ISCA Infrastructure & Project Finance Qualification (ISCA IPFQ)

Why ISCA Infrastructure & Project Finance


Demand for urban infrastructure and services is expected to grow strongly, with infrastructure investments in developing Asia projected to be US$20 trillion (S$28.5 trillion) from 2016 to 2030¹. The ISCA Infrastructure & Project Finance Qualification (ISCA IPFQ) is developed with inputs from industry experts and leads to the conferment of the ISCA Infrastructure & Project Finance Professional  (ISCA IPFP) credential.

¹Report of The Committee on the Future Economy, 2017

Qualification Structure

Launched in July 2019, the qualification aims to reduce the barriers of entry for individuals entering job roles within the infrastructure and project finance industry through structured training, and hence enhancing productivity for enterprises.

ISCA IPFQ entry-requirements

Applications for the ISCA IPFQ are open all year round except in December. Successful applicants will be approved as candidates and advised of the next available workshop and examination session upon admission.

* Those who do not meet academic requirements will have their applications assessed on a case-by-case basis.

Candidates will be equipped with a foundation of understanding of project development and stages in procurement processes. Candidates will understand the factors that are required to be taken into account as part of project development as well as assess the different stages involved in the procurement processes.

Candidates will be equipped with a foundation of skills in risk analysis and mitigation as well as project finance. Candidates will understand risk analysis and its application as part of project development and implementation, as well as characteristics of project finance, the various sources and financing terms.

Candidates will learn the basic structure of a Public-Private Partnership (PPP) contract and the key commercial principles involved in designing PPP contracts. Candidates will understand the basic concept of Value for Money (VFM) and acquire hands on-experience in the financial modelling of PPP projects

Candidature Validity Period

Candidates who have been admitted into the ISCA IPFQ will have a candidature validity period commencing on the date of admission and expiring on the 31 December of the fourth (4th) calendar year. For example, if you are admitted as a candidate on 15 June 2020, your candidature validity period will commence on 15 June 2020 and expire on 31 December 2023.

Candidates who wish to apply for the credential must complete the corresponding qualification within the prescribed candidature validity period.


Professional Recognition with ISCA Digital Badges

ISCA Digital Badges are secure, web-enabled credentials containing verified information about your professional achievements. Candidates who successfully complete each module under the ISCA IPFQ will be issued with the module’s digital badge. Upon successful completion of all 3 modules, candidates will be issued with the ISCA IPFQ’s digital badge. Find out more about ISCA Digital Badges here.

IPF digital badges

Delivery and Assessment

The 6 days workshops are facilitated by experienced infrastructure advisory professionals from EY Singapore, with end of module assessments. For Module 3: Contracts and Modelling, there will be a financial modelling assignment included and it will account for 45% of the total assessment weightage.

Please click on the link below for the workshop and exam schedule. 



Exam SessionApplication Submission DeadlineExam Registration PeriodWorkshop PeriodExam Results Release Period
May 2022 Exam Session25 February 202217 January 2022 to 11 March 2022Between last week of March 2022 till first week of April 2022August 2022
November 2022 Exam Session26 August 202212 July 2022 to 09 September 2022Between last week of September 2022 till first week of October 2022End January 2023



  • ISCA reserves the right to amend the dates without prior notice. Please visit the website regularly for updates.
  • The workshops are planned to be held virtually and will be delivered via Zoom meeting platform. 
  • The exam mode is closed-book and computer-based in a centralized venue. You are required to bring your OWN PERSONAL fully-charged laptop for the exam


Programme Fees
 Name of ModuleAmount (inclusive of GST)
1Project Lifecycle

S$ 2,376

2Project Risks and Financing

S$ 2,376

3Contracts and Modelling

S$ 2,376

 Total Fees

S$ 7,128

Other Fees
 Types of FeesAmount (inclusive of GST)
1One-off Application Fee



Annual Candidate Fee

(payable from second year onwards after admission – i.e. 1 January of the calendar year)



Re-sit Examination Fee

(only for candidates who have failed their module examination and would like to re-sit for the examination by registering and paying for the next available examination session, without attending the workshop for that module)
S$ 972 per module

Funding options are available to defray the course fees. Click here to find out more each funding option's eligibility criteria and their respective application process. Terms and conditions apply. 


Upon completion of all modules, ISCA IPFQ graduates who have acquired at least three years of recent and relevant work experience in infrastructure and project finance-related fields can apply for ISCA Associate membership, subject to meeting the prevailing membership admission requirements, and be conferred the ISCA Infrastructure & Project Finance Professional  (ISCA IPFP) credential.

More information regarding the credential can be found here.