FOR IMMEDIATE RELEASE  

IMAS launches online portal iLearn for investment management professionals

– New ‘one stop shop’ online portal to centralise curated training programmes for the investment management industry

– Programmes offer IBF-accredited training hours

SINGAPORE, 4 May 2020 – The Investment Management Association of Singapore (IMAS) today announced the launch of iLearn – an online portal that seeks to centralise curated training programmes for professionals working in Singapore’s investment management industry to broaden and deepen their skills and expertise.

This is in line with the national agenda to upskill, reskill and future-proof our people, and allow the investment management community to maximise their learning time even during the circuit breaker period. iLearn addresses the existing market gap in Continuous Professional Development (CPD) learning by providing customised e-learning modules on ethics, rules and regulations that is accredited by the Institute of Banking and Finance (IBF) and fulfils the Monetary Authority of Singapore (MAS) regulatory requirement. As this course is also recognised under the IBF-Financial Training Scheme (FTS), it is eligible for the enhanced course subsidy (95% with IBF credit) and new Training Allowance Grant (S$15 per training hour) that are part of MAS’ support package to defray training expenses and encourage financial institutions, including investment managers, to make use of the downtime in business activity to train and deepen the capabilities of their employees. This is a tremendous move to help the industry manage the challenges posed by COVID-19.

IMAS has partnered Nanyang Polytechnic (NYP) to tap on the Polytechnic’s expertise in the development and delivery of e-learning programmes to provide a suite of customised online modules.  More online courses are expected to be rolled out to cater to the needs of the investment management community to further support the industry’s efforts to position itself for stronger growth when the economy recovers.

Susan Soh, Chair of IMAS Executive Committee, said: “IMAS is strongly committed to strengthening the capabilities of our talent pool and charting our industry’s tomorrow. We will facilitate continuous professional development through iLearn and bring relevant skills to the investment management sector. We will continue to foster high standards of professionalism and expertise in the industry so as to better serve investors. With the current situation in mind, IMAS and its partners have worked tirelessly to fast-track the launch so that more professionals can take advantage of the eLearning modules whilst working from home.” 

Ng Nam Sin, CEO, IBF, said: “IBF is delighted to support IMAS in this initiative to facilitate learning amongst investment management practitioners. It is noteworthy that the initiative allows finance professionals to learn virtually and electronically in current times. IBF is pleased to support the course under the FTS.”

Jeanne Liew, Principal & CEO, Nanyang Polytechnic, added: “Since 2007, we have been working closely with IMAS to grow Singapore’s pool of professionals for the investment and fund administration sector. With the recent regulatory changes and strong demand from investment professionals to upskill, it is now timely to draw on our expertise in the development and delivery of e-learning programmes to launch a suite of online CPD modules with IMAS. We hope more investment management professionals will use this opportunity to upgrade themselves during the current downturn.” 

Carmen Wee, Chief Executive Officer, IMAS, commented: “The investment management landscape is evolving, and we observed a market gap in the provision of customised training for employees of investment management companies. This led to the development of the iLearn portal, where we hope to work with like-minded partners to structure training, either in the form of online or classroom learning, to support the continuous professional development needs of the investment management sector and help them remain competitive. We are glad that we can be at the forefront of these developments for the professionals that drive our industry forward each day.” 

Course registration is now available on https://www.imas.org.sg/ilearn. IMAS members will enjoy exclusive discounted rates. Bulk registration is also available as a feature to allow ease of registration for multiple course participants from the same organisation. If you have any queries on iLearn, please send them to ilearn@imas.org.sg.