New England College of Finance Offers Online Degree Program to the Financial Services Industry
New England College of Finance
(NECF), a not-for-profit educational organization serving all segments
of the financial services industry, today announced it is offering a
first-of-its-kind online accredited degree program for employees of
its Member and Partner companies. These include some of the most
prominent firms in the industry including Fleet, State Street,
Fidelity, and Liberty Mutual.
Powered by eCollegeSM [Nasdaq: ECLG], the leading provider of
technology and services for online higher education programs, NECF
Online will enable NECF to achieve its global service plans, while
allowing financial professionals to attend its programs at any time,
from anywhere.
"The financial services industry is becoming increasingly complex, time-sensitive
and global", said Robert Regan, president of NECF. "Many of our participating
companies have large distributed workforces where time and distance are major
barriers to access. Using asynchronous technology, NECF Online will allow our
students to overcome these barriers and attend class regardless of location,
transportation constraints, or other personal circumstances. This is an extremely
important initiative for our industry." Regan added, "eCollege has
developed and delivered many of the most successful online programs in the country,
and we are pleased to work with them in this critical extension of our capabilities."
NECF has also formed innovative partnerships with leading colleges and universities
in the area, and all online credits will transfer into baccalaureate programs
at Boston University, Providence College, University of Hartford, Bentley College,
Assumption College, Sacred Heart University, Northeastern University, and the
University System of New Hampshire. NECF is also exploring opportunities to
form online partnerships at the graduate level. "NECF is a great example
of companies coming together to create an avenue for professional development
and career advancement in their industry," said Oakleigh Thorne, chairman
and CEO of eCollege. "Its programmatic approach of offering online courses
relevant to their students’ current and prospective career paths will not only
help students advance professionally, but will also give them experience with
today’s leading technology applications."
For registration information, please visit http://www.necfonline.org,
or contact NECF eLearning Program Manager Robyn Barry at (617) 951-2350 or r.barry@finance.edu
.
About New England College of Finance
NECF is a not-for-profit educational organization serving all segments of the
financial services industry throughout the region. Founded in Boston in 1909
as a banking institute, NECF achieved national prominence in the late seventies
and early eighties when it became recognized as an accredited, degree-granting
college – the only organization of its kind in America ever to achieve full
collegiate status. In recent years, NECF broadened its markets and products
to include all financial service companies, and now represents more than 500
Member and Partner companies in the banking, insurance, and mutual fund arenas.
NECF is also a recent recipient of a prestigious eLearning grant from the Alfred
P. Sloan Foundation, and has been selected by Sloan to represent the financial
services industry on its Asynchronous Learning Network, a national consortium
of colleges and universities utilizing any time, anywhere technology for workforce
development training.
About eCollege
eCollege [Nasdaq: ECLG] is the leading eLearning technology and services provider
to educational markets. eCollege designs, builds and supports high quality online
degree, certificate/diploma and professional development programs for colleges,
universities, school districts and state departments of education. eCollege’s
clients include such institutions as National University; University of Massachusetts
Amherst; University of Colorado; Drexel University; DeVry University, Inc.;
New England College of Finance; and the Kentucky Virtual High School. The company
was founded in 1996 and is headquartered in Denver. For more information, visit
www.eCollege.com. This news release contains
"forward-looking statements" within the meaning of the securities
laws. These statements are based on management’s current expectations and are
subject to a number of uncertainties and risks.
Actual results may differ materially. Important factors that could cause actual
results to differ materially from estimates or projections contained in the
forward-looking statements include, but are not limited to, our customers’ ability
to achieve successful online programs; our network infrastructure and computer
systems failing; substantial and increasing competition in the online education
market; and such other factors as are discussed in our most recent Form 10-K
Annual Report filed with the U.S. Securities and Exchange Commission ("SEC"),
which you are encouraged to review in connection with this release. We believe
that these forward-looking statements are reasonable, however, you should not
place undue reliance on forward-looking statements, which are based on current
expectations and speak only as of the date of this release. We are not obligated
to publicly release any revisions to forward-looking statements to reflect events
after the date of this release.
eCollege and eCollege AU are service marks of eCollege. All
other trademarks and service marks or registered trademarks or service marks
are the property of their respective owners.