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Erste Group Junior Trainee Programme Yearbook 2010 – 2011

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<strong>Erste</strong> School of<br />

Banking and Finance<br />

Welcome to <strong>Erste</strong> School of Banking and<br />

Finance. As the learning hub of <strong>Erste</strong> <strong>Group</strong>,<br />

our mission is to increase the potential of<br />

every individual employee at every level, and<br />

to advance the <strong>Group</strong> as a whole by increasing<br />

capabilities, encouraging the exchange of<br />

ideas and providing opportunities for professional<br />

and personal growth.<br />

The core of our work is focused on building<br />

knowledge. We begin by making sure that the<br />

vast amount of knowledge already embedded<br />

in the <strong>Group</strong> is shared with others and put<br />

to good use. A majority of our curriculum is<br />

taught by <strong>Erste</strong> <strong>Group</strong> experts and practitioners<br />

from within our various business<br />

departments. In addition, we actively seek<br />

out knowledge from outside by connecting<br />

<strong>Erste</strong> <strong>Group</strong> to universities, experts and the<br />

best practices of other industries, thus accelerating<br />

<strong>Erste</strong> <strong>Group</strong>’s learning curve and<br />

business acumen.<br />

We believe the overarching goals of education<br />

should be to apply this knowledge toward<br />

action and to inspire new and better ways of<br />

doing business. On that basis, we believe that<br />

our ultimate mission is to serve our bank’s<br />

customers better by raising our standards of<br />

excellence, expertise and personal talent.<br />

To cultivate <strong>Group</strong> thinking and <strong>Group</strong> working,<br />

we also invest in expanding the <strong>Group</strong>’s<br />

roots in our markets. This motivates us to<br />

foster strong business networks throughout<br />

<strong>Erste</strong> <strong>Group</strong> and to get to know each of our<br />

colleagues in all <strong>Group</strong> locations.<br />

At all times, we seek to promote the diverse<br />

learning styles of all participants, as well as<br />

the diverse teaching styles of our lecturers.<br />

To accomplish this, we aim to expand the<br />

classical methods of teaching by adhering to<br />

several key didactic principles:<br />

• Participants and lecturers are peers,<br />

working at the same level. The traditional<br />

hierarchy between knowledgeable teacher<br />

and unknowing student is avoided in favour<br />

of an open, mutual learning endeavour in<br />

which both sides have ideas and experiences<br />

to bring to the table so they can learn<br />

from each other.<br />

• Learning is transdisciplinary. We encourage<br />

lateral thinking and being open to the<br />

best ideas. We seek to inspire new ways of<br />

improving our business through creativity<br />

and thinking outside the box.<br />

• Content is offered using both Brick and<br />

Click methodologies, i.e., via physical<br />

locations where people meet and learn in<br />

person, as well as via online technologies<br />

and tools so learning can be accessed at<br />

any time.<br />

• Our entire curriculum is designed to be<br />

state-of-the-art in subject expertise, and<br />

our teaching is conducted according to the<br />

highest academic standards.<br />

7

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