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PRMIA NEWS

News and information from industry's higher standard in risk associations.

 

September 29, 2006

PRMIA Institute Credit Derivatives Course in Toronto Fills to Capacity

The PRMIA Institute Course on Credit Derivatives in Toronto this November has accepted all of the students that we can take for this session.

Delegates to the course will include representatives from leading institutions like:

Bank of Montreal
CIBC
Equitable Life Insurance Company of Canada
Greystone Managed Investments
ICICI BANK CANADA
RBC Financial Group
National Bank Financial Inc.
Scotiabank
TD Securities
University of Toronto

We're glad to see multiple registrations from severalof these organizations.

PRMIA Institute intensive courses are strictly limited in class size to ensure personal interaction with the instructor.

Delegates who had hoped to participate in this course may consider registering for the course in Chicago or New York during January of 2007.

The PRMIA Institute also offers an online course in Credit Derivatives which is available to anyone with an internet connection. You can learn more by clicking here or you can purchase one of our credit courses online.

Posted by dkoenig at 03:18 PM | Comments (2)

September 26, 2006

Technical University of Munich to Launch PRM Training Program - Joins Other University Programs in Support of PRM

We're very pleased to announce that the Technical University of Munich HVB Institute for Mathematical Finance will launch a new PRM training program in Munich this November.

The HVB Institute for Mathematical Finance joins other leading university programs that have identified the PRM as the higher standard in risk certification programs and are helping to prepare risk professionals for the challenge of this leading risk management certification program.

“We are pleased to work with a selected group of academics and PRMIA in setting global standards for executive and graduate level education in risk management and financial engineering," said Prof. Rudi Zagst, Director of the HVB Institute for Mathematical Finance. "It is our collaborative effort to achieve these goals by performing one of the most challenging certification programs for financial risk managers around the world, the PRM.”

To find out more about the PRMTM training program at the Technical University of Munich, click here to download the course brochure

The Professional Risk Manager (PRM) certification program has received formal backing from leading universities in the risk management and financial engineering space. The University of Toronto Risk Lab, The University of Reading ICMA Centre, Technical University of Munich - HVB-Institute for Mathematical Finance, National University of Singapore Centre for Financial Engineering, the Macquarie University Applied Finance Center and a consortium of faculty in Paris representing ESCP-EAP, HEC, Ecole Polytechnique, Sorbonne and Universite Paris Dauphine, have all announced their endorsement of the PRM certification program as the global standard for risk management professionals.

The following academic institutions provide preparatory programs for those seeking to attain the PRM.

The following academic institutions provide preparatory programs for those seeking to attain the PRMTM.  



The PRM certification program is the higher standard in risk certification, being pursued by nearly 2,000 candidates in 88 countries, more countries than any other program. For more information on the program, please visit http://prmia.org/INDEX/prm-cert.php.

A Few Endorsements of the PRM program

"PRMIA sets the standard for education in professional risk management. All practitioners should be encouraged to advance their knowledge and enhance their credentials by gaining PRM certification."

-Dr. Linda Kreitzmann, Director of the Masters in Financial Engineering Program, Haas School of Business, University of California at Berkeley

"A leading group of academics in renowned universities across the world have joined forces with PRMIA to organise and deliver essential training for those wishing to achieve professional qualifications. We have played an active role in the development of the PRM examination syllabus and we fully support this qualification."

-Prof. Carol Alexander, Chair of the Risk Management Department and Head of Research, University of Reading ICMA Centre

"I have been accepted for admission to Stanford and Carnegie Mellon - to their Master program in financial math and computational finance respectively. My application wouldn't have been so successful without the endorsement of the PRM. I'm proud to be part of an institution like PRMIA"

-Tan Heng Wee, PRM, Singapore

"The Paris faculty members of the PRM program, belonging to the best academic institutions in France, such as ESCP-EAP, HEC, Ecole Polytechnique or Université Paris Dauphine..., do appreciate the theoretical level of this international risk management course and fully validate its content. They consider that passing the PRM means a high level of expertise in the various areas of risk management (market risk, credit risk, operational risk...)"

-Prof. Didier Marteau, , ESCP-EAP

"PRMIA is the international leader in risk management certification and CSI wholeheartedly endorses its PRM designation."

-Roberta Wilton, Ph.D, President & CEO, Canadian Securities Institute, Toronto, Canada

Posted by dkoenig at 11:28 PM | Comments (0)

September 14, 2006

PRMIA Institute Credit Derivatives Course in New York Fills

The PRMIA Institute Course on Credit Derivatives in New York this October has accepted all of the students that we can take for this session.

Delegates to the course include representatives from leading firms in the New York area, including:

* The Federal Reserve Bank of New York
* MetLife
* ING Investment Management
* GE Asset Management
* AIG Global Investment Group
* TIAA-CREF
* Bank Hapoalim
* Barclays Capital
* QuiC Financial Technologies
* SunGard Adaptiv
* LaBranche Structured Products, LLC

and more. Delegates are traveling to New York for this event from firms like:

* BP
* Fannie Mae
* Banco de la Republica - Colombia
* Deloitte & Touche
* National Bank Financial Inc.

PRMIA Institute intensive courses are strictly limited in class size to ensure personal interaction with the instructor.

Delegates who had hoped to participate in this course may consider registering for the same course in Toronto, November 8-9, 2006. We will also look to repeat the course in New York early in 2007.

UPDATE: We have added Credit Derivative courses in Chicago and New York during January of 2007.

If you are intersted in attending the course in Toronto, please note that the discounted registration for the course will expire September 30th.

The PRMIA Institute and Columbia Business School also offer a series of eight course groups, forming a Complete Course in Professional Risk Management, which will be offered beginning in January 2007. For more information on this program, please click here.

Posted by dkoenig at 10:33 AM | Comments (0)

September 05, 2006

Call for Papers and Presentations - 2007 Enterprise Risk Management Symposium

Building on the tremendous success of the last four years, the Enterprise Risk Management Symposium Program Committee and its sponsoring organizations announce both a Call for Papers and a Call for Presentations for the 2007 Enterprise Risk Management (ERM) Symposium. The 2007 ERM Symposium is scheduled for March 28-30, 2007 to be held in Chicago, IL, USA.

Among the highlights include a prize of up to US$4,000 from the PRMIA Institute for the Best Paper: New Frontiers in Risk Management. The Actuarial Foundation is again offering a prize of US$4,000 plus up to US$1,000 in travel expenses to the best overall paper submitted. Other prizes may also be awarded.

Please read below for details on both calls, and be sure to mark your calendar to join us in Chicago March 28-30, 2007.

2007 Enterprise Risk Management Call for Papers

A call for papers to support the 2007 Enterprise Risk Management (ERM) Symposium has been announced. The focus of the call for papers is Enterprise Risk Management: Analysis and Tools to Quantify Financial and Operational Risks Including Their Interaction.

The 2007 Symposium is seeking papers that explore risk management topics, with a focus on the analysis and practical tools related to:

Financial risks
Operational risks
Interaction between the risks, i.e., diversification benefits
Integrated ERM
Creating value through ERM

Key Deadlines:
October 1, 2006 – Deadline for submitting an abstract or outline of proposed papers to Jeanne Nallon.
January 31, 2007 – Deadline for submission of completed papers
March 28-29, 2007 – 2007 ERM Symposium

2007 ERM Symposium Call for Presentations

The Program Committee seeks to solicit ideas and identify outstanding speakers for the 2007 event. The following are suggested general themes for ERM sessions/topics. These are broad guidelines and the Committee welcomes additional ideas provided they fall within the scope of ERM. The intent is to address key issues and applications wherever ERM is practiced, including insurance, the broader financial services industry, energy, government or elsewhere. Both practical and conceptual presentations are encouraged.

What ERM means in a particular company or industry
Correlation, Integration and Aggregation of Risks Across an Organization
Value Creation through ERM
ERM Risk Reporting Formats, Dashboards
ERM - Theoretical Foundation
Translating Risk Monitoring and Measurement into Decision-making
ERM Frameworks
Risk Capital and Management, Economic Capital
Operational Risk Measurement

Please send your proposed session title, description, and speaker(s) to Erika Davis by September 15, 2006. Invitations to participate in the program will be extended until September 29.

The ERM Symposium is sponsored by PRMIA, the Casualty Actuarial Society and the Society of Actuaries. The 2006 event was attended by over 550 risk management professionals including chief risk officers, chief financial officers, chief actuaries, risk managers, investment professionals, asset/liability management practitioners, and actuaries interested in risk management roles.

Posted by dkoenig at 08:53 PM | Comments (0)

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