• Memorandum of Understanding offers places in the QInvest QTALENT internship program to CMU-Q students and new graduates
• QInvest professionals will make use of the executive education programs, research and strategic studies at CMU-Q
QInvest, Qatar's leading investment group and one of the world’s most prominent Islamic financial institutions, and Carnegie Mellon University in Qatar (CMU-Q), a branch of Carnegie Mellon University in Pennsylvania, USA, signed a Memorandum of Understanding (MoU) to cooperate and coordinate in the fields of research and education.
The MOU will offer QInvest the opportunity to use CMU-Q’s educational programs, research and strategic studies, as well as those from select schools at Carnegie Mellon’s US campus. QInvest in return will provide CMU-Q’s new graduates and students in their final year the opportunity to spend one month working at QInvest under the bank’s QTALENT initiative.
The MOU was signed at QInvest’s offices in Doha by Tamim Hamad Al Kawari, QInvest’s chief executive officer, Farnam Jahanian, provost of Carnegie Mellon University, and Ilker Baybars, dean and CEO of Carnegie Mellon University in Qatar. The MOU signing was also attended by a consortium of the management team including Fadhel Annan, assistant dean for government and corporate affairs at CMU-Q, and QInvest’s Duncan Walker, chief operations officer, Pascale Al Sabbagh, assistant vice president human resources, and Bassel Hanbali, QTALENT program coordinator and director/head of marketing, corporate communications and investor relations.
QTALENT is an internship program that QInvest developed to provide students and new graduates the opportunity to work in a challenging and dynamic environment across a wide variety of projects and sectors in Islamic financial services.
CMU-Q’s Baybars praised QInvest’s contribution to business education:
“QTALENT is a market-leading internship program, one which will truly benefit our students. It is invaluable experience for students to learn international best practices across investment banking and asset management before they begin their careers.”
Al Kawari, QInvest’s CEO, remarked:
“We are very pleased to have introduced this significant program. Developing the next generation of Qatar’s workforce is extremely important to QInvest and we place significant emphasis on training and developing all of our young people. We are excited about this collaboration with CMU and we look forward to welcoming our new interns to QInvest later this year.”
Essa Saud Al-Kawari, CSR program’s spokesperson and QInvest’s head of government and community relations and administration affairs, commented:
“Cooperation with leading educational institutions like CMU is an effective way of expressing our commitment and support to developing human capital. We at QInvest believe that finance is a key part of our economy and we are delighted to inspire the next generation of business leaders.”
QTALENT seeks innovative thinkers with the ambition to propel the region’s leading investment bank into the future. Successful candidates will be enrolled in an initial orientation course to equip them with the foundation to quickly adapt to working at QInvest. The remainder of the program is a mix of classroom-based learning and exposure to live deals and transactions.
At the invitation of Qatar Foundation, Carnegie Mellon joined Education City in 2004. Today the campus offers undergraduate programs in biological sciences, business administration, computational biology, computer science and information systems. Consistently top ranked, Carnegie Mellon has more than 13,000 students, 100,000 alumni and 5,000 faculty and staff globally. Nineteen Nobel Laureates and 12 Turing Award winners have called CMU home.