Web-Based Training in Banking and Finance: Requirements and Strategies
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Klemme, M. & Hasebrook, J. (1999). Web-Based Training in Banking and Finance: Requirements and Strategies. In Proceedings of WebNet World Conference on the WWW and Internet 1999 (pp. 620-625). Chesapeake, VA: AACE.
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Due to the high rate of innovations in products and procedures traditional means of education are not adequate life-long learning of the banking staff. The short life time of modern financial products requires immediate mar-keting and therefore quick and complete education of the personnel involved in selling this product. German banks are expanding beyond their traditional market place. Therefore, the marketplace for educa-tional services in the financial sector will be European and global, with great increases in the quality of education available to the individual at lower real costs per capita than conventional education today. Today, in-depth bank-ing knowledge is needed outside the core financial industry (the so-called near- and non-banks) as well. In order to implement complex financial transaction systems the programmers of financial software need to be trained the subject matter.
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