Course details
Objectives
- This course will enable participants to develop a broad understanding of the key concepts of insurance and the insurance sector within the Kingdom of Saudi Arabia
Contents
- The course reviews the legislative framework, the key roles and responsibilities of those within the insurance sector and covers the foundation principles and operations of Insurance as a whole.
- The preparation course for IFCE is a review course intended to help current employees in the Insurance sector better prepare for the IFCE exam and fulfill SAMA requirements.
Course Location
About Institute of Finance
The Institute was first established by the Saudi Arabian Monetary Agency in 1964 under the name of “ Institute of Banking Training ” At that time, the institute provided only conventional academic education where the trainees, who were banking sector employees, were granted, after successfully passing the courses, a diploma in banking and financial studies. With the acceleration of the development of the banking business and the increasing introduction of advanced technologies in the banking sector, it became essential to change the Institute's goals and strategies to respond to such changes and to cope with the expectations of the leaders of the banking and financial sectors.
In 1989, SAMA established the present institute under the new name of “ The Institute of Banking''.
In 2015, the Institute of Banking has changed its name to the “Institute of Finance” with a new mission.
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