Spencer Educational Foundation awards grant to Alcorn’s School of Business

Alcorn State University’s School of Business was recently awarded a grant for course development by the Spencer Educational Foundation.

The $17,000 grant will be used to develop and implement an undergraduate course, “Principles of Risk Management and Insurance.”

“Empowering individuals and businesses with a comprehensive understanding of insurance and risk management is crucial in today’s uncertain world,” said Dr. Babu George, interim dean and professor at the School of Business. The Spenser Education Foundation grant will equip participants with the knowledge and tools necessary to make informed decisions and mitigate potential risks.”

ASU’s School of Business offers bachelor’s degrees in accounting and business administration with concentrations in general management, finance, marketing, entrepreneurship, supply chain management, and data analytics. Additionally, the Master of Business Administration degree program has marketing, human resources, and finance concentrations.

It was a contribution provided by RIMS, the risk management society, offering risk management professionals tools to make “the world safer, more secure, and more sustainable.”

RIMS and its 80 chapters serve over 200,000 risk practitioners and business leaders from over 75 countries. With networking, professional development, certification, advocacy, and research, the Society has been helping individuals in the field for over 70 years. They also publish the award-winning Risk Management Magazine and organize RISKWORLD®️, the largest annual gathering of global risk professionals.

Founded in 1979, Spencer is a 501(c)(3) nonprofit organization that relies solely on the contributions of generous individuals and the industry. Spencer was named in honor of the late Robert S. Spencer, an innovative leader and past president of RIMS and an outspoken advocate for risk management education.