The Professional Risk Managers’ International Association (PRMIA) is hosting the international PRMIA Risk Management Challenge (PRMC) in 2019 across Canada, the US and the EU. Each location will host a preliminary Regional Challenge, and the winners for each location will convene end of March of 2019 for an International Challenge.

The PRMIA Risk Management Challenge provides undergraduate and graduate students the opportunity to solve realistic business problems with a risk management focus. This year, participants will be given two case studies that will simulate up-to-date and real-life risk management challenges, including a MatLab modelling challenge. Ultimately, the PRMC aims to develop and strengthen professional and social relationships across students, faculty, and risk professionals.

STRATEGIC OBJECTIVES:
• Promote the financial services sector on national and international levels through an international case competition
• Develop analytical and decision-making skills of future leaders from universities across Canada, US, and EU.
• Identify top talent amongst competitors for potential employment opportunities. • Create networking opportunities for students interested in pursuing risk careers. • Promote understanding of both hard and soft skills required to work in both IT and Enterprise functional areas.
• Promote the strategic importance of Risk Management by aligning analysis to strategic direction.

Outline for the PRMC

You can also click HERE to access the PRMC homepage

Hungary Chapter joined for the first time to the PRMC organizers, the Challenge attracted four graduate teams, who all were accepted for the regional round to present their solution on “GE Capital after the Crisis”.

Venue of the event was the lecture room of the International Training Center for Bankers

Judges:

• Gergely Gabler, Director, National Bank of Hungary
• Gábor Horváth, Director, Head of Risk Management, OTP Bank
• Béla Öcsi, Deputy CEO, International Training Center for Bankers
• Péter Szalai, Senior Manager, Financial Risk Management, KPMG
• Tamás Tóth, Regional Director, PRMIA Hungary Chapter

The judges: Gábor Horváth, Béla Öcsi, Tamás Tóth, Gergely Gabler, Péter Szalai

The four competing teams were well prepared, they had 15 minutes to present their solution to the case “GE Capital after the Crisis, followed by a 10 minutes of questions and answers from the judges.

Competing teams:

Winner of the Regional: FAKTastic Four


The members of the team: Áron Drabancz, Eszter Hagymási, Donát Rigó, Nedim Márton El-Meouch

ABFM


The members of the team: Attila Csoma, Zsófia Farsang, Miklós Milán Vancsa, Bálint Plangár

The Big Hedge


The members of the team: Viktória Laura Pecznyik, Ádám Szűcs, Anita Bárdy, Gábor Kozma

Quanthematicians


The members of the team: Bettina Zsámboki, Gergely Bence Szilágyi, Gergő Garaguly

During the lunch session the teams had the opportunity to get acquainted with the judges and they could introduce their professional plans. All participants found it a very interesting and useful event to network and get ideas from professionals of the real life.

Sponsors of the event:

Corvinus University of Budapest

KPMG Hungary

International Training Center for Bankers

OTP Bank

Budapest, 25 February 2018.