The Saudi Central Bank (SAMA) announced that it has opened registration for its Investment Immersion Development Program, which aims to employ and develop local investment professionals. The program involves intensive theoretical and practical training in various investment fields, including developing expertise in global markets, investment management skills, leadership capabilities, effective communication, and strategic thinking. The Central bank clarified that the program was designed in cooperation with the Wharton School at the University of Pennsylvania–one of the globally leading business schools in the United States– and with a number of major global banks and asset management institutions, thus providing selected candidates with an integrated experience of advanced educational courses and practical experiences needed in the investment field.
The Saudi Central Bank indicated that registration for the program has started and will continue until 05/11/2022 (Link Here). The program targets Saudi nationals holding a bachelor's or master's degree in finance, accounting, economics or statistics from a Saudi or an accredited international university with a grade of "Very Good" and above or its equivalent. Other application requirements include English proficiency, an age limit of 27, and passing behavioral and technical tests and interviews.
The central bank clarified that the Investment Immersion Program includes an advanced technical course at the Wharton School of the University of Pennsylvania in the United States, on the job training at international banks and asset management companies, and investment-related job rotations at the Saudi Central Bank under the supervision of experts and specialists in asset management and global financial markets. The program concludes with a placement in one of the specialized investment units within the Investment Deputyship of SAMA. In addition, participants will be offered follow-on programs to enhance their investment and technical skills, and will receive a set of distinctive employment benefits.
