Financial Knowledge, Media & Culture · FKMC Musrefy Award 2026
Training, Consulting & Professional Development Award
Honours programmes and services that build skills and improve institutional performance.
How this award is scored
- Evaluation
- 100% automatic, from the data and evidence you submit
- Minimum score to win
- 70 / 100
- Measurement period
- The last full financial year before nominations open (2025), compared with 2024 for growth measures
Who can apply
- A licensed training or consulting provider, or a banking institute or academy of a financial institution
- Banking and financial sector programmes and services make up at least half of the nominee's 2025 activity
- Operating for at least three years
- No final material regulatory or judicial sanction against the nominee during the measurement period
Indicators and weights
-
15%
Knowledge gain
Average difference in percentage points between pre-test and post-test scores of participants in programmes longer than two days in 2025
Points
- 30 – < 100 percentage points 100
- 20 – < 30 percentage points 80
- 10 – < 20 percentage points 50
- 0 – < 10 percentage points 20
Evidence
Pre and post-test results report from the learning management system
-
15%
External professional exam pass rate
Pass rate of candidates prepared by the nominee for externally administered professional exams (e.g. CFA, FRM, CAMS, CIA or banking institute certificates), indexed to the published global average for the same exam; 100 equals the average
Points
- ≥ 130 index (global average = 100) 100
- 110 – < 130 index (global average = 100) 80
- 90 – < 110 index (global average = 100) 50
- 0 – < 90 index (global average = 100) 20
Evidence
Result letters from the awarding body or candidate lists with the published global rates
-
15%
Repeat institutional clients
Share of 2024 institutional clients who contracted again in 2025
Points
- 80 – < 100 % 100
- 60 – < 80 % 80
- 40 – < 60 % 50
- 0 – < 40 % 20
Evidence
Contract lists for both years
-
15%
Accreditation
Valid accreditation of the programmes or provider: by a competent national body, and by or in formal partnership with an international professional body
Points
- Both100
- One of them60
- None0
Evidence
Valid accreditation certificates or partnership agreements
-
10%
Participant satisfaction
Share of respondents rating the programme very good or excellent, provided the response rate is at least 60%
Points
- 90 – < 100 % 100
- 80 – < 90 % 80
- 70 – < 80 % 50
- 0 – < 70 % 20
Evidence
Evaluation report with response rate
-
10%
Trainer qualification
Share of trainers and consultants holding a professional qualification in their field and at least ten years of financial sector practice
Points
- 80 – < 100 % 100
- 60 – < 80 % 80
- 40 – < 60 % 50
- 0 – < 40 % 20
Evidence
CVs and certificates
-
10%
Impact evaluated on performance
Share of 2025 programmes and consulting projects whose effect on job behaviour or institutional results was measured at least three months later (Kirkpatrick level 3 or 4)
Points
- 50 – < 100 % 100
- 25 – < 50 % 80
- 10 – < 25 % 50
- 0 – < 10 % 20
Evidence
Impact evaluation reports
-
10%
Financial sector learners
Number of learners from financial institutions who completed a programme in 2025, capped at 5,000
Points
- ≥ 5000 100
- 2000 – < 5000 85
- 500 – < 2000 60
- 0 – < 500 30
Evidence
Learning management report of completers by employer
Each indicator gives 0 to 100 points; its share of the total is its weight. Ties are decided by the indicators listed first in the scorecard; payment or package never affects the score.
Cycle timeline
-
Done
Nominations open
-
Upcoming
Nominations close
-
Upcoming
Judging starts
-
Upcoming
Judging ends
-
Upcoming
Results announced
Times are in Asia/Riyadh (UTC+03:00).
Results
Results are announced only after final approval.
