2016 Banking Outlook Conference

Posted by Don Woodland on Dec 18, 2015 2:30:51 PM


GSBLSU at FRB Banking Outlook 2016 AtlantaThe Graduate School of Banking at LSU is again working with the Federal Reserve Bank of Atlanta in the presentation of their annual Economic Outlook Conference.  The conference will be held in the bank’s home office in Atlanta on Thursday, February 25, 2016.  The link for registration for the Federal Reserve Bank Economic Outlook Conference is https://www.frbconferences.org/atlanta/16banking

 

The School will present a panel of bankers which will address current issues facing senior management.  The panelist are:

  • Hugh Dailey, President and CEO, Community Bank & Trust, Ocala, FL
  • Jim Edwards, President and CEO, United Bank, Griffin, GA
  • Drake Mills, Chairman and President, Community Trust Financial Corp., Ruston, LA

 FRBA_bankingoutlookcon_113015_mailer

The President-elect of the School, Mark Holladay, Executive Vice President and Chief Credit Officer of Synovus Financial Corporation, Columbus, GA will moderate a panel of regulators from the various agencies.

A block of rooms is reserved at the Hyatt Atlanta Midtown (404)443-1234 which is on the opposite corner from the Fed.  Mention the bank when you are making reservations. 

We hope to see you in Atlanta next February.  

Click image below to open mailer in pdf.

FRB_Banking_Outlook_16_mailer_image.jpg

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Tags: Banking Outloook, Conferences and Events

Bank Declines

Posted by Don Woodland on Jan 16, 2015 10:37:18 AM

BANK DECLINES

banking declinesWhen a business enterprise goes out of business, the cause is often associated with inefficiency, inability, or unwillingness to serve customers, uncompetitive pricing and other economic and environmental factors.  Are these factors involved in the decline in the number of community banks in the last decade?  Is the decline in community banks associated with their unwillingness to lend to their customers?  Are they guilty of charging exorbitant above-market rates of interest?  Do they lack a willingness to serve their markets?  It is doubtful that any of these conditions have contributed to the decline in the number of community banks.  So why are their numbers declining?

Interviews with a substantial number of community bank CEO’s who are merging their banks in response to questions regarding their plans simply respond “I am tired.  This is not fun anymore.”  Further questioning uncovers the heavy burden of time and costs related to regulations from all agencies.  Because of these regulations the bankers feel unable to serve their customers and to return to their stockholders a satisfactory yield on their investments, and they are tired of trying.

GSBLSU is interested in hearing your experiences and feedback in the comments. 

Graduate School of Banking vs MBA

Tags: Regulatory Laws, Banking Outloook

GSBLSU is for Mexican Bankers- Video

Posted by Don Woodland on Sep 16, 2014 1:48:00 PM

For our new and growing cohort of students from Mexico, we have found that our Hispanic prospects have the same questions as our American attendees with the addition of many logistics and practical questions.  

We know that it would be ideal for future Mexican GSBLSU students to have access to alumni and current students to ask them questions and get a feel for the school, the curriculum, and the environment.  We know it would be cumbersome to attempt to connect so many people, so we came up with the next best solution!  We combed through the 40+ students from Mexico to find a nice sampling that were willing to speak to future GSBLSU students in our video feature.  

We hope that potential students and employers looking to further develop their junior bankers in Mexican banks find this compilation video helpful and insightful.  Enjoy!

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Tags: GSBLSU, Banking Outloook

Graduate School of Banking at LSU for Mexican Bankers

Posted by Don Woodland on Feb 28, 2014 9:31:00 AM

For about a dozen years Banorte, a bank based in Monterrey, with branches throughout Mexico and operations internationally, has sent their young leadership to the school for quality focused banking education. 

One of these leaders, Jorge de la Vega shares his experience about the Graduate School of Banking at LSU banking program.

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Tags: Graduate School Options, Banking Outloook

Graduate School of Banking at LSU is for Female Bankers

Posted by Corinne Long on Dec 20, 2012 1:20:00 PM

female banker

In looking at the fields of medicine and law, compared to business related arenas, the numbers of women seeking out education and beginning their professional lives in previously male dominated callings have been increasing for decades.  With 48% of medical school graduates being female in 2011, as stated by statehealthfacts.org, and from 2009-2010, 47% of law school students being female, reported on the ABA Journal’s website, the banking school average of 20% females shows a large disparity in the male - female ratio but also represents a HUGE opportunity for females.

Business schools have become the new “go-to” for females seeking out graduate degrees, and in light of this unbalanced ratio, business schools are starting to recruit females more aggressively as well.  According to Fortune.cnn.com, the number of women seeking out MBAs in 2010 was the highest it has ever been (1 in 3), and with record numbers of women seeking out graduate degrees in business fields like accounting and finance, the imbalance of genders will certainly continue to see a narrowing margin. 

What Glass Ceiling?

Large numbers of women seeking out graduate degrees have a few years of experience in the working world and see the need to develop their level of talent with further education.  The return on their educational investment is manifested sooner with a graduate degree in hand.  The dreaded fear of being stuck with lateral move options or becoming “pigeonholed” in a position can prompt an upwardly mobile lady to consider graduate school.  And let’s not forget that this 21st century lady needs to maintain the most impressive resume, with all the credentials available, in order to keep up with and hopefully beat out the competition, whether male or female.

A graduate degree in banking can give a leg up on paper- yes.  But hey, we all know that women and men choose to seek out graduate degrees for different reasons. Research from the Graduate Management Admissions Council (GMAC) has shown that women opt for graduate school to develop their management skills, to add those professional credentials to their repertoire, to grow marketability and competitiveness in their field, and to gain personal satisfaction and sense of achievement.  On the flip side of the gender coin, men seeking graduate degrees were primarily looking to increase their technical and operational challenge handling skills.  Regardless of the reason for initially heading out on the quest for a graduate degree, we can all see that a female WILL build her confidence, bolster her place in the workforce, and grow stronger in her individual identity, as she blasts through that glass ceiling.

The Changing Landscape

According to Catalyst, 47% of the workforce is female.  Women hold 14% of executive level positions in the US and 16.6% of all public company board seats are filled with female representatives, as reflected in the 2012 Catalyst Census: Fortune 500.  This report also states that the NAICS category of Finance & Insurance sectors has 19% female representation on its boards- one of the highest.  So, it seems that despite the disproportionate number of male to female executives, there is an active movement to increase gender diversity in these financial institutions. 

American Banker's Barbara Rehm, concludes that one index that points directly to executive positions are corporate board seats.   Internationally, countries such as Norway, France, and Australia have government mandates of gender equality in definitive percentages for board seat filling.  Rehm notes that, “In 2009, the Securities and Exchange Commission approved rules requiring management of publicly-held companies to disclose their companies' consideration of "diversity" (which the SEC does not define) in the nominating process for board members.”  So, there are initiatives underway to see more women in the ranks of banking institutions and corporate boards of banks.

According to the Bureau of Labor Statistics, in 2011 women represented these sectors accordingly:

 

Banking & Related Activities   63.30%
     
Savings Institutions, including Credit Unions   72.30%
     
Securities, Commodities, Funds, Trusts, and other Financial Institutions   38.70%

 

Been There, Conquered That

In 2012, American Banker’s magazine announced its 10th annual “Most Powerful Women In Banking” awards.   The 25 recipients of this award represent a driven and powerful sampling of the banking world and how success can be achieved at the highest levels for females.  In addition to their numerous accolades, both personal and professional, all of these banking superstars have encountered the challenge of being female in a male dominated corporate world.  Virtually, all of them can begin their story with having found a mentor and seeking out specialized banking education to catapult their careers forward, fueled with strong perseverance, networking, and maintaining a sense of humor through it all.

GSBLSU and You

The first step on the road to C-level offices for females is education and showing the desire to compete within a world currently populated largely of men.  Developing your talent at the Graduate School of Banking at LSU can be a pivotal point in any lady’s banking career and investing back into yourself shows not only on your resume but in your corporate self-confidence and your individual brand or identity.  The Graduate School of Banking at LSU has a freshman class of 20% females currently.  This ratio is a huge opportunity for any female and a great place to network among potential colleagues.  How better to become accustomed to an environment than to train in one?

If the trends in medicine and law carry over to banking graduate school degrees, any woman currently enrolled in GSBLSU will be an early adopter that will have paved the way for so many other females to follow.  And, if the numbers of women continue to increase on boards and the corporate diversity begins to levelize, any female starting the trek to that C-level office will now will be the ones shifting those numbers tomorrow!

The GSBLSU brocure, with more specific course information, can be viewed here. And, if you'd like even more reasons why GSBLSU is a great fit for furthering your banking career, click the link below! 

Click Here For 9 Important  Reasons To Attend GSBLSU

photo credit: <a href="http://www.flickr.com/photos/herlitzpbs/6305483153/">herlitz_pbs</a> via <a href="http://photopin.com">photopin</a> <a href="http://creativecommons.org/licenses/by-nd/2.0/">cc</a>

Tags: Banking Outloook

Curious About US-Mexican Economic Relations?

Posted by Don Woodland on Nov 15, 2012 11:09:00 AM

US Mexican Economies

Where are the United States and Mexican economies headed next year and into 2014?  Curious about US-Mexican economic relations? This interesting and important topic will be addressed by school faculty member Dr. Thomas Payne at the school’s fourth annual economic forum to be held in Monterrey, Mexico on December 5, 2012. 

The forum will be attended by bankers and business leaders in northern Mexico and south Texas.  Bankers presently enrolled in the school as well as graduates will be well represented at the program.  Many in the banking and financial sectors have an increasing interest in the US- Mexican economic relations, as Mexico is the third largest trading partner with the US.

Trade between the United States and Mexico is extremely important to both economies.  As the U.S. economy slowly recovers from the recession, foreign trade can play an important role.

 

For more information about the program, simply click here or contact Don Woodland at the Graduate School of Banking at LSU at 225-766-8595.  The presentations will be in English.

Graduate School of Banking vs MBA

Tags: Banking Outloook