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Technical College of Banking and Finance under starter’s orders

Basel, 13 July 2005 - The Swiss Bankers Association, in conjunction with an educational consortium, is launching the course of studies in Banking and Finance (German: Bildungsgang Bank und Finanz HFBF). The course is to offer new opportunities for further training in banking in a non-university context and aims to provide attractive and future-oriented training courses based on all-Swiss standards for people who have completed basic training in banking. Courses are due to start in 2006.

The new course of studies in Banking and Finance is being launched by the Swiss Bankers Association (SBA) after getting the go-ahead from the SBA’s Board of Directors. The College will offer attractive opportunities for further training to people who have completed basic training in banking. Teaching will be carried out at existing institutions and will be standardised across the country. It is intended that those who successfully complete the course will be awarded a federally-recognised diploma according to the Vocational Training Act. Training will be designed to allow students to acquire core skills across the entire spectrum of banking and finance. The new course of studies is designed to be an alternative to university training and to enable students to raise their banking and leadership skills to a very high level.

The SBA, which is the sponsor of the new course, signed an agreement with a pan-Swiss educational consortium. This agreement aims to establish pedagogical and professional standards for the college. This newly-formed educational consortium, called the “AKAD Höhere Fachschule Banking & Finance AG“, consists of four long-established institutions: the Kalaidos Bildungsgruppe Schweiz (AKAD Business); the Centro di Studi Bancari Lugano; the IFBF Institut de formation bancaire et financière supérieure Lausanne; and the ISFB Institut Supérieure de Formation Bancaire Genève. This cooperation ensures the availability of nationwide, standardised further training in three national languages and courses will be offered in different parts of the country.

The course of studies in Banking and Finance can be attended by people while in their current jobs and the study programme lasts three years. Fees for the three-year programme will be around CHF 24,000. The first courses are due to start in 2006 and applications for places can be made from September this year.

Note to journalists:
More information about the Bildungsgang Bank und Finanz HFBF can be found on the following websites: www.hfbf.info (in German or French) or www.akad.ch/banking+finance (in German or French).


Contacts

Thomas Sutter James Nason
Head of Communications Switzerland Head of International Communications
Swiss Bankers Association,
Basel
Swiss Bankers Association,
Basel
Tel. +41 61 295 92 06 Tel. +41 61 295 92 15
Fax +41 61 272 53 82 Fax +41 61 272 53 82
www.swissbanking.org www.swissbanking.org
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