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Overview

Introducing a financial incentive scheme to encourage financial services industry practitioners to acquire and upgrade professional skills in the asset and wealth management field

The Financial Incentive Scheme for Professional Training (“Scheme”) aims:

 

  1. to enhance the competency and professionalism of in-service practitioners within the asset and wealth management (“WAM”) sector; and
  2. to assist other practitioners within the financial services industry in acquiring the knowledge and skills required for entering the asset and wealth management field.

 

The Scheme was initially launched from 1 October 2016 for a three-year period. The Scheme has been extended to 31 March 2023 with an expanded scope of eligible practitioners as well as a new subsidy initiative for conference organisers. Please refer to the Guide to Applicants and Guide to Conference Subsidy Application for details.

 

A) The Subsidy Scheme for Individual Applicants

 

The Scheme will subsidise eligible participants’ participation in a wide range of WAM-related training programmes offered by various reputable eligible professional institutions. The training programmes include face-to-face courses, seminars and conferences, and have been extended to cover live webinars (pre-recorded webinars are not included) since 1 August 2020 For details of the eligible programmes, please refer to Eligible Training Programmes. The information therein will be updated from time to time.

 

Under the Scheme, each eligible participant will be reimbursed 80% of the eligible course fee upon satisfactory completion of a course, up to a ceiling of $10,000 per person (Note: The funding cap has been raised from $7,000 to $10,000 since 17 April 2020.) throughout the whole Pilot Programme from 1 October 2016 to 31 March 2023.

 

To benefit more industry practitioners, the Scheme has also relaxed the eligibility requirement to cover “in-service” financial services licensees in between jobs within the two year period from 17 April 2020 to 31 March 2022, in addition to those under employment. Please refer to the Eligibility section in the Guide to Applicants for details.

 

 

 

* Applicants must submit all required documents to the HKSI Institute within FOUR months from the last day of the course completed.

 

Click here for “Guide to Applicants”

Apply online here

 

 

B) The Subsidy Scheme for Conference Organisers

 

In response to the demand for high quality conferences in the financial services industry, the Scheme has been expanded to support  non-profit-making conference organisers starting from August 2020. Please refer to Guide to Conference Subsidy Application for details.

 

For enquiries, please contact the HKSI Institute at 3120 6100 or via email to training@wamtalent.org.hk.