Agreement aims to facilitate financial support for students and potential candidates through ADCB's 'Banking on Education' initiative and 'Smart Loan' scheme
Dubai, 7th September 2014: Cass Business School, part of City University London, has signed a Memorandum of Understanding (MoU) with Abu Dhabi Commercial Bank (ADCB), which will enable its current students and potential candidates to benefit from a range of comprehensive financial services and solutions.
The agreement forms part of City University London's wider commitment to support its students, as well as contributing to the overall academic development of the Middle East region. The MoU enables students to take advantage of ADCB's 'Banking on Education' initiative, a programme that provides tailor-made financial services to students.
The bank's 'Smart Loan' offers students loans of between AED 10,000 and AED 250,000, and is available for any course offered through City University London's Dubai Centre, including its prestigious Cass Executive MBA, and Masters programmes in Aviation.
Commenting, Ehsan Razavizadeh, Regional Director and Head of Dubai Centre, said:
"Our agreement with ADCB increases the financial options and provides greater flexibility for both existing students and potential students who want to join one of our leading academic programmes.
As a dedicated education provider we are constantly seeking to enhance the support we can provide to our students. We hope that through this agreement we are helping to make further education, study, and a commitment to excellence a reality for more people in the region."
Kaizar Patla, Head of Retail Assets at ADCB, said:
"Through their academic programmes, Cass Business School, City University London aims to contribute to the creation of a knowledge-based economy in the UAE and wider region. ADCB's 'Banking on Education' initiative and 'Smart Loan' helps to facilitate this by providing valuable and practical financial options to all students, helping them to realize their goals. At ADCB, we believe in ambition and therefore believe fully in supporting our customers by providing an optimum range of comprehensive services and financial solutions that help them to benefit from stable and high-quality education opportunities."
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FOR MORE INFORMATION PLEASE CONTACT:
Iain Munro, Bell Pottinger
Email: imunro@bell-pottinger.com
Tel: +971 55559 7389
City University London's Dubai Centre was established in 2007 in collaboration with Dubai International Financial Centre, as a regional centre of educational excellence for the Middle East and North Africa (MENA).
The Centre operates as a not-for-profit venture. It offers the internationally acclaimed Cass Executive MBA (EMBA), tailor-made executive education, business services including consulting and high profile networking events and MSc programmes in Aviation. The EMBA offers MENA-based executives and professionals the opportunity to combine demanding work schedules with study near their home and work environments. The programme also attracts students from as far afield as Singapore, the USA and Azerbaijan. It was the world's first EMBA programme to offer specialist Islamic finance and energy modules and students can choose to specialise in entrepreneurship, finance or general management. The quality of education is guaranteed with London-based faculty flying in to provide the programme: www.cass.city.ac.uk/dubaicentre.
Cass Business School in London is part of City University London. Located in the heart of one of the world's leading financial centres, Cass is the business school for the City of London. It delivers innovative, relevant and forward-looking education, consultancy and research. Cass offers one of the widest portfolios of specialist Masters programmes and has the largest faculties of Finance and Actuarial Science & Insurance in Europe. It is ranked in the top 10 UK business schools for business, management and finance research with leading research centers in areas including Mergers and Acquisitions and Pensions. Entrepreneurship is another strength with Cass's Peter Cullum Centre for Entrepreneurship, venture capital fund and sector research. The 2013 Financial Times EMBA rankings placed Cass fifth in the UK and 14th in Europe. The School is in the top one per cent of business schools worldwide to have received the gold standard of 'triple-crown' accreditation from the Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA) and the European Quality Improvement System (EQUIS). It has a strong alumni network of over 35,000, which extends worldwide across a wide variety of companies and professions: www.cass.city.ac.uk.
City University London is a global University committed to academic excellence, with a focus on business and the professions and an enviable central London location. It is in the top five per cent of universities in the world according to the Times Higher Education World University Rankings 2013/14 and in the top thirty universities in the UK according to the Times Higher Education Table of Tables 2012. It is ranked in the top 10 in the UK for both graduate-level jobs (The Good University Guide 2014) and in the top 5 for graduate starting salaries (Lloyds Bank).
The University attracts over 17,000 students (35% at postgraduate level) from more than 150 countries and academic staff from over 50 countries. Its academic range is broadly-based with world leading strengths in business; law; health sciences; engineering; mathematical sciences; informatics; social sciences; and the arts including journalism and music. The University's history dates back to 1894, with the foundation of the Northampton Institute on what is now the main part of City's campus. In 1966, City was granted University status by Royal Charter and the Lord Mayor of London was invited to be Chancellor, a unique arrangement that continues today. Professor Paul Curran has been Vice-Chancellor of City University London since 2010:
© Press Release 2014
