Research Talent Development Grant

To encourage financial institutions to hire research professionals by co-funding hiring costs.

Enhanced research coverage, particularly for mid and small-cap enterprises, can help improve investor knowledge, which will in turn facilitate price discovery and liquidity. The research talent development grant is designed to groom a pipeline of equity research analysts and retain experienced research talent to initiate research coverage primarily of listed mid and small-cap enterprises.


• 70% of the salaries of fresh graduates hired as equity research analysts.
• 50% of the salaries for re-employed experienced equity research analysts


Qualifying Issuer:
Financial institutions based in Singapore with equity research capabilities.

Eligible Expenses
Fixed basic salary including fixed allowances, but not including bonuses or variable income.

Back to Monetary Authority of Singapore (MAS) Grants