The School of Business Administration’s (SBA’s) Center for Integrated Business Research and Education (CIBRE) and its Department of Accounting and Finance jointly established the Enterprise Risk Analysis (ERA) Institute. The ERA Institute will foster academic and practitioner research and interaction in all aspects of enterprise risk, including credit and bankruptcy, audit, information systems and business risks. For the successful enterprise, these risks need to be assessed, analyzed, forecasted, managed and controlled. The ERA Institute will help facilitate this success.
To this end, the ERA Institute is sponsoring a conference on credit risk analysis July 21-23, 2011. This year’s conference will feature as keynote speaker NYU’s Edward Altman of Altman z-score fame. More generally, this conference will bring together scholars and practitioners from around the world to examine and explore important issues related to credit analysis. The recent global financial crisis has exposed a weakness in credit analysis in the financial system. This conference is intended to expand the knowledge of credit analysis through discussion of existing models of analyzing credit risk and the encouragement of further development of such models.
Specific conference topics include: Credit analysis and credit ratings, Credit portfolio models and limitations, Model risk in credit, Credit derivatives (including CDOs, CLOs, CMOs, and CDSs), Securitization and structured finance, and the future of regulation.
Future ERA Institute conferences may cover the following topics:
- Information Risk Reduction in Systems by Design
- Bankruptcy Prediction and Prevention
- Factors and Determinants of Audit Risk
- Controlling Business Risk
- Turnaround Strategies for Risky Businesses
- Risk-reducing Technologies and Methods
- Financial Standards Risk
- Application Design Risk
- Internal Control Failure Risk
- System Integration Risk