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IFS

 

IFS DEVELOPMENT PLAN OF LOCAL TALENTS FOR FINANCE AND INSURANCE SECTORS OF MACAU

SUMMER INTERNSHIP PROGRAMS (2018-2019 AND 2019-2020) FOR MACAU UNIVERSITY STUDENTS

OVERVIEW

The IFS, in cooperation with local banks, insurance companies and universities, have joined hands in launching, starting in 2018 the following Summer Internship Programs (SIPs) for Macau university students:

• Fintech Career Accelerator Scheme (FCAS)

• Pilot Apprenticeship Program for Private Wealth Management

• Pilot Apprenticeship Program for Banking Operations

• Pilot Apprenticeship Program for Life Insurance Operations

• Pilot Apprenticeship Program for Non-Life Insurance Operations

In the year 2019, the IFS, again in collaboration with local higher education institutions, banks and insurance companies will further launch those five SIPs, as well as the following new SIPs:

• Pilot Apprenticeship Program for Financial Leasing

• Pilot Apprenticeship Program for Private Pension Funds

SIPs are win-win initiatives as they will give university students, over the course of apprenticeship, a unique opportunity to act as an intern at a range of functions at departments of banks and insurance companies, as the case may be, learning about different financial/insurance products and customer services, and on other important areas of those entities.

On the other hand, those programs will also enable the participating banks and insurance companies to source and identify manpower for future employment, and enhancing Macau competitiveness as a financial center. No doubt that SIPs are good and practical ways to develop the next generation of local talents for the financial and insurance sectors of Macau.

Taken into consideration the relevant role of those SIPs for the creation of local talents for those sectors, the IFS would contribute 75% to the monthly stipend allowance (MOP8,000.00) to students for the internship period, while the remaining sum as well as the cost for guidance and coaching should be contributed by the participating banks/insurance companies.

The internships are oriented to university students with Macau Resident Identity Card. However, the overseas students in Macau universities are also welcomed to this program subject to a limit of 25% of the total internships provided by the participating banks/insurance companies and they can only take curriculum-related internships endorsed by the institutions they are studying.

 

Details of Each SIP - Banking Area [PDF]

Details of Each SIP - Insurance Area [PDF]

Selection Criteria

Required Documents for The Application - Banking Area[PDF]

Required Documents for The Application - Insurance Area[PDF]

Application Forms

Statement of Applicant Related to His/Her Personal Data[PDF]

Enquiries

Internship Guidelines (2018-2019)[PDF]

Internship Guidelines (2019-2020)[PDF]


Student Self-Evaluation Report of Internship Experience (2018-2019) [PDF]

Student Self-Evaluation Report of Internship Experience (2019-2020) [PDF]

Fintech Career Accelerator Scheme (FCAS) - Participating Banks (2019-2020) [PDF]

Pilot Apprenticeship Program For Private Wealth Management - Participating Banks (2019-2020) [PDF]

Pilot Apprenticeship Program For Banking Operations - Participating Banks (2019-2020) [PDF]

Pilot Apprenticeship Program For Financial Leasing - Participating Banks (2019-2020) [PDF]

Pilot Apprenticeship Program For Life Insurance Operations - Participating Insurance Companies (2019-2020) [PDF]

Pilot Apprenticeship Program For Non-Life Insurance Operations - Participating Insurance Companies (2019-2020) [PDF]