Human capital is increasingly recognized as the backbone of a vibrant economy. Recently, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, emphasized its critical importance during a gathering with alumni of the Dubai Business Associates (DBA) program. This meeting marked the program’s 10th anniversary, underlining the UAE’s commitment to fostering creativity and innovation.
The DBA program is a distinctive talent development initiative that attracts graduates from around the world, aiming to equip them with the skills and knowledge necessary to thrive in the modern economy. Sheikh Mohammed expressed his enthusiasm at meeting the program’s diverse alumni, all of whom represent a wealth of cultural and intellectual backgrounds. His Highness encouraged them to apply their entrepreneurial skills to shape a future rooted in knowledge and driven by innovation.
The emphasis on human capital aligns with global trends recognizing that a skilled workforce is essential for economic growth. As Dubai aspires to be a hub for creative minds, initiatives like DBA play a pivotal role in creating an environment conducive to innovation. Sheikh Mohammed highlighted that empowering future entrepreneurs can lead to the development of impactful projects, helping society tackle emerging challenges.
During the meeting, Sheikh Mohammed also reaffirmed Dubai’s status as a premier destination for talent, committed to launching initiatives that nurture human potential. His remarks resonate with the city’s broader vision of encouraging excellence across various sectors. The event was attended by prominent officials, including His Excellency Mohammed Ibrahim Al Shaibani, Director General of the Ruler’s Court, further emphasizing the government’s backing for educational programs like DBA.
Overview of the DBA Program
The DBA program is widely regarded as one of the most competitive business and education programs globally, attracting over 5,500 applications annually from both local and international graduates. Managed by Falcon Consultancy, established in 2009, the initiative synthesizes educational rigor with practical experience, thereby maximizing the potential for its participants.
Not only does the DBA program offer immersive training, but it also facilitates the development of a strong professional network. As the 10th edition welcomed 36 participants hailing from 22 countries, including nine Emiratis, it underscores the program’s commitment to diversity and inclusion in its training model.
Program Structure and Participant Experience
The DBA program spans nine months, offering a comprehensive blend of academic learning, business placements, and cultural immersion. Participants engage in consulting projects with leading organizations based in Dubai, such as Emirates, DP World, and the Dubai Department of Economy and Tourism (DET). This hands-on approach allows associates to apply their classroom knowledge to real-world scenarios, enhancing their practical skills and preparing them for future challenges.
Impact and Achievements
Since its inception in 2014, the DBA program has welcomed 278 associates from 44 countries, including 56 UAE nationals. The impact of the program is evident, with over 140 successful work placements completed in collaboration with more than 30 prominent Dubai-based firms. Additionally, the program has delivered 84 consulting projects worth an impressive $27 million, benefiting Dubai’s broader business landscape. Notably, over 30 percent of applicants hail from QS Top 10 global universities, reflecting the program’s prestigious standing.
The DBA’s commitment to academic and professional excellence is further bolstered through partnerships with leading educational institutions and organizations, such as PwC’s Academy and Bon Education. Their involvement ensures that participants receive world-class training and development, equipping them to excel in their careers post-program.
