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Rensselaer Lally School Students Attend NYC Global Association of Risk Professionals Meeting

  John Teall
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A bus trip organized by the Rensselaer Lally School MBA and M.S. Career Resources office, with more than 50 Rensselaer business students, traveled to New York City on September 18 for the Global Association of Risk Professionals (GARP) chapter meeting titled, “Careers in Risk.”

“GARP continues to offer our degree candidates a terrific forum in which to explore careers in risk management and analytics,” said Tom Whalen, director of MBA and M.S. Career Resources at the Rensselaer Lally School. “This trip provided invaluable exposure for them to career-oriented ideas, professionals already practicing in their fields of interest, and the chance to learn more about GARP’s career programs."

The event, held at the New York University (NYU) Kimmel Center, featured a powerful panel of experienced professionals from financial risk-related fields. These experts provided insight into the current state of the economy as well as trends and opportunities for careers in risk management.

"Risk management is becoming an increasingly prominent role in financial institutions, and events such as this provide an excellent overview and platform of discussion and appreciation for what is needed to prepare for such a career," explained Aparna Gupta, associate professor of quantitative finance at the Lally School.

The event panelists included executives from the Federal Reserve Bank of New York, Hess Corporation, Morgan Stanley, Heidrick & Struggles, and Ernst & Young, LLP.

The students learned about various career paths to consider, the skill set and preparation required for a successful career in risk management, and the day-to-day challenges of the profession. This event was particularly geared towards students looking to advance or evolve their careers in the risk management profession.

"The opportunities in risk-related careers are increasing very fast as people are paying more and more attention to risk control and risk management,” said Qingshan Zeng ’12, M.S. FERA. "People with quantitative skills are becoming preferred in the risk industry and the overall financial industry as well."

The discussion was followed by an audience question and answer session followed by an hour-long networking reception sponsored by Contact Singapore, the Depository Trust and Clearing Corporation (DTCC), Ernst & Young, LLP (EY), the Financial Industry Regulatory Authority (FINRA), Heidrick & Struggles, and PricewaterhouseCoopers (PwC).

Representatives from the Federal Reserve Bank of New York, GARP’s Career Center, Cornell University, New York University (NYU), PACE University, Rutgers University, and Stony Brook University were also onsite to talk and network with students.

“I can definitely see the growth in career opportunities in these risk-related fields as they welcome people from diverse educational backgrounds such as science, business, and operations,” said Manjia Huang ’12, M.S. FERA. “I think this is a career direction with good prospects.”

The MBA and M.S. Career Resources Office at the Rensselaer Lally School of Management work with current Lally School MBA and M.S. degree candidates. A variety of services and programs throughout the academic year are available to advance students’ personal plans of success. Contact Tom Whalen, director of the MBA and M.S. Career Resources office at whalet@rpi.edu for more information.

 

Published: October 8, 2012

Contact: Julie K. Tracy
Phone: (518) 276-3053
E-mail: tracyj3@rpi.edu

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