Industry Practice Master of Digital Economy
Where Innovation Meets Opportunity
ABOUT
INDUSTRY PRACTICE MASTER OF DIGITAL ECONOMY
The Industry Practice Master (IPM) of Digital Economy is Singapore's first stackable applied postgraduate degree. Offering a flexible, personalised, industry-relevant continuing education pathway for adult learners, the IPM provides them with the opportunity to stack certificate courses, engage in work-based learning, earn industry certifications and access personalised learning. This unique combination allows learners to progress towards achieving an applied postgraduate Industry Practice Master (IPM) of Digital Economy degree.
OUR BRAND NEW INDUSTRY PRACTICE MASTER OF DIGITAL ECONOMY
Digital Procurement Track
UNIQUE SELLING POINTS
Lifelong Learning Ecosystem
We offer industry-focused programmes designed in collaboration with partners to equip individuals with relevant skills and competencies.
Interdisciplinary & Industry- Focused Programmes
Individuals are equipped with relevant skills and competencies through industry-focused programmes.
Flexible & Stackable Learning
We offer a flexible learning pathway, allowing learners to customise their education and achieve an applied postgraduate qualification based on their specific needs and career goals.
Integration of Work-based Learning
The programme incorporates work-based learning through SMU-XL projects, giving learners hands-on experience in real-world scenarios, enhancing their skills and employability.
Strong Partnership with Employers & Industries
The programme is developed in close collaboration with employers and industries, ensuring relevant and up-to-date programmes that create valuable career opportunities.
Focus on Priority Skills in the Digital Economy
The programme focuses on key digital economy skills, giving learners a competitive edge in the job market.
Competency-based Assessment
The programme assesses learners on real-world problem-solving and practical industry skills to excel in their professional roles.
Recognition & Reputation
The programme offers flexible, industry-relevant courses with valuable credentials for career advancement in the digital economy
Participants will be introduced to the fundamentals of blockchain, cryptocurrencies and smart contracts. They will also gain insights into the advantages and limitations of blockchain technology and appropriate use cases. They will also learn to combine both legal and smart agreements in one cohesive process using techniques applied in the field, in aim to offer their clients the best of both worlds.
Participants will gain a conceptual overview and insights into the technical know-how to be brought in to support the human element in the transition to a robot-filled working environment. Participants will also understand the implication of RPA to operations and the associated organisational impacts on people.
Participants will gain insights to the concepts of the “Metaverse” and “Web 3.0” and provide a framework for understanding how the law might evolve to deal with the challenges posed by these new technological frontiers. They will also learn how to deal with Web 3.0 and its relationship to the Metaverse.
Participants will be introduced to four fundamental ingredients that contribute to a culture conducive to innovation. This course includes hands-on activities for participants to practice newly learned skills and discuss practical considerations. The course also discusses the innovation culture framework which consists of leadership, environments, systems & processes, passion & grit.
Participants will gain an understanding on what is the Internet of Things (IoT) and how it works. Participants will also learn how IoT devices interact with users. Additionally, participants will delve into the constraints and opportunities of wireless and mobile networks for IoT.
Participants will develop an understanding of the foundations of Artificial intelligence (AI) and machine learning (ML), before developing a capability to deploy "Intelligent" and "Cognitive" tools within Process and Service Design contexts. Participants will also understand the governance challenges of "AI-Assisted" process, product, and service design.
This track focuses on developing expertise in data privacy, protection regulations, and major privacy frameworks and legislation. Learners gain the capability to conduct data privacy audits, design data security incident management plans, and implement privacy governance frameworks. This specialisation equips professionals with the skills needed to address the growing importance of data privacy and protection in organisations.
Programme Partner:
| Components | Contact Hours Equivalent (CHE) / [No. of modules] | |
|---|---|---|
| Skills-based Modules | Programme Core | 90 CHE [6 modules] |
| Track Core | 150 CHE [10 modules] | |
| Track Electives | 90 CHE [6 modules] | |
- A Practical Approach to Data Protection for DPOs
- Data Protection Management
- Advanced Data Protection Techniques: Data Protection by Design, DPIA & DPTM
- General Data Protection Regulation (GDPR) & Application on Asia
- Data Protection Frameworks & Standards
- Data Ethics & AI Governance Frameworks
- Concepts and Principles of Records Management in Today’s Digital Environment
- Digital Data Governance Framework & Standards
- Policy and Third-Party Management of Data
- Data Protection Risks & Audit Management
- Governance Risk Compliance (GRC) Professional Training
- Implementing a Compliance Management System ISO37301
- Implementing the Privacy Information Management Standard ISO27701
- Information & Cyber Security for Managers – EXIN Certification
- Data Protection Trends & the Role of the DPO
- Crisis Communications & Data Breach Response for DPOs
- Managing Performance, Stakeholders, Team Strengths for Data Governance
- A Hands-on Approach to Governance, Risk and Compliance
- Business Continuity Management for Managers
- Mobile Applications - Privacy by Design and Design Thinking
- Data Protection Principles in Asia Part 1 - Singapore, Hong Kong, India
- Data Protection Principles in Asia Part 2 - Philippines, Malaysia
- Data Protection Principles in Asia Part 3 - Indonesia, Thailand, Rest of the World
- Data Protection Principles in Asia Part 4 - Taiwan, China
This track provides learners with an understanding of the interdependencies across various aspects of supply chain management. Participants develop knowledge in IT systems, technology implementation, and emerging digital technologies such as big data analytics, Internet of Things (IoT), and machine learning. This specialisation empowers professionals to optimise supply chain operations, enhance decision-making processes, and stay at the forefront of technological advancements in the field.
| Components | Contact Hours Equivalent (CHE) / [No. of modules] | |
|---|---|---|
| Skills-based Modules | Programme Core | 90 CHE [6 modules] |
| Track Core | 150 CHE [10 modules] | |
| Track Electives | 90 CHE [6 modules] | |
- Fundamentals of Supply Chain Management
- Trade Regulations, Facilitation and Compliance Management
- Multi-modal and Transportation Management
- Autonomous Technologies and Robotics
- Introduction to the Innovation Transformation Toolkit and Project Management
- Advanced Analytics and Business Intelligence
- Business Strategy and Supply Chain Management
- Digital Supply Chain
- Intelligent Supply Chain
- Machine Learning and Digital Supply Chain
- Supply Chain Operations Management
- Air and Sea Freight Management
- Warehousing and Logistics Management
- The Digitalisation of Supply Chain – Insights and Outlook
- Internet of Things – Sensors and Actuators
- Digital Business Skills
- Introduction to Robotic Process Automation
- Intermediate Robotic Process Automation
- Advanced Robotic Process Automation
- Data Protection Management
- General Data Protection Regulation & Application on Asia
- Information & Cyber Security for Managers – EXIN Certification
This track provides learners with an opportunity to master the future of procurement. This dynamic programme is packed with essential modules covering procurement fundamentals, finance and data analytics, AI, automation, and more. Participants will not only gain the knowledge to drive cost efficiency, and streamline procurement processes but also develop the expertise to build strong supplier relationships and lead strategic, sustainable initiatives. This track is your pathway to becoming a forward-thinking leader in the rapidly evolving field of digital procurement.
| Components | Contact Hours Equivalent (CHE) / [No. of modules] | |
|---|---|---|
| Skills-based Modules | Programme Core | 90 CHE [6 modules] |
| Track Core | 150 CHE [10 modules] | |
| Track Electives | 90 CHE [6 modules] | |
- Fundamentals of Procurement
- Evaluation and Bid Analysis
- Contract and Performance Management
- Effective Category Management
- Finance and Data Analytics for Procurement
- Procurement Fraud, Ethics and Sustainability
- Mastering Effective Sustainable Procurement
- Sustainable Procurement Policy, Framework and Reporting
- Procurement Data Analytics and Performance Measurement
- AI, Automation and Robotics in Procurement
- Mastering Specification Writing with Design Thinking
- Advanced Procurement Negotiation
- Digital Procurement - Past, Present and Future
- Sourcing and Risk Management
- Supplier Relationship Management
- Sustainable Procurement for a Greener Environment
- Leading Procurement in ESG
- Sustainable Procurement Policy, Framework and Reporting
- Driving Sustainability in Suppliers
- Cybersecurity in Digital Procurement
- Leveraging the Internet of Things in Procurement
- Change Management in the Digitalisation of Procurement
- eProcurement System to Aid Digitalisation
- Machine Learning and Strategic Sourcing
Industry Certification (30 CHE)
OR
Personalised Learning Module (30 CHE)
Learners can personalise their learning through two options: ‘Design Your Own Course’ or pursuing industry-recognised credentials. This approach not only allows them to address their distinct learning needs, interests, and aspirations but also supports the development of Critical Core Skills of Adaptability, Learning Agility, and Self-Management, alongside industry-specific technical skills and competencies.
SMU-XL (60 CHE)
Learners will work on a project that engages them in solving a real-world problem for their employer or industry consultancy. They will be able to demonstrate their knowledge and skills by creating a solution prototype for project sponsors, developing content knowledge and Critical Core Skills like critical thinking, collaboration, creativity, & decision-making. Work-based learning offers adult learners valuable work-related experiences, applying academic and technical skills while enhancing employability.
þ Integrated SMU-Employer Partnership þ Education & Career Guidance by Career Development Coach
FEES
Please look under the respective track pages for the individual course fees.
ADMISSION REQUIREMENTS
Admission requirements
- A Bachelor’s degree with at least 5 years of relevant work experience; or
- A Diploma from a local polytechnic with at least 10 years of relevant work experience
Validity of stackable modules
- Up to 4 years. Requests for extension beyond the validity period of 4 years are subject to the review and discretion of the Academic Director, Lifelong Learning.
- In general, learners will be encouraged to complete the Industry Practice Master of Digital Economy within 3 years.
ONLINE APPLICATION & KEY DATES
| Application Stages | Start Date |
|---|---|
| Online Application | Registration opens on 2 Sep 2024 |
| Interview (Rolling Basis) | Oct 2024 Onwards |
| Term Commences | Jan 2025 |
FAQS
The IPM of Digital Economy is a flexible, personalised, industry-relevant continuing education pathway for adult learners. It allows learners to stack certificate courses, work-based learning, industry certifications, and personalised learning towards an applied postgraduate degree.
The programme offers three tracks: Data Protection and Data Governance, Digital Supply Chain and Intelligence and Digital Procurement. Each track has specific core modules and electives.
The Industry Practice Master of Digital Economy offers learners a flexible and personalised learning experience, empowering them to pursue their professional goals at their own pace. Learners can stack modules and pursue industry certifications that align with their interests and aspirations.
One of the programme's key strengths is its integration with the industry through co-curation of SMU-XL projects. This unique approach ensures that learners gain real-world exposure and practical skills, enabling them to bridge the gap between theory and practice effectively.
Competency-based assessment places a strong emphasis on application, ensuring that learners not only acquire knowledge but also develop the ability to apply their skills in real-life scenarios. Career development coaches will be available to offer valuable support in career planning, enabling learners to make informed decisions and chart their professional trajectory effectively.
The IPM programme is designed for adult learners. The admission requirements include a bachelor's degree with at least 5 years of relevant work experience or a diploma from a local polytechnic with at least 10 years of relevant work experience. International learners may also enrol, but they will not be able to access SSG funding for the modules.
The IPM is a flexible, personalised, industry-relevant continuing education pathway for adult learners, providing them with the opportunity to stack certificate courses, work-based learning, industry certifications and personalised learning towards an applied postgraduate degree. The IPM is skills-based and industry-relevant. Learners of the IPM have the flexibility to learn at their own pace and stack modules towards the IPM. The recommended duration for IPM is 3 years, but learners have the flexibility of up to 4 years to complete the degree.
PGPP, on the other hand, are traditional Masters programmes. They are industry-relevant but more structured and academically rigorous. Masters students will also have a holistic university experience. PGPP are generally 1 year for full-time and 2 years for part-time.
Yes, upon successful completion of the IPM, you will be invited to the SMU Commencement Ceremony.
The Industry Practice Master (IPM) of Digital Economy programme provides adult learners with industry-relevant skills, flexible learning pathways, and hands-on experience in real-world scenarios. It focuses on key digital economy skills and offers specialised knowledge in data privacy, supply chain management, and emerging digital technologies.
Upon successful completion of the Programme, you will be conferred an Industry Practice Master of Digital Economy degree from the Singapore Management University.
In the near future, we plan to explore the incorporation of more IPM tracks to meet the growing demands of the industry.
There are two intakes for the IPM yearly. One in January and one in August. Registration will open a few months in advance.
The recommended duration for the IPM programme is 3 years, but learners have the flexibility of up to 4 years to complete the programme.
Any request for extension beyond the validity period of 4 years is subject to the review and discretion of the Academic Director, Lifelong Learning. A validity period is recommended to ensure that the curriculum is up-to-date and relevant, given the short knowledge cycle for technology.
Please look under the respective track pages for the individual core modules and electives.
Data Protection and Data Governance Track
Yes, you will be exempted from modules that you have already completed, provided that they have been taken within the past 4 years.
Yes, you may take the modules in any order, but there are fixed dates scheduled for the modules in the Programme Core and Track Core.
The trainers for the programme consist of adjunct lecturers from SMU as well as external trainers. They bring a diverse range of knowledge and insights to ensure a comprehensive and enriching learning experience for all participants.
The Industry Practice Master (IPM) of Digital Economy programme is designed for working adults, primarily Singaporeans and Singapore Permanent Residents, who have a bachelor's degree with at least 5 years of working experience or a diploma with at least 10 years of relevant experience. The typical age group of participants is late 30s to 40s. The programme is ideal for individuals seeking to upskill or reskill in areas such as data protection and governance, digital supply chain and intelligence, and digital procurement, as well as those looking for a flexible and personalised learning pathway toward an applied postgraduate degree.
Yes, you can change your choice of track after completing the Programme Core modules in the Industry Practice Master (IPM) programme. Upon completion of the Programme Core modules, you have the flexibility to choose whichever track you prefer, but not midway after you have embarked on the Track Core.
Each of the skills-based modules would have its own assessment, meeting SSG assessment requirements. On top of that, learners who enrol in the Industry Practice Master will be required to take two additional assessments: Programme Core Assessment and Track Core Assessment.
The programme will be conducted both online (40%) and in-person (60%) depending on the respective modules.
All lessons are conducted during office hours on weekdays.
If the intake of a module does not meet the minimum required number of learners, it will not be cancelled but will be conducted online.
There will be a holistic admission process with criteria based on education qualification, relevant work experience and an interview, if necessary. Applicants should have a Bachelor's degree with at least 5 years of relevant work experience or a diploma from a local polytechnic with at least 10 years of relevant work experience.
There will be an interview, but no entrance tests.
We would encourage learners with a Bachelor's degree to have at least 5 years of relevant work experience and learners with a diploma from a local polytechnic to have at least 10 years of relevant work experience. For interested applicants with less than the required years of relevant working experience, you may wish to apply, and we will review it on a case-by-case basis.
Currently, only the listed modules offered by the SMU Academy will be recognised for the IPM.
Please refer to the respective IPM tracks for the full fee breakdown.
Yes. There is both an application fee and a registration fee per programme. Kindly take note that both fees are non-refundable & non-transferable.
Please refer to the breakdown below:
| Application Fee | Registration Fee | |
|---|---|---|
(inclusive of GST) | Singapore Citizens & Permanent Residents: $654.00 (inclusive of GST) | Foreigners: $763.00 (inclusive of GST) |
The registration fees include matriculation, library/computer account, insurance and other miscellaneous fees.
Our Course Policies apply for the respective modules in the Programme Core, Track Core and Track Electives.
The fees are non-refundable.
The respective fees apply. Please refer to the section on Programme Fees.
SSG funding is available for modules under the Programme Core, Track Core and Track Electives. The nett fee payable after SSG funding is reflected under the section on Programme Fees.
Yes, international students may apply for the IPM programme.
This will be on a case-by-case basis.
Yes, learners under this IPM will be issued a matriculation card.
SSG funding is available for modules under the Programme Core, Track Core and Track Electives. The nett fee payable after SSG funding is reflected under the section on Programme Fees.
ETSS is available for modules under the Programme Core, Track Core and Track Electives.
Participants are required to attain a minimum of 75% attendance and pass the associated assessment for each module under the Programme Core, Track Core and Track Electives to be eligible for SSG funding for the respective module.
