| Professional Risk Manager (PRM) |
 |
|
Course Description
The Professional Risk Manager Program is a competitive exam that tests a professional’s competence in the field of risk management. Today’s risk professional is expected by regulators and shareholders alike to know and understand industry best practices and to be committed to using them. The PRM certification sends the message to stakeholders that you set the standards
|
|
 Finance Theory, Financial Instruments and Markets
- Risk and Risk Aversion
- Portfolio Mathematics
- Capital Allocation
- The CAPM and Multifactor Models
- Basics of Capital Structure
- The Term Structure of Interest Rates
- Valuing Futures and Forwards
- Principles of Option pricing
- Bonds
- Floating Rate Notes
- Futures and Forwards
- Swaps
- Options
- Credit Derivatives
- Caps, Floors, Swaptions
- Capital Markets
- Money Market
- Bond Markets
- FX Markets
- Stock Markets
- Futures Market
- Commodities Markets
- Power Markets
Risk Management Practices
- Duration and Convexity
- Cash Flow Map and PVBP Interest Rate Sensitivity
- Greeks of instruments and Portfolios
- Implied Volatility and Smile, Smirk
- Value-at-Risk(VaR)
- Calculation of VaR for Linear Portfolios
- Monte Carlo and Historical Calculation of VaR
- Market Risk Limits (stop-loss, exposure, VaR)
- Alternative Risk Measures
- Market Risk- RAROC & Economic Capital Allocation
- Operational Risk
- Overview of Credit Risk
- Actuarial Methods
- Exposure, Loss Given Default (LGD) and Expected Losses
- Rating Agencies and their Grades
- Settlement Risk and Netting Systems
- Marginal, Cumulative Default Risk
- Transition Matrix, Joint Transition Matrix and Correlated Migrations
- Recovery Rate Distributions
- Merton and KMV Models
- Credit Risk – RAROC & Economic Capital Allocation
|
Mathematical Foundations
- Foundations
- Descriptive Statistics
- Calculus
- Linear Mathematics and Matrix Algebra
- Probability Theory
- Regression
- Numerical Methods
|
|
Key Features
The Professional Risk Manager Program is a competitive exam that sends the message to stakeholders that you set the standards.
Duration: 5 Months with 12 Months Access
Course Outcome
Dual Certification from Everonn and Towson University
Course Fee: Rs.19500 |
|
|
|
|
|
|
