Logicbroker can now create the optimal prospect profile to further enhance its customer acquisition strategy as a consequence of our Master’s student team’s work. Continue Reading
MSFERM
MSFRM 3rd Annual Risk Management Conference, “The many faces of Enterprise Risk Management (ERM)”, March 20, 2015
Save the date:
The MSFRM Program will be hosting its 3rd Annual Risk Management Conference on March 20, 2015 entitled “of “The many faces of Enterprise Risk Management (ERM)”. More details will be posted to the MSFRM website as soon as they are available.
MSFRM Students Take 3rd Place in Prestigious Rotman Trading Competition
Marking its first time participating in the Rotman International Trading Competition (RITC)–a very prominent, well-established global competition–the UConn team captured third place in the Quantitative Outcry Case.
Making up UConn’s team were MSFRM students Brian Asselin, Chad Belanger, Matt Dyer, and Tejas Patel. Continue Reading
FRM Introduces New 5th Semester Option
We are excited to offer a new full semester of three 3-credit courses for the incoming and current cohort. This semester will include two courses on advanced and quantitative applications in Financial Modelling and Financial Engineering and a comprehensive course on Enterprise Risk management (ERM). This change will extend our 15 month program to 19 months. The students choosing this option will graduate in May rather than in December.
Additional 5th Semester
Spring (2)
- Programming and Modelling for Financial Analysis: This course focuses on the use of VBA in EXCEL, MATLAB, and SAS for financial modeling. With VBA, tudents will learn advanced materials such as Excel object programming, Database operations, file operations, graphical user interface design, bject-oriented programming, add-in, reports, and automation as well. Students will learn modeling techniques such as regression analysis, Monte-Carlo simulation, binomial trees, optimization, linear and non-linear programming, and data envelopment analysis and apply these in financial contexts such as portfolio optimization, credit risk, option pricing, capital budgeting, etc.
- Advanced Analytical Applications in Risk Management: This course will use datasets and software including Bloomberg, Matlab, EViews, Risk Metrics and others to train students in advanced applications of Risk Management models.
- Seminar on Enterprise Risk Management (ERM): This seminar course will introduce students to the current status of ERM. Various risks faced by multinationals including Operational Risk, Geopolitical Risk, Supply Chain Risk, Cyber Risk. The course will include the role of communication and ethical considerations in RM.
MSFRM Receives STEM Designation
The State of Connecticut’s Office of Higher Education recently granted STEM designation for UConn’s MS degree in Financial Risk Management (MSFRM). Under the new STEM classification, MSFRM international students can now qualify for a 17-month OPT (Optional Practical Training) Extension making it a full 29 months of OPT.
MSFRM joins MS in Business Analytics & Project Management as the only two programs in the School of Business to receive STEM designation.
Science, Technology, Engineering, and Mathematics (STEM) fields are essential to U.S. economic competitiveness and growth. Over the last several decades the country has experienced a significant shortage of qualified workers for employment in STEM fields. Increasingly, businesses have to hire international workers to meet their needs. Therefore, STEM designated educational programs make it possible for international graduates to remain stateside longer to not only establish their careers but also to help meet the demand for STEM-educated professionals.
UConn’s STEM designated programs, and their related initiatives, also play an important role in Next Generation CT, state legislation passed into law and signed by the governor, that will invest over $1.5 billion dollars in UConn over the next 10 years.
“Recruiting the best and brightest international students to our program and then enabling them to successfully begin their professional careers is an important part of our educational mission,” said Professor Chinmoy Ghosh, head of the Finance Department and director of the MSFRM program. “Furthermore, providing a sufficient and qualified pipeline of talent for the nation’s economy is core to our service mission as a public institution.”
Under the traditional OPT program, international students who graduate from colleges and universities in the U.S. are able to remain in the country and receive training through work experience for up to 12 months. Students who graduate from a designated STEM degree program can remain for an additional 17 months on an OPT STEM Extension.
“Undeniably, international students bring valuable contributions to our programs and classrooms,” adds Jud Saviskas, executive director of the School of Business in Stamford. “STEM designation now allows these highly skilled foreign graduates to extend their post-graduate training, establish their careers, and enhance the U.S. economy.”
1st Annual Risk Management Academic Conference
The Master of Science in Financial Risk Management (MSFRM) Program at the University of Connecticut will host the First Annual Academic Conference on Risk Management at Storrs, Connecticut on May 30, 2014.
Date & Time
- May 30, 2014 (Friday)
- 9am-5pm
Program Committee
- Chinmoy Ghosh
- Chanatip Kitwiwattanachai
- Efdal Misirli
Purpose
The purpose of this conference is to bring together academic researchers at the frontier of risk management and investments. This year’s conference program includes empirical perspectives on credit contagion, hedge fund investment, fire sales, market efficiency, mutual fund investment and media visibility in financial markets, central bank borrowing and risk shifting by banks in Europe.
Invitation
The Finance Department at the UCONN School of Business organizes this conference for the first time this year, and we would like to make it an annual event where prominent scholars and active young researchers present their work and receive valuable feedback. We will be happy if you can join our conference in its inaugural run.
Presenters
1. Jean Helwege, J. Henry Fellers Professor of Business Administration at the University of South Carolina, “Do Hedge Fund Fire Sales Disrupt the Stock Market?” (9:00 – 9:50 am)
Discussant: Namho Kang (University of Connecticut) (9:50 – 10:05 am)
Audience Q&A. (10:05 – 10:15 am)
2. Jennie Bai, Assistant Professor of Finance at Georgetown University, “Non-committable Channel for Credit Contagion”. (10:15 – 11:05 am)
Discussant: Chanatip Kitwiwattanachai (University of Connecticut). (11:05 – 11:20 am)
Audience Q&A. (11:20 – 11:30 am)
Lunch & Remarks from Dean John Elliot (11:30 am – 1:00 pm)
3. Ron Kaniel, Professor of Finance, University of Rochester, “Making the list – the impact of WSJ fund rankings on consumer investment decisions”, (1:00 – 1:50 pm)
Discussant: Jonathan Reuter (Boston College, NBER). (1:50 – 2:05 pm)
Audience Q&A. (2:05 – 2:15 pm)
4. Bing Liang, Professor of Finance, University of Massachusetts Amherst, “Hedge Fund Ownership and Stock Market Efficiency” (2:15 – 3:05 pm)
Discussant: Jean Helwege (University of South Carolina). (3:05 – 3:20 pm)
Audience Q&A. (3:20 – 3:30 pm)
Coffee Break (3:30 – 3:45 pm)
5. Phillip Schnabl, Assistant Professor of Finance, Leonard N. Stern School of Business, Kaufman Management Center, NYU “Who Borrows from the Lender of Last Resort?”. (3:45 – 4:35 pm)
Discussant: Jennie Bai (Georgetown University) (4:35 – 4:50 pm)
Audience Q&A. (4:50 – 5:00 pm)
MSFRM Students Das & Li Awarded National Scholarships
Stamford, Conn. – Only two scholarships awarded annually by the Public Risk Management Assoc.
Each year, the national Public Risk Management Association (PRIMA) awards just two scholarships to students enrolled in public policy and public administration programs. For 2014, both scholarship recipients are from UConn’s MS in Financial Risk Management program.
Xinyue Li and Debolina Das, both enrolled in Stamford, were selected for the annual PRIMA Student Scholarship awards for their outstanding academic performance.
“These scholarships not only recognize our students’ academic strengths and their strong commitment to risk management, but also confirm the quality of our MSFRM program,” said Jud Saviskas, executive director of the UConn School of Business in Stamford. “We are very proud of these two students, and they are a shining reflection of our fine program.”
Based in Alexandria, VA, PRIMA exists to promote and advance the profession of public risk, and serves as the primary resource for public risk management educational programs, products and services.
The PRIMA student scholarship covers expenses related to their attendance at PRIMA’s 35th Annual Conference, June 9-11 2014, in Long Beach, California. These expenses include the conference registration, meals, hotel accommodations, and both air and ground transportation.
As a student scholar, each will be paired with a mentor—a PRIMA member who is an experienced risk manager. The mentor will help the students network, gain industry knowledge, and expose them to other learning opportunities before, during, and after the 2014 Annual Conference. The winners will also receive a complimentary one-year student membership in PRIMA.
“Our FRM program has grown nearly five times in the last three years, attracting outstanding students from abroad, and earning the support and recognition from major corporations in the northeast,” added Professor Chinmoy Ghosh, head of the Finance Department and director of the MSFRM program. “These competitive scholarships recognize the academic excellence of our students and highlight our focus and emphasis on research initiatives in Risk Management.”
Pictured: Xinyue Li and Debolina Das, recipients of the 2014 PRIMA Student Scholarship awards
2nd Annual Connecticut Risk Management Conference: Aligning Risk Management with Strategy
The second annual Connecticut Risk Management Conference will be hosted by the UConn School of Business at the Stamford Marriott in Stamford, Connecticut on November 14, 2013. This year’s conference, Aligning Risk Management with Strategy, has been designed to bring together professionals engaged in risk management, senior management, and regulators, as well as faculty members and students in UConn’s MS in Financial Risk Management (MSFRM)* program. Continue Reading
GARP Interview: Prof. Chinmoy Ghosh of UConn Launches New Risk Management Master’s Program, Set to Commence this Fall
GARP Interview: Prof. Chinmoy Ghosh of UConn Launches New Risk Management Master’s Program, Set to Commence this Fall
CT Indian Life, Vol. 4, No. 1
The UConn MSFRM program will place more emphasis on practical applications, and operational and behavioral issues in risk management. Through collaboration with the financial services industry in the State of Connecticut, the program will provide a forum for interaction of academics and practitioners to focus on the practice of creating economic value by managing exposure to risk.
Risk Management Conference Draws Audience of 165+
The University of Connecticut School of Business was proud to host our First Annual Risk Management Conference on November 9, 2012. Over 165 risk management and regulation professionals, faculty members, and graduate students in the Master of Science in Financial Risk Management (MSFRM) program gathered to discuss new challenges and opportunities in the field. Among the many notable guests in attendance were faculty members from several other universities, including Sabanci University in Istanbul, Turkey. Continue Reading