DENVER – The Global Association of Risk Professionals (GARP) has recently announced the addition of the University of Colorado Denver Business School to the GARP Partnership for Risk Education. The Partnership for Risk Education is a framework through which academic institutions can ensure that their risk management course offerings are aligned with global industry needs and best practices. Affiliated schools incorporate the curriculum of one of GARP’s globally recognized professional certifications, the Financial Risk Manager (FRM) or the Energy Risk Professional (ERP), into their courses of study. GARP selects partner institutions from around the world. In addition to CU Denver, five other illustrious institutions were recently added to GARP’s Partnership for Risk Education including Dublin City University (Ireland), University Institute of Lisbon (ISCTE-IUL, Portugal), North Carolina State University (US), Pace University’s Lubin School of Business (US), and the Reims Management School (France). “Joining the Partnership for Risk Education demonstrates these institutions’ commitment to successfully preparing students to understand and apply the skills and techniques required by the global risk management profession,” said GARP’s Managing Director for Educational Programs, Chris Donohue. “We are delighted to welcome these new academic partners, whose Masters programs are aligned with the body of knowledge required for the FRM Exam.” The CU Denver Business School has a proven track record at the Masters level in finance, particularly through the Risk Management and Insurance program, and partnering with GARP on this initiative is further assurance to students of the outstanding quality of their programs. “Risk management is a fast-evolving discipline, and GARP’s academic partnerships play a critical role in educating the next generation of qualified risk managers,” said FRM Program Manager Bill May. “The FRM curriculum is practitioner-driven and responsive to current marketplace needs. It is also extremely rigorous, covering issues in financial markets and products, quantitative analysis, risk models and valuation, and market, credit, operational and integrated risk management that impact organizations on a daily basis.” Beyond providing superlative education in the field of risk, CU Denver Business School has also had direct impact on GARP, and has become a great asset to the organization. The Business School has become something of the de-facto entity providing speakers for the monthly meetings of GARP’s Denver chapter. Dr. Rina Ray, Assistant Professor of Finance, was selected as the speaker for GARP Denver’s most recent monthly meeting. Dr. Ray discussed a paper she wrote that uses a simple theoretical model to analyze multiple options consumers have for residential mortgages, and determines the optimal exercise boundaries from the perspective of homeowners who have a mortgage loan outstanding. To find out more about the Risk Management and Insurance Program at the CU Denver Business School, visit the program’s website, or contact Lori Genuchi (lori.genuchi@ucdenver.edu)
