Developing Future Risk Leaders

Experience what it is like to be a risk manager
Connect with students, practitioners, and employers
Win $10,000, gain confidence to take to interviews

Congratulations to the 2019 International Challenge Winners

Thank you to our 2020 Global Sponsor:


2020 Program Handbook
(Adobe PDF File)

Competition Overview

Be part of an award-winning international student competition. The Risk Management Challenge, a case competition of the PRMIA Institute, empowers undergraduate and graduate students by taking them beyond the classroom and giving them exposure to real-world business situations. The Challenge offers students the opportunity to apply the concepts they have learned and showcase their knowledge, critical thinking skills, leadership, and presentation abilities while competing to win a US$10,000 cash award. 

The Challenge begins in early January 2020 with an online preliminary round. The top teams from that round are chosen to advance to regional competitions hosted by participating PRMIA chapters in late March. The winners of the regional competitions will travel to the greater Boston area to compete in the international finals, hosted by MathWorks at their headquarters in Natick, Massachusetts, on April 20, 2020, where they will present their case solutions to an industry panel.

Students say one of the highlights of their experience is the chance to grow their professional network and gain insight into the risk industry as they meet with students, faculty, and risk leaders from around the world.

Learn more about the rules and structure of the competition in the Program Handbook. You may also view two sample case studies: Example 1 and Example 2.

We are proud to have MathWorks as a global sponsor. Upon registering, teams can apply for a complimentary license of MATLAB to use for competition purposes. 

Student Status

The competition is open to any undergraduate and graduate students currently enrolled at the time of registration. Each team member must use their university-affiliated email address to show proof of student status. 

Area of Study

Students from across any of the following areas of study are encouraged to participate: finance, economics, mathematics, business or commerce, accounting, and marketing. There are no coursework pre-requisites.


Teams of three to four members register together. The registration deadline is January 30, 2020.


The winning team wins a cash award of up to US$10,000 (subject to US tax laws). The top two teams will receive scholarships for the Professional Risk Manager (PRM™) Designation (US$1,430 value per student).

Each team that qualifies for the international championship will receive a one-year PRMIA Sustaining Membership for each team member ($US200 value per student), including digital access to The Wall Street Journal, special member pricing on competency-focused credentialing along with learning and development programs, online risk resources, local and global connectivity to peers, and career building tools.

Participating Chapters

New York

Thank You to Our Global Sponsor


Thank You to QuantUniversity for its In-Kind Scholarship Support

Thank You to Our Regional Sponsors

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