A new program at the National University of Singapore (NUS) aims to nurture the country's next generation of financial technology talents and full-stack developers.

Launched earlier this month, the NUS-FintechSG program, offered by the NUS Fintech Lab and Strategic Technology Management Institute (STMI), aims to equip students with knowledge about contemporary developments in the fintech space and give them practical experience in an industry placement of up to a year.

The course, which is fully funded, is an intensive two-month full-time program that covers the fundamentals of fintech and business, programming concepts, as well as knowledge and development tools used in the fintech industry. Companies and financial institutions like UBS, Razer and Bank of Singapore, have partnered to offer students a full-time traineeship of between nine to 12 months, with job offers to follow based on merit.

The program aims to make fintech accessible to students from diverse academic backgrounds, and was designed in a «pragmatic and approachable way» to train students for over 2,000 job openings in the banking and finance sectors, an announcement said.

Grooming Talent

«As digitization becomes an essential anchor for our economy, it is crucial to provide companies with a foundation – including knowledge, experience and resources – for future-ready talent and enterprises to truly succeed,» Professor Mohan Kankanhalli, Dean of NUS School of Computing and chairman of the Fintech Lab Advisory Board, said in a statement this week.

The NUS Fintech Lab, a collaboration between the NUS School of Computing and Ripple, was launched last year. The academic lab brings together industry players, government agencies, regulatory bodies and educational institutions to develop and apply emerging technologies in the field, while providing experiential education for students.