The Professional Risk Managers’ International Association (PRMIA), who certify the holders of the PRM credential, have built strong links with a group of well-known business schools, including the ICMA Centre, through the PRMIA Institute, where best practice curricula for graduate programs in risk management are being developed. Carol Alexander, the ICMA Centre’s research director is also chair of the Academic Advisory Council (AAC) of the PRMIA Institute. The AAC consists of internationally renowned academics that are dedicated to global outreach and the highest educational standards. In addition to the ICMA Centre, members of the AAC come from the University of California at Berkeley Haas School of Business, Hong Kong University of Science and Technology Business School, Groupe HEC Business School in Paris, National University of Singapore Centre for Financial Engineering, University of Toronto Risk Lab, Technical University of Munich HVB-Institute for Mathematical Finance, Macquarie University Applied Finance Centre and the University of Michigan College of Engineering. Representatives from each institution are engaged in supporting the risk management profession through PRMIA.
“The MSc in Financial Risk Management is bound to appeal to current and future PRMIA members. Membership is rapidly expanding so in future the ICMA Centre plans to offer both distance learning and flexible learning versions of the degree. Students now recognize the benefit of adding professional qualifications to their academic degrees and we have two other new Masters degrees with this facility: the MSc in Investment Management (linked to the CFA) and the MSc in Compliance and Regulation, linked to our NASD qualification,“ said Professor Carol Alexander, Chair of Risk Management and Head of Research at the ICMA Centre and Chair of the Academic Advisory Council for PRMIA
“PRMIA places great value on the contributions that the ICMA Centre makes to raising the standards of the risk management practice through its leading degree programs. We believe that our academic partners contribute substantially to the betterment of risk management practices worldwide through such initiatives,” said David R Koenig, Executive Director and Immediate Past Chair, Board of Directors, of the Professional Risk Managers’ International Association (PRMIA)
‘The ICMA Centre has been leading the world in establishing academic excellence in financial risk management research and education. Our success is based on the integration of applied finance theory and industry specific knowledge. PRMIA, with its forward looking approach to best practice in risk management, offers an ideal partner to complement and enhance the new masters programme,” said Professor John Board, Director, ICMA Centre.
About the ICMA Centre
The ICMA centre has an international reputation for providing quality undergraduate, postgraduate and professional programs tailored to the capital markets industry. Established in 1991 with funding provided by the International Capital Market Association (ICMA) in Zurich, the Centre is housed in a purpose-built modernist building with state-of-the-art facilities including two dealing rooms using software similar to those found in major investment banks. Due to the success of the Centre and growing demand for their programs from a worldwide audience ICMA are investing a further £5million expansion to the building which will include an additional 50 seat dealing room, 150 seat lecture theatre as well as new seminar rooms and dedicated research area. The new building is expected to be open for students at the start of the 2008 academic session.
For more information regarding the programs at the ICMA Centre, please contact Samantha Heslop, Admissions Officer (s.heslop@icmacentre.rdg.ac.uk) or visit www.icmacentre.ac.uk.
About PRMIA and the PRMIA Institute
PRMIA is the Professional Risk Managers’ International Association. Formed in January 2002, PRMIA is the premier meeting place of the risk profession with more than 60 chapters around the world and over 33,000 members from more than 165 countries. A non-profit, member-led association of professionals, PRMIA is dedicated to advancing the standards of the profession worldwide through the free exchange of ideas. PRMIA offers the only globally endorsed Professional Risk Manager (PRM) certification program, pursued by over 1,600 active candidates from more than 85 countries, more than any other risk certification program. More information can be found at www.PRMIA.org.
The PRMIA Institute is the premier learning place of the risk profession. It is a non-profit corporation formed to serve the academic, scientific and charitable mission of PRMIA. The PRMIA Institute partners with leading university programs around the world to develop best-practice curricula for graduate level study in risk management and financial mathematics/engineering, classroom and online educational programs for working professionals, financial support of scholarly work, publications like the Professional Risk Managers’ Handbook and scholarships to support the study of risk management and financial mathematics/engineering among lower-income individuals. More information can be found at http://prmia.org/INDEX/institute01/.
