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Central Bank, Higher Education partner to teach banking sciences

Businessmen Team news 06 August 2025 02:07 PM
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Central Bank, Higher Education partner to teach banking sciences

The Central Bank of Egypt, in cooperation with the Ministry of Higher Education and Scientific Research, the Supreme Council of Universities, and the Egyptian Banking Institute, has launched a Bachelor's program in Banking Sciences. This program will be offered at faculties of commerce in several Egyptian universities, starting in the 2025/2026 academic year. Its main goal is to prepare a new generation of skilled banking professionals.

The program aims to equip students with the specialized knowledge, practical skills, and ethical foundations needed to succeed in the evolving banking sector. This is especially crucial given the rapid digital transformation and increasing economic challenges.

Students will gain advanced skills in a variety of areas, including: Financial inclusion, fundamentals of digital banking and financial technology, risk management and advanced banking regulations, and sustainable banking and environmental, social, and corporate governance.

The program also ensures that graduates are both academically and practically qualified for the job market by providing intensive practical training and case studies in cooperation with Egyptian banks.

Hassan Abdalla, Governor of the Central Bank, stated that the program represents a long-term strategic investment to empower youth with global banking skills, helping to develop future leaders and boost economic growth.

Dr. Ayman Ashour, Minister of Higher Education and Scientific Research, explained that this is the first program of its kind, developed in partnership between the ministry and the Central Bank. It relies on modern, specialized curricula and provides hands-on training opportunities within banks. The program is designed to qualify and train young people interested in the financial and banking sector.

Dr. Moustafa Refaat, Secretary-General of the Supreme Council of Universities, noted that the council is committed to ensuring curricula align with labor market needs. He added that on May 31, 2025, the council approved the regulations for the program, which grants a Bachelor of Commerce degree with a specialization in Banking Sciences and will be taught in English at faculties of commerce.

Dr. Abdelaziz Nosseir, Executive Director of the Egyptian Banking Institute, said the program is a genuine response to the changing needs of the banking job market. He confirmed that the institute, in collaboration with banking experts and university professors, will provide practical instruction for the program.