Unlocking Opportunities for UofA Economics Students
We are thrilled to announce our first major partnership for the Certified Risk Analyst (CRA™) and Certified Risk Manager (CRM™) programs with the University of Alberta’s Department of Economics. This collaboration allows UofA Economics students to accelerate their path toward the CRA designation, with select Economics courses granting course equivalency exemptions.
Through this partnership, students may also participate in an industry-guided capstone project module, applying AI and risk analytics skills to simulated real-world tasks. This module provides exposure to professional feedback, mentorship, and practical experience to prepare students for the dynamic world of risk management.
Mini Lecture Delivered
Portfolio Credit Risk VaR Under GDP Regime Shifts
Comparing PD Distribution Assumptions for Tail-Risk Estimation
During the mini-lecture session, students were introduced to how macroeconomic conditions shape Portfolio Credit Risk Value-at-Risk (VaR). Working through a hands-on example, they observed how GDP regime shifts propagate through a macro-linked PD model, how different distributional assumptions reshape tail probabilities, and how these differences ultimately influence portfolio-level risk metrics.
The UofA Economics students were highly engaged—acting as active observers as well as participants. They followed the modelling steps closely, asked thoughtful questions, and interacted throughout the demonstrations as we walked through each stage of the PD analysis framework.
The session was met with great enthusiasm. Students approached the material with curiosity and focus, engaging actively with both the analytical concepts and the practical implications for risk management. The collaborative environment allowed them to observe advanced modelling steps while contributing their own questions and interpretations along the way.
Gallery
We are excited to deepen our collaboration with the University of Alberta Department of Economics and to help students develop industry-ready, AI-integrated risk analytics skills. This marks an important step toward expanding practice-focused risk education across leading Canadian universities.
