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The Abu Dhabi Global Market Academy, in collaboration with the Center for Finance, Technology and Entrepreneurship in London, has announced the provision of 100 scholarships for those who wish to acquire or develop their skills in finance and financial technology and be a part of it. The growth of this fast growing sector.
The aim of these scholarships is to support the bright minds of the region and accelerate the development of their careers in financial services, develop new skills in financial technology and empower the female workforce as well as half of these scholarships will be allocated to women. Achieve the fifth sustainable development goal related to gender equality.
Fintech is close to the economic revolution and one of the fastest growing sectors in terms of finance. The global financial technology market reached 30 7301.78 billion in 2020 and is expected to grow at an annual compounded rate of 26.87%.
The goal of the ADGM Academy Scholarship Program is to help students and professionals from a variety of backgrounds get a quality education, ready to innovate new financial systems. Beneficiaries of these programs will have access to the e-learning platform “Think”, which offers these advanced courses and is prepared by more than 200 financial experts who are familiar with the skills of everyone who wants to work in this sector.
Each training program offers a flexible educational approach covering a wide range of topics ranging from open banking, financing, blockchain solutions, artificial intelligence, central banking digital currency, regulatory technology and more to bridge the huge gap in talent deficit in this sector.
It will give students unlimited access to low-speed courses, the ability to participate in exclusive fintech events, the story of startups behind disrupted innovations, and a vibrant world community. The courses will enable students to learn about the evolution and impact of fintech, customer demand orientation, fintech projects, models and integrated regulatory systems and new initiatives.
Hamad Sayah Al Majrooi, Director General of ADGM Academy, said: “ADGM Academy recognizes the need to provide an ideal environment for critical innovation that contributes to the advancement of knowledge, skills development and growth of the financial services sector. We are committed to contributing to strengthening the region’s position and readiness for the future to lead the financial sector and play an important role in the global economy.
The best way to achieve this is to partner with the Center for Finance, Technology and Entrepreneurship to provide world-class education and training programs in the field of FinTech. The launch of the Scholarship Program is part of the Academy’s commitment to develop and support various capacities in financial technology and financial services, and to support the UAE’s national agenda. The agenda of the program aims to make the UAE one of the leading countries in terms of ease of doing business, innovation and research and development.
She added, “It is also important to support the goal of economic empowerment of women in academia, as we want our Fintech courses and training programs to open the door to higher paid careers and leadership for women through the provision of gender-focused scholarships. Introduction. , Using the power of their phones and FinTech applications to develop their skills and confidence to start their own business in the future as well as provide opportunities for financial independence.
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