No, just like doing a course at EAC doesn't ean you get a job as dispatcher, engineer or whatever.
It's basically just a fancy way for people to learn to fly and for EK to make some money. Don't confuse it with the actual cadet program for nationals, they're ot the same thing. I asked about it when they had the stand at DXB airshow
EFTA does not equal EK the airline. But I bet they hope the not so smart ones dont realise that, and plunk down the money