Banker S.A. July 2014 | Page 52

AIFMRM is a postgraduate institute in the Faculty of Commerce at the University of Cape Town. It was launched in January 2014 and is wholly funded by corporate partners in the insurance and banking industry. The institute conducts research and delivers postgraduate education and training in financial markets, risk management and quantitative finance, aligned to the needs of the financial services sector. AIFMRM: • Promotes the diversity of the body of financial and risk managers in Africa, and opens the fields of quantitative finance and risk management of financial markets to people from a range of backgrounds, especially the historically disadvantaged. • Builds appropriate capacity in new talent, and deepens the skills and capabilities of the currently employed risk management workforce. • Creates the next generation of African academics dedicated to rigorous financial market and risk management scholarship. Each generation will enrich the production of graduates with qualifications that are relevant and locally applicable. • Drives research, discussion and enquiry in the African financial industry, and provides new • • • perspectives on the maintenance, monitoring and resilience of the financial system. Advances the theory and application of modern quantitative, statistical and mathematical techniques to the modelling and risk management of financial products and markets. Delivers specialised education programmes, specifically tailored to meet the sector’s skills shortages and to ensure that training is relevant, intensive and effective. Designs and delivers courses that provide a qualitative and quantitative understanding of risk management methodologies, governance structures for the management of risk, and the distinct regulatory principles governing banking and insurance supervision. The institute plans to launch a new Master’s degree in Risk Management of Financial Markets for enrolment in the 2016 academic year. Financial markets | Risk management | Quantitative finance For more information, please contact the Director, Professor David Taylor [email protected] AIFRM-ad_fcp.indd 1 2014/06/24 2:10 PM