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Wednesday, March 4, 2020 - 12:30pm

Grant Will Fund Content Development for Certificate in Risk Management and Insurance


Dobbs Ferry, New York – March 4, 2020 Mercy College’s School of Business has received a $40,000 grant from the Spencer Educational Foundation to develop a certificate in risk management and insurance. Spencer Educational Foundation is a New York-based not-for-profit organization with a mission to fund the education of tomorrow’s risk and insurance leaders. The School of Business will use the grant to develop a series of new courses and seminars on cyber risk, credit risk analysis and risk insurance.

“The grant is a recognition of the School of Business’s drive to continuously innovate by adapting the curriculum to disseminate new knowledge and meet the needs of the market,” said Lloyd Gibson, dean of Mercy College’s School of Business. “It also contributes to the College’s emphasis on student success by providing an opportunity for students to acquire new skill sets in order to compete in the dynamic environment of business. We are grateful to the Spencer Educational Foundation for their belief in the School’s vision and for providing our students with a new pathway to reach their potential.

This certificate program will be developed as an undergraduate program in Mercy College’s School of Business and will include seminars for graduate students. The new courses will use a multi-disciplinary approach to teach risk mitigation techniques.

“Managing risk is a fundamental skill that applies to all industry sectors,” said Victor Petenkemani who is associate dean of the School of Business and will be the initial director of the new program. “All Mercy students and the community at large will therefore benefit from the dissemination of new knowledge in an era that is fraught with uncertainty.”

Mercy College leadership hopes that the new certificate program will ultimately lead to a new degree program in risk management at the School of Business.


About Mercy College

Mercy College is the dynamic, diverse New York City area college whose students are on a personal mission: to get the most out of life by getting the most out of their education. Founded in 1950, Mercy is a coeducational and nonsectarian college that offers more than 90 undergraduate and graduate degree and certificate programs within five schools: Business, Education, Health and Natural Sciences, Liberal Arts and Social and Behavioral Sciences. With campuses in Dobbs Ferry, Bronx, Manhattan and Yorktown Heights, the vibrancy of the College culture is sustained by a diverse student body from around the region.