Sberbank has opened Russia’s first free risk management academy. It is open to senior students and graduates (2016 and 2017), who will be able to take an on-site risk management course put together by Russia’s leading bank.
Over the past three weeks the Risk Management Academy has received 1,200 applications. The entry test was put together by 17 people at the Academy.
The course concentrates on the practical aspects of risk management. Topics include core risk management concepts, integrated risk management, credit, market and operational risk, and using models to assess risks. Lectures are held by experts and senior managers from Sberbank who have extensive risk management experience.
The course takes place over six months. Lectures are held at a Sberbank office in Moscow once a week on weekday evenings. Each lecture runs for around three hours. Participants will be awarded a final grade based on their work at the lectures, coursework, and the final exam.
Sberbank is Russia’s largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 135 million individual customers and more than 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with almost 17,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries.
Author: Anna Dorozhkina