MADISON, Wis. (6/4/13)--CUNA Financial Management Schools, Aug. 11-15 in San Francisco, give credit union managers and chief financial officers, the opportunity to manage a credit union's finances first-hand without the risks involved in making real-life, complex financial decisions.
In an asset-liability management simulation, credit union financial management professionals will work through the details and decisions involved in running a financially successful credit union.
"The Stanford Bank Game simulation has been a great addition to the Financial Management School's curriculum," said Brad Covey, Credit Union National Association manager of Web course development. "It allows students to test new strategies and ideas, without fear of causing real damage to their credit union's finances."
Parts 1 and 2 of the school involve working with a team to address the problems that arise in the simulation and competing against other teams to gain experience working in a competitive marketplace. Expert speakers, including Steve Rick, CUNA senior economist, will augment the financial management lessons learned through the simulation and prepare attendees to successfully manage their own credit unions.
CUNA Financial Management Schools are offered in three parts: