NUS RMI Hosts the Fifteenth Annual Risk Management Conference
By Huang Zihao, MFE Student, August 2022 Cohort

Inflation, Crypto, and Climate Risk: these are things that have been making the news recently. The Fifteenth Annual Risk Management Conference took place from 2 to 3 August 2022, marking halfway through the second decade of RMI successfully hosting such an international forum. The first day was the Risk and Credit Portfolio Management Workshop jointly organized by IACPM and RMI. The morning sessions began with an economic outlook on global geopolitics, inflation, supply chain, and views on ASEAN. Following the sessions on Evolving Organizational Priorities and Deciphering the Complexity of Climate in Risk Management. The sessions in the afternoon continue to “Transforming Markets and Credit Portfolio Management in Loans, Structured Credit, and Private Credit Risk Insurance”, as well as the topics in the Future of Sustainability.

An Interview with Prof. Martin Eichenbaum
By Zhao Zhun, MFE Student, August 2022 Cohort

Professor Martin Eichenbaum was invited by RMI to its Annual Risk Management Conference in August 2022. One day before the Conference, a group of NUS MFE Students interviewed Prof. Martin Eichenbaum, and had a one-hour discussion about risk management and financial regulations. Here is the summary of the interview.

Biography

Martin Eichenbaum is the Charles Moskos Professor of economics and co-director of the Center for International Economics at Northwestern University. He serves as the consultant to the Federal Reserve Bank of San Francisco. He completed his PhD (Economics) from The University of Minnesota in 1981, and then joined Carnegie Mellon University as Assistant Professor of Economics (1981-1985), Associate Professor of Economics (1985-1987), and became the Professor in Economics at Northewestern University (1988-present).

RESEARCH UPDATES

Industry Projects

Under the leadership of our Deputy Director for Industry Prof. Chen Kan, RMI has continued to pave the way for collaboration on industry projects, which aim at advancing the industrial applications of new research in the field of risk management. In 2022, the projects team worked on publishing some research papers in relevant journals.

RMI Industry Projects’ team members, Prof. Chen Kan along with Tuoyuan Cheng, recently published a paper in the Journal of Finance and Date Science titled “Measuring Tail Risks”. Value-at-Risk (VaR) and Expected Shortfall (ES) are common high quantile-based risk measures adopted in financial regulations and risk management.

MASTER OF SCIENCE IN FINANCIAL ENGINEERING (MFE)

MFE Updates

On 11 January 2023 RMI hosted its annual on campus information session for the MFE Program’s August 2023 admission exercise. For the admission exercise of AY2023 cohort, RMI also conducted a few virtual information sessions in both English and Mandarin throughout 2022. For the first time, MFE program participated in the Postgraduate Coursework Fair organized by School of Continuing and Lifelong Education (SCALE) on 4 and 5 October 2022. The MFE team hosted a virtual booth and organized a virtual information session for the participants of this fair.

EXECUTIVE EDUCATION

Training Programs Updates

In 2022, RMI organized several training programs, some were conducted virtually and others in person. In January 2022 RMI welcomed its first annual cohort for its Financial Risk Manager (FRM®) Certification Training Program – Part I & II which was conducted virtually. This program helps prepare professionals from the financial industry for the rigorous examinations to obtain the FRM® certification. RMI has successfully conducted this Program bi-annually since 2013 and prepared over 340 participants for the examination that takes place twice a year in May and November. The certification is globally recognized and administered by the Global Association of Risk Professionals (GARP).

EVENTS