User:Muntaser cbfs/College Of Banking & Financial Studies

'''College Background 'Italic text''

The College of Banking and Financial Studies (CBFS) is a government organization established under a Royal Decree (No. 64/83) as the Oman Institute of Bankers in 1983. In 1998, by another Royal Decree (No. 83/89), with the diversification of activities, the Institute’s name was changed to Institute of Banking and Financial Studies. And in 2004, another Royal Decree (No. 12/2004) was issued to change the name of the Institute to College of Banking and Financial Studies. The College is under the supervisory jurisdiction of the Central Bank of Oman (the apex bank in the country) and is supported by several financial establishments in the Sultanate.

The College has been helping the financial services industry with its varying educational and training needs. Over the years, the College has been offering programmes and courses, which are adapted to the emerging needs of Oman and has been an active partner in the country’s thrust towards Omanization of the banking sector.

Having supported the Omanization scheme of banks in the Sultanate, CBFS, in more recent years, felt the necessity of upgrading the skills of the junior and middle level banking staff to world class. With this intention, the CBFS has established links with leading and internationally recognized institutions in major areas of specialization. Besides this, the College has witnessed a growing number of non-bankers and expatriate student population joining various specialization programmes.

The certifications in various specializations have international credit attributed to them. The courses offered are of a high calibre, which prepare the learners for work in any sector of the economy – public practice, industry, commerce or eventually take up further educational pursuits.

'''Vision Statement '''

Achieve world-class ‘Centre of Excellence’ status by 2020 through the provision of specialized and innovative education and training, focusing on the Banking and Financial sector in Oman and the region.”

'''Mission Statement '''

“Our mission is to provide internationally accredited education and training programmes for professional, executive and leadership development to meet the evolving needs, especially in the Banking and Financial sector in Oman and the region.”