GUST’s Gulf Financial Center Strikes Strategic Agreement with London’s Chartered Institute for Securities & Investment (CISI)
Kuwait City, February 1st 2017: Gulf University for Science and Technology’s (GUST) Gulf Financial Center (GFC) has signed an agreement with the Chartered Institute for Securities & Investment (CISI) to become the first academic testing center and training provider for CISI certifications in the region. This agreement will see the university embed CISI certifications into GUST’s finance degrees.
Representatives for CISI, Simon Culhane Chartered FCSI, Chief Executive, and Matthew Cowan Chartered MCSI, Regional Director, visited GUST last week to discuss how the partnership will be implemented in practical terms. The agreement will incorporate CISI certifications in GUST’s curricula, which will allow students to experience applied training. This comes as part of the university’s approach in preparing its students for the job market and financial industry upon graduation. Following the discussion, they visited the GFC, which is one of the most advanced virtual trading rooms in the Middle East that allows students to learn through virtual stock trading and first hand exploration of different financial stock market systems.
CISI CEO, Simon Culhane said, “I applaud GUST’s objective to ensure their graduates are fully work-ready when they leave the University. By embedding the CISI’s International Introduction to Securities & Investment in the degree programme, GUST graduates will not only achieve an academic qualification but have completed the first stage of the mandatory exams to enter the capital markets sector.”
Vice President for Academic Affairs at GUST, Dr. Salah Al-Sharhan added, “Our target is to provide our students and community with something different - an exceptional quality of education that will establish our graduates in the market, thereby allowing to have a greater impact.”
Based in the City of London, the Chartered Institute for Securities & Investment was formed in 1992 by London Stock Exchange practitioners. CISI is the leading professional body for securities, investments, wealth and financial planning professionals, with a global community of over 40,000 members in 116 countries.
GFC Director, Dr. Sulaiman Al Abduljader said, “We are delighted to work with CISI in transforming the financial industry in Kuwait. The addition of these CISI high caliber certifications will prove valuable to our future graduates and the local financial community. This will allow our students in GUST and all professionals in the financial community to utilize the GFC platform for live hands-on applied training in financial markets and money management.”
GUST currently holds major exclusive training contracts with esteemed organizations in both the public and private sector. It also operates a subsidiary which is an accredited testing center for CFA, CMA, CPA and GMAT prep courses. These developments bring GUST closer to fulfilling its vision in becoming a versatile knowledge hub that equips its students with theoretical and practical training, vital for success in the real world.