Cooperation between "Financial oversight" And the Spanish Institute of Stock Exchange Studies to offer a master’s degree in financial markets
The Chairman of the Financial Regulatory Authority, Dr. Mohamed Farid, witnessed the signing of a cooperation protocol between the Financial Services Institute (FSI), the training arm of the Financial Regulatory Authority, and the Spanish Institute for Stock Exchange Studies (IEB), at the Authority’s headquarters, within the agreement concluded between the two parties and the two parties hereby submit The International Master’s Degree in Financial Markets in Egypt.
The Financial Regulatory Authority stated – in a statement today, Sunday – that the International Master’s Program in Financial Markets aims to provide students with broad and professional knowledge in all aspects of finance by focusing on actual practice. And how Applying theoretical concepts and linking them to the real practical reality in the field of finance.
She explained that the attendees will provide exercises and case studies, in addition to practical training and actual simulation through training on the (Bloomberg) platform, in addition to the trading platforms that simulate the online portfolio. In addition to supporting students’ personal skills and group interaction in classrooms and presentations, as well as field visits at the end of the master’s degree to entities related to the subjects of study.
She indicated that the duration of study in the master’s degree is currently 15 months of intensive study, which is expected to begin with a total of 500 hours divided into 9 study subjects. At the end of the program, there will be an intensive stay in the city of Madrid, Spain, over a period of seven days, which includes the remaining study in addition to the submission of graduation theses, and field visits to relevant authorities. She added that the master’s program addresses macroeconomics, money markets, financial markets, evaluation, and derivatives. Finance, asset management, corporate finance, market and credit risk, compliance, financial technology, and cybersecurity, noting that teaching is done by combining physical attendance in classrooms in Cairo at the headquarters of the Financial Services Institute in the Smart Village and distance learning from Madrid, knowing that Participating students from outside Egypt can attend via the Internet throughout the study period, but it is mandatory to attend during the study period in Madrid and submit graduation theses.
She continued: "This master’s program is the first program offered by the IEB Institute in 1989, and since that time it has become a reference in financial training in Spain. Not only has it been included in the classification of El Mundo newspaper for years, but it has also won the Rankia Award, one of the The best Spanish-speaking financial community with a presence in 10 countries in Europe and Latin America, as one of the best Master’s programs in Finance, in addition to that it has been licensed by the Spanish Financial Supervision Authority (CNMV) as an accredited program to provide advisory services. And informatics in accordance with European Union legislation (MIFID). Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority, said, “The new format of the Master’s program takes into account the dynamics and changes occurring in the educational aspect in the financial and investment field, and with regard to derivatives,” noting that 24 students have graduated from the Master’s program since its launch in various fields, between… Financial markets, insurance, banking, and others. He added that the new format of the Master’s program focuses, among its topics, on the issue of cybersecurity, explaining that achieving financial inclusion or enhancing financial culture will not be possible without digitization and technology.
He pointed to the importance that the Financial Supervisory Authority attaches to cybersecurity. In order to approve digital applications, otherwise the Authority will be facing financial risks that it does not accept, pointing to the strict requirements and conditions imposed by the Financial Supervision Authority on cybersecurity on the platforms of entities that provide non-financial services. Banking.
Dr. Muhammad Farid touched on artificial intelligence, explaining that it will change everything in the field of non-banking financial services. However, while the methodology for obtaining knowledge may change, knowledge and familiarity with it will not change, stressing the importance of Realizing and understanding the need to learn, as well as understanding the various artificial intelligence systems that can be adopted in various activities, especially the non-banking financial field.
He highlighted the importance of understanding artificial intelligence applications and the risks that they may include, including what is called Hallucinations, but among the ways in which such dangers can be overcome is learning, consolidating critical thinking and using common sense in judging knowledge coming from various sources.
For his part, Eduardo Soriano, the economic and commercial advisor to the Spanish Embassy, expressed Egypt expressed its happiness in organizing the signing of the protocol between the Financial Services Institute (FSI) and the Spanish Institute for Stock Exchange Studies (IEB).
He highlighted the interest of the Spanish authorities in strengthening ties and cooperation with Egypt, stressing The necessity of education strengthening the ties between the two countries, and that those in charge of the program attach great importance to education and hence the interest in the master’s programs offered (FSI) and (IEB), adding that the present of the two countries is trade and investment, but the future lies in education, explaining that the orientation of Egyptian students under the program The Master’s degree will contribute to creating links with Spanish society, which will benefit trade, investment, and the business community in general.
In turn, Alvaro Drake, Secretary-General and Coordinator of Institutional Relations for the Institute of Studies, pointed out The Spanish Stock Exchange, he pointed out the importance of the master’s program, describing the signing of the protocol as “an additional step.” In order to strengthen relations with the Middle East, especially the important Financial Regulatory Authority.
He praised the efforts made by Dr. Muhammad Farid, which efforts were crowned by the signing of the protocol, explaining that (IEB) seeks to develop its performance with partners at the Financial Services Institute to grant Skills and the idea of professionalism, achievement and great success in the world of finance for students in the upcoming courses in the best ways. Drake also praised the quality of the curriculum taught through the Master’s program and those in charge of it.
He described the efforts made in designing the program as representing "added value" For the students, pointing out the importance of the program in overcoming the problems affecting the world, especially the financial aspect. He also noted that the performance levels of the first batch of students achieved wonderful levels that were evident through the research submitted by the students in Spain, and were discussed in academic sessions at the institute to obtain a master’s degree.
For their part, a number of graduates praised the importance of the Master’s degree offered by the Spanish Institute, as it reviews many practical cases and not just a theoretical study, in addition to access to various experiences and experiences. For many financial markets. The Financial Services Institute (FSI) was established in July 2010 pursuant to Law No. 10 of 2009 regulating non-banking financial markets and in accordance with Presidential Decree No. 260 of 2010 to replace the Egyptian Insurance Institute, which is the training arm of the Financial Regulatory Authority, which began work in 2011 by offering its courses. Training for a large number of workers licensed to work in the non-banking financial sector, including, for example (money market, insurance, real estate financing, and leasing). financing, medium, small and micro enterprises, and financing deferral).
The objectives and strategies of the Financial Services Institute are derived from the needs of the non-banking financial sector through capacity and skills building, in cooperation with local and international educational and professional bodies to bring best practices to the financial sector. Non-banking.
The Spanish Institute for Stock Exchange Studies (IEB), which is a university center for postgraduate studies, was established in 1989 as one of the leading colleges in business administration and finance in Spain. Sponsored by the Madrid Stock Exchange, it is considered the first university center specialized in teaching finance, in addition to having academic partnerships with one of the oldest universities in Spain, such as the Complutense University of Madrid (1822) and Rey Juan Carlos University (1996).
It offers (IEB) offers a wide range of academic programs in finance and law, equivalent to nearly 100 educational programs. It also offers bachelor’s and master’s programs, as well as executive education programs. A number of the programs offered by (IEB) have been accredited by the… The Spanish Financial Supervision Commission (Comisión Nacional del Mercado) as certificates compatible with its legislation and European Union legislation, such as (MIFID).
The (IEB) in Spain is considered among the most important international academic bodies implementing and granting these programs, as it A member of the AEEN Federation in Spain, a member of the EFMD Foundation in Europe, a member of the AACSB Federation in the United States, in addition to its membership in ClADEA in America. Latin.
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