Muscat Daily

Bank Mus­cat ACCA schol­ar­ship hold­ers ex­cel

- Finance · Scholarship · Business · Muscat · Petroleum Development of Oman · Oman · Kaplan Higher Education Corporation · United Kingdom · Croatia · Bank Muscat SAOG · Association of Chartered Certified Accountants

In line with its com­mit­ment to the con­tin­u­ous devel­op­ment of Omani hu­man re­sources, Bank Mus­cat joined hands with Petroleum Devel­op­ment Oman (PDO) in 2019 to pro­vide schol­ar­ships for 50 bach­e­lor’s de­gree hold­ers to com­plete the Char­tered Cer­ti­fied Ac­coun­tant course by the As­so­ci­a­tion of Char­tered Cer­ti­fied Ac­coun­tants (ACCA). The bank has an­nounced that the train­ing has been pro­gress­ing well.

The ACCA course pre­pares en­try and mid-level pro­fes­sion­als to work in any as­pect of fi­nance or man­age­ment. The bank’s strate­gic ini­tia­tive is thus help­ing Omani youths ob­tain in­ter­na­tion­ally-recog­nised ed­u­ca­tional qual­i­fi­ca­tions to achieve their true po­ten­tial.

Through its train­ing part­ners, ACCA and Ka­plan Pub­lish­ing, UK, the bank has been mak­ing all ef­forts to en­sure that the se­lected can­di­dates are able to ex­cel in their train­ing ahead of a suc­cess­ful ca­reer. A monthly stipend based on the aca­demic per­for­mance of the can­di­dates and con­tin­u­ous progress is be­ing pro­vided to all trainees dur­ing the train­ing pro­gramme. The bank has been greatly en­cour­aged by the ex­cep­tional re­sults achieved by the stu­dents. In par­tic­u­lar, Fa­jer al Akhzami and Zulekha al Kiyumi have made ex­cel­lent progress in their stud­ies with Fa­jer achiev­ing the sec­ond high­est score glob­ally in the Tax­a­tion pa­per (and top­ping the pa­per re­gion­ally), while Zulekha is the joint top­per from Oman in the Per­for­mance Man­age­ment pa­per.

Bank Mus­cat has al­ways ac­corded top pri­or­ity for hu­man re­sources devel­op­ment and ear­marks sub­stan­tial fund­ing ev­ery year for the train­ing and devel­op­ment of its em­ploy­ees across all job func­tions and roles. The bank’s Jadara Academy pro­vides a com­pre­hen­sive plat­form and frame­work for all staff learn­ing and devel­op­ment pro­grammes. Bank Mus­cat has also adopted in­no­va­tive strate­gies to equip Omani em­ploy­ees to take up lead­er­ship po­si­tions in tan­dem with fu­ture chal­lenges.

The bank has de­vel­oped a com­pre­hen­sive Learn­ing & Devel­op­ment strat­egy for skill and knowl­edge en­hance­ments vis-àvis the re­quire­ments of its var­i­ous depart­ments. Con­tin­u­ous in­vest­ments are be­ing made to build hu­man ca­pac­ity in an ef­fort to de­rive max­i­mum mileage out of its HR pro­cesses.

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