Aaron F. Cooper II, a self-described worrywart, never thought his penchant for devising foolproof backup plans could translate into a calling. But that all changed when he signed up for an elective in risk management while at the University of Georgia’s Terry School of Business executive MBA program last fall. “It entails pretty much everything I’ve always been interested in my entire life, even before I knew risk management existed,” said Cooper, 27, a telecommunications engineer at AT&T (T).

Cooper is part of a new wave of students hitting business school campuses. For years, risk management—the process of analyzing exposure to risk and determining how best to handle it—occupied a sleepy corner in business schools, a subject mainly of interest to those who want to enter the insurance field. But with the recent turmoil in the financial markets and a push for more accountability, risk management has rocketed in status at business schools.

In the past decade, a growing number of B-schools have added concentrations in the subject, ramping up the number of classes they offer. Executive MBA programs are also incorporating risk management electives into their curriculum, responding to increased demand from executives and companies. In some instances, schools such as Georgia’s Terry are developing custom programs on the topic for top executives and boards of directors.

More : businessweek.com

The two-day `International Conference on Business and Finance - 2005′, organised by ICFAI University in association with Philadelphia University, USA, acted as a forum for disseminating new research findings, practices and techniques in finance and also served as a platform for researchers and academicians to interact and exchange viewpoints and explore opportunities for joint research in contemporary and developing areas.

D.S. Rao, Director, ICFAI Business School, said the aim of the conference was to bring together academicians and practitioners with research interests in the field of finance, accounting and business management from India and abroad.

There were presentations of new and unpublished research findings of relevance in the areas of Asset Pricing, Capital Markets, Market Microstructure Investment Management, Corporate Finance Banking and Insurance, Financial Services; Derivatives, Risk Management among others.

Kozhikode: The Indian Institute of Management Kozhikode (IIM-K), the implementation of a management of two Development Programme (MDP) on risk management.

The program is the IIM-K campus Kunnamangalam September 19 to 21, SSS Kumar, programme coordinator, said.

The program is aimed at managers and analysts and improve their knowledge and skills in risk management, but also individuals who dedicate themselves in every profession.

LUCKNOW: The Ministry of insurance and risk management, Jaipuria Institute of Management (JIM), which organized a one-day seminar on “An Agenda for the growth of the insurance” on Saturday.

Director of JIM, Dr DK Bandopadhyay, in his inaugural address in detail on the development of the insurance and their impact on the changing lifestyle.

Dr. KC Misra, director of the National-Versicherungs-Gesellschaft, Pune, who presided over the seminar, insofar as key statistics on the current state of the industry in India. He said that the entire industry in India is Rs 70.0000 crore, the growth of Rs 130000 crore 2004-2005, he added.

Among those at the seminar Hargovind Dayal, General Manager, Reliance General Insurance Company, Dr PH Mishra, Senior Manager LIC divisional application, Lucknow Division, Warsi-Azhar, management of Bajaj Allianz General Insurance Company and RN Tyagi , AGM - The National Insurance - Company.

NEW DELHI, July 26. The Institute of Integrated Management Training (IILM) a one year full-time post-graduate diploma in insurance and risk management. This is allegedly the only one who, of course, the evolution of Insurance Regulatory Authority (IRDA).

Talking to Business Line, Dr Ahindra Chakrabarti, director, IILM, said: “With the opening of the insurance sector and increasingly global players recruitment shop, did it come to an increased demand for professionals l insurance gives lessons. ”

The course, starting from September this year, issues such as the foundations of risk and insurance, management accounting, strategic management, laws and regulations related to insurance, reinsurance, the sale and distribution of insurance products and managing the underwriting.

Talking about the career prospects in this sector, Dr Chakrabarti, said: “Insurance is the growth rate of 15 to 20 per cent per annum. In the next two years, about 25000 people are probably employed in this sector , and will it be a demand for marketing professionals, Statisticians, systems professionals, financial experts and health professionals. insurance application specific functions such as agents, Advisories, underwriters and actuaries are more high.

from BUSINESS LINE, October 08, 2005 October 8 K.J. Somaiya Institute of Management Studies and Research: - Nostalgia ‘05 - the alumni meet. Mr Lloyd Mathias (COO, Motorola Asia-Pacific), Mr Anuj Bhargava (CIO, HSBC Bank), Mr Rahul Joshi (V-P Risk Management, GTL Ltd) to participate. Time - 6 p.m

FIEO Western region - open house with Mr K.T. Chacko, Director-General of Foreign Trade. Hotel Grand Hyatt. Time - 10 a.m

FAITMA - international seminar on Survey of Indian Domestic Textile Market