New Risk Management degree launched

A new degree from Tanaka Business School has been developed with input from senior risk managers at financial institutuions.

Creditrisk.org - 12 April 2005

To meet the rapidly increasing demand for quantitative risk management skills in today’s changing financial environment, Imperial College’s Tanaka Business School, in association with Standard & Poor’s Risk Solutions, will offer a new MSc degree in Risk Management from September 2005.

Existing risk management degrees have not kept pace with the latest industry tools and methodologies, or are too theoretical in their content. The new degree has been developed with input from senior risk managers at major banks, bond credit rating agencies and financial regulators to deliver highly relevant tuition on the implementation and use of leading edge risk management techniques.

Programme Director, Professor William Perraudin from Imperial College’s Tanaka Business School, will teach modules in Securities Valuation and Principles of Risk Management. Perraudin is a leading international expert on the Basel proposals on bank capital, and has acted as a consultant to a wide range of major financial institutions. Arnaud de Servigny, Managing Director, quantitative Analytics and Products at Standard & Poor’s will lead the Applied Risk Management module. Servigny has worked in senior risk management positions at a number of major banks, and is co-author of the recent benchmark publication Measuring and Managing Credit Risk.

The new MSc is expected to attract people with a good quantitative degree currently working, or planning to work, in risk management or market analysis in the corporate or public sector. Perraudin said students would profit from the combined power of the academic and consultancy experience of Tanaka’s Finance section: “Working with Standard & Poor’s, we are able to offer research excellence together with extensive practical expertise of practical risk management. This combination will enable our students to understand this exciting and vibrant area in depth," said Perraudin.