The Risk Management Association Totals $1 Million+ Scholarships to Future Bankers

Risk Management Association

Banking-focused students can redeem the benefit of invitations to attend RMA chapter meetings and workshops

Boosting talented and hard-working students is always an exciting moment as they transition into professionals and leaders. The Risk Management Association Foundation (RMA) has announced to provide scholarships totaling $209,000 to 114 college students for the Spring 2020 semester.

Since 2015, students pursuing careers in the financial services industry have received 445 scholarships, totaling $1,076,000, from The RMA Foundation. The most recent awards given to scholars ranged from $1,500 to $5,000.

Two Githens scholarships were awarded to the most distinguished applicants. The winners were Brianna Sueda, a senior at California State University San Marcos, and Carlos Franco, a senior at Appalachian State University. The prestigious scholarships are named in honor of RMA’s former President and CEO William F. Githens, who retired in 2017 and is an active director of The RMA Foundation.

While hitting a financial milestone was gratifying, it is even more gratifying to know that, through its Foundation, RMA will continue to help usher the best and brightest into the financial services industry for many years to come.” – Nancy Foster, RMA President, and CEO

The Risk Management Association has a sole mission to advance the use of sound risk management principles in the financial services industry. Founded in 2014, RMA assists with attracting talent to the banking industry at a time of increasing baby boomer retirements and competition for graduates from tech and other sectors.

RMA Scholars are selected based on:

  • Academic achievement
  • Participation and leadership in the community and school activities or related work experience
  • Demonstrated interest in the banking industry, including involvement in the local RMA chapter, academic studies, and internships
  • A statement of career goals and objectives

In addition to applying for scholarships, students focused in banking can take advantage of free RMA student memberships. Benefits include:

  • an online subscription to The RMA Journal
  • access to the RMA Xchange online member community
  • invitations to attend RMA chapter meetings and workshops

Students are also able to earn, through select colleges and universities, the Credit Essentials Certificate, which demonstrates proficiency in business and financial knowledge, and helps certificate holders stand out to employers.