The launch of the “Young Financial Advisers Program” to qualify young people in the field of financial culture

The Federal Youth Corporation, in cooperation with the United Arab Emirates Central Bank and the Securities and Commodities Authority, announces the launch of the “Young Financial Advisors Program” to rehabilitate and prepare Emirati youth as financial advisors specialized and accredited in financial culture, and are able to provide effective and inspiring financial education by improving the quality of financial decisions for youth, motivating them to save and invest, and educate them about how to benefit from investment opportunities in Emirates Market.

One of the main trends of the national agenda for youth 2031, and within the initiative of the professional school for the UAE youth, aims to enhance financial and knowledge awareness among Emirati youth, enable them to achieve financial independence, and motivate them to engage in scientific research and benefit from the best local and international practices in financial consultations, and to qualify a generation of young financial advisors who are able to become an example in the field of culture Personal finance, in addition to providing opportunities for promising professional paths that suit young people, and contribute to achieving their aspirations in the labor market.

The basic necessity

Commenting on this occasion, Dr. Sultan bin Saif Al -Neyadi, Minister of State for Youth Affairs said: “The wise leadership in the UAE has always been keen to continue to empower young people by providing them with the necessary thought and values ​​to be active in society, because of its firm belief that they are the backbone of sustainable economic development, so strengthening their knowledge and skill capabilities in various areas is a basic necessity to prepare a generation of future leaders who are able His responsibilities are effectively and influential to contribute to achieving the aspirations of the country, as empowering young people in the field of financial culture is an essential part of the national strategy, as providing young people participating in the “Young Financial Advisers Program” with knowledge and skills is an important step towards enabling them to manage their financial affairs, which contributes to building a stable and sustainable future, in the framework of qualifying national cadres that realize the importance of its role in the growth and prosperity of society. “

For his part, Khaled Mohamed Al -Buma, Governor of the Emirates Central Bank, said: “Based on the keenness of the wise leadership to enable young people to lead the financial sector in the country, the central bank continues to intensify its efforts to expand financial inclusion and enhance the principles of awareness and financial culture of society.

This stressed that the launch of the “Young Financial Advisers” program reflects our continuous commitment to qualifying young Emirati cadres specialized in various financial fields, enabling them to work and contribute effectively in the financial sector, and building an economy based on knowledge and innovation, in a way that serves sustainable development for future generations. The joint efforts with the Federal Youth Foundation and our strategic partners are a pivotal step in developing youth experiences at high professional knowledge levels, and refining their skills to play leadership roles that enhance the future of the financial sector and support the sustainable development process of the state.

In turn, Walid Saeed Al -Awadi, CEO of the Securities and Commodities Authority, said: “We are proud of our cooperation with the Federal Youth Corporation to launch the program of young financial advisors, which embodies the authority’s commitment to a long -term vision based on enabling young national competencies, and providing them with advanced financial knowledge and skills, and continued: Investing in the UAE youth is a direct investment in the future of the economy The national, understanding the basic engine of innovation and sustainability of growth in the financial sector. Through this qualitative program, we aspire to prepare a generation of financial advisors who are able to keep pace with global trends, enabling them to provide smart financial solutions that enhance economic efficiency, and support financial inclusion and sustainable development, in line with the directions of rational leadership towards building a competitive and global knowledge economy.

Domains and outputs

The program focuses on 7 main areas that include: the basics of financial culture, financial and critical economics, pioneering financing, financing and investment, financial systems and regulations, content industry, and training skills, as the Federal Youth Corporation seeks to achieve a group of basic outcomes: enhancing advanced financial knowledge and developing practical skills for young financial advisors, which enables them to raise the level of financial awareness of the Emirati youth, and enable the participants from Preparing and providing educational content that contributes to the consolidation of a sustainable financial culture and enhances their ability to achieve financial independence, as it works to qualify young people and provide them with the necessary knowledge that qualifies them to apply for international certificates accredited in the field of financial culture.

Within the framework of the general community, the program contributes to the consolidation of the concept of societal giving by involving young financial advisors in providing voluntary hours to train their peers and transfer their financial knowledge, in addition to building a national network of trainers and financial advisors who are qualified to work effectively in the field of financial awareness within society.

The program, which combines theoretical training and practical application, includes a set of interactive activities that are distributed over more than 30 training hours provided over a period of 4 consecutive, with the aim of enhancing the financial skills of the participants, such as attendance workshops focusing on practical applications in the financial field, and fields and field visits to identify the work environment in local and international financial institutions, along with the Hackthon financial application to stimulate innovative thinking in finding New financial solutions, in addition to providing practical and professional exercises in local and international institutions to acquire the participants, the necessary experiences, as well as reading and discussion sessions will be organized with specialists with specialists and other guidance to determine the main paths in this field, as well as guidance sessions with local and international experts to exchange knowledge and best practices in the field of financial consulting.

Curricula and standards

The criteria for participation in the program require that the application submitted be from the citizens of the United Arab Emirates, who are between the ages of 25 and 32, and that he holds an academic qualification in one of the relevant specializations such as, business administration, accounting, finance, investment, economics, law, or any other field related to the financial sector, and has practical experience of no less than one year so that it is compatible with the aforementioned academic specializations, or not less than 3 years In the financial services sector in the event that he does not have a certificate in one of the previous specializations, it is also required that the applicant enjoy high skills in communication and leadership, with clarity in the goals and motives that motivate him to participate in the program, in addition to his mastery of both Arabic and English, which reflects his readiness to benefit from the program and contribute active in spreading the financial culture among members of society.

Certificates and chances

Upon completion of all the requirements of the program, the participants obtain a completion certificate issued by the Federal Youth Corporation, and certificates trained in financial culture accredited by the United Arab Emirates Central Bank, in addition to a significant financial statement approved by the Securities and Commodities Authority, which enhances their chances of qualifying to work as financial advisors, as certificates are granted to those who fulfill the requirements specified in the conditions and conditions related to the program, within the framework of seeking to achieve a tangible impact on Young people by enabling them to acquire high professional skills that enhance their presence in the financial and consultant labor market.