Senate Bill 23-24-24
| Bill ID: | 23-24-24 |
| PCC ID: | 23068 |
| Name: | PCC Proposal: Establish a Master of Science in Climate Finance and Risk Management |
| Proposed: | 02/02/2024 |
| Sponsor: | PCC Committee |
| Proposal: | The Robert H. Smith School of Business proposes to establish a Master of Science in Climate Finance and Risk Management. This program will focus on the financial concepts, techniques, models and data critical to conducting financial analysis of climate change. Students will learn about the strengths and weaknesses of climate and various socioeconomic models used for portfolio allocation and investment, risk management and mitigation decisions, and financial disclosure. Emphasis will be on building students' applied skills that can readily be leveraged by companies, governmental agencies, and non-governmental organizations in tackling climate change. The program will be 30 credits, with 12 credits of required courses and 18 credits of elective courses. Students will take core courses in the fundamentals of financial analysis, economic analysis of climate policy, climate and integrated assessment models and data, and valuation and financing of climate projects. Elective courses will further explore issues such as carbon accounting and financial disclosures, climate risk management techniques including scenario and stress test methodologies, and climate-related portfolio investment analysis. |
| Active? | Yes |
Status
| Status: | Pending Approval |
| Related Files: |
| Status: | Complete |
| Reviewer: | Senate |
| Received: | 2024-02-28 |
| Decision Date: | 2024-03-06 |
| Decision: | The Senate voted to approve this proposal. |
| Next Step: | Presidential Approval, MHEC Approval, Chancellor Approval |
| Related Files: |
| Status: | Complete |
| Reviewer: | Senate Executive Committee (SEC) |
| Received: | 2024-02-14 |
| Decision Date: | 2024-02-21 |
| Decision: | The SEC voted to place the proposal on the agenda of the March 6, 2024 Senate meeting for consideration. |
| Next Step: | Senate review. |
| Related Files: |
| Status: | Complete |
| Reviewer: | Programs, Curricula, & Courses (PCC) Committee |
| Received: | 2024-01-26 |
| Decision Date: | 2024-02-02 |
| Decision: | The PCC committee voted to approve this proposal. |
| Next Step: | SEC review. |
| Related Files: |