Commonwealth’s President, Cindy Brown, was recently interviewed by the Delaware Business Times regarding the Trust and Wealth Management Minor at the University of Delaware’s Alfred Lerner College of Business and Economics. The concept of the new minor grew out of discussions in the Delaware Bankers Association 18 months ago designed to address the talent deficit in the trust industry. Cindy acknowledged that when trust companies such as Commonwealth Trust Company are looking for new talent, they traditionally look to competitors.
The trust and wealth management minor is set to debut in 2017 as a complement to the college’s Finance and Accounting degrees. Though the University of Delaware faculty will direct the individual courses, members from the trust industry will participate on an advisory board to review the curriculum and provide feedback. They will also serve as guest speakers and could participate in job fairs. The students who participate in the new minor will be given the opportunity to have mentors and internships in the field. The internships will allow students to determine if they truly have an interest in the field, and if they do, offer them a real experience they can carry with them into the job market. To read the full article from the Delaware Business Times, click here.