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Risk Management and Business Intelligence
Strong Market Needs in the Global Economy
In today’s global economy, risk management and business intelligence
forms a vital part of a company’s strategic planning and
decision making. The threat of a flu pandemic. The sub-prime crisis.
All show
solid evidence of the catastrophic consequence of mismanaged risk.
To assess and minimize risk effectively, it is also necessary to
analyze and manage the ever-growing volume of business data.
As Hong Kong emerges as a world financial center, the demand for
risk management and business intelligence professionals is become
pressing. HKUST’s innovative BSc in Risk Management and Business
Intelligence (RMBI) has been specifically designed to answer both
these market needs in one degree program. |
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| The Global Association of Risk Professionals (GARP) comprises
60,000 individuals involved in financial risk management worldwide.
In 2006, over 1,000 candidates from Hong Kong, out of 8,000 globally,
registered for the association’s Financial Risk Manager (FRM)
Examination. |
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What is risk management?
The process of identifying, assessing, and mitigating the impact
of uncertain events that may affect company or management performance. |
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What is business intelligence?
The gathering, analysis, integration and presentation of information
to assist decision-making. |
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