HOUSTON--(BUSINESS WIRE)--Many financial institutions are experiencing a shortage of new credit analysts and lenders, but few are able to commit the resources needed for a traditional credit-training program.
The University of Houston C. T. Bauer College of Business Executive Education program is launching a Commercial Lending School that provides classes for employees of banks and credit unions. The program is sponsored by Business Alliance Financial Services of Monroe, La.
“Bauer is offering top-quality credit training within a framework that develops and reinforces skills financial institution employees need to function independently as commercial analysts or lenders,” said Gary Randazzo, director of Bauer’s Executive Education department and a clinical assistant professor in marketing.
“To participate, students need to demonstrate basic competency in accounting, particularly financial statements and the principles that govern their construction,” Randazzo said. “If any registrants do not have that level of familiarity with accounting, we suggest they complete Bauer’s Open Enrollment accounting and financial statements courses before joining the class.”
Students will earn a certificate after completing classes split into three consecutive sessions running May through August. Graduates will be encouraged to sit for the Risk Management Association’s Credit Risk Certification (CRC) examination after completing the school.
Candidates applying for the Credit Risk Certification examination should be commercial lending professionals with a minimum of three years of credit risk experience and should be familiar with:
• Evaluating a client's industry, markets and competitors.
• Assessing a client's management ability.
• Completing accurate, ongoing, and timely client financial assessments.
• Assessing the strength and quality of client/sponsor cash flow.
• Evaluating collateral values, including collateral inspections.
• Identifying repayment sources, and structuring and documenting credit exposures.
• Dealing with problem loans and actions.
Participants will be expected to attend all classes and complete assignments, including independent work designed to be accomplished between sessions. Outside assignments will consist of case-based problems and exercises that link with and reinforce classroom learning.
Dates for the three sessions are Commercial Lending, May 7-11; Risk Management Association Lending Academy, July 9-13; RMA Lending Academy II, August 13-17. More information can be found at www.bauer.uh.edu/exec.
About the University of Houston
The University of Houston is a Carnegie-designated Tier One public research university recognized by The Princeton Review as one of the nation's best colleges for undergraduate education. UH serves the globally competitive Houston and Gulf Coast Region by providing world-class faculty, experiential learning and strategic industry partnerships. Located in the nation's fourth-largest city, UH serves more than 45,000 students in the most ethnically and culturally diverse region in the country.
About the C. T. Bauer College of Business
The C. T. Bauer College of Business has been in operation for more than 60 years at the University of Houston main campus. Through its five academic departments, the college offers a full-range of undergraduate, masters and doctoral degrees in business. The Bauer College is fully accredited by the AACSB International – the Association to Advance Collegiate Schools of Business. In August 2000, Houston business leader and philanthropist Charles T. (Ted) Bauer endowed the College of Business with a $40 million gift. In recognition of his generosity, the college was renamed the C. T. Bauer College of Business.