Apply until 28 October 2024 for the 2025 Student Risk Management Challenge - a global competition for student teams to develop and present the most comprehensive Risk Management report based on a case study.
What is the 2025 Student Risk Management Challenge and what are the benefits for you?
A seven-month-long global competition for students, in which university/college teams consisting of 4 full-time students compete to develop and present the most comprehensive Risk Management Report based on a case study.
Gain real-world risk management exposure and experience by analyzing data and developing a comprehensive program.
Establish connections with industry experts and potential employers and network with various risk management practitioners and peers from around the world.
The top eight teams receive Spencer-sponsored travel to the RIMS RISKWORLD Conference in the United States.
The first-place team prize is USD $10,000; the second-place award is $7,500, and the third-place award is $5,000!
Details
Full details, timeline, and program guidelines at the Spencer website.
How does it work?
After receiving the case study, students will conduct a risk analysis and complete a comprehensive risk assessment report. They will be charged with assessing the top risks and developing a risk management plan that proposes solutions to address these risks.
A panel of prestigious Risk Management professionals will form a Judging Committee to judge each team's submission and select the top eight scoring teams.
These top eight teams will receive Spencer-sponsored travel to present their solutions at the RIMS 2025 Annual Conference (RISKWORLD)in Chicago, IL, USA. They will also answer live questions from the Judging Committee.
The top three teams will be awarded cash prizes and recognized at the Spencer Soirée and during the RIMS RISKWORLD Conference finale.
Contact & Application
Eligibility: Full-time students with less than 4 years of university education by May 2025 & Active enrollment as student between November 1, 2024 and May 5, 2025
Prior knowledge in Risk Management and Insurance is not necessary!
Application: Email to Leonard Külpp including CV and Transcript until October 28, 2024
Application Closes - October 31, 2024 (Late applications will be considered - Internal Application Deadline is October 28 to account for organization and naming process of the team)
Student Teams Receive Case Study - Friday, November 1, 2024
Risk Management Report Deadline - Wednesday, January 15, 2025
Top Eight Teams Notified - Wednesday, February 5, 2025
Students Develop Presentations & Make Travel Arrangements - February to Mid-April 2025
PowerPoint Presentations Due - Friday, April 11, 2025
Preliminary Presentation Round (Top 8 Teams Only) - Sunday, May 4, 2025 (In-person at the RISKWORLD Conference)
Final Presentation Round (Top 3 Teams Only) - Monday, May 5, 2025 (In-person at the RISKWORLD Conference)
Winning Team Announcement - Monday, May 5, 2025 (5:00-7:00 PM during the Spencer Soirée at RISKWORLD)
