MANAMA: Bahrain Bourse has commenced the first edition of the Capital Markets Apprenticeship Program on Thursday, 1st April 2021 with the participation of 8 interns out of more than 470 applicants for the program.
The Capital Markets Apprenticeship Program is an on-the-job training program that targets Bahraini graduates who are willing to gain practical knowledge in the Capital Markets Sector and directly stems from BHB’s belief of the importance of promoting investor education and instilling financial knowledge among various age groups.
Chief Executive Officer of Bahrain Bourse, Shaikh Khalifa bin Ebrahim Al Khalifa, said: “We are pleased to commence the first edition of the Capital Markets Apprenticeship Program which complements Bahrain Bourse’s other awareness initiatives that aim at enhancing and spreading financial awareness to reach out to a wider segment of the society.”
“We welcome the interns joining the first edition of the program, hoping that they benefit from the program that aims at providing them with practical experience to enhance their skills and knowledge of the Bahrain’s Capital Markets and the Capital Markets Sector. We are particularly thankful to the Board Members and the executive management of all of the listed companies and the participating institutions, who have supported the Capital Markets Apprenticeship program through providing the interns with the opportunity to organize roundtable discussions with key decision-makers within the capital market,” Shaikh Khalifa added.
The program aims to bridge the gap between the educational and practical aspects through a six months tenure where selected individuals will be working as full-time interns across Bahrain Bourse and Bahrain Clear, benefiting from advanced training in trading skills, research methods and Capital Market financial analysis. The interns will also benefit from the opportunity to interact with, and learn from, decision-makers within the capital market.
During the program’s tenure, the interns will undergo job rotation across different directorates within Bahrain Bourse and Bahrain Clear (including the following: Trading Operations, Listing and Disclosures, Marketing and Business Development, and Murabaha Unit). This will help interns gain full and diversified exposure to Bahrain Bourse and Bahrain Clear’s operations and obtain a full understanding on the Bahraini Market in specific, and the Capital Market Sector in general.
The program will also equip the interns with the set of skills required to occupy high-level employment opportunities within the Capital Market.
Bahrain Bourse announced the launched of the Capital Markets Apprenticeship Program and started receiving applications for the program during the mid. of February 2021. The program comprised of three phases to assess applicants to evaluate the performance of applicants through evaluation assessments and interviews, in order to short-list the applicants for the program.
Interns will be awarded with a certificate of participation and an evaluation letter detailing their key attributes for future employers to enhance their employability for future recruitment opportunities in fields related to the Capital Markets Sector.