4. Green finance is growing
Promoting sustainable finance is a key goal for the Monetary Authority of Singapore (MAS)—the country’s financial regulator—and several green finance initiatives have developed over the years.In 2017, the MAS launched a Sustainable Bond Grant Scheme, which offers grants to cover the cost of externally reviewing a green bond against sustainability criteria.
All the proceeds generated by green bonds are used for sustainable projects, in areas like renewable energy, pollution control, or clean public transport.
“Green finance is increasingly making its mark, as financial institutions and regulators recognize the implications of climate change risks for the financial sector,” John explains.
“Opportunities are opening up in green and sustainable finance, or impact investing. That is becoming increasingly attractive as the MAS encourages the financial sector and corporates to work together with their green efforts.”
These green initiatives, combined with Singapore's openness to new financial technologies and its economic stability, are creating an ecosystem brimming with opportunities for business school graduates with the right combination of hard and soft skills.
Studying finance in the heart of Singapore, through a program like MAF, can help you grasp these opportunities.
"What makes the MAF program so credible is that it provides a strong foundation in the principles, practices, and operations of international and domestic financial markets, focusing on applying up-to-date knowledge in real-world situations," John concludes.
Image above courtesy of Nicolas Lannuzel via Wikimedia Commons under this license
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Singapore Management University - Lee Kong Chian School of Business