K-State students in elite risk management program gain real-world knowledge during Scoular visit

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OMAHA, Nebraska (Nov. 10, 2021) – Great college classes are filled with curiosity, questions and a wide-open discussion.

That was the atmosphere Tuesday when 30 Kansas State University students studying integrated risk management visited Scoular’s global headquarters in Omaha to hear from company leaders. The students are fellows in the university’s Center for Risk Management Education & Research, one of the nation’s leading multidisciplinary university risk centers, emphasizing hands-on engagement with industry partners. Now in its tenth year, the center equips students with the knowledge to identify, quantify and manage complex market and business risks.

During Tuesday’s discussion, Scoular CEO Paul Maass shared with students how he began his career trading commodities and how that work provided valuable experience in risk management. Students asked questions about topics ranging from container shipping to technology to global grain markets. They also learned about Scoular’s sustainability and diversity and inclusion efforts, including Scoular’s employee resource group, Scoular Women Influencing Culture.

The students said Scoular leaders provided valuable insights.

“Our visit to Scoular helped me to understand more about the issues facing the ag industry and where the future of ag is going,” said Michaela Forst, a senior majoring in agriculture economics and global food systems leadership.

Only the most highly qualified students are invited to participate in the risk program through a competitive application process. The joint effort of K-State’s Agricultural Economics, Finance, and Industrial and Manufacturing Systems Engineering Departments serves graduate and undergraduate students representing majors from across the university.

Executive partners such as Scoular support student stipends, travel costs, educational events and research projects.

Kansas State University genuinely thanks Scoular for the generous sponsorship of our risk management program,” said Ted Schroeder, the center’s director. “Scoular is an exceptional partner and through their generosity, together with that of other affiliates, we are offering a truly unique educational opportunity advancing student risk management knowledge.” 

Scoular Senior Vice President Ed Prosser serves as the chair of the center’s advisory committee.

“The collaboration between business and the university is what makes this experience unique for the students,” Prosser said. “The students gain real-world connections and perspectives from the companies, while the companies provide insight on curriculum. And the best benefit of all? The companies get to know some of the brightest students in the country interested in risk.” 

For more information on the Center for Risk Management Education & Research, contact Managing Director Emily Warriner at emily20@ksu.edu.

About Scoular

Scoular is an employee-owned, $6B agribusiness leading the way since 1892. We buy, sell, store, handle and process grain and ingredients by leveraging our global networks and expertise in international trade and transportation. Employing more than 1,000 people in more than 100 offices and facilities in North America and Asia, we provide safe and reliable solutions to farmers, grain processors, renewable energy producers and manufacturers of animal feed, aquafeed and pet food as well as food, beverages and supplements.

 

 

 

 

 

 

 

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