College of Business - City University of Hong Kong AACSB International EQUIS - European Quality Improvement System


PWMA 2023 Pilot Apprenticeship Programme for Private Wealth Management

Date: 4 December 2022

Private Wealth Management Association (“PWMA”) is an industry association whose mission is to foster the growth and development of the private wealth management industry.

Hong Kong Monetary Authority (“HKMA”) and PWMA have jointly organized a pilot apprenticeship programme for private wealth management (“PWM”) business in Hong Kong.

The Pilot Apprenticeship Programme involves two consecutive summers of paid, on-the-job apprenticeship training at a host PWM institution. It provides participants with front-to-back training and experience in functions including client services, investment products and services, operations, marketing, compliance and risk management, etc.

Participants who successfully complete the Programme and receive positive appraisals will be eligible for potential job offers in an appropriate PWM function (from front, middle or back office) at the host firms upon graduation.

Target Students
• Full-time undergraduates in their first to third year of study
• Students who possess a valid working visa in Hong Kong

Programme Duration
• The apprenticeship period will last at least a total of 16 weeks in the summer of 2023 and 2024

Stipend Allowance
Students will receive a recommended stipend allowance of not less than HK$10,000 from their host institution sponsored in part by the HKMA.

Please see the attachement for details and the list of Participating Institutions.

Application Period: 3 November - 4 December 2022


[ Back ]