Archive for November, 2011

Stay Motivated for Learning

November 25th, 2011

Many learners experience periods of low motivation at various points during their studies, which can become a significant obstacle for individuals who have no idea how to handle it.

There are several possible causes for lethargy that might creep in to your chance to learn, and some can happen to be away from control.

Perhaps you’ve received some negative feedback from the tutor, or else you just can’t get your head around a complex topic. Should you study part-time, or via distance or online courses, you face the additional challenge to remain motivated without the accountability imposed by a classroom of peers or perhaps a tutor’s supervision.

It’s all too easy to slip into the feeling that study is a chore – something imposed upon you that you have to endure. This is a very limiting mindset to allow yourself get into. Many times, it implies that you haven’t fully engaged intellectually or emotionally with either the subject you’re studying or the process of studying itself.

Largest for your low ebb, there are lots of techniques that will help you stay motivated, and keep college fresh and engaging. Here are some tips that I’ve acquired along my learning career.

Location, location, location

Could it be really necessary for you to be tethered to that desk in the library or perhaps in your bedroom constantly? Could you be more adventurous? Most cities and towns have plenty of coffee shops, gardens, museums along with other public spaces which make colourful and inspiring places to review.

Got a hefty paper to trawl through? Read it within tree inside a beautiful park. In the final year of my PhD I wrote the bulk of my dissertation in a quiet seafront cafe in Cape Town, South Africa. With laptops and tablet pc’s becoming more and more portable, you really can take your work along with you almost anywhere. A change of study environment can be liberating and refreshing.

Peer support

Nothing raises motivation just like a shared goal, and it is simple to underestimate the importance of engaging with fellow learners during your course. This can present special challenges for distance learners, but many e-learning colleges now offer online forums and social spaces where you can interact with other students. You’ll be surprised to discover just how much better you feel just understanding that ‘bigspecs23′ in Ohio was also up till 3 a.m. writing her assignment yesterday!

In case your learning provider hasn’t created a web-based social space for students, why don’t you suggest it for them? Alternatively, try starting a Facebook group for others studying your subject.

Don’t drift away

Isolation can be a significant problem for graduate students. Depending on the structure of the specific programme, your Masters or PhD work might make you completely absorbed inside your solitary research bubble without regular classes to attend. Soon, you stop bothering to get in to your Department at all, and before you know it you’re feeling distanced and estranged.

It is essential to make an effort to get in to your Department on a regular basis, even when it’s just to possess morning coffee with other students and staff. Become an energetic person in the graduate student group when there is one. If there is not, think about starting one. Anything you do, stay engaged.

What am I doing here anyway?

There often comes a period, usually in the second or third quarter of your study programme, when you find yourself questioning whether it’s all worth it. Within the heat of your daily struggle with assignments, tutorials and exams, it’s all too easy to get rid of touch together with your original causes of embarking upon your studies.

Recognition and Standard of PRM, FRM, and ERP

November 25th, 2011

It’s very hard to ensure that the individuals you hire into your organization have a recognized standard of data, experience, and competency. You can certify internally, but this kind of program does not have much meaning beyond your organization. That’s why it’s essential to look for external certification sources. And in the situation of risk management, the three certifications are highly visible, recognized, and set standards that will most likely improve your organization. Let’s look at the way the PRM, FRM, and ERP standards look, and then discuss how those standards might impact your organization.

First, the Professional Risk Manager certification from PRMIA seems to have a high level of recognition throughout the industry. PRMIA defines its certification because the “benchmark” in global risk management. To begin with, the organization gives partial credit toward certification if you hold another designation, such as Actuarial Fellow, Actuarial Associate, or Chartered Financial Analyst (CFA), to name a few. This type of recognition implies that the PRMIA puts its certification around the degree of other well-known certifications. As this type of reciprocal arrangement exists, you can rest assured that the standard of excellence is high. The PRM certification carries recognition by universities, including the University of Toronto, Technical University of Munich, NYU, in addition to a group of faculty who represent the Sorbonne, the Ecole Polytechnique, and the Universite Paris Dauphine.

The PRM designation is used within 80 countries, which is, according to PRMIA, a lot more than any of the other risk management designations. This also indicates a high level of portability for the certification, which means your organization can easily benefit if it’s international in scope or is planning expansion. The PRM certification is also endorsed by a few of the best-known companies in the industry, such as the Canadian Securities Institute, Algorithmics, Lombard Risk, Ernst and Young and SunGard Trading and Risk Systems. These industry relationships might help your business obtain a firmer footing in the market.

Regarding standards, the PRM stands out due to the exam format, which is designed from a database. This format helps to ensure that an expert cannot pass test with weaknesses in a areas. If he or she intends to pass, he or she must be highly prepared in a area while there is no way to calculate in which the database will pull questions for the individual exam. The exam prep handbook happens to be being used in 105 countries and is a typical reference guide in 23 from the world’s largest banks. Plus, the exams may be used to test knowledge areas without going to full certification. For instance, you could have people in a certain department take the exams that most closely relate to their expected competencies. It’s obvious that the PRM designation is well known for its high standards.

The FRM designation from GARP also carries high standards and recognition. GARP reports that recruiters and hiring managers are actually actively looking for these certificate holders in order to fill senior risk management positions. Because of the current economic climate, this is really a plus in the recognition column. FRM holders make up a reasonably elite group, having slightly less than 18,000 members worldwide. This creates a highly recognizable standard as well as a useful network. For example, GARP reports that its 2008 candidates represented 36 industry sectors and were working in 168 from the Fortune 500 companies. A person who receives the certification can also add the “FRM” towards the end of their name, along with a potential candidate can even submit a resume to ascertain if she or he qualifies for that experience requirement.

The ERP designation carries a lot of the same standard and recognition because the FRM certification, including the network of worldwide certificate-holders. However, one of the most revealing elements of the ERP certification is the fact that GARP is planning for a continuing education requirement for its holders. Continuing education requirements ensure that certificate holders have current knowledge. Think about the state bar associations or even property and appraisal professionals in the U.S. If an individual obtains a certification with a continuing education requirement, he or she is signifying a readiness to consistently work to keep up with the certification and also to continually uphold the standards required from the certification.

Why is recognition and standard important for your business? Consider the value that a recognized certification brings. The certification certainly provides value for the shareholders, stakeholders, and customers. As well as in this financial environment, any kind of value and standard will probably be vital to the survival from the organization. Plus, an accepted standard may even bring regulatory value. Quite simply, regulators are searching for proof that financial organizations are actively finding methods to maintain the highest knowledge, ethics, and accountability. With regards to your leadership pool, a certification is of definite value. As you bring certified professionals in or certify your existing associates, your pool of qualified candidates grows. This pool not just possesses the competencies that are stated by the program, but also some implied competencies that come with self-guided certification programs.