SMU and Wealth Management Institute (WMI) are making significant enhancements to their Master of Science in Wealth Management (MWM) programme, so that it will be in line with the highest industry standards. The MWM already covers the whole value chain of processes, products and services related to wealth management. With this enhancement, it now also covers industry-defined competencies as spelt out under the Institute of Banking and Finance (IBF) Standards, such as client acquisition and servicing skills, investment and wealth planning advisory as well as risk controls and monitoring processes. Participants of MWM may enjoy funding support under the Financial Sector Development Fund administered by the Monetary Authority of Singapore. Additionally, Singaporeans and Permanent Residents will be eligible for subsidy under the IBF Standards Training Scheme on the IBF-accredited component within MWM.