Apprenticeships with IIX

IIX is pleased to announce the opening of the application for the 2023 Summer Apprenticeship Program. The IIX Summer Apprenticeship Program will run from 15 May 2023 to 11 August 2023 for a total of 12 weeks. These will be in-person apprenticeships in our Singapore head office.

About an apprenticeship with IIX:

You will join a highly effective team that provides you with an unparalleled hands-on exposure to the Impact Investing and Social Finance space. You will thrive in applying finance and economic principles to tackle development issues and excel in creating solutions using structured strategies and innovative programs that address and solve the world’s most pressing problems, from food security to inclusive finance to clean energy.  You will become a global development leader who has a passion for international development and you will get involved in work that makes a difference.

When you join IIX, you embark on 12 rewarding summer weeks where we are heavily invested in giving you training and exposure to enable you to build a career in impact investing. We will build on your strengths and help you gain new skills with training, encouragement and guidance in the right direction. The work experience at IIX is a value addition to advance your career, providing you invaluable knowledge of the rapidly growing impact investing space.

With the knowledge gained at IIX, you will WANT to instigate change.

Thus, as a successful apprentice, you should be:

  • Mission-driven: 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.
  • Results-oriented: At IIX, we manage toward impact maximization and produce measurable returns. These results strengthen the ecosystem and transform existing realities by helping impact enterprises magnify their impact and scale.
  • Resourceful: While IIX is a seasoned stakeholder in the impact enterprise and impact investing space in Asia, we pride ourselves on creating new opportunities.  Being resourceful and skilled at mobilizing human, financial and political resources to achieve IIX’s mission is a key part of the role.

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 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.

  1. 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 15 May 2023 to 11 August 2023 for a total of 12 weeks.

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:  15 May 2023 to 11 August 2023 (12 weeks).
  • Last date to submit applications will be 31 January 2023 and IIX will inform its final list of candidates for Interview by 10 February 2023.
  • 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 21 February 2023.
  • 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 candidate will assist the Impact Partners team to conduct Impact enterprise and investor outreach. This will include direct engagement with investors, high-net worth individuals and banks, so fluency in finance is needed. 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 apprentice team member will also work closely to measure and communicate the social and environmental impact that IEs are having. Impact assessments provides detailed projection and data collection tools as well as recommendations, to help magnify the social and environmental performance of an IE as well as enhance transparency and accountability to stakeholders and funders.

Growth & Innovation

Cultivate important relationships and initiatives that will result in strategic partnerships with IIX. This team focuses on developing and marketing IIX’s products and services such as IIX values to fulfil needs in the social enterprise and impact investment community. Conduct research and analysis of impact enterprises and the impact investing space, including country-wide, sector-specific or ecosystem-targeted research and broader policy perspectives. Our research culminates in published reports that are widely disseminated.

Innovative Finance

Support the structuring of pooled credit vehicles such as Women’s Livelihood bond Series ™ and contribute to IIX’s other areas of work Women’s Catalyst Fund ™.  The team performs credit analysis, provides financial analysis and full credit reports on selected impact enterprises and micro-finance institutions and assist in raising and structuring credit facilities and/or investment capital for IEs and MFIs through participation in the transaction process.

Marketing & Advocacy

Build strategic messaging and initiatives that promote the impact investing and social enterprise space in Asia. Work closely across both IIX and IIX Foundation to build cohesive and compelling stories of how social capital markets influence sustainable development.

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’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