Monetary Authority Of Singapore - MAS Undergraduate Scholarship

Deadline: February 28, 2025

Scholarships

Undergraduate

Location(s)

  • Singapore
  • Worldwide

Overview

The MAS Undergraduate and the MAS Mid-Term Undergraduate Scholarship is a prestigious award that gives the most outstanding individuals the opportunity to pursue their dreams at the world's best universities. And promises them a career dedicated to solving some of Singapore's most challenging problems. Embark on a rewarding career with a unique, influential organisation at the forefront of the ever-changing financial landscape, and shape the financial markets of tomorrow. All with one prestigious award.

Details

The scholarship is tenable for 4 years of study in any discipline (except for Medicine, Dentistry and Architecture) at any reputable university, in Singapore or overseas. Language courses are supported if they earn credits that count towards the final degree.

We strongly believe that you should make the most of your 4 years in university to gain a myriad of experiences that will prepare you well for the working world. The scholarship comes with an 8-week internship with MAS where you will be assigned a project in a specific department which will enable you to feel the pulse of the organisation.

We are also supportive of our scholars who bring their explorations beyond textbooks and their universities. From spending a term abroad and immersing in another culture, to interning with private sector organisations to gain exposure to the dynamic world of finance – we encourage our scholars to broaden their horizons.

We may sponsor you for postgraduate studies after your undergraduate degree. The decision depends on a combination of factors such as your academic results, chosen field for further studies and your academic inclinations.

Upon completing your undergraduate studies, you will be placed in one functional area within MAS, where you will receive comprehensive training and build greater depth of knowledge and skills. There will be opportunities for you to explore the different functions in MAS to provide you with a well-rounded career in MAS.

If you wish to be considered in the provisional selection exercise, you should submit your application in September. You can submit your application using your preliminary examination results. You do not need to secure a place before applying for the scholarship, but you should indicate your choice of universities and courses in the application.

Scholarship offers made at the end of the provisional exercise will be conditional upon candidates’ meeting our academic requirements in the final examinations. You may be considered in the main exercise (in March) if you are not shortlisted in the provisional exercise.

Opportunity is About


Eligibility

Candidates should be from:


Description of Ideal Candidate

You should be an all-rounder who have excelled in both academic and non-academic pursuits. A go-getter, you would have demonstrated excellent leadership capabilities in your CCAs and in activities outside of school.

MAS Undergraduate Scholarship

If you are an ‘A’-Level candidate, you should offer at least 11 academic units. All candidates are given equal consideration regardless of the subjects they have taken. The scholarship is also open to Polytechnic students and students who are taking the International Baccalaureate. Students must have obtained at least 36 points from the IB programme to be considered.

MAS Mid-Term Undergraduate Scholarship

Only students in or before their penultimate year of undergraduate studies are eligible for the MAS Mid-Term Undergraduate Scholarship. In addition to the MAS Undergraduate Scholarship criteria, the MAS Mid-Term Undergraduate Scholarship offer is conditional upon the candidate’s performance during an internship with MAS of at least 8 weeks’ duration.

The scholarship is open to Singapore Citizens, Singapore Permanent Residents and foreign citizens who will undertake to obtain Singapore citizenship.


Dates

Deadline: February 28, 2025


Cost/funding for participants

Overseas Award: 

  • Return airfare
  • Tuition and other approved fees
  • Maintenance allowance
  • Pre-studies allowance
  • 8 weeks internship during 2nd year of U/G studies

Local Award: 

  • Tuition and other approved fees
  • Maintenance allowance
  • Pre-studies allowance
  • 8 weeks internship during 2nd year of U/G studies
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