October 21, 2009

Think of how the banking landscape has changed over the past year. Starting in Sept. 2008, Lehman Brothers filed for bankruptcy, Washington Mutual failed, Merrill Lynch was acquired by Bank of America - seismic moves that signaled unprecedented change in the industry.Just as the banking industry has changed, so have banking schools transformed themselves to meet the new demands of today's banking leaders.

"From emphasis on theory, banking education has evolved by focusing more on hands-on learning, implementation of concepts and tools on how to run a bank and how the bank should interact with the community," says Melissa J. Cabocel, Vice President & Director, Graduate School of Retail Bank Management (GSRBM) based in Virginia.