The partnership is designed to provide a pathway into the financial services industry for Saudis, either at home or worldwide.
Matthew Cowan, regional director of CISI Middle East, said: “Developing our presence within Saudi Arabia has always been top priority for us, and we are delighted that King Faisal University is CISI’s first university partner in Saudi Arabia, one of the kingdom’s most prestigious universities.
“Our qualifications will help university stakeholders not only by equipping them with up-to-date knowledge on the financial services sector, but more importantly imbibing the importance of work ethics and professional integrity in the profession.”
King Faisal University will offer qualifications such as Fundamentals of Financial Services and International Introduction to Securities and Investment to students pursuing a degree in Bachelor of Finance.
They are also available for alumni and faculty interested in continuing their financial services education.
The CISI said its partnership with King Faisal University will help “fill the region’s gap for a need to have a high standard of professionalism, integrity and work ethics” through its continuing professional development (CPD) programmes, online platforms and other learning benefits.
Cowan added: “With Saudi Arabia’s Vision 2030 aiming for a knowledge-based economy evident with increased employment rate and international competitiveness, we believe that education is the best investment for the future of the financial services profession.”