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ACI Singapore Endowed Bursary

About the Bursary

Established in 2013, the ACI Singapore Endowed Bursary is aimed at providing financial assistance to and motivating full-time undergraduates from the Lee Kong Chian School of Business at the Singapore Management University to achieve greater heights of excellence.

Eligibility Criteria

  • Full-time undergraduates from the Lee Kong Chian School of Business
  • Majoring in Finance and/or Quantitative Finance
  • Preference for Singaporean or Singapore Permanent Resident
  • Gross monthly household per capita income not exceeding $1,500
  • Priority for students with evidence of financial hardship


One bursary will be awarded annually and in perpetuity commencing Academic Year 2013-14.

Tenure and Benefits

  • The bursary is valued at $7,500 and tenable for one year of study.
  • The bursary will go towards funding the recipient's annual tuition fee.
  • The recipient may be in concurrent receipt of another bursary for cash allowance, subject to fulfilment of its eligibility criteria.


Not required

Tuition Grant Scheme

  • The recipient is required to take advantage of the Tuition Grant Scheme (TGS) provided by the Singapore Government for subsidised education.
  • Under the TGS, non-Singaporean recipients (including Singapore Permanent Residents) will be contractually obliged to work for Singapore-based companies for 3 years upon graduation.


Shortlisting of candidates for consideration will be from the list of applicants applying for SMU-administered bursaries in the year of award.


Centre for Student Financial Assistance
Office of Undergraduate Admissions and Financial Assistance

About the Donor

ACI Singapore – The Financial Markets Association is the standard bearer for financial markets' professionals in Singapore. The Association was formed in 1973 as the Forex Association of Singapore and subsequently became globally affiliated to ACI in the 1990's.  Its history has been inextricably linked to Singapore’s emergence as a leading financial centre in the world. Since the end of 2009, ACI Singapore, in partnership with the Singapore Management University, has developed a Financial Markets training roadmap for Treasury Markets professionals in the front, middle and back offices. The ACI Singapore Endowed Bursary is consistent with the Association’s commitment to the continuing education and professional development of new talent to support the growth of financial markets.


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Last updated on 1 Mar 2017.