ERIC Number: ED083901
Record Type: Non-Journal
Publication Date: 1973-Sep
Reference Count: N/A
Banks: Colleges - A Joint Undertaking.
Cordy, Thomas O.
The banking industry has recognized an increasing need to recruit, hire, and train minorities for positions within the industry. Following this line of thought, the American Bankers Association (ABA) formed a task force composed of bankers and black college educators to develop a program mutually beneficial to industry as well as colleges. A Black College/Banking Industry Symposium resulted in October 1972. The purpose of the symposium was to identify ways for the banking industry and the nation's black colleges to develop mutually beneficial programs to increase the flow of minority college graduates into banking careers. One of the recommendations made at the symposium was the establishment of Centers for Banking Education at predominantly black colleges. The symposium felt that these centers could serve as a catalyst in the development of curricula for banking and finance in colleges. The objective of the Centers for Banking Education is to create a learning environment in the field of banking that will attract, train, and produce highly-qualified minority men and women for officer-level careers in banking. The centers would provide: high quality curriculum suitable for developing superior students; distinguished faculty; opportunities for black professors to undertake relevant banking research projects to improve their understanding of banking and their teaching skills; major impetus to attract outstanding bankers to advise, lecture, and meet with faculty, students, and administrators; and focus for attraction of additional resources from individual banks and other business groups. (Author)
Descriptors: Banking, Black Institutions, Black Students, Business Administration, Business Education, Finance Occupations, Higher Education, Management Development, Managerial Occupations
Management Information Systems Directorate, Institute for Services to Education, Inc. 2001 S. Street N.W., Washington, D.C. 20009 ($.20)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Institute for Services to Education, Inc., Washington, DC. TACTICS Management Information Systems Directorate.