A keen interest in public service and the financial sector will put you in good stead for securing a MAS Scholarship.
By Joyce Lin
Think of the Monetary Authority of Singapore (MAS), and everything finance-related is likely to come to mind. Indeed, as the central bank of Singapore, MAS’s mission is to promote economic growth and develop the nation as a sound and progressive financial centre. To achieve this, MAS is involved in a variety of functions, which includes the conduct of monetary policy, the issuance of currency, overseeing payment systems and managing the official foreign reserves of Singapore.
However, while MAS is closely related to the financial sector, the organisation gives its scholars the freedom to study any discipline of their choice, with the exception of architecture, dentistry and medicine. In fact, contrary to popular belief, the study of economics or finance-related subjects is not a pre-requisite for potential scholars, be it for their ‘A’ Levels or university education. What MAS is looking for in potential scholars is a keen interest in public service and the financial industry.