Inaugural GARP Risk Education Research Fellowships Awarded
Five fellowships have been awarded in the
inaugural GARP Partnership for Risk Education Research Fellowship
Program. The grants, in the amount of USD 3,000 each, are given to
students enrolled in Master-level programs in finance, mathematical
finance, and financial engineering, globally.
"The GARP Risk Education Fellows have
demonstrated unique approaches and insights into problems facing
the risk management community, and their diverse research interests
highlight the many challenges facing risk management professionals
today," said Bill May, GARP's SVP of Academic Outreach.
The 2012 GARP Risk Education Research
Fellows hail from leading universities in China and the U.S. They
are:
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Felipe Bastos Gurgel Silva, Cornell
University - Master of Engineering, Financial Engineering
Concentration: The Impact of Asset Price Bubbles on the
Computation of Value-at-Risk (VAR) and Capital Determination
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Patrick Ewane Essouman, Rutgers
University - Master in Financial Statistics and Risk
Management: An Empirical Study of Risk Models and Their
Performance Prior to the Financial Crisis
-
Shwetabh Singh, Rutgers University -
Master of Science in Mathematical Finance: The Feasibility
of Using Learning Networks for Dynamic Hedging in High Volatility
Markets
-
Weiyue Cao, University of Macau -
Master of Science in Finance: The Price Discovery Role of
Equity Options in the 2008 Financial Crisis
-
Wei Zhang, Tongji University -
Master of Finance: Exploring the Impact of Increasing
Trading Frequency on Investment Risk
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The proposals were selected after a global
call for entries that asked students to address issues that were
relevant to current global financial risk management issues and
needs; proposals also were required to focus on one or more of the
major topics presented in GARP's globally recognized risk
certification exams, the Financial Risk Manager (FRM®) and Energy
Risk Professional (ERP®) Exams.
"GARP's Partnership for Risk Education plays
a unique role in educating the next generation of risk managers,"
said Chris Donohue, Ph.D., Managing Director of GARP's Research and
Education Center. "We believe that by awarding these fellowships,
GARP will continue to deepen risk management competencies amongst
students globally, and in doing so, help fulfill our organization's
mission of building a strong culture of risk awareness."