Apprenticeships with IIX

IIX is pleased to announce the opening of the application for the 2024 Summer Apprenticeship Program. The IIX Summer Apprenticeship Program will run from 20 May 2024 to 8 August 2024 for a total of 12 weeks. These will be in-person apprenticeships in our Singapore head office.


About an apprenticeship with IIX:

As an apprentice, you will join a highly effective organization that will provide you with an un-paralleled hands-on exposure to the Impact Investing and Social Finance space. You thrive in tackling development issues and excel in creating solutions using structured strategies and innovative programs that address the world’s most pressing problems, from food security to inclusive finance to clean energy. You aim to become a global development leader and to get make a measurable difference through your work.

When you join IIX as an apprentice, you embark on a rewarding career in which we are heavily invested in your professional development as we will build on your strengths and help you gain new skills with training, coaching, encouragement and guiding you in the right direction guidance. The skills you obtain and the exposure to the rapidly growing impact investing space will be invaluable as you advance in your studies and career.

To be a successful apprentice with the IIX team, you should exhibit PREM:

  • Passionate: Commitment to social finance and impact investing as a path to unlock society’s potential to effect social change is essential for a happy and successful tenure at IIX.
  • Resilient: Similar to our enterprises working in emerging markets, our IIX team members have strong mental and emotional fortitude and are able to recover quickly from difficulties or setbacks. We look for people with an adaptable and positive attitude and strong sense of self-worth, which enables them to move forward and continue to strive for their goals even in the face of adversity.
  • Equitable: At IIX, we manage toward impact maximization and produce measurable and transparent returns – both social and financial. These results strengthen the ecosystem and transform existing realities by helping impact enterprises magnify their impact and scale. We are fair and impartial in our actions and ensure that we make objective and unbiased decisions based on facts and impact.
  • Maverick: While IIX is a seasoned stakeholder in the impact enterprise and impact investing space in Asia, we pride ourselves on creating new opportunities. We look for people with an independent and unorthodox approach to thinking and behaving. If you are someone who is non-conformist, innovative, and independent, often going against the grain, does not like following the crowd and is not afraid to express your own opinions, we want you.

Some of our clients include foundations such as the Rockefeller Foundation and Bank of America-Merrill Lynch Foundation, corporations such as Standard Chartered Bank and KKR, international non-profits such as Oxfam and World Vision, multilateral institutions such as the Asian Development Bank, UN Agencies such as UNDP, and government development agencies such as USAID and SIDA.

About the IIX Summer Program:

1. Overview
As an apprentice team member, you will learn about our businesses and build career-enhancing skills. This program is open to third and fourth year undergraduate and graduate level students from any field of study. While your discipline or major is not important, we’re looking for students with an outstanding record of academic achievement and an interest in changing the world by changing the financial markets. A financial background is not necessary. Your area or major of concentration is less important to us than your potential. Whether you’ve distinguished yourself in economics or history, the next phase of your career will be shaped by your passion, energy and vision. We encourage you to apply, provided you share an interest in connecting the back streets with wall streets, and have demonstrated strong academic performance and professional drive.

2. The Experience
We provide our new apprentices with the tools necessary for professional growth and career advancement. As a new apprentice, you will learn a great deal about the firm and how we do business and about the whole sector. You will gain the skills and knowledge necessary to support our businesses. As part of the Summer Program, you will receive formal training followed by department-specific training. You will also receive ongoing training, based on your specific skill needs and interests, to bolster your professional development through learning in the workplace. There will be targeted skills enhancement workshops, discussions and team based projects apart from the daily and ad-hoc tasks. There will also be field visits to Singapore-based social enterprises. The IIX Summer Program is based in the Singapore headquarters. We will provide a small stipend for food & local transport. The apprenticeship program is an intensive program where all apprentices will be participating as a core member of each team. Selected apprentices may also get field experience to support our work in South and Southeast Asia. An apprenticeship at IIX can open the doors for you to join the IIX team full time if you perform exceptionally well. Some of our full-time staff have gone on to study at top Business Schools for their post graduate studies, for example at Yale, Georgetown, INSEAD, Columbia SIPA among others.

The IIX Summer Apprenticeship Program will run from 20 May 2024 to 8 August 2024.

Application Process

Interested candidates can submit their application at Please note all accepted Summer Apprentice Associates/Analysts will be working across teams as needed.

  • Dates of Summer Apprenticeship Program: 20 May 2024 to 8 August 2024 (12 weeks).
  • Last date to submit applications will be 31 January 2024 and IIX will inform its shortlisted of candidates for Interview by 10 February 2024.
  • Short listed candidates will be required to complete a test and interview with at least one IIX team member. All offers will be made by 20 February 2024.
  • Eligibility: Students who have completed their 3rd year of Bachelor’s degree (rising seniors) and MBA/Master’s/ Ph.D students are welcome to apply.
  • Submit your latest resume, cover letter highlighting clear motivation to work in Impact Investing space in the long term, your university/college transcripts indicating your current GPA score, along with a writing sample.
  • Due to limited openings on the summer apprenticeship program and an overwhelming number of applications, all applications will be reviewed on a rolling basis and you are highly encouraged to submit your applications as early as possible.
  • Only shortlisted candidates will be notified of the selection. If you don’t hear back from us within 3 weeks of applying, it means your application was not shortlisted. Additionally, you can also follow up with us after 3 weeks of applying, on the status of your application.

You may highlight in your application which core team you prefer to work with. However, the final decision to assign the team will be based on IIX’s assessment of your application.

Impact Partners

The successful apprentice candidate will assist the Impact Partners team to conduct Impact Enterprise (IE) and investor outreach. This individual will also work with and assess Impact enterprises to prepare them for Impact Partners listing (examining financial reports, business plans, understanding capital needs), guiding them to be investor-ready and managing their capital raising process. This work will include financial modelling and analysis, process management and building trusted relationships. The impact assessment work involves the measurement and communication of the social and environmental impact that IEs are having. Impact assessment work also involves providing detailed projection and data collection tools as well as recommendations, to help magnify the social and environmental performance of an IE as well as to enhance the transparency and accountability to stakeholders and funders.

Strategic Initiatives

The Strategic Initiatives team works closely with the CEO’s office. This team initiates and cultivates important relationships and initiatives that will result in strategic partnerships. The successful apprentice candidate will support the development of new initiatives as part of the Orange Movement, services and projects that IIX has launched such as IIX Values and the new IIX Intelligence™ . The apprentice will support outreach to build a local and regional network of ecosystem partners who will contribute and support the long-term sustainability of IEs will also be a critical role. Demonstrated project and process management skills are required in this role. The Strategic Initiatives apprentice will support the team to focus on marketing and developing IIX products and services that fulfill a need in the IE and impact investment community in Asia. The apprentice will also help the team to conduct research and analysis of the Impact enterprise sector in Asia. This includes countrywide, sector-specific or ecosystem-targeted research as well as broader policy perspectives. These research efforts culminate in published reports that are widely disseminated across the region.

Innovative Finance

The Innovative Finance team apprentice will learn about the structuring of fixed income products in innovative finance such as the Women’s Livelihood Bond series, while also contributing to IIX’s other areas of work such as Women’s catalyst Fund and Orange Bond Initiative™. This team also performs credit analysis on IEs and MFIs shortlisted as potential borrowers under the various sustainability bond structures and provides financial analysis and full credit reports on selected IEs and MFIs. The young apprentice will support basic operations of the innovative finance team such as sourcing, calls preparations, communications with internal and external stakeholders, taking minutes to preparing research and pitch decks. The apprentice may also get a chance to assist in raising and structuring credit facilities and/or investment capital for IEs and MFIs through participation in the transaction process.

Marketing & Advocacy

The apprentice will work with the IIX team to continue building strategic messaging and initiatives that promote the impact investing and IE space in Asia-Pacific. Work closely across all functions of IIX and IIX Foundation to continue building a cohesive and compelling story of how social capital markets will influence sustainable development in Asia. The apprentice will also support the marketing and management team to promote the courses of IIX Impact Institute, which empowers stakeholders to participate in the Impact Investing Space.

Research and Advisory

Our research and advisory team offers impact investors, corporations, foundations, international organizations and governments in-depth sector analysis, landscape mapping, and action-oriented research. Using proprietary data, local industry analytics and innovative financial structuring, we help to identify impact investment opportunities for sustainable development solutions, conduct due diligence, and manage transaction execution. The selected apprentice will support the team in its research and advisory projects by providing research support and market insights.

Please note: Previous marketing, development or research work highly preferred. Only candidates who are excellent writers, critical thinkers and energetic team players will be successful at IIX.

IIX Growth Fund (IGF) and Portfolio Management Team

IGF’s summer program focuses on pipeline building and exploring investment opportunities in the selected countries and sectors. The apprentice will support IGF’s activities in target markets, assist to conduct investment research and due diligence activities as well as support the team’s fund raising efforts for IGF. The investment apprentice may also assist the team on the active management of portfolio companies – including on-going monitoring of portfolio companies, preparing monthly operational and financial performance reports and/or information memos for quarterly board meetings.

Please note: due to the nature of IGF’s work, IGF will show a strong preference to candidates who have a strong background in the private equity/investment sectors. Working history in development as well as demonstrable interest in Asia is also a plus.

What Do Our Past Summer Apprentices Say About Us?

“I felt everyone was very open and approachable whenever I had any questions. I had a great supervisor and working with them on the IIX Growth Fund was an amazing learning experience which gave me a lot of exposure to funds and how they work.”

Brian Costa, Princeton University

“I had a very fruitful apprenticeship with IIX and the corporate finance team. The internal workshops like financial modelling and impact assessment broadened my knowledge base and honed my business analysis skills. I also gained valuable insights about impact investing space which culminates in tangible results. My supervisor and team members were very supportive and I highly recommend this apprenticeship to all students.”

Jeremy Soh, National University of Singapore

“Working with the impact assessment team has been a great learning curve for me and it has opened my eyes to the challenges that impact enterprises face and the hopes, faith and value the impact community and the teams of IIX have for the future. Working with Durreen has been inspirational and her life journey has taught me the most important lesson: If you believe in something, you have to fight for it.”

Bao Tran, Amherst College

“The most significant learning for me in the apprenticeship was importance of measuring impact and how to use SROI as a guide to do so, also learning about the gaps in the social enterprise ecosystem that IIX aim to fill through impact credit. This apprenticeship was excellent, very well structured and designed to maximize the learning experience of apprentices.”

Maija Fiorante, Brown University