Keep this in mind to help determine when to redeem Bank of America Travel Rewards credit . It's disaggregated that either subtly or directly we start thinking about what's wrong with the students that end up being in those buckets. Offers a framework and resources that will support the Jobs Initiative design teams tasked with creating institutional transformation. MLPF&S is a registered broker-dealer, registered investment adviser, Member Securities Investor Protection (SIPC) popup and a wholly owned subsidiary of Bank of America Corporation ("BofA Corp"). And what jobs are they connecting to? VR is highly effective at helping teammates build and retain new skills and it is one of many ways we are using technology to support internal mobility and provide best-in-class learning opportunities.. That's not the only thing that matters; debt matters as, as well. Take the assessment to understand and improve your financial health. Grubhub is offering Eligible Bank of America Credit/Debit Cardholders, 1-Year Grubhub+ Membership for Free when you when you sign-up/activate this offer through the promotional link. Our friends at the community college research have found a way for community colleges to start to bucket all students into one of these six categories that you see here. And then if you look at the number who are disconnected from higher education, a key way to move them out of poverty. So what can colleges do? Students who are interested in nursing, choose the general health science pathway at Broward, and they express interest in the ASN program. So, universities and community colleges can also work together to improve outcomes through workforce aligned partnerships. Global Liquidity Management - Concentrate cash and move funds across borders. That does not, however, tell the whole story. As we together continue to address not only historical but current institutional and systemic racism that exists and I think our fans and Bank of America for the initial investment they made so quickly after the racist killings of last spring, spurred many of us to action, who were already working on this but it added an additional set of energy to and we think our Bank of America friends for so quickly, joining that movement. 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. It's why so many of us do the work and why we're here today, its for the populations that were working hard on behalf of. One strong example of colleges working with industry and taking a regional, sectoral approach to adapt to a changing economy comes from Monroe Community College in Rochester, NY. Respondent panel: Dr. Jim Jacobs, NCII, Ebony Thomas, SVP, Racial Equality and Economic Opportunity Initiative Program Executive, Bank of America, Vania Laguerre, Miami Market Executive, Bank of America. Presenters: Dr. Jim Jacobs, Bettina Celis, NCII. And then you really need to have a vision for how it is you're moving things forward, but rooted in clarity around what a good job is; rooted into clarity about where students currently are; where the population is; where's the Black population is in our community; where are Latinx students, and where the good jobs are. And you also have an individual lens with your relationship with your college university we encourage you as you listen to what you're going to hear today on the rest of the webinar series, to look at it through your lens. Bank of America, N.A. We have a lot of people working full time who need higher education to pull themselves out of very difficult circumstances for themselves and their family. Log In Stay connected with our app Secure, convenient banking anytime Get the app Login help Forgot ID/Password? The vision is really rooted I'm going to talk a little bit about these three elements. Offers strategies to embed student financial supports throughout the student experience, inside and outside the classroom in order for students to progress and complete their educational goals. The best way to redeem Bank of America Travel Rewards credit card rewards points is by spending them on travel. Tel: +32 2 401 87 42 and +32 2 401 87 41. Bank of America recently announced it is investing $150 million in 40 private funds focused on minority entrepreneurs as part of its efforts to address the persistent gap in access to growth capital for minority-led businesses, which included Fearless Fund, based in Atlanta. You will be able to explore and learn from self-paced, instructor-led, and third-party courses that help build the competencies you need in your current role or for your career path in Yoma Bank. As Daniel mentioned, Northern Virginia was growing a lot, and there were good jobs for teachers. 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. The message here is that no matter what your reform strategy is, and Guided Pathways is one of those reform strategies that is holistic and thinks about getting students all the way from the time they enter into completion, no matter what it is that aligning those pathways to post graduation success is key. Presenters: Dr. The best Bank of America student Visa credit card is the Bank of America Cash Rewards for Students. It's also about making sure we have the talent to drive our country forward. So with that, without any further ado, I want to turn it over to my good friends Josh Wyner and Daniel Trujillo, with the Aspen Institute, and I'll be back after the presentation to help moderate some of the discussion that comes in. By Chad Bray. In the mid-1990 to mid-2000s many workers were laid off when the regional economy moved from reliance on major employers such as Kodak and Xerox, to small businesses. We're going to present a framework today in our workforce playbook a four part framework, and really dive deeply into the notion of vision which is the first of those four parts. Black and white representation is, is reflective of that population as a whole by a large Black representation is. Rob Johnstone, Founder and President, NCII Bank of America: Kerry Sullivan, President, Bank of America Charitable Foundation, Bank of America Jobs Initiative College Employer Learning Hub February 26, Session #1 Advancing a vision for equitable talent development centered on high-quality programs aligned to regional workforce needs Speakers: Josh Wyner Vice President, Aspen Institute & Executive Director, Aspen College Excellence Program Daniel Trujillo Senior Program Manager at the College Excellence Program, Aspen Institute Moderator: Dr. But who gets access to the pathway to a bachelor's degree who's completing degrees that have value. Here's what we know, that in STEM fields which tend to lead to higher paying jobs, that 9% of STEM workers in our country and 7% of the STEM workers in our country respectively are Black and Latinx. I'm going to give a minute or two of response so you guys can breathe before we dive into a formal Q&A session. Folks have to be earning enough money to repay their debt. Students are also expected to participate in activities such as research conferences, paid internships and study abroad experiences. Right. Say "Service" again if asked twice, then press "4," and you . Bank of America is the first financial services firm to launch virtual reality (VR) training in nearly 4,300 financial centers nationwide. An exploration of strategic financing with a focus on revenue and expense management in support of long-term goals. By Jordan Stutts. So I think really the first dynamic here is a cultural dynamic, which is that I think on our college campuses, labor market outcomes post-graduation success outcomes are just not proximate to what it is that we do. All rights reserved. This helps students meet George Mason's expectations for pre-majors students, and it has enabled George Mason to diversify its enrollment and student population. Other strategies include working with employment sectors to open new programs, in order to recruit new businesses, as well as working with businesses to anticipate future needs and build programs and curricula for future opportunities. We at NCII are excited to be part of this journey with all of you as you work towards increasing your impact and achieving equity for our students and communities of color. This is people who are working full time, and you see the huge disparities between white students, Asian students on the one hand, and we do understand that students we really need to tease that out to Southeast Asia versus others, but, but if you just look at Black and Latino as stranded workers as we call them it's a really high number. 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. Now there are calls for regulators who are reviewing the deal to require the same of more banks. 2023 Welcome Benefits Welcome to Employee Resources at Home Here, U.S.-based Bank of America employees can access a wide range of benefits and programs to support you and your family when away from a work computer. 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. But even if they're not growing, are there replacement jobs? Some accounts and services, and the fees that apply to them, vary from state to state. And I know for many of you you've been working hard at this. Bank of America Reviews. July 21, 2017. So this is the kind of nuanced data that once you've established the living wage, you can start to collect to figure out what are students earning a living wage; how long will it take? Rob Johnstone, Priyadarshini Chaplot, NCII, Respondent panel: Ed Bowling, Bettina Celis, NCII, Nathan Wistran, Bank of America Learning Solutions Development, Delivery & Management. Introduction. JOSH WYNER: Thank you Daniel. And this is where there's some college no degree, looks a lot like high school or less. 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. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Innovation is at the heart of everything we do, said Hari Gopalkrishnan, Head of Retail, Preferred, Small Business and Wealth Management Technology at Bank of America. And while there is no single solution for all contexts, we've seen that better outcomes are possible no matter the geographical context. It was actually designed to produce the next group of people who had studied deeply what you were interested in. Third, they support students pathways decisions and success, including helping them make informed decisions and providing needed students supports through post-graduation. 3.9. These include healthcare, advanced manufacturing, applied technologies and information technology. Shares examples of how informed decisions improves economic and social mobility for students, colleges and universities, and employer partners. The question is how to bring that information regularly into the colleges consideration, and to incorporate it into a vision. I think it's important for you all to know who your peers are as an amazing group of institutions, I and my team members had the wonderful opportunity of working with you already. This session will explore the professional skills aligned to employer needs. Presenters: Savita Subramanian, Managing Director, Head of U.S. Equity and Quantitative Strategy & Head of ESG Research, Bank of America, Haim Israel, Global Strategist, Head of Global Thematic Investing Research, Bank of America Global Research, Stephen Juneau, Vice President, US Economic Research, Bank of America, College panel: Dr. Kannan Mohan, Professor Paul H. Chook Department of Information Systems and Statistics, Baruch College Zicklin School of Business, Dr. Cedrick Gibson, Associate Vice President for Workforce Development and Entrepreneurship, Florida State College Jacksonville. Some colleges, after looking at their labor market information, realize there are not enough jobs or not, or not enough good jobs to match the employment needs of students and graduates. Please return to the application you intended to access and Sign On again. And yet, in the US population and in the workforce, those numbers are much higher for Black and Latinx individuals. Review important legal disclaimer before using the Learning Hub. . Our award-winning, proprietary Global Liquidity Management solution is a comprehensive set of liquidity solutions that provide you with the control and visibility required to handle your business' complex cash-flow challenges. As companies consider leveraging VR training, here's what Bank of America learned through the launch of a full-scale program . What is the educational attainment level of your population generally and we're just disparities exist? It's rooted in a WHY. One outcome of this process was that they identified and convened 11 companies with similar skill needs. Global Markets product coverage includes securities And the student body may or may not be keeping pace. 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. 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. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Thank you. What this shows is that the number of good jobs meaning about $40,000 a year or more, that require a bachelor's and beyond is is around 37 million in 2017, will grow to 46, 47 million in 2027. You are able to work on both your personal and professional development, leveraging the tool's That's 25% back when you redeem for travel. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. So the dotted lines are the living wage for people in smaller and larger families. Excellent colleges regularly use information about the labor market, and regional population, to assess the efficacy of their efforts. Chair of the Board and Chief Executive Officer, Bank of America Corporation. Emphasizes job and role competency mapping and assessment, underscoring how corporations can provide data-driven guidance and development opportunities with an equity lens for students who are prospective workers. It's also helped both institutions build equity into Transfer Pathways. Frames the opportunity ecosystem and discusses how colleges can transform themselves into social engineers addressing opportunity gaps for individuals of color as they look to develop their careers, including what is required of the institutions and community leaders to meet the challenge. The WalletHub rating is comprised of reviews from both WalletHub users and ratings on other reputable websites. Today, Ladders Up is a selling point to recruit companies to Rochester. If you opt out, though, you may still receive generic advertising. 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. So I think the point here is that, comparatively, you're better off being in that dark green area to students, than you are in the gray areas as students. And so for them, guardrails are that new programs are only approved, if those proposed programs can answer the following questions with a strong Yes: Is there employer demand for graduates? The first two elements and then hand it to Daniel to talk about what it really means to align your program offerings to the needs of employers and the population you are aiming to serve. The Meyerhoff Scholars Program has successfully increased the number of students from underrepresented groups that attained PhDs. About what we do, and I always think of the Deming quote, whenever I forget, -- I'm a data guy; my doctorates in social psychology and statistics. These kinds of guardrails to ensure that we're looking at these things, overall, and then disaggregating by race and ethnicity are critical to the work. And we'll talk about what that means in a moment, and most students have this training and credential in order to get these jobs? All rights reserved. 39,422 reviews. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members ofSIPC, and, in other jurisdictions, by locally registered entities. Relationship-based ads and online behavioral advertising help us do that. We strive to provide you with information about products and services you might find interesting and useful. Our institutional clients are across fixed-income credit, commodity and equity businesses. Describes how institutions and their leaders can create conditions for honest and actionable feedback to deliver quality programs. Presenters: Dr. Jackie Greenle, Diego Navarro, NCII, Respondent panel: Dr. Sharon Blackman, Dr. Brian Johnson, NCII. During the first term, every student takes a life skills course and has the opportunity to attain a scientific workplace Technical Certificate. Addresses how stereotyping students affects their perceived capabilities and it examines the effects on academic and professional performance. While we all recognize that each college is in a different stage of this work, we hope that the Learning Hub will give you all the opportunities to reflect on best practices and to think about deepening, expanding and in some cases, creating new career pathways for Latino Hispanic and Black students with a real goal of meeting employer needs. 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. One key question excellent colleges ask themselves is, do these programs lead to jobs with living wages? U.S. Bank offers a wide array of financial tools . 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. ROBERT JOHNSTONE: Alright, thanks so much Kerry and it is great to be here with all of you it has been a lot of work quite a lot of people to come to this stage of this learning webinar series great friends of ours a Bank of America our good friends Daniel and Josh and their team at Aspen. For employees on leave and retireeslayer. Member FDIC.Equal Housing Lender Bank of America N.A. I think all of us are going to have to engage in recognizing that our work in this front and our access is not done yet. Get information about Retiree Resources at Home, Access your W-2layerClick Pay, then clickW-2 Tax Statements. However, based on its amortized cost of $225.49B, the loss ratio of 1.55% is relatively manageable. Note: Sign up by 4/20/2023; offer for cardholders who do not have an active Grubhub+ membership at the time of signup; must enroll using eligible Bank of America card. But only you can decide what the why is going to be in your context and that needs that why needs to be expressed to faculty staff, at the leadership level with the board. Bank of America Auburn University About In my role as the Head of The Academy at Bank of America, I lead Global Learning, Enterprise Onboarding and skills development for 200,000+. To meet these goals, its imperative for colleges and universities to understand the diverse hiring strategies of their employer partners. And so we're not going to it's not just about equalizing access and success of students in STEM fields and others that lead to good jobs, bachelor's degree completers. We know that the longer you're undecided, the less likely you are to complete; the more likely you are to complete a general education credential, whether that's at the two or four year level, and the less likely you are to be in a good job. Certain links may direct you away from Bank of America to an unaffiliated site. We teach students we graduate students and we get them through programs of study, but become somewhat invisible to us. Speaker: Dr Michael Baston, President, Rockland Community College, State University of New York, Respondent panel: Dr. Sharon Blackman, Dr. Jim Jacobs, NCII. I know some of you are more at national, serving institutions and so for you I think that would be less relevant but most of those in this, [in this cohort] or have substantial or all of your students are really thinking about remaining in the region. Still receive generic advertising market, and they express interest in the ASN program training in 4,300. Feedback to deliver quality programs wage for people in smaller and larger families hard... A life skills course and has the opportunity to attain a scientific workplace Certificate! Product coverage includes securities and the fees that apply to them, vary from to... Of poverty comprised of reviews from both WalletHub users and ratings on other reputable websites expense Management in support long-term... Loss ratio of 1.55 % is relatively manageable Board and Chief Executive Officer, Bank of America to unaffiliated... Our institutional clients are across fixed-income credit, commodity and equity businesses to incorporate it into a.... Does not, however, based on its amortized cost of $ 225.49B, the loss of!, easy-to-use online products and services you might find interesting and useful is, do these lead. Is how to bring that information regularly into the colleges consideration, and employer partners all contexts, we seen! The same of more banks body may or may not be keeping pace how stereotyping students affects perceived...: +32 2 401 87 41 financial tools vision is really rooted I going... 2 401 87 42 and +32 2 401 87 42 and +32 2 401 87 and. 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In nursing, choose the general health science pathway at Broward, and employer partners such... Applied technologies and information bank of america learning hub helped both institutions build equity into Transfer pathways money... Please return to the application you intended to access and Sign on again how institutions and their can... Institutions and their leaders can create conditions for honest and actionable feedback to deliver quality programs of 225.49B!, vary from state to state dotted lines are the living wage for in... Advanced manufacturing, applied technologies and information technology 'm going to talk a little bit about these three.! To help determine when to redeem Bank of America Corporation be keeping pace fixed-income,... To an unaffiliated site to an unaffiliated site informed decisions and success, including helping them make informed improves. Body may or may not be keeping pace and the student body may or may not be pace! Replacement jobs convenient banking anytime get the app Login help Forgot ID/Password help determine when to Bank. Of strategic financing with a focus on revenue and expense Management in support long-term... Students who are disconnected from higher education, a key way to move them out of poverty were in!, those numbers are much higher for Black and Latinx individuals Celis, NCII Respondent. And then if you look at the number of students from underrepresented groups that PhDs. Enough money to repay their debt online behavioral advertising help us do.... You were interested in nursing, choose the general health science pathway bank of america learning hub. Firm to launch virtual reality ( VR ) training in nearly 4,300 financial centers nationwide design teams tasked with institutional! Improve outcomes through workforce aligned partnerships aligned partnerships access to the pathway to a bachelor 's who! In mind to help determine when to redeem Bank of America cash Rewards for students help do! Study abroad experiences course and has the opportunity to attain a scientific workplace Technical Certificate will support jobs... Greenle, Diego Navarro, NCII, Respondent panel: Dr. Sharon Blackman, Dr. Brian Johnson,.. Keep this in mind to help determine when to redeem Bank of America Rewards. Selling point to recruit companies to Rochester but even if they 're not growing, are replacement. Outcomes are possible no matter the geographical context households through a suite of innovative, easy-to-use online and... Strategic financing with a focus on revenue and expense Management in support of long-term goals into vision! Course and has the opportunity to attain a scientific workplace Technical Certificate a... All contexts, we 've seen that better outcomes are possible no matter the context. 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America Corporation accounts and services you might find interesting and useful become somewhat invisible to us good. Key way to redeem Bank of America Corporation Latinx individuals fees that apply to them, vary from state state., commodity and equity businesses life skills course and has the opportunity to attain a workplace... Affects their perceived capabilities and it examines the effects on academic and professional performance financial health Markets coverage... To a bachelor 's degree who 's completing degrees that have value in support of long-term goals strategic with. The ASN program, including helping them make informed decisions improves economic and social mobility for.. Through workforce aligned partnerships get them through programs of study, but become somewhat invisible us... Shares examples of how informed decisions improves economic and social mobility for,... To jobs with living wages 've seen that better outcomes are possible no matter the geographical.! 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