bank of america learning hub

Well thank you, Rob. But we all need to own these data, which is that colleges and universities have to work on advancing equitable attainment. So, let me introduce our speakers and moderators for todays discussion. The best way to redeem Bank of America Travel Rewards credit card rewards points is by spending them on travel. This marks the first session in the series of presentations to really help guide your respective project plans. It's also helped both institutions build equity into Transfer Pathways. Is your region's overall economy growing or declining and in what sectors? Right. Every student in the Health Science pathway has a mandatory ASN orientation to ensure they understand early on what it takes to do nursing. It's also important to keep us from thinking that being a stockbroker or a lawyer is better than being a teacher, right? And one thing I want to be really clear at the front end here. Opens an external site in a new window. Company goals are aspirational and not guarantees or promises that all goals will be met. Many of you are not new to this work you are already experts in your own ways of doing this and we're looking to be able to catalyze and help you improve on those great foundations you've already built. KERRY SULLIVAN: This Learning Hub is to support our jobs initiative in concert with colleges and employer partners and we're really excited about today. The next one please. Provides you and your family with educational tools that help with complex money topics. I mean if you look at the last decade, that this College Excellence Program has been around, I don't think anyone has shone the light more on post-graduation outcomes and centered the work of higher education on post-graduation outcomes more than College Excellence Program, so thanks to our colleagues for doing that. In the wrong place? Certain links may direct you away from Bank of America to an unaffiliated site. Provides an outlook on the economy; the effect of inflation on job creation and the transformation of the world and what it means for the future of jobs in the United States and abroad. The WalletHub rating is comprised of reviews from both WalletHub users and ratings on other reputable websites. Member FDIC.Equal Housing Lender Learning & Leadership Development Consultant at Bank of America Fort Mill, South Carolina, United States . Bank of America Reviews. Millions of people from all walks of life access our free, easy-to-understand resources every year. Following a successful pilot with 400 employees, 97% of the participants felt more comfortable performing their tasks after going through the simulations. Log In to Online Banking User ID Save this User ID Password Forgot your Password? And this is something we really lead the world in is college access and again I think we should celebrate that. That's not what we're saying here. Accordingly, BofA took an accumulated net unrealized loss of $3.5B on its AFS securities. And I think that the idea of homeschool reform is really taking hold and a lot of you are engaged in this. So program review, is another place you can start to think about whether we're asking these questions. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Meyerhoff program staff have regular touchpoints with students to provide academic advising and counseling, and to support them and completing applications to graduate and professional school. And what jobs are they connecting to? CNET's editorial team updates this information . And what populations are enrolled in high value programs. JOSH WYNER: That's fantastic. The 444 granted patents and 722 applications, among the most in the financial industry, filed put the bank at 4,400 patents total, held and filed. We also know, moving to the next slide, that many young adults can't make ends meet. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. And lastly, Rob Johnstone, who many of you know. Presenters: Josh Wyner, Founder and Executive Director of the College Excellence Program, Aspen Institute Daniel Trujillo, Senior Program Manager Aspen College Excellence Program Moderator: Dr. Welcome to The Academy at Bank of America The Academy helps our teammates be successful through world-class onboarding experiences, training opportunities, and an intense focus on career development. Bank of America Business Banking serves companies with annual revenue between $5 million and $50 million. The intent for the session is to have a conversation on DEI hiring. Thank you so much. This is compared to students who are invited to join, but declined and attended another university. For example, they look at current and projected demand for graduates by type of credential for industries and occupations within their labor sheds. Speakers: Katie S. Fischer, SVP, Market Executive, Bank of America St. Louis Market, Feleccia Moore-Davis, Ph.D., Campus President at St. Louis Community College: Meramec, Hart Nelson, Associate Vice Chancellor, Workforce Solutions Group at St. Louis Community College, Sarah Faupel, Talent Acquisition, Enterprise Holdings, Case studies: Veronica Aguilar, AVP, Community Outreach, Arizona State University, Lorenzo Chavez, AVP, Community Outreach & Partnerships, Arizona State University, Maria Echeveste, SVP, Community Relations Manager, Phoenix Market, Steve Partridge, VP of Strategy, Research & Workforce Innovation, Northern Virginia Community College, Dekeda Brown, AVP, Community Relations, Greater Washington DC Market, Respondent panel: Dr. Jim Jacobs, Ed Bowling, NCII. Offers a framework and resources that will support the Jobs Initiative design teams tasked with creating institutional transformation. But that brings up another point, is that we have to have agency in this work; we have to have a fundamental belief that we CAN improve data. Security Code Help. Are the jobs this program prepares students for located in this region? It was actually designed to produce the next group of people who had studied deeply what you were interested in. I was thinking that I've listed in the presentation from Josh and Daniel about some of the key takeaways and certainly the focus on this notion of a vision for Talent Development. The Signature Jobs Initiatives goals are: to increase the pipeline for diverse hiring; to increase economic returns for communities of color via entry into high-wage in-demand careers; and lastly, to build sustainable infrastructure at the colleges to maintain collaborative hiring partnerships. (Slide 22) But one of the things that you see, lets take the gray here which is undecided, undeclared students. Welcome to our four year HBCU friends. How we help people, companies and institutions realize their financial goals. Drawing on the results of a recent GARP Risk Snapshots survey completed by more than 650 FRMs worldwide, Bill May, GARP's Global Head of Certifications and . *Bank of America will waive monthly fees if certain criteria are met. So, universities and community colleges can also work together to improve outcomes through workforce aligned partnerships. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. These intentional pathway designs and supports at Broward have helped them increase completion rates by 15% and reach a retention rate of 97%. It also shares opportunities for partnerships with CDFI organizations to help enable operational and infrastructure development. As companies consider leveraging VR training, here's what Bank of America learned through the launch of a full-scale program . Bank of America has made its digital advances the centerpiece of much of its work. A through line in these four areas is equity, what can colleges and universities do to increase equity and outcomes in access to high value credentials, and post-graduation success. AND I feel that in all our conversations with you at the college level, with that agency, a corresponding sense of urgency are a critical piece of this equity. Well, first, there are a lot of adults who are stranded in low wage work. Information-sharing terms and conditions. So today we're really going to talk about our research into the connections between colleges and employers. They work closely with employers in the region and they collaborate to work backwards from employer expectations into George Mason and back to Nova. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). Then it is about where the good jobs are, right? In other words, if you are a Black student, the chances that you will be unemployed, go down at each level of education and similarly for Hispanics, and your, your, your weekly earnings, your annual earnings will go up. It wasn't actually designed to give gifts to people with skill sets to move into careers and 98% of students at the 21 colleges on this call are not going into academia. It also identifies practical applications of interventions to mitigate the impact of stereotype threat. Yet only 33% of these students transfer to a four year college within six years, and 14%, earn a bachelor's within six years of starting college. Presenter: Cynthia H. Bowman, Chief Diversity & Inclusion and Talent Acquisition Officer,Bank of America, College and market panel: Dorna Werdelin, Vice President of Communications, Marketing, and Public Relations,Atlanta Technical College, Loretta Ovueraye, Ed.D. And the question for us today is really what the vision for equitable talent development is at college so briefly I lead the college excellence program at Aspen and, and we have for the decade we've been in existence, looked at Student Success and Equity, and we define student success as both what happens with students while in college, are they learning and completing their credentials, and whether that sets them up for success after they leave, then transfer for community college students, and for all students into a four year colleges, whether they're set up for success in the labor markets are they getting good jobs. The audacious goals of this project of getting more students of color through the living wage careers and also diversifying the workforce new communities and strengthening those communities. "Think of fraud. And I have to say I had the pleasure of working with Josh, many years ago with the Community College Prize because Bank of America was one of the founding funders of that initiative so it's great to be working with them again. As John puts it, The Academy is, "truly an environment where people can practice, where they can learn that goes beyond just the typical sort of learning environment into a really high-touch . And we know what happens when some good programs exist, and by good programs I mean some programs that are aligned to workforce needs and some that aren't, which is that Black and Latinx students are kept out of the former, and they're concentrated in the latter. Bank of America is a full-service national bank with roots dating back 240 years. Again in, in every sector, and really engage in reenrollment campaigns for the fall, and hopefully things will be back to some semblance of normal, normalcy and people can see their way back onto our campuses. If your job is to help individuals get ahead and to connect them to good jobs, you need to understand where the jobs are. That is a signal that you're less likely to have good post-graduation outcomes. All rights reserved. So with that, I'll turn it to you Rob. arrow_forward. Presenters: Dr. Andrew Jones, Diego Navarro, NCII, Amy Gurley, Senior Vice President, The Academy at Bank of America, College panel: Arleen Hernndez-Daz, Full Professor, School of Business, University of Puerto Rico, Rio Piedras, Joscelyne M. Brazile, Assistant Vice Chancellor for Major gifts and Constituent Giving, North Carolina AT&T State University. Through our synthesis of research for the workforce playbook, we found that colleges that achieve high and improving levels of student success, both in graduation and in workforce outcomes, engage in practices related to these four strategies. Are they Black students, Latinx students? The model explores not only the incremental costs of innovation and doing things differently as a result of the Jobs Initiative-supported change work, and the potential revenue to be gained by successfully moving the needle on key performance indicators (KPIs) that translate into additional revenue for the college. What we see here is 50% of students stopped out if Black students stopped out of 39% of Hispanic students stopped out. So, what, what, what do we want you to leave this presentation with? San Jacinto really looked at in terms of wages and career ladders when they're reviewing programs. 3.9. I think there's a particularly thing about it. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. And, as in the last recession, while many people have lost jobs, it is true today that during COVID, you are more likely to remain employed if you have a college degree. And some of it is how students are coming to us the work that needs to happen at the policy level. And we need to own that it's not all. That's the key. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. In 2023, approximately 96% of employees have received or will receive . However, the power and utility of AI/ML have long been known to financial institutions. In the wrong place? Introduction. We know the promise of higher education and moving forward. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. You can deposit checks without visiting a financial center through Mobile Check Deposit 3 and Remote Deposit Online 4. If you have a college degree; if you're a college graduate of any kind that goes down to about a quarter and if you have an advance degree, the numbers go down to 17%. Oscar Wong/Getty Images. It's the second largest in the U.S. by assets and offers in-person banking through roughly 4,300 financial. Bank of America is the first financial services firm to launch virtual reality (VR) training in nearly 4,300 financial centers nationwide. What are the economic challenges in your region? Monroe looked at the data on industry clusters, and convene employers and they worked with economic development organizations to better understand the changing the labor market. To meet these goals, its imperative for colleges and universities to understand the diverse hiring strategies of their employer partners. Think a little bit about why you are engaged in this work and whether everybody understands that and is this consistently being communicated. You should consult a professional adviser regarding your personal situation. Today 97% of employers have fewer than 100 employees but most fall within a few major fields. So the dotted lines are the living wage for people in smaller and larger families. Certain links may direct you away from Bank of America to an unaffiliated site. Who has access to which type of degree? Eligible Bank of America cardholders can now get . So, one of the things that people talk about growing jobs all the time look at replacement jobs they often are much bigger than the number of jobs that are growing. Who are those stranded workers? Bank of America myLearning Welcome to myLearning! Log In Forgot password? Brussels, Belgium | Bank of America Europe DAC, Brussels Branch. The design of the learning hub will help enhance the dialogue among local bank leadership, employer partners, and educators at our respective colleges on topics tied to up-skilling and re-skilling as well as broader skills needed for mid-level jobs for students working on either their associates or baccalaureate degrees. I'm delighted to hear about some of the plans to expand Pell and to expand free college for students so that they can continue to come to our institutions. Log In Stay connected with our app Secure, convenient banking anytime Get the app Login help Forgot ID/Password? ROB JOHNSTONE: Thanks so much, Josh and Daniel you're getting silent applause from the crowd here. Room: HUB 105. Deming, of course, is everything, every system is perfectly designed to get the outcomes it has, right? And again we're doing that so to show what these startling differences look like. These topics are not exhaustive, we could do what we are we have nine topics in the spring; we're gonna have many more coming in the fall where we this is not meant to be an exhaustive. And I know for many of you you've been working hard at this. Contact: 206-632-7551. Education? Ben Mitas sipped Vinho Verde from a stemmed wineglass while he watched his daughter play on a swing one afternoon in January. By the way, there is a cognitive dissonance structural tension issue that we're not, unless you guys want to raise it today we're going to raise in a later webinar, which is around this classic tension between post-graduation, outcomes, and what happens in higher education. Let's help our future generation by not allowing them to make some of the mistakes we We know that the population is going to continue to diversify. So thank you all for being here; Thank you to those of you who are viewing the recording we couldn't be more excited to be working with you. And with that, I'm handing it I think to Josh. Outlines how institutional decision-makers can improve employment and earnings outcomes for graduates by advancing a vision for talent development and economic mobility and creating college systems necessary to enact that vision. Again it's meant to stimulate thinking and prioritization, and we'll talk a lot more later on in this series, and some guys specific webinar on this and how we think about design and implementation and versioning so that you're not trying to take on the whole world that you can chunk this into parts which is one of the key tenants of improvement science. What this shows is that good jobs which. A review of professional skills training modules developed by The Academy at Bank of America and available at no cost to all college/university partners and students. Please contact your manager or vendor manager for assistance. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. We have four, four-year public Hispanic Serving Institutions, Arizona State University Downtown, in Phoenix, Arizona; Baruch College at the City University of New York in New York City; Florida International University in Miami, Florida; and the University of Puerto Rico, Rio Piedras in San Juan, Puerto Rico. $4.95. Connecting to a discipline, which you see in the light green area is strongly correlated, a structured transfer credential and community colleges in this case. Chair of the Board and Chief Executive Officer, Bank of America Corporation. And I know it's a little hard to read this slide, but slides will be made available through Rob as well. Use your Social Security Number to reset your password if you are a Sole Proprietor without a Tax ID or Consumer-Small Business linked profile. The goal of the Learning Hub is to enhance program planning and strategic development of existing or new guided student career pathways among the college/university partners. JOSH WYNER: Thanks so much, Daniel. $12. This led to developing Ladders Up which has a dedicated facility with space that can accommodate a wide range of just in time training needs. The partnership was able to develop, to deliver value to both students and employers and has positioned both institutions as important players in workforce and economic development in their region. Following the successful pilot, Bank of America became the first financial services firm to launch VR training in October 2021 to nearly 4,300 financial centers nationwide, reaching approximately 50,000 employees. Review important legal disclaimer before using the Learning Hub. In fact, the overall goal of the Learning Hub is to enhance your work on the jobs initiative, and over time we hope to bring the voices of additional experts from Bank of America to this forum. They identify inequities and who is enrolled by population. Advancing a vision for equitable talent development centered on high-quality programs aligned to regional workforce needs. The Hub continues to grow and now contains over 1,000 resources that have been authored or curated by Oregon educators. So, with that we gave Daniel and Josh a chance to get a break and I think George is asking that you raise your hand if you want to ask a question directly of our presenters and we will engage a number of those questions first. And this is where there's some college no degree, looks a lot like high school or less. Folks have to be earning enough money to repay their debt. The job market is changing. Since 2017, we have awarded more than $4 billion in special compensation awards in recognition of efforts in driving responsible growth. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Long been known to financial institutions bank of america learning hub are a lot of you 've... Of wages and career ladders when they 're reviewing programs post-graduation outcomes ; s the second largest in Health... Look at current and projected demand for graduates by type of credential for industries occupations! Points is by spending them on Travel homeschool reform is really taking hold and lot! That you see, lets take the gray here which is undecided, undeclared students are enrolled high... Deposit 3 and Remote Deposit Online 4 ) training in nearly 4,300 centers... 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