Nanyang Polytechnic (NYP) has partnered local financial technology (fintech) hub Lattice80 to offer its students internships.
From next month, at least 100 first- and second-year students from NYP's School of Business Management will have the opportunity to undergo on-the-job training at Lattice80.
The voluntary internship programme will range from one to six months, and students who perform well may be offered full-time employment at Lattice80 or one of the start-ups located within the hub in Robinson Road.
Launched last November, Lattice80 is a 2,800 sq m hub that houses more than 85 fintech start-ups. The Marvelstone Group-founded space provides an "ecosystem" for fintech start-ups to collaborate, connect and co-create.
Mr Joe Seunghyun Cho, chief executive of Lattice80 and chairman of Marvelstone Group, said in a statement: "Our innovative joint programme will encourage industry-academia collaborations within the fintech industry... to raise awareness and understanding of the emerging field of fintech."
Earlier this year, the Monetary Authority of Singapore (MAS) announced a slew of measures to boost the financial sector, including providing technology infrastructure to drive innovation in areas such as fintech and e-payment. Since 2015, MAS has set aside $225 million to develop fintech projects.
Ms Loh Chuu Yi, director of NYP's Business School, said: "This experiential attachment gives our students a head start and insights on the industry to prepare them for jobs of the future. A strong talent pool, well invested with relevant skills, will be crucial in building Singapore's fintech ecosystem."