January 30, 2007
PRMIA and the PRMIA Institute Provide Over US$100,000 In Scholarships And Academic Grants In 2006
In 2006, the Professional Risk Managers' International Association (PRMIA) and the PRMIA Institute combined to give over US$100,000 worldwide in scholarships and academic grants to students, members in emerging markets and low-income individuals to support their study of risk management. These grants were provided to allow access to professional development resources that would not otherwise have been affordable.
"PRMIA and the PRMIA Institute have had a global commitment to serving members in both advanced and emerging markets," said David R. Koenig, Executive Director of PRMIA and President of the PRMIA Institute. "Our PRM certification is pursued by candidates in over 90 countries. Our professional development programs and publications are being used in more than 120 countries. The scholarship program is one of the reasons that there has been such a wide adoption of these programs"
In order to qualify for PRMIA and PRMIA Institute scholarships, members must have annual incomes of less than US$25,000 and cannot have their professional development expenses reimbursed by a third party. Scholarships have been granted to members in 73 countries.
David Millar, PRMIA's Chief Operating Officer said "PRMIA is committed to improving risk management across the globe and we believe in making our knowledge and exams available to all, including developing countries. I would like to thank our contributing membership, our corporate client and our sponsors for providing the funding which makes these benefits possible."
PRMIA provides scholarships to individuals pursuing the PRM certification program, including assistance with exam fees and preparation materials. The PRMIA Institute provides scholarships to assist with the purchases of books and online training programs.
About PRMIA and the PRMIA Institute
PRMIA is the Professional Risk Managers' International Association. Formed in January of 2002, PRMIA is a higher standard for risk professionals with more than 60 chapters around the world and over 35,000 members from more than 170 countries. A Section 501(c)(6) 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 1,800 active candidates from more than 90 countries.
The PRMIA Institute is setting a higher standard in risk education. It is a non-profit Section 501(c)(3) 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 studies in risk management and financial mathematics / engineering, provides 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 among lower-income individuals.
You can learn more about both at www.prmia.org.
Posted by dkoenig at 01:20 PM
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January 23, 2007
Top PRM Candidates in Fourth Quarter of 2006 Come from UK, USA, Poland, Canada and Denmark
We extend our congratulations to the following candidates for the PRM certification program who have attained the top scores globally during the fourth quarter of 2006:
Exam I - Finance Theory, Financial Instruments and Markets
Tomasz Kurnatowski, Citibank Handlowy, Warsaw, Poland
Exam II - Mathematical Foundations of Risk Measurement
Konstantin Tsukker, Algorithmics, Toronto, Canada
Ing Chian Ching, CCA Strategies LLC, Atlanta, GA, USA
Kristian Greisen, Nykredit Bank, Copenhagen, Denmark
Grzegorz Gawron, Lehman Brothers, London, England
Exam III - Risk Management Best Practices
Xuan Kong, NEUROMetrix Inc, Waltham, MA, USA
Exam IV - Case Studies, Governance, Conduct
Saleem Husain, Citigroup Investment Bank, New York, NY, USA
Candidates who attain the top score for the entire year on any of the four exams of the PRM certification program are recognized with the PRM Focus Award. Top candidates overall are recognized through the annual PRM Candidate of the Year program.
Posted by dkoenig at 05:35 AM
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Five Candidates Earn Perfect Scores on PRM Exams During Fourth Quarter of 2006
Our congratulations to the following candidates who attained perfect scores on one of the exams of the PRM certification program during the fourth quarter of 2005:
Exam II - Mathematical Foundations of Risk Measurement
Konstantin Tsukker, Algorithmics, Toronto, Canada
Ing Chian Ching, CCA Strategies LLC, Atlanta, GA, USA
Kristian Greisen, Nykredit Bank, Copenhagen, Denmark
Grzegorz Gawron, Lehman Brothers, London, England
Exam IV - Case Studies, Governance, Conduct
Saleem Husain, Citigroup Investment Bank, New York, NY, USA
For more information about the PRM certification program, please click here.
Posted by dkoenig at 04:52 AM
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PRM Candidates Now in 91 Countries
The risk profession's only globally endorsed certification program, the PRM, now counts candidates in 91 countries.
Afghanistan
Andorra
Argentina
Australia
Austria
Bahrain
Barbados
Belgium
Bermuda
Bhutan
Bolivia
Bosnia/Herzegowina
Brazil
Cambodia
Canada
Chile
China
Colombia
Costa Rica
Cote De voire
Croatia/Hrvatska
Cyprus
Czech Republic
Denmark
Egypt
Finland
France
Germany
Ghana
Greece
Hong Kong
Hungary
Iceland
India
Indonesia
Ireland
Israel
Italy
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Korea (South)
Kuwait
Lebanon
Lithuania
Luxembourg
Macau
Malaysia
Malta
Mauritius
Mexico
Morocco
Namibia
Netherlands
Netherlands Antilles
New Zealand
Nicaragua
Nigeria
Norway
Oman
Pakistan
Philippines
Poland
Portugal
Puerto Rico
Qatar
Romania
Russia
Saudi Arabia
Singapore
Slovakia
Slovenia
South Africa
Spain
Sweden
Switzerland
Taiwan
Thailand
Trinidad/Tobago
Tunisia
Turkey
United Arab Emirates
United Kingdom
United States of America
Venezuela
Vietnam
Yugoslavia
Zambia
Congratulations to all who have taken up the challenge of the PRM and to those who have donated their time and professional skills to the development of this global standard.
Posted by dkoenig at 04:01 AM
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January 11, 2007
PRMIA Institute and Columbia Business School Launch Successful Risk Management Course
The PRMIA Institute and the Columbia Business School successfully launched their joint Complete Course in Professional Risk Management in New York yesterday.
Delegates from companies like Morgan Stanley, Bear Stearns, Bank of Tokyo-Mitsubishi, Citigroup, Grupo Santander, NRG, Moody's, Moore Capital, Ernst & Young and many others are participating in the 20-week program.
Prof. Costis Maglaras, Associate Professor of Business led the first session, building the mathematical foundations of risk measurement necessary for effective risk management programs.
More than one dozen Columbia Business School faculty are participating in the program. Their teaching is combined with the perspectives of leading practitioners like Dan Rodriguez, Executive Director in Market Risk Modeling at Morgan Stanley and Philippa Girling, Global Co-Head of Operational Risk at Nomura.
The program concludes with a certificate exam at the end of May.
Those interested in attending future offerings of the program, or parts of the current program can contact Jodi Lundell, PRMIA Institute Director of Events, at jodi.lundell@prmia.org or +1-917-421-9651.
Posted by dkoenig at 03:07 PM
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