Bahrain Institute of Banking and Finance launches fintech masters course

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MANAMA: The Bahrain Institute of Banking and Finance (BIBF) has inaugurated a master’s programme in financial technology (fintech) in collaboration with the Strathclyde Business School.

As the first and only of its kind in the region, the academic course aims to identify and support the next generation of fintech pioneers in the kingdom.

The launch ceremony at the Capital Club Bahrain was attended by a number of guests from various sectors, including industry experts and senior management from leading financial institutions.

An official delegation from the University of Strathclyde, headed by David Hillier, the associate principal, executive dean, and professor of finance at Strathclyde Business School, was also present on the occasion.

“Bahrain’s dynamic fintech sector is growing rapidly, due to the critical role it plays in changing the financial services landscape and powering the kingdom’s digital economy,” said BIBF director Dr Ahmed Al Shaikh.

Dr Al Shaikh said as the main training provider for the financial sector in Bahrain, BIBF was pleased to be the first institution in the region to launch the specialised programme.

The Strathclyde Business School is amongst the one per cent of higher education institutions with Tripe accreditation in the UK.

“We believe that this programme will further accelerate Bahrain’s position as a leading fintech hub in the region,” he added.

Prof Hillier said, “Recognising how fintech revolutionises the financial sector, Strathclyde Business School introduced UK’s first master’s degree in fintech to future-proof its graduates. The programme trains students for managerial and strategist positions, not coding jobs, by bringing new perspectives to fully understand fintech as a global industry.”

The university delegation visited Central Bank of Bahrain Governor Rasheed Al Maraj and Bahrain FinTech Bay chief executive Khalid Saad.

It also met British Ambassador Roddy Drummond.

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