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 Session

Application Submission Deadline

Exam Registration Period

Workshop Period

Exam Results Release Period

May 2021 Exam Session5 March 20214 January 2021 to 19 March 2021Between first week of April 2021 till third week of April 2021August 2021
November 2021 Exam Session27 August 202112 July 2021 to 10 September 2021Between fourth week of September 2021 till first week of October 2021February 2022
  • ISCA reserves the right to amend the dates without prior notice. Please visit the website regularly for updates.
  • The workshop is currently being planned as face-to-face sessions. ISCA reserves the right to change the workshop delivery format. Should there be any changes to the workshop delivery format, there will be further communications. 
  • 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$ 2,354

2Project Risks and Financing

S$ 2,354

3Contracts and Modelling

S$ 2,354

 Total Fees

S$ 7,062

Other Fees
 Types of FeesAmount (inclusive of GST)
1One-off Application FeeS$ 107

Annual Candidate Fee

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

S$ 160.50

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$ 963 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.