Mission and Objectives

Institutional Mission Statement

The mission of the New England College of Finance is to provide industry-focused, high quality education and training for students interested in careers in financial services through degree and career development programs that help them achieve success in their personal and professional lives.

Educational Objectives

Goal One
To provide a foundation of general education through associate´s degrees, certificates, seminars, and customized training programs that build basic competency for sound decision making.

Objectives

  • To provide the foundation of general education to support an understanding and comprehension of concepts of college level English and mathematics.
  • To deliver courses that enhance one´s ability to analyze the major economic, political, social, and intellectual influences affecting the development of modern civilization.
  • To provide opportunities across curriculum for learners to apply and master verbal and written communication skills essential to the student´s daily environment.
  • To promote a general understanding of and solution to environmental dilemmas and problems.

Goal Two
To provide specialized bank and financial services education through associates degree concentrations, professional development and college foundation certificates, seminars and customized training programs that develop specific competencies within the student´s areas of expertise.

Objectives

  • To provide concentration choices within the banking, financial services, and investments fields.
  • To offer degree, certificate, and seminar formats that meet the educational needs of adult learners entering the workforce, as well as those with advanced degrees or industry experience.
  • To offer high quality curriculum taught by industry practitioners.

Goal Three
To provide options for additional personal and professional growth through New England College of Finance´s program or through partnership programs and articulation agreements.

Objectives

  • To establish partnerships or articulation agreements with educational institutions whose mission statement and program offerings align with NECF´s mission and program offerings.

Goal Four
To admit students whose interests, goals, and abilities are congruent with the mission of the college; and, once the students are admitted, to effectively utilize the full resources of the college to facilitate student learning and to reduce academic, cultural, linguistic, social, psychological, and financial barriers to their success.

Objectives

  • To admit sufficient numbers of students who are adequately advised, academically qualified, and able to benefit from the college´s academic programs.
  • To provide a range of services, including assistance in acquiring alternative loans, academic advising, tutoring, and advising, that will effectively help students resolve problems that may interfere with their academic success.
  • To maintain retention and cohort survival rates that are equal to or higher than those of comparable institutions.

Goal Five
To provide a high quality learning experience both on ground and online that is easily accessible to a diverse population.

Objectives

  • To offer a variety of courses each term in an online or on ground format to ensure all students can complete their programs within allotted time frames.
  • To ensure curriculum is congruent between on ground and online courses.
  • To ensure on ground and online faculty are credentialed and qualified in their field of study.

Goal Six
To maintain educational integrity coupled with financial stability in the management of NECF; to provide governance and administrative structures and services that assure overall institutional effectiveness, strategic planning, sound management of resources, and institutional renewal.

Objectives

  • To maintain institutional financial health and renewal by closely monitoring expenditures and preparing strategic plans and budgets based on the results of assessment activities.
  • To assure that administrators and staff are sufficient in number and have appropriate qualifications to effectively discharge their responsibilities; to assure that administrators and staff continue to develop in their professions.
  • To maintain an active and diverse Board of Trustees that effectively carries out the governance responsibilities designated in its Bylaws.

Core Competencies
NECF strives to accomplish its mission by providing a well-rounded curriculum where students can gain competencies in general education as well as core business courses and areas of Concentration. Upon completion of the Associate´s Degree Program, NECF students should demonstrate key core competencies, including:

  • Develop and apply leadership skills and principles of organizational learning in their work environment
  • Communicate effectively in writing and speaking
  • Apply critical thinking and information literacy in analyzing and assessing business issues
  • Develop an awareness of global business issues
  • Develop and apply ethical standards and behavior in their personal and business behavior and demonstrate corporate social responsibility
  • Identify and analyze the major economic, political, social, and intellectual influences affecting the development of business and government
  • Assess the implication of environmental issues to the business setting and apply solutions
  • Demonstrate a comprehension of financial services fundamentals by applying them to industry-specific concentrations
  • Apply the concepts of college-level mathematics in their professional work