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
Risk Management Tools and Practices online course is an intermediate course that introduces you to various concepts in risk management techniques. These techniques include management of assets and liabilities, integrated risk management and using standard hedging instruments. The course has five modules, each dedicated to a vital topic on risk management. These topics include Model risk, Risk reporting, Asset and liability management, Liquidity and operational risk management, and Risk management tools.
Risk Management Tools and Practices by edX is a four-week course and requires a weekly investment of one to two hours to complete. There are no time-bound sessions. You can listen and learn from the video lessons at your convenience.
Risk Management Tools and Practices is a course in the economics and finance category. The course is part of the Risk Management Professional Certificate series and will be taught by Anton Theunissen. The candidates will have the option of selecting any of the two self-paced tracks namely audit and verified track. During the audit track, the students get free but limited course material access. Whereas during the verified track, access is unlimited but the candidates will have to pay some amount of fees.
The Highlights
- Online certification course
- Economics and Finance category
- Self-paced learning
- Intermediate course with English videos and transcripts
- A weekly time investment of one to two hours
- Programme duration four weeks
- Taught by New York Institute of Finance faculty
Programme Offerings
- Intermediate course with English videos and transcripts
- Programme duration four weeks
- Economics and Finance category
- Weekly time investment of one to two hours
- Online Certification Course
- Taught by New York Institute of Finance faculty
Courses and Certificate Fees
| Certificate Availability |
|---|
| no |
- Risk Management Tools and Practices programme has a course fee of Rs. 29,251
Risk Management Tools and Practices fee structure
Course Name | Fee |
Risk Management Tools and Practices | Rs. 29,251 |
Eligibility Criteria
Before you join the Risk Management Tools and Practices training, make sure that you have basic skills in MS Excel, Probability and Statistics.
What you will learn
Risk Management Tools and Practices programme will give you information on the following concepts:
- What is a basic risk, the basis and sources of basic risk and basic risk involved while hedging in futures?
- Explaining what cross hedging is, the minimum variance hedge ratio, and the hedge's effectiveness.
- Learning how to change a stock portfolio’s beta by using futures contracts in stock market indexes.
- Understanding protective put strategies and covered calls.
- Understanding various strategies in options spread, their pay-offs and purposes.
- Defining a typical commercial bank’s ALM function.
- Defining regulatory capital, economic capital and risk capital. This includes comparison and contrasts between the three terms.
- Understanding the balance sheet risks associated with duration gaps and funding gaps.
- Defining and interpreting what is the optimal number of futures contracts needed for hedging an exposure. This includes 'tailing the hedge' adjustment.
Admission Details
Step 1: Take a look at the course details of the Risk Management Tools and Practices certification programme at https://www.edx.org/course/risk-management-tools-and-practices.
Step 2: Next, locate the ‘Enroll Now’ option and select it.
Step 3: Use your edX account or any applicable social media account to enroll in the course. Else, create an edX account.
Step 4: Make the fee payment. Once your payment has been received by edX, you may begin.
Application Details
Risk Management Tools and Practices online course has a straightforward application form. All you need to do is sign up or sign in on the edX website. There are three ways to do this. First, you can create an account on edX by entering your country of residence, an email address and your full name. Then choose a password and unique username. If you are not keen on account creation, the second option is to use your Microsoft/ Apple/ Google/ Facebook account to sign in. Lastly, if you already are an edX user, sign in with your account, and you are good to go.
The Syllabus
- Lesson 1: Profit distribution
- Lesson 2: Risk by risk factor
- Lesson 3: Risk over time
- Lesson 1: Sources of model risk
- Lesson 2: VaR backtesting
- Lesson 3: VaR exceptions
- Lesson 4: VaR exposure monitoring
- Lesson 1: Equity swaps
- Lesson 2: Hedging with index futures
- Lesson 1: Liquidity
- Lesson 2: Liquidity risk
- Lesson 3: Operational risk management
- Lesson 1: Interest rate risk
- Lesson 2: Duration gap risk
- Lesson 3: Balance sheet immunisation
- Lesson 4: Duration gap vs Funding gap
- Lesson 5: Banking book vs Trading book
- Lesson 6: ALM governance
Instructors
New York Institute of Finance, New York Frequently Asked Questions (FAQ's)
Yes, Risk Management Tools and Practices course is part of the ‘Risk Management’ certification course series.
Yes. Risk Management Tools and Practices has an exclusive module on asset and liability management.
Yes. The course is 100% digital. So you can attend it from any part of the world.
Yes. To join the Risk Management Tools and Practices programme, you need to have basic probability, statistics, and MS Excel skills.