>>PRM is not a full blown actuarial treatment of risk management,
>>but the value of the curriculum from a learning perspective shouldn't be played down.
nor should it be an "actuarial treatment of risk management".
It's one thing use such an approach to risk when you're selling life insurance policies by the million, it's quite another when you're holding a highly concentrated porfolio of volatile financial instrument.
An MFE not an actuary is the appropriate professional to manage that kind of risk
>>but the value of the curriculum from a learning perspective shouldn't be played down.
nor should it be an "actuarial treatment of risk management".
It's one thing use such an approach to risk when you're selling life insurance policies by the million, it's quite another when you're holding a highly concentrated porfolio of volatile financial instrument.
An MFE not an actuary is the appropriate professional to manage that kind of risk