CMA launches 11th edition of GDP Program

The Capital Market Authority (CMA) kicked off today, Jan. 15, the 11th edition of the Graduates Development Program (GDP) for the years 2023-2024, according to a statement.

The move is aimed at qualifying and upskilling fresh graduates in the technical and regulatory aspects of the securities business to raise their chances of finding jobs in the financial market. This is given the importance of the qualified human element in the development and advancement of the securities sector.

The 12-month program exposes trainees to the hands-on application of the CMA’s legislative and supervisory role and its correlation with other regulatory bodies. This gives trainees the necessary expertise and knowledge about the relevant regulations, legalities and work procedures in the capital market.

Trainees also get the opportunity to enroll in preparatory programs for professional certificates and related examinations. This is in addition to developing their job competencies related to teamwork, social relationships, analytical thinking and time management.

Fahad Al-Romeih, Head of Human Resources (HR) Programs and Initiatives at CMA, emphasized the program’s vital role in building national competencies in the capital market, marking one of the seeds of success in the financial market. This is by investing in human capital and by adopting the latest methods and development programs.

He pointed out that the CMA endeavors to attract outstanding graduates who behold the values and ideals that best resemble the Saudi community. This includes the desire for development, the pursuit of excellence, communication and consultation, interest in society and shouldering responsibility.

The program covers several specialized qualifying tracks, which trainees are enrolled in based on their university majors. This includes finance, accounting, law and management. Those who join enjoy multiple benefits such as a monthly allowance, annual leave as well as medical and social insurance, while having the option to register with the training programs held under the authority’s umbrella.

The GDP Program is deemed one of the authority's initiatives in qualifying and training graduates, with a total of about 350 trainees until 2022.

For more information on the terms and requirements for joining, kindly visit the program’s website:

CMA's Graduates Development Program (11th Batch)