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A GLOBAL drive for the finance industry to be more risk aware following the recent economic downturn is the rationale behind a new Masters degree being offered in Guernsey.

‘The market rationale for the new course is the drive in business worldwide to be more risk aware, measured and prepared following the recent financial crash. Businesses are also having to consider the risk of so many different, and often uncontrollable factors including the environment, terrorism, energy supply and population shift,’ said GTA’s Chris Edwards.

‘Managers in all businesses increasingly need to undertake risk management assessments and this course will provide them with the opportunity to develop the core competencies and technical skills so that they can contribute to an increasingly competitive environment.’

To gauge the level of demand for the course, the GTA is holding a lunchtime briefing session on 25th March at its St Peter Port House headquarters. The session will give more information about the course outline, the entry requirements and the commitment required.

‘The course is suitable for a wide cross section of professions including financial services professionals, project managers, auditing and accounting consultants and investment analysts. Our aim is for the course to start this autumn which is why we are launching it now so that people have time to consider what is involved before they commit,’ said Mr Edwards.

Professor Jens Hölscher from Bournemouth University said the course was well suited to Guernsey given its position as an international finance centre.

‘Guernsey has an excellent reputation for having a qualified and experienced workforce which has extremely high standards for regulation and corporate governance. The fact that there is considered to be enough demand to run this course on-island is testament to that reputation.’

Anyone wanting to know more about the course and register for the launch can contact Kate Lenfestey on 746889 or email [email protected]