SNHU and Fidelity Create Workforce Development Partnership

Thursday, February 02, 2006
SNHU Communications Office

FOR IMMEDIATE RELEASE


Contact:
Gregg Mazzola                                                                     
Director of Communications                                                                      

Southern New Hampshire University                                                       

(603) 629-4649                                                          
g.mazzola@snhu.edu                                                               

Fidelity and SNHU Create Strategic Workforce Development Partnership
Alliance Kicks Off with Feb. 13 Event

Manchester, N.H. (Feb. 2, 2006) – Fidelity Investments and the School of Business of Southern New Hampshire University (SNHU) have announced the formation of a strategic work-force development partnership that will assist Fidelity in recruitment efforts, particularly for its Merrimack Regional Center. This initiative will help the School of Business to better prepare and position its graduates for rewarding career opportunities in the financial services industry.  

“Fidelity and SNHU have a solid history of working together on a variety of programs and projects,” said Dr. Martin Bradley, dean of the School of Business. “Over the past year, we have been working to formalize a strategy that will fully leverage our successes and bring our relationship to the next level.” 

“With a number of successful initiatives already in place, we knew there was even more we could do together,” said Lisa Lohnes, vice president of Staffing for Fidelity. “We’ve had very good recruiting success at SNHU, but the growth of our Merrimack Region has required us to become even more strategic about the way we do our college relations work.” 

As one of New Hampshire’s largest employers with more than 4,900 employees in Merrimack, Fidelity has a history of filling between 500 and 1000 jobs at its Merrimack campus each year.  SNHU’s School of Business proposed a series of signature networking events to introduce Fidelity business leaders and hiring managers to its top business students.  Three events will take place in March and April, providing opportunities for a select group of students to learn about the more than 40 Fidelity business units located in Merrimack
                                                               
 “In addition to talking with students about specific internships and job opportunities, we also need to strengthen our overall employer brand in Southern New Hampshire,” said Lohnes. “Too many people still think of our firm only as the Boston-based mutual fund company.  There is less awareness of the nearly 5,000 professional finance, customer service and technology positions we have right here in Merrimack.  SNHU took the time to understand our needs and was quick to offer creative solutions.”

The spring 2006 semester marked the beginning of another unique partnership at SNHU’s Center for Financial Studies. A new SNHU elective course prepares students to write the National Association of Securities Dealers Series 7 Registered Representative exam. The Series 7 credential is necessary for many jobs in the financial services industry, including financial representative positions at Fidelity. Training for the Series 7 is typically provided through an employer, rather than a college or university. Fidelity has demonstrated its commitment to the program by lending specialty curriculum materials and Fidelity training professionals to assist with instruction.  The company has also agreed to give priority employment consideration to qualified students who successfully complete the Series 7 preparation course at SNHU.  A Series 7 Program kickoff event at SNHU’s Center for Financial Studies will take place on Feb. 13 at 5:30 p.m.

“Students who participate in the spring 2006 Series 7 course will enter the workforce with a competitive edge over other college and university graduates pursuing careers in the financial services industry,” said SNHU Professor and Center for Financial Studies Director David Fehr. 

Fidelity provided financial support for the creation of SNHU’s Center for Financial Studies, an academic securities trading room on campus, and has provided further support for programs offered there.  SNHU and Fidelity support the Academy of Finance program, which prepares high school students for enrollment in college-level accounting and finance programs.  And, Fidelity managers and employees are regularly invited to provide guest lectures or participate in panel discussions at SNHU’s Manchester campus. More than 300 SNHU alums currently work at Fidelity’s Merrimack Regional Center. 

Please go to http://www.snhu.edu/ for additional information about SNHU’s School of Business.

Please go to www.fidelity.com/jobs for more information on career opportunities at Fidelity’s Merrimack, N.H., Regional Center.

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