Standards Training Scheme (IBF-STS) provides funding for training and assessment programs accredited under the IBF Standards.

Funding Quantum

For more information, refer to the IBF-STS training scheme here.

Eligible Participants

Eligible Individuals must:

• Be a Singaporean or a Singapore Permanent Resident (PR), physically based in Singapore
  • Either company-sponsored individual or self-sponsored participant
• Have successfully completed the IBF-STS recognized program (including passing all relevant assessments and exams)

Companies eligible to submit claims for company-sponsored participants:

• Be a Singapore-based financial institution regulated by MAS (licensed or exempt from licensing by MAS)
• Be a FinTech firm certified by Singapore FinTech Association

For more information on:

• Funding, IBF Certification and Continuing Professional Development (CPD) requirements: ibf.org.sg
• Frequently Asked Questions (FAQs) on the Enhanced IBF Standards Training Scheme: https://www.ibf.org.sg/programmes/Documents/FAQ_FTP_Enhanced_TrainingSupport.pdf

Course Schedules

• CFA IBF-STS Accredited Program Nov 2023 (Part-time) – Level I

Factsheet

• CFA IBF-STS Accredited Program 2023

Enrolment and Exam Registration Fees

Earlier enrolment entitles you to greater savings when you register for your exam with CFA Institute. CFA Institute will not accept enrolments for the exam after the final deadline. Please note that these fees are paid directly to CFA Institute and not to Kaplan and are not included in our course fees.

The one-time program enrolment fee and exam registration fee are payable in US dollars only, and are non-transferable and nonrefundable.

The exam registration fee covers the cost of:

• The eBook (contains the complete curriculum you need to study)*
• Practice Exams
• Mock Exams

*You may purchase a print version of the curriculum (available for a non-refundable fee of US$150, plus any fees associated with shipping) at the same time or after you register for an exam. For full details on CFA® Program Fees and Late Enrolment Fees, please visit:
http://www.cfainstitute.org/en/programs/cfa/exam

Application Forms

• 2023 Intakes: CFA Domestic Application Form
  • Online Application Form
  • Physical Application Form
  • 2023 Revision Intakes

• 2023 Intakes: CFA-IBF Domestic Application Form
  • Online Application Form
  • Physical Application Form

Course Duration (full course, 3 levels)

CFA-IBF Preparatory Course (Part-time)
Students will attend a combination of lectures and revision in this programme. The lessons are scheduled on weekday evenings or weekends to suit the busy schedule of students enrolled in this programme. They have to attend lessons once or twice a week, depending on their enrolled modules. The programme is supported with 251 contact hours.

CFA-IBF Preparatory Course (Full-time)
Students will attend a combination of lectures and revision in this programme, and they have to attend lessons 5 days a week, 3 hour a day. The programme is supported with 251 contact hours.

Course Duration (individual level breakdown)

Local Students

• Download EduTrust Advisory Note | Student Handbook

Student Contracts:

• CFA IBF Level 1 C2A (70% Funding) – Domestic
• CFA IBF Level 1 C2A (50% Funding) – Domestic
• CFA IBF Level 2 C2A (70% Funding) – Domestic
• CFA IBF Level 2 C2A (50% Funding) – Domestic

Fee Protection Scheme (FPS) / Medical Insurance Coverage

Kaplan Higher Education Academy 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

Fee Protection Scheme (FPS)

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 graduate-level for courses with any Private Education Institution (PEI) with EduTrust Certification.

International Students – insurance premium minimum of S$45.40 (including 8% GST) capped at total course fee of S$1,455. The FPS premium is based on a fixed rate of the course fees and payable upon enrolment per intake.

Medical Insurance Coverage 

Kaplan Singapore has in place a group medical insurance scheme for all its STP students and this medical insurance scheme will have minimum coverage as follows:

• an annual coverage limit of S$30,000 medical costs coverage per student
• at least B1 ward in government and restructured hospitals
• 24 hours coverage in Singapore and overseas (if the student is involved in school-related activities)

For more information on Medical Insurance Coverage for students, please click here https://www.kaplan.com.sg/student-support-services/