Center for Risk Management Continues to “Bloom”

The Center for Risk Management is experiencing a renaissance thanks to the efforts of some faculty and students in the School of Management. An enhanced relationship with Bloomberg L.P., the financial, software, data, and media company headquartered in New York City, is paying dividends for School of Management students and offers potential benefits to all New York Tech students, faculty, and staff in the form of enhanced financial literacy.

While the School of Management has long offered students training and access to Bloomberg terminals (there is one terminal each on the Long Island and Vancouver campuses; there are 10 terminals in the Bloomberg lab on the New York City campus), the relationship with Bloomberg has blossomed under the leadership of Professor Joshua Bienstock, J.D., LLM, who is also program director of the Center for Risk Management.

Now, thanks to Bienstock, dozens of School of Management undergraduate and graduate students have toured the Bloomberg campus and participated in a workshop; another hundred or so have expressed interest in upcoming visits. He is also working to have Bloomberg executives speak to students on cutting-edge issues concerning risk management. But one of the greatest aspects of the Bloomberg relationship is its certification program, according to Bienstock. “It’s invaluable to everybody,” he says.

Bloomberg offers training and certification in two primary areas: Bloomberg Market Concepts, which offers a library of e-learning courses, providing an introduction to the financial markets, and Environmental Social Governance (ESG), an interactive e-learning course that provides an introduction to ESG strategies and reporting. Both training programs are available at no cost to New York Tech students, faculty, and staff under the School of Management’s licensing agreement with Bloomberg. Otherwise, it would cost $150 per person to access the training.