The Association of Bermuda International Companies (ABIC) has teamed up with Georgia State University to offer ABIC?s first ever $50,000 pos-graduate scholarship.

With the university?s Department of Risk Management and Insurance, the scholarship will give a Bermudian student pursuing graduate studies in insurance, actuarial science or risk management support of up to $50,000.

?This is an exciting addition to ABIC?s already extensive programme to support Bermudian students,? ABIC Education Awards Committee chairman Roy Fellowes said.

?This new initiative with Georgia State University broadens ABIC?s support to include students pursuing post-graduate insurance studies.

?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 US universities. The department specialises in understanding, quantifying, financing, and developing strategies for managing the risks faced by individuals, organisations, and society.

US News & World Report ranked the Robinson College of Business FLEX (part-time) MBA programme among the top ten in the US and since 1999 has ranked the risk management programme among the top five in the US.

More information regarding the department can be found at www.rmi.gsu.edu.

The ABIC Education Awards programme provides scholarships to Bermudian students pursuing higher education at accredited four-year, degree granting colleges and universities in studies connected primarily to international business to support of Bermuda?s infrastructure.

The deadline to apply for this award is February 1, 2007.

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