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Ministry of Finance

[MOF Summer Internship] Intern, Economic & Fiscal Analysis

Ministry of Finance

Internship

Closing on 21 Feb 2025

What the role is

Applications for the Ministry of Finance (MOF) Summer Internship Programme are now open. As an MOF intern, you will gain valuable insights and contribute to projects that support national policy-making and shape the everyday lives of Singaporeans. Interns are required to commit at least 10 weeks between May to Aug 2025. MOF's Economic & Fiscal Analysis Directorate is looking for undergraduates to undertake the following project(s). Note: You are welcome to apply for internships/projects with different MOF Directorates if the topics suit your interest and experience. If you are shortlisted, you will be invited to indicate your preferred project(s) prior to the selection interview. Applications close 21 Feb. Kindly note that only shortlisted candidates will be notified.

What you will be working on

Project #1: Subsidy Design • To review literature on subsidy design and gross and net-cost subsidy models to guide policy thinking on these issues. • A successfully candidate should ideally have hands-on experience in fiscal economics and text-mining. A background in economics would be advantageous. Project #2: Revenue Matters and Fiscal Approaches • To consolidate data for tracking fiscal marksmanship across time and compared with other countries. • To review fiscal approaches in other jurisdictions and identify long-run macroeconomic implication of fiscal approaches that are similar to Singapore. • A successfully candidate should ideally have hands-on experience in fiscal economics and text-mining. A background in economics would be advantageous. Project #3: Analysis on Government procurement • Apply data analytics and natural language processing techniques to procurement transactions with a view to identify patterns and price benchmarks. • The intern will also be expected to support other analytics projects (e.g. by conducting literature reviews). • A successfully candidate should ideally be able to apply economics thinking to policy issues; and have data analytics and text analytics capabilities. A background in economics would be advantageous.

What we are looking for

• Strong critical thinking and analytical skills. • Strong interpersonal, writing and communication skills. • Self-starter with the ability to work independently. • Ability to work in a dynamic and fast-paced environment. • Integrity and strong sense of national interest.

About Ministry of Finance

The Ministry of Finance (MOF) is responsible for managing Singapore’s fiscal policies and the structure of its economy. We work to maintain international standards and best practices in areas such as company law, accounting standards, and corporate governance principles. We aim to advance the well-being and development of Singapore by: • achieving a balanced budget through prudent and sustainable fiscal policies; • ensuring the prudent investment of the government's reserves and other public funds; • setting out policies for government procurement, customs regulation, accounting standards and business regulation; • fostering a regulatory environment conducive to business and enterprise; and • ensuring that businesses operating within Singapore's jurisdiction are compatible with international standards and practices, in areas such as company law, accounting standards and corporate governance principles.