Financial Services & Banking students at Sharjah HCT recently visited two of Dubai’s most important financial institutions – the Dubai International Financial Centre (DIFC) and the Dubai Financial Market (DFM).
The visit aimed to provide the students face-to-face contact with decision makers as part of a course project. The students were received by the General Counsel of the Dubai Financial Services Authority (DFSA), whose staff gave them a presentation on financial regulation within the DIFC free zone.
Students met key DIFC executives and took a guided tour of the DIFC complex, learning more about the resident investment and insurance companies present there. DIFC staff also provided advice on employment opportunities available at the DFSA.
At the Dubai Financial Market (DFM) the students attended a presentation about the stock exchange. The students learned how investors buy and sell stocks in publicly-traded companies both on the trading floor and electronically, observing first-hand how the market actually functions.
This field trip provided students with relevant data for a major project about the UAE insurance market’s changing regulatory environment and for a financial research project involving a complete financial analysis of several companies listed on the DFM. The students were accompanied by their instructors, Dr. Tulug Ok, Mohammad Quasem and Leila Rodemann.