The Association of Bermuda International Companies (ABIC) has announced its first-ever post-graduate scholarship, in conjunction with Georgia State University´s highly regarded Department of Risk Management and Insurance.

The new scholarship will give a Bermudian student pursuing graduate studies in insurance, actuarial science or risk management support of up to $50,000.00.

“This is an exciting addition to ABIC’s already-extensive programme to support Bermudian students,” said ABIC Education Awards Committee Chairman Roy Fellowes.

“This new initiative with Georgia State University broadens ABIC’s support to include students pursuing post-graduate insurance studies,” he said. “It is a fantastic opportunity for a Bermudian to study at this nationally rated institution and enhance their insurance career opportunities.”

The Risk Management and Insurance Department at Georgia State University is the largest academic department focused on risk management education and research among U.S. universities. The department specializes in understanding, quantifying, financing, and developing strategies for managing the risks faced by individuals, organizations, and society.

For the tenth consecutive year, U.S. News & World Report ranked the Robinson College of Business FLEX (part-time) MBA program among the top 10 in the nation and, since 1999, has ranked the risk management program among the top five in the nation. More information regarding the department and its degree offerings can be found online at www.rmi.gsu.edu.

The ABIC Education Awards program provides scholarships to Bermudian students pursuing higher education at accredited four-year, degree-granting colleges and universities in studies connected primarily to international business or supportive of Bermuda’s infrastructure that is necessary for the efficient functioning of international business in Bermuda.

ABIC has been awarding scholarships for 26 years, and hundreds of Bermudians have benefited from the generosity of international companies collectively.
The deadline to apply for this award is February 1st, 2006. For further information please contact Fiona Lines, ABIC Administrator at 295-8932 or Professor Lorilee Schneider, Director of Student Affairs at Schneider@gsu.edu.