BANKING COURSE PLANNED

In an attempt to bridge over the gap between theoretical training and practical business needs, the National City Bank of New York has arranged a practical course of education for foreign banking commerce. The bank plans to employ a limited number of college men each year from Harvard, Yale, Princeton. New York University, Columbia, Cornell, and Pennsylvania. In addition arrangement is contemplated by which the plan will be extended to certain western institutions as well.

The plan, as now arranged, is as follows: Each year the National Bank will employ two or three students selected by the universities for one year's practical training in banking during their college course. This training will be given for two summer vacations at the end of the Sophomore and Junior years and in the half-year following graduation. Only those students who have completed two years, or the equivalent, of their college course and graduates especially qualified for banking may be selected and recommended by the universities.

Each man accepted by the National Bank will pursue specified courses of study, such as banking, foreign exchanges, credits, economics, commercial geography, and courses in either Spanish, French, German, or Portuguese.

The National Bank agrees to pay the student $50 a month for the first twelve months in its employ, with the opportunity of a permanent position at the end of that time. The National Bank further agrees to pay a sum not exceeding $150 for railroad fare to and from the university. This arrangement applies to both the Business School and the undergraduate body.

Further information may be obtained from Professor O. M. W. Sprague, 32 Bates street.