Bahrain Bourse (BHB), a self-regulated multi-asset marketplace, has announced the launch of the third edition of the Capital Markets Apprenticeship Program. The program welcomes the participation of 10 interns from a pool of more than 235 applicants. The entry requirements for this edition of the program has been expanded to accommodate graduates with IT backgrounds seeking a career in Digital Transformation within the Capital Markets Sector to support the Kingdom's digital transformation journey.
The Capital Markets Apprenticeship Program is an on-the-job training program aimed at Bahraini graduates seeking practical experience in the Capital Markets Sector, and it stems directly from Bahrain Bourse's belief in the importance of fostering investment awareness and instilling financial literacy across various age groups.
Shaikh Khalifa bin Ebrahim Al-Khalifa, CEO of Bahrain Bourse, commented “We are proud to empower Bahraini youth through the Capital Markets Apprenticeship Program in its third edition which aims to provide them with a unique opportunity within their careers in capital markets. This year, we expanded the entry requirements of the program to accommodate graduates with IT backgrounds seeking a career in Digital Transformation within the Capital Markets Sector, going in line with the Digital Transformation and innovation journey of the Kingdom of Bahrain, especially with the growing awareness of digital solutions and their importance in enhancing operational efficiency in institutions."
“This program is a continuation of our financial literacy programs and is consistent with our ongoing efforts to empower the younger generation with unique training opportunities, and is in line with the Economic Recovery Plan that aims to create quality jobs for Bahrainis to make them the employee of choice in the labor market as well as develop the various key sectors to support GDP growth," Shaikh Khalifa added.
During a six-month period, selected participants will be undergoing job rotations across Bahrain Bourse and Bahrain Clear. More specifically, the rotation will expose them to various specialization areas including Trading Operations, Marketing and Business Development, Risk & Compliance, Financial & Accounting Affairs, and Project Management. Interns will gain advanced training in trading skills and other workshops related to the Capital Markets Sector, including research methodologies, financial analysis, and digital transformation.
Furthermore, the interns will benefit from the opportunity to network with and learn from key capital market decision-makers to enhance their knowledge and enhance their practical experience by being exposed to Bahrain Bourse and Bahrain Clear operations. This will in return qualify them for career opportunities in the Capital Markets sector.
The program consists of 3 phases that analyze applicants and evaluate their performance through evaluation assessments, interviews, and presentations. Upon completion of the program, interns will be issued a certificate of participation and an evaluation letter highlighting their key attributes for potential employers to boost their employability for future employment prospects in disciplines relevant to the Capital Markets.