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Initiative name: Derasatee Description of the initiative: Educational scholarships that is provided by different banks in UAE to UAE Nationals to pursue an academic diploma program on Banking and Finance. Objective of the initiative:
• Offer educational opportunity to UAE Nationals
• Strengthen the banking sector with qualified UAE Nationals
• Have sustainable national workforce ready to meet bank’s current/ future expansion.
• Contribute to banks commitment on the development and employment of UAE Nationals.
• Help banks in meeting their annual Emartization quota. Programs covered in the initiative:
• Banking Diploma
• Islamic Banking Diploma
• Higher Diploma
Note: Both programs are approved by ministry of higher education and scientific research. Location of programs offered:
• Sharjah Campus
• Abu Dhabi Campus
Length of the program:
• 16 to 24 month based on the candidate’s English level (IELTS 5) Program start date:
• Academic year 2010 – 2011 (starting early September 2010) Sources of candidates:
• Advertisement for fresh high school graduates
• National HR bodies (Tanmia, AD Tawteen Council, Sharjah HRS)
• Bank’s Database Bank’s commitment: • Signing employment contract with the candidate prior to joining the program • Contribute to the 40% of the published programs tuition (11,200) paid over the duration of the program. IELTS preparation fees are extra.
• Pay monthly allowance to the candidate over the duration of the program. (allowance of the amount to be decided by the banks) that covers transportation and normal living expenses.
• Offer 2 months internship during the program. Candidate’s commitment:
• Meet the program requirements and maintain AGPA of 70%.
• Meet EIBFS roles and regulations.
• Obtain the IELTS 5 within two semesters.
• Morning classes/ evening classes.
• Other requirements based on the bank roles and regulations. |