Following The Courant's reporting on Connecticut's faltering growth in
high-paying jobs [Business section, Sept. 10, "Dim View: State Keeps
Losing Ground"], the announcement that Royal Bank of Scotland is
expanding its operations in Fairfield County is encouraging [Business
section, Sept. 15, "Banks' Move May Bring Hundreds Of Jobs To State"].
More sobering is the reality that Connecticut will struggle to come up
with enough workers to meet the needs of a sophisticated operation like
RBS - people with advanced quantitative and finance skills combined
with programming skills.
I am an executive search consultant. I recently contacted Columbia
University's graduate program in financial engineering on behalf of a
New York hedge fund that was interested in hiring a person with
experience in building complex computer models. I noted that among its
students were almost no Americans. Graduates of this program head
toward six-figure jobs such as those coming to Stamford with RBS.
Connecticut high school and college students who choose rigorous math
and computer courses may eventually qualify for programs like
Columbia's - if they will apply.
Steven Delano, Marlborough
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