Manama, April 13 (BNA) The Central Bank of Bahrain announced its cooperation with the University of Bahrain to provide its support for advisory projects that crown a master’s degree in financial technology at the university.
This came within the framework of the Central Bank of Bahrain’s commitment to enhancing the competitiveness of the financial services sector and accelerating the development of the local talent pool to meet the needs of the rapidly evolving digital economy.
The program will include the submission of research topics for students’ graduation projects.
The training program will be delivered via the CBB’s digital lab, FinHub973, which is powered by Fintech Galaxy’s FinX22 Open API platform.
The graduation project for the MSc in Financial Technology consists of a consulting experience in which students apply the knowledge and skills they have learned in the programme.
The program aims to develop new insights for its candidates towards new financial technologies and financial analytics.
“We are pleased to announce our cooperation with the University of Bahrain to empower Bahraini students, by providing them with the skills required for today’s business environment that is dominated by advanced financial technology applications and innovations,” said Yasmine Al Sharaf, Director of FinTech at the Central Bank of Bahrain’s Innovation Unit, said.
“Investing in developing the skills of Bahraini youth to face the changing dynamics in the financial world and providing them with all means of support is a major priority for us at the Central Bank of Bahrain and an integral part of an effective financial system.”
She commended the role of BBK, Bahrain Islamic Bank (BisB) and Arab Banking Group (Bank ABC) in supporting this initiative and their commitment to supporting the local workforce, stressing their leadership and constructiveness. Efforts in developing the financial technology ecosystem and the financial services sector in general.
The Dean of the College of Business Administration, Prof. Dr. Hatem Al-Masry, praised the support that the College enjoys from major companies and institutions in the public and private sectors, led by the Central Bank of Bahrain.
He stressed that this support will contribute to improving the output of scientific research in the college on the one hand, and finding solutions to the challenges facing the banking sector in the Kingdom of Bahrain on the other hand.
Dr. Hana Bawazeer, Head of the Department of Economics and Finance at the College of Business Administration at the University of Bahrain, expressed the department’s keenness to cooperate with specialized experts in order to enrich program participants with innovation and creativity skills in this field and training. them practical and theoretical, preparing them to meet the challenges of the current data-driven economy.
FKN