To recognise the contribution that servicemen make to the nation, SMU is awarding up to 20 postgraduate scholarships a year to retiring Singapore Armed Forces (SAF) personnel. The SMU Warriors Scholarship was established in January to further help SAF personnel transit into their second career. The University is putting up S$1 million per year for the scholarship and has awarded 14 scholarships so far this year – nine this month and five in January. It offers 18 programmes to Warriors Scholarship holders, including Master of Business Administration and Master of Science in Quantitative Finance. Yong Wui Chiang was among the nine and is now pursuing an Executive Master of Business Administration (EMBA) at SMU. "I am learning a lot more (about) things outside the military. The business world and the military world are quite different," said the former colonel.