Aldermore Asset Finance has developed links with Aberystwyth University School of Management and Business.
This comes after recent exchange trips between management of the bank and university undergraduates.
George Ashworth (pictured, right), managing director of Aldermore Asset Finance, gave a talk entitled ‘Successful Business in Difficult Times’ to Aberystwyth students as part of the University’s Distinguished Alumni lecture series.
Following his presentation, teams of students were invited to submit solutions to a business challenge set by Ashworth and the winning team of Nathan Mears, Alexandra Gencheva, Xiang Li and Helen Froelich spent a day experiencing the real life challenges of running a business when they visited Aldermore Bank’s Asset Finance Centre in Reading.
Ashworth said: “Organisations such as Aldermore can benefit from the cutting-edge research and expertise that is available within UK universities. We’re also keen to tap-into the rich vein of talent being produced by such institutions – I have been really impressed by the quality of students I have met, who displayed an excellent understanding of business issues and of the current economic situation in which businesses find themselves.”
Aldermore Bank is planning to attend the university’s employment fair in November and is also working on a joint project to develop advanced decisioning algorithms to enhance its lending systems.
Steve McGuire (pictured, left), professor of Management and director of the Centre for International Business and Public Policy at the Aberystwyth University School of Management and Business, added: “Aberystwyth University is delighted to have forged links with one of the UK’s new generation of banks. George Ashworth, a graduate of the University, has considerable knowledge and experience that he’s willing to share with our students, which helps bring the theory of management to life.
“On average more than 70 students are chasing each graduate job opportunity in the UK and links with potential employers are therefore critically important to educational institutions.”