When viewing the “What’s New, What’s Updated” section on L&D Connect’s Professional Development > Courseware page, some courses are listed with a “LIL” or “PS” abbreviation. Those denoted with an abbreviation signify:
- LIL = Leadership Innovation Library (exclusive to clients who subscribe to the Leadership Innovation Library)
- PS = Professional Skills Library (exclusive to clients who subscribe to the Professional Skills Library)
Contact your relationship manager to learn more about these valuable courses, including pricing information and any other questions you may have.
BAI’s course codes are structured as:
- 20000 series – BAI’s legacy courseware
- 30000 series – BAI’s newer courseware
- 4000 series – Microlearning
- 50000 series – Professional Skills
- 70000 series – Board of Directors
- 80000 series – Leadership Innovation Library
Contact your relationship manager to learn more about the professional skills, board of directors, or leadership innovation library.
Mini-courses serve as refreshers for seasoned employees, or supplemental targeted training for regulatory changes or hot topics. They are approximately 5 minutes in length, and include video, printable takeaways, and some interactivity. They can be assigned to employees who already have advanced knowledge of a regulation, as refreshers throughout the year, or when a regulatory change occurs and you don’t want everyone to have retake an entire course. With a few exceptions, mini-courses always contain a course code beginning with “4.”
Read more about microlearning here.
BAI uses BCMN to distinguish which library courses reside in:
- B = Banking Series
- C = Credit Union Series
- M = Mortgage Series
- N = Nonbank Series
Note: BAI’s legacy courses (course codes beginning with “2”) are an exception to this rule and do no contain a “B” for the banking series courses. Additionally, in the “What’s New, What’s Updated” section on L&D Connect, if a letter is not added to the end of a course code the update described applies to all versions (BCM and N).
BAI offers a widely popular “Fast Track” option for experienced learners in all of its newer courseware (course codes beginning with “3”) that are longer than 30 minutes. The option to choose the “Full Course” or “Fast Track” is located at the beginning of courses for users.
Tip: Run the Fast Track Report in the BAI Learning Manager to see which of your users have chosen the the fast track option vs. the full course.
BAI distinguishes its Essential and Comprehensive courseware as:
- “Essentials” – an “overview” of a regulation. Appropriate for new hires, yearly refreshers, or “all staff” assignments. These courses are generally 30 minutes or less.
- “Comprehensive” – an “in-depth” deep-dive of a regulation. Intended for compliance officers, managers, and individuals who need a deep knowledge of a regulation. These courses are generally 30 minutes or longer.
Example: “BSA and AML: Essentials” (30502) and “BSA and AML: Comprehensive” (30501)
Audio information in online courses serves learners best when it complements—rather than reiterates verbatim—ideas from the printed text. This conclusion is strongly supported by work conducted by multimedia education researchers Richard Mayer and Patricia Clark, as well as others.
For this reason, BAI’s courses use audio selectively to emphasize key concepts and learning goals of a course. Short, focused audio segments are interspersed throughout courses in locations where they reinforce critical information from the main text.
BAI has a very thorough update and review process. Our content development team monitors different regulatory agencies, including the CFPB, Fed, FDIC, NCUA, the IRS, and FinCEN, and meets to do a weekly review of updates and clarifications that affect our courseware. Each new update that comes out – Proposed Rule, Final Rule, Guidance, Announcement, etc. – is individually reviewed. During this process, we review the Federal Register (or agency website, CFR, etc.) and determine which of our courses, if any, will be affected by these changes. Based on these findings, we make additions to our project plans based on the comments due, effective, and mandatory dates of the affected regulations.
With these changes, we make the necessary updates to our existing courseware, or develop new courseware when the situation demands it. We work closely with our experts to ensure that our courses accurately reflect changes to the regulations. Based on their input, our content team breaks this information down into digestible language, and creates real-life scenarios for different job categories based on updated information. We then update Course Content, Fast Tracks, Pretests, Job Aids and Comprehension Tests to ensure that the content of the update is truly absorbed by the user – not just a chunk of information shoe-horned into the course.
Once regulatory updates have undergone our extensive quality assurance process, they are released to our clients at least 90 days before mandatory compliance dates (when possible).