View Bill 23-24-24

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
Approval(s):
Chancellor Approval: Awaiting approval
MHEC Approval: Awaiting approval
Presidential Approval: 03/15/2024
Related Files:


History

Reviewed By: Senate
Received: 02/28/2024
Decision Date: 03/06/2024
Decision: The Senate voted to approve this proposal.
Next Step: Presidential Approval, MHEC Approval, Chancellor Approval
Related Files:


Reviewed By: Senate Executive Committee (SEC)
Received: 02/14/2024
Decision Date: 02/21/2024
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:


Reviewed By: Programs, Curricula, & Courses (PCC) Committee
Received: 01/26/2024
Decision Date: 02/02/2024
Decision: The PCC committee voted to approve this proposal.
Next Step: SEC review.
Related Files: