The Texas Tech School of Banking, hosted by the Rawls College of Business, recently held its 42nd annual session from Aug. 9-14. This year's cohort consisted of almost 60 banking professionals, who currently work in a variety of banks and other financial service providers generally throughout the state of Texas, but also including professionals from as far away as Tennessee.
The School of Banking, which was established in 1973, provides future leaders in the financial services industry with the skills, tools and perspective necessary to advance their careers and help their banks prosper. Graduates of the two-year school have up-to-date knowledge of all major areas of banking and a strong start on the life-long learning necessary for successful banking careers.
The School primarily serves to educate tomorrow's community banking leaders, who have been working in the field for a few years. Faculty Director Scott Hein points out that community banks are vital to the economic and financial growth of their communities. As such, "it is a 'win-win' situation for Texas Tech University to give back to communities through the outreach opportunities provided through the Texas Tech School of Banking."
This year's participants interacted with colleagues and industry leaders to discuss a wide variety of topics such as investment portfolio fundamentals, risk management, bank regulations, pricing strategies, and real-world cases and simulations.
"The School of Banking gives bankers, who are fairly new in their careers, an opportunity to come back to a classroom setting, hear from tenured professionals, and learn about the intricate details of banking and how they interrelate with one another," Seth Schulz, vice president and loan officer for Plains Capital Bank in Lubbock, said. "I think this is great hands-on experience that we can take with us and apply the lessons we've learned within our own institutions."
"Through my time at the School of Banking, I've gained a good overall grasp on the different financial aspects of how to run a bank," said Holly Darby, vice president and director of human resources at Security Bank in Midland.
The School of Banking is primarily aimed at further educating those currently working in the financial service arena, especially community bankers. Additionally, the School provides one or two current Rawls students the ability to attend the School, as special scholarship recipients. This provides great opportunities for such students to not only meet bankers and learn about the profession, but also to learn best practices in the industry.
"As a student, I think it's really important to meet people from different banks, especially if that's going to be the career path that students choose," Hailey Mercer, a senior finance major, said. "This has given me a wider view of banking industry, and I've met so many people who can help me later on in my career."
"If you choose to take a banking path, this is great for you because you really learn how to run a bank, and you can meet so many other bankers who have vast professional experience," said Amber Miles, a graduate student in the Master of Science in Business Administration (concentration in Finance) program, also another scholarship recipient.
For more information regarding the Texas Tech School of Banking, visit ttubankschool.ba.ttu.edu or contact Terri Ward at firstname.lastname@example.org. To view photos from this year's School of Banking, visit the Rawls College's Flickr account.This supports the efforts outlined in the Rawls College of Business Strategic Plan. Learn more about the LEADER 2020 Strategic Plan and follow our progress on Twitter at #RawlsLeads.