GARP Offerings to the Academic Community
Introduction to the risk management profession and GARP
GARP Research members are visiting schools to introduce students and faculty to the risk management profession and the resources available from GARP. Schools visited in the 2007-2008 academic year include:
- Rutgers University
- City University, Hong Kong
- Chinese University of Hong Kong
- The New School Global Finance Program
- Columbia University, Graduate School of Business
- NYU Stern School of Business
- University of North Carolina Chapel Hill, Kenan-Flagler School of Business North Carolina State University, College of Management
- DePaul University Kellstadt Graduate School of Business, Finance Department
- University of Ilinois at Chicago, Finance Department
- Loyola University, Graduate School of Business
- Hofstra University, Finance Department
- Harvard Business School
- MIT Sloan School of Management
- Brandeis University
- The Wharton School
- University of Pennsylvania
- Temple University
- Kansas University
- University Nebraska – Lincoln
- University of Michigan
If you would like us to visit your school, please contact Chris Donohue, Ph.D. at chris.donohue@garp.com
Research Awards Sponsored by GARP
EFMA - GARP Risk Management Research Award
We are pleased to announce the GARP Risk Management Research Award which will be announced at the annual meetings of European Financial Management Association (EFMA) every year to an outstanding paper in the field of financial risk management. The GARP Risk Management Research Award will recognize the paper that has the most potential to advance our understanding of financial risk management. The best paper will present innovative approaches for solving complex risk-related problems in financial markets as well as opening new areas of inquiry about fundamental risk-related issues. The winner(s) of the GARP Risk Management Research Award will be selected by the GARP Award Review Committee and will share the US $2,500 cash prize.
We invite all papers from the broad field of risk management including but not limited to the following areas:
- Market risk
- Credit risk
- Interest rate risk
- Capital adequacy
- Operational risk
- Enterprise risk
- Regulatory and compliance issues
- Valuation and pricing methods for financial products
- Modeling risk factors
- Other topics related to financial risk management
Awarded authors will be invited to publish the basic findings of their work in the bi-monthly GARP Risk Review and to present their paper at a GARP event or chapter meeting. The awarded papers will also appear in the SSRN Financial Economics Network (FEN), GARP Risk Management Abstracts and GARP’s Research Paper Series. Award winners will retain the property rights over the papers.
GARP Award Review Committee
Prof. George Constantinides, Graduate School of Business, University of Chicago
Dr. Chris Donohue, Research Center, Global Association of Risk Professionals
Dr. Rudi De Koker, Risk Analytics, the Royal Bank of Scotland
Prof. Salih Neftci, Global Finance Program, the New School, New York
Prof. Anthony Saunders, Stern School of Business, New York University
Application Procedure and Deadlines
The deadline has passed.
FMA - Best Dissertation Proposal in Financial Risk Management
We are also pleased to announce our support of the Best Dissertation Proposal in Financial Risk Management at the 2008 Financial Management Association (FMA) meeting.
The Best Dissertation Proposal in Financial Risk Management should offer unique approaches and insights into significant risk management problems, be of particular relevance to current financial risk management issues and needs globally, and seek to connect theory with practice.
Topics of particular interest include:
- Risk management in emerging markets
- Energy risk management
- Enterprise risk management
- Credit portfolio risk optimization
- Solvency and risk management for financial institutions, including life and casualty insurers, pension plans
- Liquidity risk management
- Empirical pricing models in thinly traded markets
- Modeling credit, market and enterprise-wide risks
- Computational algorithms for pricing and hedging of financial risks
The award to the winner is $3,000.
In addition to the award, GARP will help the award winner connect with practitioners to obtain relevant information or data, if such help is needed.
Upon completion, the author will be invited to present paper related to this dissertation at a GARP workshop, convention or chapter meeting, or to summarize the dissertation for publication at the GARP Risk Review. Travel and lodging expenses associated with presenting results at a GARP event will be reimbursed for the author. The winning author will be invited to include papers related to the dissertation in a GARP research paper series.
The winning author will retain the property rights over the dissertation and all working papers, studies, and publications directly based on the dissertation. All publications (the dissertation itself as well as working papers and published articles that are a direct outcome of the dissertation) must acknowledge in an introductory footnote the receipt of this award as well as any support received in addition to the award.
Application Procedure
Please visit FMA’s website at http://www.fma.org/PhD/IMCAApp.htm for further information on how to proceed with the program.
GARP Digital Library
iReadingsTM – Build Custom, Multi-Publisher Course Packs
Through the GARP Digital Library (www.garpdigitallibrary.org), gain access to leading finance, investments, and risk management materials, including individual chapters from bestselling finance textbooks. Now, professors in finance have the unique ability to create course packs that have a high-impact, cost-effective method
The FRM certification program is the largest and most well recognized risk management certification program globally. There are currently 13,685 FRM holders in over 90 countries and we had 10,135 FRM candidates in 2007.
The FRM Scholarship program is available for up to one faculty member and two students per school, per year.
Internship/Sabbatical Opportunities
Faculty and graduate students interested in risk research are encouraged to apply for possibilities at the GARP offices in Jersey City, New Jersey, across the river from Manhattan and Wall Street. Please contact us at researchcenter@garp.com.
Click here to learn more about GARP membership and join today
