LMBS develop new course to address financial crises management

The recent financial crisis has weakened the UK economy and left shareholders and the public unsure of what can be done to avoid worsening the downturn. Increasingly, people are demanding more reliable methods for measuring and reporting the risks organisations take in order to justify their salaries and bonuses.

These developments have led London Metropolitan Business School (LMBS) to partner with a risk quantification consultancy QRMS to develop a new short course that focuses on teaching students how to best measure and manage risk in a quantitative way.

‘The problem with traditional risk management is that the system is very open to manipulation and a large part of the mathematics of the financial crisis was a result of systematic manipulation of the statistics to disguise a high risk profile,‘ explains Glenn Masters, Managing Director of QRMS.

LMBS is at the forefront of ground breaking business education. Its partnership with QRMS will ensure that this course is focused on the latest technological response from the industry itself.

‘We are delighted to be offering this opportunity to senior management in the financial services and the wider economy to tighten up their risk management strategies,’ said Frank McKenna of LMBS. ‘Delegates to this course will be able to develop more efficient was of managing risk, leading to improved commercial performance.’

The Risk Quantification Course is a two day course to be run in London and the Middle East. The programme will focus on teaching risk quantification methods and tools. Further information on the course can be found at
http:///qrms.co.uk
or
/lfa/financial/lfa335.cfm


13 October 2009