{"id":938,"date":"2020-07-20T16:39:04","date_gmt":"2020-07-20T20:39:04","guid":{"rendered":"https:\/\/www.yorku.ca\/aifprojects\/?page_id=938"},"modified":"2022-04-01T12:21:04","modified_gmt":"2022-04-01T16:21:04","slug":"bridging-theory-and-practice-in-risk-and-insurance-studies","status":"publish","type":"page","link":"https:\/\/www.yorku.ca\/aifprojects\/bridging-theory-and-practice-in-risk-and-insurance-studies\/","title":{"rendered":"Bridging Theory and Practice in Risk and Insurance Studies"},"content":{"rendered":"\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group grey-bg-block has-very-light-gray-background-color has-background\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<h2 class=\"wp-block-heading\">Description<\/h2>\n\n\n\n<p>The gap between formal education and the needs of the insurance industry, and financial services more generally, has never been more disconcerting. The recent financial crisis is often quoted as a corollary of this gap, and theoreticians are blamed. But misuse of the theory in applications is just one horseman of the apocalypse. Another is the inability of formal academic curricula to keep up with the challenging pace of real-world changes. Hence, it is not uncommon for practitioners to rely on theoretical results without understanding the underlying assumptions and to seek solutions to problems with no support from fundamental education. To fill this gap, we will put forward a distinctive certificate in Modern Insurance and Risk Management that comprises an <strong>introductory course on the principles of insurance and risk management<\/strong>, <strong>online learning modules<\/strong>, an<strong> industry-driven <\/strong>and<strong> research-infused professional internship<\/strong>, and <strong>mandatory networking sessions<\/strong>. The proposed interdisciplinary, international, and inter-Faculty certificate, offered through the Risk and Insurance Studies Centre, will provide a novel opportunity for <strong>human capital development<\/strong>, contributing to pushing the boundaries of pedagogical innovation and better positioning the students to succeed in the labour market.<\/p>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Project Lead(s)<\/h3>\n\n\n\n<p>Ida Ferrara, Edward Furman<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Faculty<\/h3>\n\n\n\n<p>Liberal Arts &amp; Professional Studies, Science<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Funding Priority<\/h3>\n\n\n\n<p>Experiential Education, Student success, Internationalization, eLearning<\/p>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-columns social-bar-block is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h2 class=\"h6 text-white text-center wp-block-heading\">Connect with the Office of the AVP Teaching &amp; Learning<\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<ul class=\"wp-block-social-links aligncenter my-2 is-style-default is-layout-flex wp-block-social-links-is-layout-flex\">\n\n<li class=\"wp-social-link wp-social-link-twitter  wp-block-social-link\"><a href=\"https:\/\/twitter.com\/YorkU_TandL\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M22.23,5.924c-0.736,0.326-1.527,0.547-2.357,0.646c0.847-0.508,1.498-1.312,1.804-2.27 c-0.793,0.47-1.671,0.812-2.606,0.996C18.324,4.498,17.257,4,16.077,4c-2.266,0-4.103,1.837-4.103,4.103 c0,0.322,0.036,0.635,0.106,0.935C8.67,8.867,5.647,7.234,3.623,4.751C3.27,5.357,3.067,6.062,3.067,6.814 c0,1.424,0.724,2.679,1.825,3.415c-0.673-0.021-1.305-0.206-1.859-0.513c0,0.017,0,0.034,0,0.052c0,1.988,1.414,3.647,3.292,4.023 c-0.344,0.094-0.707,0.144-1.081,0.144c-0.264,0-0.521-0.026-0.772-0.074c0.522,1.63,2.038,2.816,3.833,2.85 c-1.404,1.1-3.174,1.756-5.096,1.756c-0.331,0-0.658-0.019-0.979-0.057c1.816,1.164,3.973,1.843,6.29,1.843 c7.547,0,11.675-6.252,11.675-11.675c0-0.178-0.004-0.355-0.012-0.531C20.985,7.47,21.68,6.747,22.23,5.924z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">Office of the Associate Vice President, Teaching &amp; Learning<\/span><\/a><\/li>\n\n\n\n\n\n<\/ul>\n\n\n\n<p><\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<p><\/p>\n<\/div><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Description The gap between formal education and the needs of the insurance industry, and financial services more generally, has never been more disconcerting. The recent financial crisis is often quoted as a corollary of this gap, and theoreticians are blamed. But misuse of the theory in applications is just one horseman of the apocalypse. Another [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","footnotes":""},"tags":[7,4,18,13,38,8,19,5,20,6],"class_list":["post-938","page","type-page","status-publish","hentry","tag-academic-innovation-fund","tag-associate-vice-president-teaching-and-learning","tag-elearning","tag-experiential-education","tag-faculty-of-liberal-arts-and-professional-studies","tag-funding","tag-internationalization","tag-keele-campus","tag-student-success","tag-teaching-and-learning-innovation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bridging Theory and Practice in Risk and Insurance Studies - Academic Innovation Fund (AIF)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yorku.ca\/aifprojects\/bridging-theory-and-practice-in-risk-and-insurance-studies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bridging Theory and Practice in Risk and Insurance Studies - Academic Innovation Fund (AIF)\" \/>\n<meta property=\"og:description\" content=\"Description The gap between formal education and the needs of the insurance industry, and financial services more generally, has never been more disconcerting. The recent financial crisis is often quoted as a corollary of this gap, and theoreticians are blamed. But misuse of the theory in applications is just one horseman of the apocalypse. 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