But BanRisk is unique because it is also one of the few programs that can be delivered successfully over an extended period of time in distant learning formats without taking personnel away from their normal duties. Groups compete in the simulation so most teams work harder toward the end of the course than they do at the beginning. The only significant expense is the direct cost of the educational materials which is typically less than tuition fees. To start a BanRisk program all the participants need are the course materials and a few administrative details. Participants do not use the software, they complete a form and submit it to a central source for processing.
Clerical staff can run the software and generate the reports for the teams in less than one hour.
While managing a computer simulated bank, participants see how information and management decisions must be carefully integrated with other operating areas of the bank in order to maximize profitability. Participants use what they learn in different ways. Benefits differ for specialty areas of the bank such as Treasury, Finance, Systems, Marketing, Administration, Product Development, and so on. You can get a little better idea on how this would work if you browse the material in the e-mail open enrollment part of this site. If you would like us to contact you regarding a license or providing distant learning versions of BanRisk please just use our short Information Request Form.