Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
Introduction to Risk Management online course is an intermediate course in Economics and Finance that surveys various techniques and concepts involving risk management. In this course, you will learn to describe and identify the sources and types of financial risks. Also, you will understand the importance of risk regulation in financial markets.
Introduction to Risk Management by edX requires you to have basic statistics, probability, and MS Excel skills. This course requires a time investment of about one to two hours per week for four weeks. However, there is no fixed schedule of lectures. You can access the lessons at any given time from any given part of the world.
The instructor for the Introduction to Risk Management syllabus is Anton Theunissen. He has over ten years of academic experience. His expertise includes market risk, asset pricing, financial mathematics, fixed income, and credit risk. At the end of the course. Candidates will be able to enroll in the course if they choose either of the two tracks, audit or the verified track to complete the course. The verified track will offer the students unlimited access to the materials of the course whereas the audit track will give only limited access to the course.
The Highlights
- Online intermediate course
- A course in Economics and Finance
- The course duration of four weeks
- Self-paced
- NYIF faculty
- Certification
- Study time one to two hours a week
Programme Offerings
- NYIF faculty
- Study time one to two hours per week
- A course in Economics and Finance
- Self-paced
- Online intermediate course
- Certification
- Course duration of four weeks
Courses and Certificate Fees
| Certificate Availability |
|---|
| no |
- Introduction to Risk Management programme certification fee is Rs. 8,264
Introduction to Risk Management fee structure
Course Name | Fee |
Introduction to Risk Management | Rs.8,264 |
Eligibility Criteria
Introduction to Risk Management training needs you to have basic probability and statistics and MS Excel skills before enrollment.
What you will learn
Introduction to Risk Management programme will make you proficient in:
- Differentiating between business risks and financial risks
- Identification and description of the sources and types of financial risks
- Differentiating between risk management and risk measurement
- Details about the US regulatory structure
- Identifying real-world violations on the assumptions of the ‘standard model’ that makes risk management value-enhancing to a firm.
- Exploring the negative externality of systemic risk
Admission Details
These are the steps for the Introduction to Risk Management certification programme admission process.
Step 1: Visit https://www.edx.org/course/introduction-to-risk-management. Click on ‘Register’ if you are a new user, else select ‘Sign In’.
Step 2: Create an edX account if you select ‘Register’. Otherwise, log in to the website.
Step 3: Return to the course page and select ‘Enroll Now’.
Step 4: Make the programme fee payment. Once the payment has been received, you can start the programme.
Application Details
Signing into the edX website is equivalent to filling the Introduction to Risk Management online course application form. You can either sign in with your accounts on social media or your edX account. EdX accepts Facebook accounts, Google accounts, Apple accounts and Microsoft accounts. Otherwise, you can create an online account. The details required are your email ID, your full name and the country where you reside. After that, choose a username and password to complete the process.
The Syllabus
Introduction
- Lesson 1: The Standard Model
- Lesson 2: Rationale for Risk Management
- Lesson 3: Management vs Management
Taxonomy of Risks
- Lesson 1: Overview: Types of Risk
- Lesson 2: Credit Risk
- Lesson 3: Liquidity Risks
- Lesson 4: Operational Risk
Money and Capital Markets
- Lesson 1: The Financial System
- Lesson 2: US Regulatory Structures
- Lesson 3: JPM Oversight
- Lesson 4: UK vs EU Regulatory Structure
Risk Concepts
- Lesson 1: Introduction to Loss Distribution
- Lesson 2: Components of Risk Model
- Lesson 3: Profit and Loss
- Lesson 4: Risk Measures
- Lesson 5: Quantiles
- Lesson 6: Value at Risk
- Lesson 7: Expected Shortfall
- Lesson 8: Historical Loss Distribution
- Lesson 9: Parametric VaR- t Approximation
- Lesson 10: Coherent Risk Measures
- Lesson 11: Critique of VaR
- Lesson 12: Stress Testing
Instructors
New York Institute of Finance, New York Frequently Asked Questions (FAQ's)
No. The Introduction to Risk Management course doesn’t allow free auditing.
No, there is only a sign-up sheet.
The prerequisites include basic skills in MS Excel, probability and statistics.
Anton Theunissen from NYIF will teach the Introduction to Risk Management course.