GARP SPONSORS RISK MANAGEMENT RESEARCH
GARP advances practitioner-oriented research in risk management
Contact:
Greg Winsper
Global Association of Risk Professionals
Phone 201.719.7240
Fax 201.222.5022
111 Town Square
Suite 1215
Jersey City, NJ 07310
New York, London; December 17, 2007: The Global Association of Risk
Professionals (GARP:
www.garp.com (
http://www.garp.com/ )), a leading
professional Association dedicated to the advancement of the financial
risk profession, announced today a Call for Research Proposals for the
2nd Annual GARP Risk Management Research Program.
The GARP Risk Management Research Program seeks to fund research
projects that offer unique approaches for current global risk management
issues that ultimately bridge the gap between theory and practice. Areas
of particular interest for 2008 include credit risk measurement and
management (particularly focused on mortgages, securitization or
liquidity), risk management in emerging markets and energy risk
management.
A Research Committee made up of risk management practitioners,
academics and researchers will select at least 5 research proposals to
fund in 2008. The Research Committee is co-chaired by Professors René
Stulz of The Ohio State University and Peter Tufano of Harvard
University. Selected research proposals will be notified in May 2008,
and recipients will receive a grant of USD $12,000.
*As a thought-leader in risk management, GARP seeks to support the *new
and noteworthy* in risk management research. Last year we received
proposals from researchers in 13 countries representing the best
research institutions globally, and we expect even greater and broader
participation this year.* states Chris Donohue, PhD, Managing Director
of the GARP Research Center.
GARP will accept research proposals through the end of March 2008.
Additional information on the GARP Risk Management Research Program is
available on the GARP website
at
www.garp.com/university/Research.asp.
GARP recently launched other initiatives to advance financial risk
management research. GARP now sponsors the GARP Risk Management Research
Award, presented at the annual meeting of the European Financial
Management Association (EFMA) to an outstanding paper in the field of
financial risk management, and the Best Dissertation in Risk Management
Award, presented at the annual meeting of the Financial Management
Association (FMA).
Recep Bildik, PhD, Senior Researcher in the GARP Research Center,
notes, *These initiatives demonstrate GARP*s commitment to keeping the
academic community engaged in the most relevant topics to risk
management practitioners.*
About GARP Research Center
The GARP Research Center serves as the driving force for
practitioner-oriented research by illuminating future trends and
opportunities, supporting and conducting research, and sharing these
activities with the risk management community around the world. The
Research Center focuses on thought leadership and aims to be a
recognized bridge between the academic research and practitioner
communities. For more information about the GARP Research Center and its
sponsorship of risk management research, please visit
www.garp.com/university/research.asp.
About GARP
The Global Association of Risk Professionals (GARP) is a not-for-profit
independent association of over 67,000 risk mana gement practitioners
and researchers representing banks, investment management firms,
government agencies, academic institutions, and corporations from more
than 167 countries worldwide. It also administers the Financial Risk
Manager (FRM*), the world*s premier certification for the financial risk
professional. GARP*s mission is to be the leading professional
association for risk managers, managed by and for its members dedicated
to the advancement of the risk profession through education, training
and the promotion of best practices globally.
www.garp.org (
http://www.garp.org/ )