Jennifer Massing PR
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Dr. Neville O'Reilly
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Rutgers Financial Statistics and Risk Management Program joins GARP Partnership for Risk Education
Participation Ensures Curriculum Meets Industry Needs
Piscataway, October 29, 2013 – The Rutgers University Master of Financial Statistics and Risk Management (FSRM) program has joined the GARP Partnership for Risk Education as an Academic Partner Plus. A thorough review of the program led GARP to conclude that the curriculum is designed so students are well prepared to apply the skills and techniques required by the global risk management profession. As an Academic Partner Plus, Rutgers University will support GARP in its commitment to advance risk management through education.
The GARP 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.
The Rutgers University FSRM Master's program emphasizes a practical approach to risk management with courses in probability, statistics, computational methods and data analysis tailored to financial applications and risk management. Additional coursework is offered on financial concepts, financial market structures and operations, trading instruments and risk regulation.
Beginning in Fall 2013, the FSRM curriculum will support students who elect to register and study for the FRM I and FRM II exams given in the second and third semesters of their program respectively.
"We strongly encourage students who pursue the risk management track of our degree curriculum to enroll in the FRM certification," says Neville O'Reilly, Associate Director of the FSRM Master's program at Rutgers University. "Doing so will allow them to build the knowledge and skills necessary to succeed in the fast-paced financial services industry."
GARP provides incentives such as discounts on exam preparation materials, eligibility to apply for GARP Research Fellowships and a scholarship per every 10 registered students.
"We welcome the Rutgers University Master of Financial Statistics and Risk Management (FSRM) to the GARP Partnership for Risk Education at the Partner Plus level," adds GARP's Managing Director for Educational Programs, Chris Donohue. "The FSRM program's classes focusing on risk management should position students to attempt the FRM examination with significant confidence and help them to function effectively in the field of financial risk management."
About Rutgers, The State University of New Jersey
Originally chartered in 1766, Rutgers is the eighth oldest university in the U.S. and the largest university in New Jersey. Rutgers offers more than 280 undergraduate, graduate and professional degree programs across 175 academic departments. Nearly 40,000 students study at the Rutgers New Brunswick campus, which is located less than 40 miles from New York City, one of the top financial centers in the world. The FSRM program is hosted in the Department of Statistics and Biostatistics at Rutgers. As one of the first of its kind in the nation, the Department enjoys the reputation of being the strongest based on its outstanding faculty in both research and instruction.
To learn more, please visit www.fsrm.rutgers.edu.
About Global Association of Risk Professionals
The Global Association of Risk Professionals (GARP) is a not-for-profit organization and the only globally recognized membership association for risk managers. GARP's goal is to help create a culture of risk awareness within organizations, from entry level to board level. GARP's corporate headquarters is in Jersey City, NJ with regional offices in London and Hong Kong.
To learn more, please visit www.garp.org.