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English As 2nd Language -ESL


 Auburn Mountain Financial Education Services will enable consumers access to  ESL Financial, Insurance and Investment Planning. Over 30 million U.S. residents speak Spanish at home. Over 2 million U.S. residents speak Chinese at home. Financial Services Professionals with bilingual skills add value to all of us in the Financial Services industry.

English as a Second Language Capabilities
Traditionally, exam preparation included study methods that meet the needs and preferences of each individual, whether he or she wants a computer instruction, classroom setting, virtual classrooms, or books supported by exam simulation via CD-ROM or online. The population of Securities and Insurance test-takers are increasingly more diverse, with varied learning styles and a need for English as second language capabilities.

Common Translation Facility Is Needed
Auburn Mountain Financial Education Services goal is to become the leading source of English as a Second Language Tools for insurance and financial services institutions and individuals. We will do this through translation technology that will allow all content providers to couple to a common translation facility to provide content flow to financial services professionals with English as a second language challenges.

AuburnSpace will provide user-friendly translation service for licensing exam prep, continuing education, firm element, wealth management, financial planning, insurance designation and compliance management

Over the last few years, exam preparation providers for life and health insurance, property and casualty prelicensing exams and security licensing have converted their exam study materials to other languages. Yet they must take the actual exam in English. We feel this complicates the English as a Second Language issues and challenges that will affect the ESL test taker in the test room and in the workplace.

Classroom and Online ESL courses
Auburn Mountain Financial Education Services will provide access to Classroom and Online ESL courses as a prerequisite to undertaking industry and exam preparation courses. This beginners ESL course would be designed within a Financial Services context. Dual learning will take place. They student will learn terms within the Financial Services Industry as well as sharpen their English skills. The traditional ESL courses are general in nature. Auburn Mountain Financial Education Services will:

  1. Provide English as a Second Language -ESL Prelicensing, Licensing and Continuing Education solutions for Financial Services Professionals, Candidates, Recruiters and Managers.
  2. Provide a conflict free, product neutral environment where English as a Second Language ESL Financial Services Professionals can collaborate English as a Second Language -ESL consumers.
  3. Provide conflict free, product neutral, timely and updated financial Information that can help English as a Second Language -ESL consumers build, protect and manage their wealth.

English As A Second Language ESL Facility (Online and Physical Plant)

We will build our English As A Second Language Facility that utilizes online and people translators and interpreters.

  • A translator works with the written word, transferring text from a source language into a target language.
  • An interpreter works with the spoken word, transferring speech from a source language into a target language.

Human Centric not Software Centric
Our ESL Services will be human centric not software centric initially. Translation software is still evolving. It is used to get a gist or idea of what is being said. It is also used to translate large volumes of pages at one time. The translated text is then checked by human translators for accuracy. The experts say that it is at best 80% accurate. 

Example 
For example, a translation from English to Spanish may end up like this:

  • English:  We need more school spirit!  Spanish:  We need more school liquor!
  • English:  What is the price of the rooms?  Spanish:  What is the price of the quarters? (as in 25 cents)

Humans and Technology
Auburn Mountain Financial Education Services English As A Second Language -ESL Facility will use human translators with translation software for maximum efficiency.

Best Practices for Translators




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Jim Robinson posted on Thursday, July 21, 2011

Tags: Financial Literacy, Initiatives, Mentoring, ESL Tools, English as Second Language, Students with Disabilities, Faith Based Initiatives, Donations and Sponsors

Posted in: About Us

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The articles published here represent the personal views of the author(s), and not necessarily the views of any securities firm, insurance company, FINRA, SEC or organization with which he or she may be affiliated. All statements made in these articles are for general information only and are not intended to provide, nor should they be relied on as, legal or investment advice.  Readers must consult with their qualified investment, tax or legal advisors before relying upon any content contained herein. Statements made in these articles may be incorrect for your state or jurisdiction. Also keep in mind that at the time when you read such statements the underlying rules, regulations and/or decisions may no longer be controlling or persuasive as a matter of investment or insurance law or interpretation.
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