Press
Credit union finance professionals get hands-on financial management practice
MADISON, WI (May 12, 2015) – Credit union CFOs and finance professionals will participate in a financial industry simulation to strengthen their financial management skills at CUNA Financial Management School, held August 16-20, 2015 in Las Vegas.
“Most people learn best from experience and we’ve had tremendous success at our school using the Stanford Bank Game as a learning tool,” commented Brad Covey, Learning Technology and Blended Learning Director. “It’s an intensive simulation of the financial services industry. Students go through typical cause-effect financial management scenarios by sitting in the driver’s seat and watching their choices play out.”
Attendees work in teams to make financial management decisions, address challenges and compete in a simulated marketplace. In cooperation with the simulation, industry professionals provide additional insights regarding finance and accounting concepts. The school is offered in three parts:
· CUNA Financial Management School: Part 1
Attendees gain hands-on experience working with a team through financial scenarios provided by an asset-liability management model.
· CUNA Financial Management School: Part 2
Dive into high-level decision-making and strategic scenarios such as risk management and strategic financial forecasting for long-term growth.
· CUNA Financial Management School: Part 3
Attendees work through issues specific to their credit union in productive discussions with a group of experienced peers and industry experts. Please note: simulation is completed in parts 1 & 2 and is not a component of part 3.
For more information about CUNA Financial Management School and to register, visit training.cuna.org/fms.
About CUNA
With its network of affiliated state credit union leagues, Credit Union National Association (CUNA) serves America’s credit unions, which are owned by more than 100 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information about CUNA, visit www.cuna.org or follow @CUNA on Twitter. For more information about credit unions, visit www.aSmarterChoice.org and follow @asmarterchoice on Twitter. Visit the CUNA Press Room for a full listing of media mentions, press releases and resources to stay informed on current events within the credit union industry.