Public Finance
PSC Scholarship (Public Finance)
Develop a career in the public finance sector – ensure fiscal prudence through raising financial capabilities and enhancing public accountability in use of public funds and resources.
Application for PSC Scholarship (Public Finance) is currently closed.
Application Period: 01 Sep 2025 - 15 Mar 2026
The PSC Scholarship (Public Finance) aims to develop individuals in economics, finance, accountancy or related fields for Public Service leadership positions, particularly those which require strong grounding in Public Finance.
You will be placed on the Public Service Leadership Programme (PSLP) upon graduation, with the Ministry of Finance (MOF) as your parent agency.
You will gain exposure to strategic and policy work which cut across the Whole-of-Government, and functional domains in Finance, Tax, Investment, Audit, etc., through postings to MOF, the Accountant-General’s Department (AGD) and the Auditor-General’s Office (AGO).
Applicants are welcome to apply prior to pursuing their undergraduate degrees or up until the penultimate year of their undergraduate degrees.
Eligibility & Criteria
When can I apply?
Applicants are welcome to apply prior to pursuing their undergraduate degrees (referred to as ‘pre-university applicants’) or up until the penultimate year of their undergraduate degrees (referred to as ‘mid-term applicants’)
Am I eligible to apply?
Applicants must:
Be a Singapore Citizen
Demonstrate Strong Leadership Qualities and Potential
Present themselves as well-rounded individuals, possessing good academic and non-academic records.
What are the academic requirements?
Table 1: Academic Requirements
Pre-University Applicants | Mid-Term Applicants |
|---|---|
You may apply prior to receiving your final examination results. A provisional scholarship offer may be made if you are found suitable, subject to confirmation upon release of final results. |
Application should be made before the final year of your undergraduate studies. You must be undertaking an undergraduate degree in Accounting/ Analytics/ Business/ Business Administration/ Business Management/ Economics/ Finance. |
Where and what can I study?
The PSC Scholarship (Public Finance) is tenable for local or overseas studies. The courses of study supported under the scholarship include recommended disciplines such as Accounting, Analytics, Business, Business Administration, Business Management, Economics, and Finance.
Value of Award
Cost of Degree
Tuition fees and other approved charges. For overseas degrees, return airfare will be provided. For mid-term candidates, tuition and other compulsory fees incurred before the award will be back paid.
Allowances
Maintenance and other allowances. For mid-term candidates, allowances will only be paid from the point of award.
Development Programmes
Scholarship holders will be offered development programmes, including internship opportunities, from both the PSC and their parent agency. They will also receive close mentorship, including guidance on their career development.
Master’s Programme (if applicable)
Sponsorship of master’s degree (if requirements are met).
Bond and Study Duration
Table 2: Study Duration for PSC Scholarships including Mid-Term*
Study Duration for PSC Scholarship (Public Finance) Including Mid-Term# | |||||
|---|---|---|---|---|---|
Undergraduate Degree [Country of Study] | Maximum Duration for Undergraduate Degree | Additional Year(s) Granted for Master’s | |||
Master’s in SG | Master’s in UK | Master’s in US | Master’s in Other Countries | ||
UK | 3 Years | 1 Year | 1 Year | 1 Year | 2 Years |
US | 4 Years | 1 Year | - | - | 2 Years |
Singapore | - | 1 Year | 1 Year | 2 Years | |
Others | 2 Years | 2 Years | 2 Years | 2 Years | |
# For PSC Scholarships (Mid-Term), duration of study includes the duration completed prior to the award of the scholarship, i.e. entire duration of degree. | |||||
Table 3: Bond Duration for PSC Scholarship (Public Finance)
Bond Duration for PSC Scholarship (Public Finance) | |
|---|---|
Undergraduate Degree [Country of Study] | Duration of Bond |
English Speaking Countries+ | 6 Years |
Non-English-speaking Countries | 5 Years |
Singapore | 4 Years |
+Includes Australia, Canada and New Zealand | |
Career Pathway
Upon graduation, scholarship holders will be emplaced on the Public Service Leadership Programme. You will embark on an enriching career journey with stints at AGD (1 year), AGO (1 year), and MOF (2 years), gaining Whole-of-Government exposure while deepening your finance and audit expertise.
Subsequently, you may be posted to different ministries to broaden your policy perspectives beyond Finance.