Research Center for Risk Management

(Financial) risks and their management are key issues for business and science. Paderborn University, in cooperation with companies in Ostwestfalen-Lippe, is actively promoting the current need for research in this area by establishing an independent teaching and research focus on "Risk Management".

The Center for Risk Management (CeRiMa) is a research centre within the Faculty of Business Administration and Economics with the aim of conducting practical risk management research. CeRiMa was founded in 2010 by Prof Dr Bettina Schiller and has been headed by Prof Dr André Uhde, Professor of Banking and Finance, since 1 April 2020. Since the winter semester 2011/12, CeRiMa has been involved in the faculty's range of courses with its own modules.

The research centre conducts empirical studies on risk management. In news research projects, the staff at the research centre are focusing in particular on methods for estimating key risk indicators as well as methods for measuring and quantifying dependency structures between different risk factors. The development of new methods to improve the measurement, quantification and evaluation of (financial) risks is also at the centre of research.

CeRiMa carries out contract research in the field of risk management for interested companies and supervises university theses on current risk management topics, which are carried out in co-operation with a practice partner. As part of its specialist lectures and workshops, the research centre offers companies an overview of scientific innovations in the field of risk management. Finally, close co-operation with practice is ensured through co-operation modules in university teaching, the awarding of teaching assignments and subject-specific practical lectures.