The Risk Management Association to Pledge $1 Million to Texas A&M Banking Education Partnership

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May 20, 2019, 13:07 ET

PHILADELPHIA, May 20, 2019 /PRNewswire/ -- The Risk Management Association (RMA) announced today that it will pledge $1 million to the Mays Business School at Texas A&M University to fund a partnership that will create innovative undergraduate and graduate-level courses for the school's venerable Commercial Banking Program.

The pledge advances a relationship that began in 2015, when Texas A&M became the first university to offer RMA's college-level credit analysis course. Credit Essentials, which is based on course materials developed by RMA, is now available on 20 college campuses. As with the Credit Essentials course, materials developed in partnership with Texas A&M will be available to colleges and universities that want to build and/or enhance their banking curriculum.

"Together, RMA and Texas A&M will develop a banking and risk management program to attract the talent the industry needs to thrive in a changing landscape," said RMA Director of Professional Development Lisa McBride. "RMA's pledge will help fund the creation of new courses to benefit students and RMA members, and research to benefit the commercial banking industry."

RMA Chair Edward P. Schreiber, the chief risk officer at Zions Bancorporation, said, "Through our partnership, RMA and the Mays Business School will help secure a bright future for the banking industry. We can't wait to get started."

Dr. Eli Jones, Dean and Professor of Marketing at Mays, said, "Mays Business School is proud of the faculty, staff, and students associated with the Commercial Banking Program. We sincerely appreciate the investment in our program by the Risk Management Association. Investments such as this one enable the Commercial Banking Program to develop the next generation of business leaders for the industry."

RMA is also securing the future of the banking industry through its RMA Scholarships—through which $867,000 has been awarded to 331 college students—and an Academic Program that provides free RMA membership, educational materials, and an opportunity to earn the Credit Essentials Certificate.

More information on RMA Scholarships, RMA's Academic Program, and the Credit Essentials Certificate is available at www.rmahq.org.

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 18,000 individuals located throughout North America, Europe, Australia and Asia/Pacific.

SOURCE The Risk Management Association