As career services offices at business schools everywhere are scrambling to help current students and alums impacted by the recent crisis on Wall Street, schools are also rethinking the way they approach teaching about banking and finance.
In an announcement that preceded Monday’s meltdown by a couple of weeks, in fact, New York University’s Stern School of Business revealed that the wheels are already in motion there to create a new executive MBA program, in partnership with the Swiss Finance Institute, designed specifically to tackle future challenges presented by the global financial system.
“As researchers and educators, we must promote a greater understanding of the risks and opportunities confronting our financial institutions,” Thomas Cooley, dean of NYU Stern School of Business, said in a statement announcing the new program. .
The specialized Executive MBA in Banking and Financial Institutions Management will debut in August 2009. Organized into five intensive residential modules of two to three weeks each, the program is designed to be highly compatible with the busy work schedules of mid-career executives and will feature a faculty stacked with global expertise in banking and finance.
The program’s different modules will take place in New York, Zurich and Singapore and extend over 18 months. They will feature an integrated curriculum combining banking and finance expertise with the key components of a top-level MBA program.
“We are proud to partner with Stern in this ambitious and innovative new program,” said Swiss Finance Institute Managing Director Prof Jean-Pierre Danthine in a statement.
Supported by Swiss banks and universities and the Swiss Stock Exchange and Federal Government, the institute supports advanced research in banking and finance. It will host its annual meeting on November 18th in Geneva, where roundtable discussions will focus on finance in the wake of the credit crisis.
To learn more about NYU Stern’s new finance and banking executive MBA, click here. To learn more about the Swiss Finance Institute, click here.
