Sponsorship from MSB Banking for Core Banking software: A Breakthrough in the training of Faculty of Finance and Banking

Vietnam Maritime Commercial Joint Stock Bank (MSB) and Dai Nam University have signed a ​​strategic cooperation with the aim of providing Core Banking software for students. This collaboration represents a notable advancement in the education of Faculty of Finance - Banking and Financial Technology (Fintech) as the university becomes the only institution in Vietnam where students may have hands-on experience with actual Core Banking software already in operation.

What do students gain from learning with Core Banking software?

Core Banking is a software system that manages the core transactions and financial services of a bank, automating and optimizing banking processes. It is considered the main nucleus, the cognitive center, and the vital core of the overall banking information system.

Students of the Faculty of Finance and Banking gain numerous advantages when utilizing Core Banking software for their learning:

• Practical Knowledge: Students gain comprehensive comprehension of the functioning of banking operations and management, including transaction processing, account management, and performing other financial services.

• Professional Skills: Students will be proficient in Core Banking software will be developed, enabling them to perform banking-related tasks professionally and efficiently.

• Career Opportunities: Proficiency in Core Banking software is a significant advantage when applying for positions in the Finance and Banking industry, enhancing their competitiveness in the job market.

• Technology Application: Students will get to know and familiarize themselves with advanced technologies in the banking sector, making it easier to adapt and apply them in their future jobs.

• Analytical Thinking, Risk Management, and Decision Making based on real data.

Key Points of the Agreement:

The partnership between Dai Nam University and MSB Bank yields concrete advantages for all three entities involved: the University, the Business, and the Students. 

To be more precise: 

• MSB provides sponsorship for Core Banking software, enabling students to utilize contemporary banking technology and improve their practical abilities. 

• Internship program: Creating educational pathways and welcoming interns for training. 

• Job opportunities: Giving preference to students who exhibit a positive attitude and aptitude throughout their internships when selecting contracts. 

• Training program feedback: MSB participates in developing practical training programs and content. 

• Collaboration in scientific research and application of technology in practice. 

• Support for lecturers: Offering chances for lecturers to pursue further education at MSB and develop their professional expertise. 

• Awarding scholarships to disadvantaged and  academically accomplished students. 

• Dispatching educational personnel and coordinating tailored seminars on Finance and Banking. 

• Employment connection program: Coordinating the implementation of various initiatives and events aimed at facilitating the link between job seekers and employers.

At the ceremony, Associate Professor Pham Van Hong, Rector of Dai Nam University, stated: "MSB's cooperation enables students to access modern technologies and improve practical skills, so better preparing them for their future careers.”

Ms. Nguyen Thi My Hanh, CEO of MSB Retail Bank, shared: "For students, this cooperation generates various chances for learning and growth that help to contribute exceptional human resources for the banking and finance sectors".

This strategic collaboration underscores Dai Nam University's strong commitment to enhancing education quality and establishing a contemporary, professional learning environment for students. This development represents a significant advancement, creating several academic and employment prospects for students, while solidifying the positions of both schools in Vietnam's Education and Finance-Banking industries.