SPECIALISED MASTER’S DEGREE IN FINANCIAL REGULATION AND LEADERSHIP LAUNCHES IN QATAR

HEC Paris in Qatar launched a new Master’s degree in Financial Regulation and Leadership for Qatari employees in core business areas of Qatar’s three financial regulators.

The Master’s degree programme has been designed to develop employees of the Qatar Central Bank, the Qatar Financial Markets Authority and the QFC Regulatory Authority, Qatar’s three financial regulators. In addition, Qatar National Bank (QNB) also has students registered in the programme.

Said Eisa Ahmed Abdulla, Chief Operating Officer, QFC Regulatory Authority: “This Master’s degree programme was sponsored and supported by our Chairman of the QFC Regulatory Authority and the Qatar Financial Markets Authority, the Governor of the Qatar Central Bank, His Excellency Sheikh Abdulla Bin Saoud Al Thani. We are looking forward to seeing our future leaders in action in our sector, and to delivering on the Qatar 2030 Vision and the Strategic Plan for Financial Sector Regulation, both of which call for the development of human capital to meet the State’s long-term goals.” 

The Master’s degree in Strategic Business Unit Management, with specialisation in Financial Regulation, took shape in 2016. Its purpose is to support and build future Qatari regulatory leaders. The custom programme for financial regulators is the first of its kind in the region, and one of only a handful worldwide.

In 2016, the three financial regulators initiated the Master’s degree programme as part of a strategic effort to create a legacy of financial regulation in the State.   Representatives from the partnering organisations were appointed to a technical advisory panel, which met twice last year to review proposals from regional education providers. In December 2016, the panel awarded the contract to HEC Paris in Qatar.  

The Specialised Master in Strategic Business Unit Management (SBUM) with a specialisation in Financial Regulation, features 12 modules, with six of the modules dedicated to financial regulation, including an online module on Islamic Finance. The programme will guide participants through leadership skills needed to effectively manage teams and organisations, address the importance of developing and implementing a sound strategy in challenging times and feature in-depth learning of financial regulation. The 17 members of the Class of 2019 will embark on a study tour to Germany, during which they will be given the unique opportunity to explore how banks and regulatory systems work in a different environment. The participants will also learn how to effectively manage change and resolve conflicts.

The course begins on 4 November 2017 and runs through April 2019.

Speaking at the launch event, Dr Nils Plambeck, Dean and CEO of HEC Paris in Qatar and Academic Director of the Strategic Business Unit Management, said: “This day marks an important day for all the participants. Our programme, sponsored by the partnership of Qatar’s three regulators, is designed to further develop the leadership, management and technical competencies of the participants. Together, we aim to enhance participants’ understanding of financial markets, their regulation, and how to develop and implement successful initiatives within them.”  

“In an ongoing exchange with the three regulators, we have designed a programme that will help deepen and widen participants’ knowledge and skills, and thereby further strengthen Qatar’s financial markets. This great opportunity is made possible by the three regulators, Qatar Foundation and HEC Paris working directly and indirectly together,” added Dr. Plambeck.

HEC Paris has more than 130 years’ experience in delivering varied programmes to the highest standards, including Master programmes, MBA, PhD, Executive MBA, TRIUM Global Executive MBA, Summer School, open-enrolment and custom executive education programmes. For the past eight years, HEC Paris has been ranked one of the world’s leading providers of Executive Education by the Financial Times.

About the QFC Regulatory Authority: The QFC Regulatory Authority is an independent regulatory body established in 2005 by Article 8 of the QFC Law. It regulates firms that conduct financial services in or from the QFC. It has a broad range of regulatory powers to authorise, supervise and, when necessary, discipline firms and individuals. The QFC Regulatory Authority regulates firms using principle-based legislation of international standard, modelled closely on that used in major financial centres.

About HEC Paris: Specialising in management education and research, HEC Paris offers a complete and unique range of educational programmes for the leaders of tomorrow: Masters programmes, Summer School, MBA, PhD, Executive MBA, TRIUM Global Executive MBA, open enrolment and custom executive education programmes. HEC Paris has been ranked one of the world’s top providers of Executive Education programmes for the last eight years by the Financial Times.

Founded in 1881 by the Paris Chamber of Commerce and Industry, HEC Paris is a founding member of the Université Paris-Saclay. It boasts a faculty of 138 full-time professors, more than 4,400 students and over 8,000 managers and executives in training each year.

About Qatar Foundation: Qatar Foundation for Education, Science and Community Development is a private, non-profit organisation that serves the people of Qatar by supporting and operating programmes in three core mission areas: education, science and research, and community development. The Foundation strives to nurture the future leaders of Qatar. By example and by sharing its experience, the Foundation also contributes to human development nationally, regionally, and internationally. In all of its activities, the Foundation promotes a culture of excellence in Qatar and furthers its role in supporting an innovative and open society that aspires to develop sustainable human capacity, social, and economic prosperity for a knowledge-based economy.