Effectiveness of SkillsFuture-funded Programmes on Job-related Outcomes and Expanding List of Approved Certifications on MySkillsFuture Portal
Ministry of EducationSpeakers
Summary
This question concerns Mr Abdul Muhaimin Abdul Malik’s inquiry into the effectiveness of SkillsFuture-funded programmes and the potential inclusion of international certifications like the Chartered Financial Analyst on the MySkillsFuture Portal. Minister Desmond Lee stated that the Ministry of Education and SkillsFuture Singapore track job outcomes via administrative data and the Training Quality and Outcomes Measure survey. He clarified that the SkillsFuture Credit base tier supports approximately 360 sector-recognised examination-only certifications. While international certifications from overseas bodies are not currently listed, individuals may write to SkillsFuture Singapore to request reimbursements for examination fees of industry-relevant qualifications.
Transcript
52 Mr Abdul Muhaimin Abdul Malik asked the Minister for Education (a) whether impact studies have been conducted on the effectiveness of SkillsFuture-funded programmes in achieving job-related outcomes; and (b) whether the Ministry will consider expanding the approved list of certifications on the MySkillsFuture Portal to include widely recognised international qualifications, such as the Chartered Financial Analyst and Chartered Accountant certifications.
Mr Desmond Lee: The Ministry of Education (MOE) and SkillsFuture Singapore (SSG) track and report the employment outcomes of SkillsFuture-funded programmes through administrative data, programme-specific surveys and econometric studies. In addition, SSG administers the Training Quality and Outcomes Measure (TRAQOM) survey to capture participants' assessment of the quality and outcomes of SkillsFuture-funded programmes. These results are published on the MySkillsFuture portal to guide learners in making informed training decisions.
Singaporeans can use their SkillsFuture Credit (SFC) base tier, comprising the opening credit of $500 and a one-off top-up of $500 in 2020, to offset the fees of examination-only certifications. These certifications must be recognised and supported by the relevant sector agencies to ensure prudent use of SFC. Currently, about 360 such certifications are published on the MySkillsFuture Portal.
International certifications whose certification body is based overseas or has not registered with SSG, are not found in this approved list. Individuals who have completed industry-relevant international certifications can write in to SSG to ask to use their SFC base tier for a reimbursement of their examination fees.