London, Abu Dhabi, February 8th, 2022 – Access to high-quality education and skills in financial services and fintech has been enhanced in the United Arab Emirates through a joint initiative of the Abu Dhabi Global Market Academy (ADGMA) and the Centre for Finance, Technology and Entrepreneurship to offer scholarship to learners in the UAE. The scholarship programme aims to help students and professionals from diverse backgrounds to obtain quality education in topics that are shaping the financial technology industry today.
The scholarships—half of which will be for women—will provide learners with free and unlimited access to CFTE’s e-learning platform, THINK, for courses in Open Banking, Payments, Blockchain, AI, Central Bank Digital Currencies, RegTech and more taught by industry experts from global institutions and disruptive startups.
The launch of the scholarship programme is part of the commitment of both ADGMA and CFTE to promote and support diverse capability development in fintech and financial services, and support the UAE National Agenda of 2021, which aims to position the UAE among the leading nations in ease of doing business, innovation, and research and development indicators. In this regard, the ADGMA and CFTE have a long-standing partnership to develop talent in the MENA region. CFTE collaborated with ADGMA to launch the AI in Finance Programme in 2019 and both organizations have worked closely together since to deliver other educational programmes in the region through courses and events.
Huy Nguyen Trieu, CFTE’s Co-founder, signed a partnership with ADGMA in at Fintech Abu Dhabi 2019
“As the UAE leads in the area of financial services and technology in the MENA region, the ADGMA understands the need to transform the delivery of education and skill development and help the region become future-ready as financial leaders with an important role to play in the global economy. That means working with the best organizations such as the CFTE to enable access to world-class best practices and skills in cutting-edge technology across a wider group of people with diverse backgrounds so that the MENA region has the talent relevant for financial industry,”Hamad Sayah Al Mazrouei, Managing Director of ADGM Academy
A major change in the fintech and financial services industry is the evolution of technology-driven tools needed to excel in various job functions. According to CFTE’s research in the Fintech Job Report, 80% of jobs in fintech are those found in technology companies making it a big challenge for those lacking the right skills and mindset to access these opportunities.
“At CFTE, we believe in levelling the playing field by making quality education in fintech accessible to people from different regions and backgrounds. Making the industry more accessible to women is also a big part of CFTE’s mission. In this regard, CFTE has supported several initiatives to help people benefit from fintech education across countries – from the United Kingdom, Budapest, Luxembourg, Singapore, Malaysia, Hong Kong and the UAE, and is continuing to push to make a bigger impact. We are hopeful that the initiative enables more women to accelerate their career in financial services by providing highly-relevant content and education in the industry to build new skills”Tram Anh Nguyen, CFTE’s Co-founder
The ADGMA training programmes emphasise technology-driven tools and techniques that are crucial for the future of the Emirate of Abu Dhabi. Their training programmes also aim to help achieve government excellence for the Emirate of Abu Dhabi and will facilitate the UAE’s objective of transitioning into a competitive, knowledge-based economy.
About ADGM Academy:
Delivering world-class financial education and literacy, ADGM Academy will help to position Abu Dhabi as a leading global financial centre. This will be achieved through worldwide recognised educational and experiential programmes on a range of topics and qualifications in banking, finance, leadership, entrepreneurship, technical and soft skills.
CFTE is a global knowledge platform in digital finance that aims to liberalise education by making learning about the biggest technologies and trends in finance accessible to anyone. We help people build skills to transform their careers with courses that go beyond traditional learning. At CFTE you can learn from those steering the biggest developments in the financial sphere – from global CEOs to disruptive entrepreneurs hailing from Starling Bank, UBS, Mastercard, IBM and other large institutions. To help meet every learner’s goals, CFTE offers Specialisations to get certified in any area of digital finance as well as continuous learning material to stay on top of the latest trends in digital finance 365 days a year on THINK. From beginner to master, at CFTE there is something for everyone.
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