The University of South Carolina’s Moore School of Business Establishes New Chapter in Global Risk Management Association

COLUMBIA, S.C., Dec. 17 /PRNewswire/ -- The University of South Carolina'sDarla Moore School of Business announced today that it is establishing a chapter of the Global Association of Risk Professionals (GARP)  as part of a schoolwide initiative to expand the School's platform in the growing field of risk management.

GARP, which counts more than 100,000 risk management professionals in its worldwide membership, has university chapters in 20 academic institutions in 10 countries.   The association is dedicated to providing a broad range of professional development opportunities for practitioners in the risk management field.  The Association reports that risk management is one of the fastest growing career options for financial professionals and college graduates.

As part of the announcement, Dr. Hong Yan, associate professor of finance at the Moore School of Business, whose research and expertise are in the areas of asset pricing, derivative securities, and investment management, has been appointed University Chapter Director.

"This is an important affiliation for the Moore School as we increasingly focus on disciplines that create the most value for society in understanding and solving today's complex financial and economic issues, " said Dr. Hildy Teegen, Moore School Dean.  "Risk Management is a critical field of study for both our faculty and students and one that will be essential to developing leaders for a sustainable global society in the future."

The Moore School is known for its strong academic reputation in both risk management and insurance – ranking among the top ten in the country among business school risk management programs in U.S. News & World Report.   The School also receives strong business support in the community with various benefactors providing for approximately 25 scholarships for undergraduate business students in insurance and risk management.

"GARP will provide the Moore School with an ideal platform for students to learn about risk management as a profession that has increasing value to corporations and financial institutions," said Dr. Yan.  "In doing so, it will provide unique opportunities for our faculty and students to interact with professionals in the industry and learn about emerging trends and new developments in the field."

"The support and connections to practitioners that GARP can provide will be a valuable resource for our students interested in pursuing careers in risk management and professional certifications," added Dr. Steven V. Mann, Professor and Chair of the Finance Department at the Moore School.

About the Moore School

The Moore School of Business is among the highest-ranked business schools in the world for international business education and research. Founded in 1919, the school has a history of innovative educational leadership, blending academic preparation with real-world experience through internships, consulting projects, study-abroad programs, and entrepreneurial opportunities. The Moore School offers undergraduate, master's, and doctoral degrees, as well as distinctive executive education programs. In 1998, the school was named for South Carolina native and New York financier Darla Moore, making the University of South Carolina the first major university to name its business school after a woman.  For more information, visit http://www.moore.sc.edu.

About GARP

The Global Association of Risk Professionals (GARP) membership organization of over 100,000 individuals, is the only worldwide organization offering comprehensive risk management certification, training and educational programs from board-level to entry-level, allowing a firm to create a culture of risk awareness throughout an organization.  All of GARP's programs are developed and maintained by industry-leading risk practitioners and academics, ensuring the courses and materials are consistent and reflect the latest global standards in risk management.  For the risk professional, GARP offers the only globally-recognized certifications in financial and energy risk management.  The Financial Risk Manager (FRM (R)  and the Energy Risk Professional (ERP ™) advanced designations are designed to measure a financial or energy risk professional's mastery of risk theories and concepts and their ability to manage risk in a real-world environment.  For more information, visit http://www.garp.org

SOURCE University of South Carolina'sDarla Moore School of Business