Spencer-RIMS Risk Management Challenge

An 8-month long competition, where university teams compete to develop and present the most comprehensive risk management program based on a company’s case study. This program is thanks to a generous contribution from the Spencer Educational Foundation. For more information on Spencer, please visit: https://www.spencered.org

2021 Case Champion

The RIMS Diversity and Inclusion Council

RMC 2021 Case Study

Congratulations to the honorees of the 2021 Risk Management Challenge. You can view their final round submissions here:

1st Place: University of Hartfordhttps://rims.zoom.us/rec/share/IXoQtGkPMhU-VzqWoVJ57GDHqMJhtp4X-

2nd Place: University of Wisconsinhttps://rims.zoom.us/rec/share/dIhQH8HA5HE2CyfLJq01N6gKQQ8_qW_x2t-38lZed34FEkZDwr8mu_hdnf9blU6b.f0drQjaquNurlPXY

3rd Place: Appalachian State Universityhttps://rims.zoom.us/rec/share/nj1ZVXGQqeeX-i6e5zlg_RNT6bbwh0Pi5qVoEOZEe7MpQM5_mokSKocZkM8n-1dh.4iwDDzEmTYwS6bwS

Congratulations to the top 8 teams for the 2021 Risk Management Challenge:

  • Appalachian State University
  • Butler University
  • Florida State University
  • Illinois State University
  • Indiana State University
  • Peking University
  • University of Hartford
  • University of Wisconsin-Madison

What is the Challenge?

An 8-month long competition, where university teams compete to develop and present the most comprehensive risk management program based on a company’s case study.

 

2021 Risk Management Challenge Application

2021 Risk Management Challenge Guidelines

 

 

How does it work?

After receiving the case study, students analyze the case study, conduct research and develop a risk management program to address the company’s issues. 

A panel of prestigious risk management professionals will judge the teams’ submissions and select the top eight scoring teams.

These eight teams will present their findings at the RIMS 2019 Annual Conference & Exhibition in Boston to a panel of risk management professionals and potential employers.

The top three teams will be recognized during the conference finale and awarded cash prizes.  

 

 

What are the benefits of participating in the Challenge?

  • Real-world risk management experience by analyzing data and developing a program for an actual company
  • Guidance from a risk management practitioner
  • Connections with industry experts who may become a potential employer
  • Recognition on a national stage
  • Opportunity to win prize money for your school’s risk management program

 

 

2021 Spencer-RIMS Risk Management Challenge Schedule*

*Schedule is tentative and subject to change. RIMS will notify participating teams if any deadline is altered.​

Description
Deadline
Application Period OpensEarly September 2021
Application Period ClosesEarly October 2021
Selected Teams Receive Case StudyLate October 2021
Risk Management Report Deadline​Late December 2021
​Final Eight Teams NotifiedEarly February 2022
Students Develop PresentationsFebruary 2022
​PowerPoint Presentations DueEarly April 2022
​Preliminary Presentation Round​April, 2022
​Final Presentation Round (Top Three)​​April, 2022
​Winner Announcement​April, 2022

*Dates subject to change. RIMS will notify participating teams if any deadline is altered.​ 

Questions?

 

For more information about the competition, please contact Will Gilchrist at RMChallenge@rims.org or (212) 655-6031. 

For more information on the Spencer Educational Foundation please visit SpencerEd.org

Top 8 2018 Spencer-RIMS Risk Management Challenge Teams

2018 RM Challenge GROUP 01

Top 8 2018 Spencer-RIMS Risk Management Challenge Teams, (first place) University of Wisconsin-Madison, (second place) Saint Joseph's University, (third place) Nanyang Technological University, (alphabetically) British Columbia Institute of Technology, Peking University, St. Mary's University, Temple University, Virginia Commonwealth University.