FINANCE SERVICES
Program Description
Given the demise of the basic steel industry and the substantial decline in automobile affiliated manufacturing in Western New York, private sector employment opportunities appear to exist primarily in a segment normally referred to as the Financial Services industry. This field historically embraces banking, insurance and real estate, with the later two requiring state licensing for many of the positions offered.
At this writing, Buffalo is home to two huge banks and a regional center for three others, with a number of smaller institutions having area presence. Erie County serves as a regional base for GEICO Insurance, Merchants Mutual and a handful of smaller operators. Our real estate market, compared with much of the nation, is strong and growing.
Human Resources officers at many of these financial entities report aggressive recruitment efforts in place. They encounter bright, well-intentioned employment candidates; however, many of these job-seekers appear to lack basic job skills, including familiarity with the industry. Coupled with developmental work in math and English skills, a new certificate in Financial Services will do much to rectify this lack of job preparation.
This SUNY certificate is grounded in this belief: Major local employers have developed strong in-house training programs focusing on the business at hand; however, ancillary knowledge and skills make the student a more attractive candidate for employment and promotion. For example, HSBC and M&T Bank are equipped to thoroughly acquaint new hires with the details of banking operations; however, employees need collateral knowledge of business law, accounting, insurance, etc. to be truly effective bank assets. Ten of the 12 courses mandated in this program would also count toward the Associate of Applied Science in Business Administration degree. This program thus fills an immediate need and applies credit toward the A.A.S. in Business, a degree many employers are willing to subsidize.
Degree: Certificate
Hegis: 5003
Curriculum Code: 0907
Total Degree Credits: 37.0
Campus Location: City