The University of Southern Queensland (USQ) and Heritage Bank have teamed up to provide Bank staff with the opportunity to continue on to university study through a unique study enrolment program.
The USQ-Heritage Pathways Program was formalised yesterday (Monday, 3 December) when USQ and Heritage executives signed a formal Memorandum of Understanding (MOU) which will build on the strong links already established between two of Toowoomba’s biggest employers.
Vice-Chancellor Professor Jan Thomas said USQ had put in place a number of course entry pathways for Heritage staff who had completed in-house training programs or who had attained specialist experience during their years of Bank service.
The Pathways Program allows Heritage staff to take up university study into USQ’s undergraduate and postgraduate courses offered by the Faculty of Business and Law.
“This is an exciting development for both USQ and industry generally as it opens up an articulation pathway for highly experienced people to gain recognition for prior learning,” Professor Thomas said.
“Overall, the memorandum of understanding between two of Toowoomba’s strongest institutions will be highly beneficial for both parties going forward.”
“Heritage Bank is Australia’s largest mutual bank with approximately $8 billion in assets under management and with USQ’s online and face to face study programs promoting linkages between the two organisations is a natural progression to the close relationship we already enjoy,” Professor Thomas said.
Under the Program, Bank staff who complete Certificate IV qualifications across Banking Services, Credit Management and Frontline Management will be eligible to claim up to six course credits into the Bachelor of Business degree while those with Diploma qualifications can claim eight course credits or a full 12 months from the full time study load.
Heritage Bank senior management staff with 10 years or more experience will be able to apply for recognised prior learning (RPL) for up to six MBA courses.
Heritage CEO Mr John Minz said the partnership with USQ offered exciting opportunities to staff.
“This is a fantastic addition to the range of benefits that make Heritage such a great place to work,” Mr Minz said.
“Our People first philosophy is not just about the way we treat customers and community, but also about the benefits and working environment we provide to our employees
“The Pathways Program an excellent way for staff members to enhance their skills and add to their qualifications. We are proud that we are able to offer this kind of benefit that very few other organisations make available.
“We’re also delighted to work in partnership with USQ on this ground-breaking initiative, which is one of the first of its kind for financial institutions around the country.”
Mr Minz is a member of the Faculty of Business & Law advisory committee.
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