Dr. Fereydoun Rahnama Rudposhti, a university professor, Chairman of the Financial Engineering Association of Iran and a founding member of the Iranian Association of Islamic Finance, said in general, there are three types of views in the category of institutions; one view is quite skillful and really necessary for businesses. The second one is completely academic. The third type of view is considered as the missing link in this chain and is beneficial for both business and professional institutions such as associations. This is a completely professional view.

‘Our main problem is that we do not have an interface between the skill and theory paradigms. If professional institutions as actors of this interface are properly guided in this interface, can make a logical connection between the theoretical and the technical areas, so everyone will move in the direction of their mission.

Professional institutions in the United States, for example, have a strong role to play and are on par with policymakers. While in our country, these institutions face bureaucratic restrictions. Hence, they cannot play a role in decision-making in the form of trade unions, associations and influential people’ he said.

According to this financial expert, it is the missing link between skill and theoretical field that makes our graduates unable to run a business and even manage a business.

The faculty member of Islamic Azad University stated publishing books and holding meetings are considered as another statutory duty of associations, while in the state publishing industry, institutions with professional and professional thinking cannot have a proper activity. One of the requirements for strengthening specialized institutions is necessary and sufficient accreditation.

An example of an association statute is financial sciences which has been defined from a professional and professional point of view is related to our specialized.

He went on to say that in this statute, one of the first goals in promoting financial associations is to provide the ground for the full participation of all qualified individuals in determining their professional destiny, not that an upstream entity sets policies at its own discretion. Rahnama added in the world, these systems are guided by the help of institutions and experts in the same field.

He mentioned according to an article by McKinsey, Iran in 2035 can be one of the richest and most effective countries in the development of the global economy. The role of science and technology and the share of graduates in various fields such as engineering are among the main factors in this prediction. According to statistics, the number of engineering graduates in Iran is equal to the United States and more than Japan and Korea.

He emphasized that the important and main role of human capital should be considered. Coordination with associations and institutions should lead to synergy if we look at issues with a view of reason and logic, fully professional and expert and replace professional management with political management.

He stressed human capital should be included in the balance sheets of organizations and companies and evaluated. One of the logical indicators of an assessment is how much has been invested in that person; the importance of specialized labor force is that both thinking and functioning come from them and this will be the most crucial asset to the economy and society.

Dr. Rahnama Roudposhti said the driving force of all these processes are associations. Professional management requires both skill and knowledge and our rules and regulations should not be restrictive, but synergistic.