More overseas bankers train at Welsh University

More bankers and business people from overseas are to draw on Bangor University’s expertise in banking and finance.

The University’s Business School, rated first place in the UK for research in accounting and finance includes new residential facilities at The Management Centre.

The Business School is aiming to capitalise on its reputation as a top centre for bank and finance studies in the wake of the global financial crisis as many banks aim to rebuild and add to their employees’ skills.

Professor Colyn Gardner, chief executive at the Management Centre, said he had signed up one new client who was bringing 15 chief executives and senior managers at Indian banks to a programme in May.

“They will spend three days here and then we are organising for them to spend a further three days in London visiting the Stock Exchange, banks and other financial institutions,” he said.

“And in January we launched a Global MBA in Banking and Finance with a dozen people signing up.

“The second cohort on that programme comes in June and we are looking for many more to start then.

“It is a very international product that will attract people – bank employees – from around the world and will be delivered in part through distance learning and electronic means and in part through workshops here at Bangor and in the Middle East.”

The Management Centre has already seen numbers climb sharply this year on its executive MBA course and the centre is also a key facilitator in the delivery of accountancy and other courses.

Membership of the university’s Business Club has grown to 600 and the organisation enables business people, academics and other to meet and exchange ideas. One of the club’s aims is to commercialise some of the university’s ideas and intellectual property, allowing the creation of new local businesses.