vol. XX no. 3
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Today
the department offers an MBA with joint degree options in risk
management and insurance and finance, a dual MS degree that integrates
mathematical finance and actuarial science, and an undergraduate risk
management degree that focuses on critical thinking about risk. The
undergraduate program is ranked as the fourth best in the country in
the 2009 U.S. News and World Report survey of America’s best colleges,
marking the 13th consecutive year it has achieved a ranking in the Top
Ten.
And its goals are even larger. “Our intention is to be
nationally influential in the risk management profession in supplying
students to the workforce and being a model training program,” says
Phillips.
In its most recent endeavor, the department also has
launched a virtual research center that will be made up of an
international network of more than 100 economists and other researchers
to create a synergy around important risk management topics. The Center
for Economic Analysis of Risk (CEAR) is a collaboration with the
Atlanta Federal Reserve Bank and will have a physical location at
Georgia State with 25 researchers on-site. CEAR’s worldwide network
will encompass an additional 75 people, who will make up a community of
scholars who touch base weekly on a variety of topics, such as
decision-making in times of uncertainty. A scientific advisory
committee of well known economists will help choose topics to be
examined at individual, corporate, and societal levels and review the
center’s progress.
Given the state of global affairs,
well-rounded risk managers are needed more than ever, says Phillips.
“This is a hot career area, and with our integrated approach – not just
numbers but also broad decision making – our students will be able to
differentiate themselves in a competitive market.”
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