Wednesday, July 19, 2017

MAGR Curriculum Provides Students Ideal Setting to Learn and Test Qualitative and Quantitative Approaches Towards Understanding Risk and Uncertainty

The Master of Arts in Global Risk (MAGR) is an intensive 13-month, cohort-based program offered at SAIS Europe, which gives students the necessary skills to become experts in the field of risk. Students spend ten months in the classroom and three months completing the capstone project, which can be fulfilled by working an internship or by writing a 10,000-words original research paper. 

Following her academic year at SAIS Europe, Angelina Magal, a student in the program's first cohort, is doing her summer internship at Philips, in The Netherlands. Below are Angelina’s reflections on the experience.

Angelina Magal
I was offered the opportunity work on a project at Philips, where I am interning with the Risk Management, Markets and Business Development support (RMMBDs) team. RMM&BDs supports and advises Country and Markets on the proactive identification, prioritization and mitigation of risks (strategic, operational, financial, compliance) related to new business-models, solutions, strategic partnerships and entry strategies in high-risk countries. The internship is four months long and based in the Philips headquarters in Amsterdam, The Netherlands.

During the academic year, we covered qualitative and quantitative approaches towards understanding risk and uncertainty. My summer internship is an ideal setting to apply these skills in a business context.  One of the most interesting takeaways from this experience is that the MAGR degree ultimately provides you with a holistic, multifaceted understanding of risk. I constantly combine a variety of skills, methodologies, and theories that are sourced from the different classes I took.  For example, when analyzing country risks, I draw upon knowledge from economics and international relations courses for the overall context. However, to tailor my assessment towards Philips in particular, I simultaneously utilize the ability to incorporate “point of view” in risk assessment, and depend on a thorough understanding of corporate finance.

Amsterdam, The Netherlands
The environment in the RMMBDs team is engaging and supportive, and everyone brings a self-motivated, collaborative and positive attitude to the office.  This atmosphere is pervasive throughout Philips, and I am looking forward to the remainder of the internship.

Angelina Magal
MAGR Student
SAIS Europe 2017

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