What MBAs Romanian banks invest in

Banca Transilvania, a top-ten Romanian-controlled bank, with over 6,000 employees, is one of the employers who have traditionally invested in training their management teams through MBA or Executive MBA programmes. The bank has a programme of training managers who come from within the bank, granting funding for employees that have reached a point in their career where the MBA is the best solution for their professional development.

"We currently have over 25 managers and specialists who graduated from or are pursuing an MBA programme, benefitting from significant sponsorship from the bank, both financial and in terms of the time dedicated to the MBA," says Nevenca Doca, executive HR manager of Banca Transilvania.

The advantage of the investment made by the company in people with potential is that they seldom decide to leave an employer who paid for an MBA.
But MBA and EMBA programmes are not the only option that employers go for. Within BRD-Société Générale, which has over 9,200 employees on the Romanian market, each employee last year attended an average five-day training programme, paid for by the bank.

"As for management training, we launched integrated training programmes, adapted to suit each management level. This year we have allocated around 25% of our overall training budget for management training," says Adela Jansen, executive HR manager within BRD-Groupe Société Générale.