Virginia Bankers School of Bank Management
The premiere, multidimensional educational experience in banking
Through the use of highly qualified instructors and a challenging curriculum, the Virginia Bankers School of Bank Management is designed to provide a multidimensional educational experience in banking. Through completion of three one-week summer sessions and eight home study problems, students will develop a range of skills that should both enhance current performance and qualify them as candidates for advancement.
The School is held at the University of Virginia’s Darden School of Business. The University, with its wide respect in the national business community and beautiful grounds designed by Thomas Jefferson, provides the ideal setting for this learning experience.
Employing lectures, case studies, home study problems and peer study groups, the School provides a vehicle for each student to experience comprehensive learning.
The faculty is a blend of the best from the banking, professional and academic worlds.
For admission, an applicant must:
- be employed by a VBA member bank;
- have a college degree and two years banking experience, or a high school diploma and five years banking experience;
- have successfully completed at least one course in basic accounting; and
- be recommended by the bank’s CEO or a senior officer.
Enrollment for the first-year class is limited to 72 students.
Applications will be considered by the School Admissions Committee using the above criteria. Applicants not admitted will be pre-approved or encouraged to apply the next year assuming they meet the admission requirements. Registration materials and an invoice for tuition will be sent to applicants after acceptance into the school.
Accounting Course Requirement
The VBA will be offering training that will satisfy the requirement for students who need the accounting course. The course will be offered, virtually, on July 12 from 10:00 a.m. – 2:00 p.m. The cost of the Accounting Primer is $395.
In some instances, the Admissions Committee may recommend/require an accounting course be taken, even if the student has completed a course in the past as a part of admission. If there is space available, all incoming first-year students are welcome if they wish to have an accounting refresher.
2022 School of Bank Management Application
The 2022 application is now available for submission and can be accessed here.
Upon completion, the VBA will reach out to the applicant’s recommender to submit the letter of recommendation.
Applications, letters of recommendation and application fee are all due by March 31, 2022.
If you have any questions about the program, please contact Kristen Reid at email@example.com.
Tuition, Room and Board
Tuition for the 2022 Bank School resident session is $1,375 and will be due for all students by June 30, 2022. Registration information will be sent out to all students in early May.
Students will be responsible for making and paying for their hotel reservations. The VBA has negotiated blocks at the Omni Charlottesville, Residence Inn and Courtyard Marriott for a room rate of $149/night (+ applicable taxes and fees). Incoming students will receive information on how to make their reservation with their registration materials in early May.
Curriculum, Home Study Problems & Bank Exec
The curriculum is designed to provide students with a broad range of skills and knowledge, including:
- Specific skills in the functional areas of banking
- Advanced commercial lending and asset liability management
- Communications and marketing strategies
- Ability to solve problems, work in teams and make decisions in a managerial setting
- An understanding of the changes in payments systems and technology
- The importance of risk management
- An understanding of organizational behavior
Home Study Cases and Problems
Between the on-campus sessions, Bank School students complete eight home study problems, four after each of the first two years. The home study problems reinforce many of the concepts learned during the on-campus sessions and give participants practical and hands-on analysis of real-world banking situations. Each of the assignments requires research and the preparation of a paper based on the research.
Timely and accurate completion of the home study problems – with a passing grade – is required for graduation from the school. In accordance with our Bank School Honor Code, students must work independently on all home study problems.
Along with challenging courses, the school also offers a BankExec Simulation. This phase of the school allows third-year students the opportunity to make decisions acting as senior officers of a bank. Working in teams and in a virtual environment, students make operating, lending and pricing decisions for eight fiscal quarters that influence bank profitability and bank stock prices. At the end of the week, each team will also prepare a verbal presentation.
Please contact Kristen Reid (804) 819-4731 with questions regarding deferral or cancellation.