ACCA schol­ar­ship pro­gramme by Bank Mus­cat, PDO evokes strong re­sponse

Fifty Bach­e­lor de­gree hold­ers will be se­lected for the pro­gramme to re­ceive train­ing in the fields of fi­nance and ac­count­ing lead­ing to ACCA qual­i­fi­ca­tion

Times of Oman - - ROUND-UP -

MUS­CAT: The schol­ar­ship pro­gramme launched by Bank Mus­cat, the flag­ship fi­nan­cial ser­vices provider in the Sul­tanate, and Pe­tro­leum Devel­op­ment Oman (PDO) to pro­vide com­pre­hen­sive cer­ti­fi­ca­tion train­ing lead­ing to As­so­ci­a­tion of Char­tered Cer­ti­fied Ac­coun­tants (ACCA) qual­i­fi­ca­tion fol­lowed by job op­por­tu­ni­ties has evoked strong re­sponse from Omani youth.

Fifty Bach­e­lor de­gree hold­ers will be se­lected for the pro­gramme to re­ceive train­ing in the fields of fi­nance and ac­count­ing lead­ing to ACCA qual­i­fi­ca­tion. The in­vest­ment in this pro­gramme will be co-funded by Bank Mus­cat and PDO. On com­ple­tion of the ACCA pro­gramme, the grad­u­ates will be ab­sorbed by Bank Mus­cat for em­ploy­ment in var­i­ous de­part­ments.

The last date for reg­is­tra­tion is 15 De­cem­ber and can­di­dates in­ter­ested in ap­ply­ing for the ACCA schol­ar­ship pro­gramme can do so by vis­it­ing www.bankmus­

The el­i­gi­bil­ity cri­te­ria in­clude that can­di­dates must hold a Bach­e­lor’s de­gree in Fi­nance, Ac­count­ing, Eco­nom­ics, Busi­ness Ad­min­is­tra­tion, Man­age­ment, and Op­er­a­tions Man­age­ment from a re­puted univer­sity with a min­i­mum 2.5 GPA. The can­di­dates must have grad­u­ated in 2016, 2017 or 2018 only with good com­mand of the English lan­guage.

The terms and con­di­tions in­clude that all ap­pli­cants must be reg­is­tered with the Min­istry of Man­power as a ‘Job Seeker’. They must pro­vide ac­cu­rate, cur­rent and com­plete in­for­ma­tion about them­selves.

All ap­pli­cants are re­quired to sign an un­der­tak­ing with the spon­sors to com­mit to the pro­gramme for the 18-month train­ing pe­riod with­out be­ing em­ployed in any or­gan­i­sa­tion. The schol­ar­ship can­not be post­poned to a sub­se­quent year and only one schol­ar­ship per ap­pli­cant will be avail­able.

The ap­pli­cants must not have a di­rect rel­a­tive (father, mother, sis­ter/step­sis­ter, brother/step­brother, hus­band/wife) cur­rently work­ing in Bank Mus­cat. All ap­pli­cants must pass the Bank Mus­cat grad­u­ate (CRTB) test, clear the Bank Mus­cat in­ter­view and any other el­i­gi­bil­ity as­sess­ments as re­quired.

The joint ini­tia­tive to sup­port Omani youth ac­quire in­ter­na­tion­ally recog­nised qual­i­fi­ca­tions as well as job op­por­tu­ni­ties re­flects the com­mit­ment of both in­sti­tu­tions to hu­man re­sources devel­op­ment in Oman. Stem­ming from the di­rec­tive of His Majesty Sul­tan Qa­boos Bin Said for cre­ation of jobs, the ini­tia­tive comes as part of the Cor­po­rate So­cial Re­spon­si­bil­ity and com­mit­ment of Bank Mus­cat to tal­ent devel­op­ment and youth em­pow­er­ment.

Dur­ing the 18-month train­ing pro­gramme, Bank Mus­cat will pro­vide a monthly stipend to the trainees.

The stipend will fol­low an in­cen­tive scheme that grad­u­ally en­hances the ben­e­fits in line with the progress of the can­di­dates in their aca­demic per­for­mance and demon­stra­tion of pro­fes­sion­al­ism and suc­cess. Em­ploy­ment will be of­fered to all can­di­dates who join the pro­gramme.

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