Analyzing Graduate's Skills to Meet the Requirements of the Banking Sector: A case study on the Department of Finance and Banking For the year 2022

Abstract

The study aims to determine the acquired skills by graduates of the Finance and Banking Department, the required skills of the banking sector, and the share of these graduates among the employees of selected banks. The study used data gathered through a questionnaire form and distributed it to the graduates of the Finance and Banking Department which are (171) graduates, as well as to 4 private banks in Erbil (KIB, RT, Cihan, and Erbil). The study relies on a descriptive analysis approach that theoretically discusses the graduates’ skills. Then practically focuses on the extent of participation of finance and banking graduates in meeting the needs of the banking sector in the city of Erbil. The study concludes that graduates of the Finance and Banking Department have acquired all the skills related to the banking sector during university education. The share of these graduates in employees of the selected banks is very low. The study recommends that the finance and banking departments in the College of Administration and Economics must consider the field reality of banking in setting their subjects and curricula so that their graduates can acquire the same skills and abilities required by the banking sector. The department also should continuously open special courses along with university studies to familiarize students with banking in practice.