GLASGOW, 14 December 2006 – Aon is calling upon students to take up risk management degrees as employment opportunities increase in line with industry demand for risk professionals. Sponsoring the second reunion of Glasgow Caledonian University’s 22 years of risk management graduates, Aon commented on how the diverse degree course is making graduates more appealing to employers, who are facing new risks to their business.

In two decades the course has become more diverse and shifted from being insurance based to more risk focused. This includes greater emphasis on risk management for financial institutions and complying with Basel, for example, to reflect the evolving needs of commerce. The theoretical grounding is instrumental for understanding the changing risks to business and corporate governance requirements, which will help to mitigate these challenges.

Audrey Weir, UK commercial property director at Aon and former lecturer and student on the risk management degree course, said: ”The course has developed to respond to the needs of industry and commerce, so graduates are in high demand, be it from an insurer, broker, consultancy or in-house team. The career opportunities are excellent and the course’s international flavour means Glasgow’s graduates have taken up posts worldwide.”

Dr Alan Watson, senior lecturer and programme organiser for the risk management degree at Glasgow Caledonian University, added: “I would defy any student to think of one organisation in the world that doesn’t have risk in its operations. Subsequently, graduates will never face a shortage of work – especially as our profession seeks to meet the challenges of emerging risks. We’ve seen a dramatic increase in demand for our graduates and, in turn, industry and commerce have been keen to sponsor and lecture to our students.”

The course intake has doubled to an elite 40 students a year since it started in 1982. The degree pioneered the study of risk management in the UK from what was previously perceived as an American discipline. The reunion featured speeches from degree founder and risk management guru Professor Gordon Dickson and Alan Cleary – an internationally renowned personality in the industry.

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About Aon

Aon Corporation is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. There are 46,000 employees working in Aon's 500 offices in more than 120 countries. Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions.

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