Markaz launches its sixth annual Graduate Development Program

11/12/2022

Markaz Logo

Kuwait Financial Centre “Markaz” is now receiving applications from high-achieving Kuwaiti graduates to participate in the sixth Markaz Graduate Development Program (“MGDP"). The one-year program, which started in 2017, offers an opportunity for Kuwaiti graduates to gain valuable direct training and work experience that is intended to lay the foundation for a successful career in the financial sector. The program seeks to upskill talented graduates in a supportive and collaborative environment.

MGDP will continue to equip recent graduates with the tools to succeed. In previous programs and during the COVID pandemic, Markaz trained participants through online sessions, an indicator of Markaz’s determination to deliver the program.

MGDP is open to Kuwaiti nationals with a business-related degree from an accredited university.  The participants can immerse themselves in actual work tasks across all the company’s departments. The program allows participants to understand the financial sector thoroughly through an engaging mix of practical tasks and interactive training sessions held at Markaz. The applicants undergo a thorough assessment of their capabilities, and once accepted, they are assigned to specific departments that best suit their interests, career goals, and abilities.  

Ali H. Khalil, Chief Executive Officer of Markaz, said: “Through MGDP, we have the opportunity to assist the young generation of Kuwaitis in fulfilling their aspirations by developing the necessary skills. The program allows participants to refine their career aspirations and experience a stimulating work environment while gaining an in-depth understanding of the investment banking and asset management sectors. We recognize that the financial services industry has a pivotal role in helping Kuwait maintain its role as a regional financial hub, in line with Vision 2035. We are proud to develop a program that contributes to developing Kuwait’s future leaders to thrive.”

He added: “What makes the MGDP so valuable is that we allow participants to consistently engage with the finance professionals and executive management within our organization. This first-hand experience is crucial in helping the young talented trainees gain insights into how companies operate. With experience earned in asset management and investment banking, we aim to help the interns gain a clearer picture of their careers moving forward and understand what is required to reach their goals.”

Markaz Graduate Development Program (MGDP), which commences in February each year, is open to Kuwaiti graduates proficient in Arabic and English. To be eligible, applicants should complete several qualifying tests and interviews. Since establishing its MGDP, Markaz has trained 42 graduates in total, hiring 38% of scheme participants. Upon successful enrollment into the program, a celebratory welcome heralds the beginning of an exciting year. Last year’s event was held at Al-Nada Tower, offering a first-hand view of one of the premier development projects within the Markaz Real Estate Fund (MREF).