The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-05-15
A-B-C of FINANCE
EDUCATIONAL WORK IN A LARGE BANK

An interesting development in the
work of many large business houses
during recent years Is the establish
ment Of educational or special training
systems. AS the demands of business
become more complex and more ex-
acting, there is IA constantly growing
need for broader education and for
special training on the part of em-
ployes. This need has been felt by
banks as well as by other business
concerns, and number of them have
established special educational depart
ments for the purpose of giving their
employees certain educational oppor-
tunitles which they might not other
wise have and which are likely to ada
to their value in the service of the
bank.
The American Bankers Association
established some years ago the Ameri-
can Institute of Banking, the purpose
of which is to give educational ad-
vantages to bank employees The In.
sttute has chapters in cities ana
towns in all parts Of the country and
thousands of bank clerks are now
availing themselves, through evening
courses and otherwise, Of the educa
iional opportunities which the lnsti'
tute offers at Ta.-very moderate cost.
These chapters are supported in large
pnrt by contributions from the banks,
which have recognized in this very
tangible way the business value Of
better trained personnel. These cours-
cs, are generally Of very practical,
financial character, and IT is felt that
The bank employees who are enrolled
are very definitely increasing their
business efficiency by this outside
study and that the result Is certain To
be an improved service to the public
and n profit to the bank.
A number OF the larger banksi have,
in addition, their own educational sys-
tens. one. of the most comprehensive
and carefully planned of these educa
tional systems Is that which has been
established by the Guaranty Trust
Company, of New York. In order that
its plan might be sound both from an
educational and from practical bust
ness point of view, a man was selected
to organize and conduct the work who
had experience both as business ad
mnistrator and aS q university teach
er Of banking The courses which
have been established under his direc
tion are given without cost TO the EN-
ploycs of the baDk.
In planning these courses two re-
quircments have been kept in mind
t'irst, the courses must be practica
and. second. they must be interesting
Employees who are putting in full tint
every day on exacting and frequently
exhausting work, have no time or en-
crgy to give to educational courses un
less they meet both these requirements
The courses have. therefore, been bull
around the personalities of INSTRUCTORS
who combine keen sense Of the prac
teal with unusual ability in presenia
tion. As n result the students in th'
classes are alive, alert and attentive
The benefits they get from the worf
are correspondingly great.
II is estimated that in the course o
year one thousand or more employ
es take some advantage of the educa
tional opportunities offered by tn
company, and in this way make de
finite and conscious effort 10 increas
their business efficiency. In addition
many others are reached through th
distribution of books and printed lee
lures The courses given include Bank
ing. Credits. Corporation Finance, For