Wednesday, July 06, 2011
The Penn State Smeal College of Business is offering a new major, the bachelor of science in risk management, which will be housed in the restructured Department of Risk Management and have three concentration options: actuarial science, enterprise risk management, and real estate. The new Department of Risk Management represents a restructuring of the former Department of Insurance and Real Estate. The research and disciplinary focus of the department is on risk assessment, mitigation and management, connecting disciplines such as actuarial science, business law, decision analysis, insurance, international business, and real estate. (more)
Wednesday, October 28, 2009
A faculty member at Penn State's Smeal College of Business testified before the U.S. Senate regarding pension funding during recessions. Ron Gebhardtsbauer, faculty-in-charge of Smeal's Actuarial Science Program, testified Thursday (Oct. 29) before the U.S. Senate Committee on Health, Education, Labor and Pensions (HELP). Gebhardtsbauer suggested ways to fix the funding issues being experienced by defined benefit retirement plans and offer long-term solutions to make U.S. pension programs viable for years to come. (more)
