Philadelphia, Pa. (October 3, 2016)—
The Risk Management Association Foundation is once again
accepting scholarship applications from college students who intend to pursue
careers in the financial services industry. Awards ranging from $2,000 to
$5,000 per student are available.
The Foundation first awarded scholarships in the 2015-2016
academic year, providing $129,000 in awards to 54 students.
Applications from undergraduate college students majoring in
accounting, business, finance, economics, banking, or a similar field are being
accepted through November 13. Individual award amounts will be based on the
strength of the application. Up to $200,000 overall will be awarded this
academic year.
The RMA Foundation was created and funded by The Risk
Management Association, a not-for-profit, member-driven professional
association whose sole purpose is to advance the use of sound risk management
principles in the financial services industry. To date, the Association has
contributed $6 million to the scholarship program.
The Foundation was launched at a time of growing concern
about a financial services talent gap, as the industry is faced with baby
boomer retirements and competition for graduates from tech and other sectors. In
addition to applying for the scholarship, college students are encouraged to take
advantage of the benefits of a free RMA student membership. These benefits have been expanded to include
mentoring opportunities, an online subscription to The RMA Journal, access to the RMA Xchange online member community,
and invitations to attend RMA chapter meetings and workshops. Students are also
able to earn a Credit Essentials Certificate that demonstrates proficiency in
business and financial knowledge and helps certificate holders stand out to
employers.
By guiding some of the best and brightest into financial
services, RMA hopes to ensure the vitality of the industry now and into the
future.
For eligibility requirements and more information on The Risk
Management Association Foundation Scholarship Program, please visit www.rmahq.org/scholarship.
About RMA
Founded in 1914, The Risk Management Association is a not-for-profit,
member-driven professional association whose sole purpose is to advance the use
of sound risk management principles in the financial services industry. RMA
promotes an enterprise approach to risk management that focuses on credit risk,
market risk, and operational risk. Headquartered in Philadelphia, Pennsylvania,
RMA has 2,500 institutional members that include banks of all sizes as well as
nonbank financial institutions. They are represented in the association by more
than 18,000 risk management professionals who are chapter members in financial
centers throughout North America, Europe, and Asia/Pacific.
Media Contacts
Stephen Krasowski, skrasowski@rmahq.org,
215-446-4095
Frank Devlin, fdevlin@rmahq.org, 215-446-4137