In recent years, the globalization of financial markets, the emergence of international banking regulations and the rapid growth of new sophisticated products have dramatically elevated the role risk management plays in an organization. The Financial Risk Manager (FRM) exam leads to the Financial Risk Manager Certification - a prestigious designation granted by Global Association of Risk Professionals (GARP) since 1997. GARP certifies Risk professionals, Practitioners & Regulators as eligible for independent risk management analysis and decision making for the benefit of the company and its investors. 12 months access. Instructor supported.
Curriculum
Quantitative Analysis
1. Time Value of Money
2. Logarithms & Exponents
3. Probability Distribution
4. Fundamentals of Statistics I
5. Fundamentals of Statistics II
6. Forecasting Correlation and Volatility
7. Extreme Value Theory-Basic Principles
8. Monte Carlo Methods
Market Risk Measurement and Management
9. Bond Markets
10. Bond Pricing
11. Bond Price Volatility
12. Yield Measures
13. Yield Curve Analysis
14. Introduction to Derivatives
15. Options-I
16. Options-II
17. Fixed-Income Derivatives
18. Equity Markets
19. Equity Derivatives
20. Equity Risk
21. Currency Risk and Currency Markets
22. Commodity Risk and Commodity Derivatives
23. Fixed Income Risk
24. Emerging Market Risk
25. Identification of Risk Factors
26. Introduction to Market Risk Management
27. VaR Methods
28. Stress Testing
29. Modeling Risk Factors
30. Risk Budgeting
31. Hedging Linear Risk
32. Non-linear Risk-Options
33. Measuring and Managing Corporate Exposures
Credit Risk Measurement and Management
34. Introduction to Credit Risk
35. Default Risk
36. Counterparty Risks
37. Credit Ratings and Migration
38. Netting
39. Margin and Collateral Requirements
40. Portfolio Credit Risk
41. Credit Derivatives
42. Conceptual Approaches to Credit Risk Modeling
43. Actuarial Approach and CreditRisk+
44. Contingent Claim Approach and the KMV Model
45. Credit Migration, Transition Matrices and CreditMetrics
46. McKinsey CreditPortfolioView
47. Special Purpose Vehicles
Operational and Integrated Risk Management, Legal, Accounting and Ethics
48. Operational Risk
49. Integrated Risk Management
50. Risk Capital
51. Legal Risk
52. Model Risk
53. Basel Market Risk Amendment
54. Securitization and SPVs
55. Basel New Capital Accord- An Overview
56. Internal Ratings Based Approach
Risk Management and Investment Management
57. Traditional Investment Risk Management
58. Risk Budgeting and Setting Risk Limits
59. Risk Management Issues of Pension Funds
60. Hedge Fund Risk Management - 1
61. Hedge Fund Risk Management - 2
Exam Section
• Prelim Exam
• Mock Exam
• Previous Exam Papers
Elearning Features
ProTrain, in partnership with Kesdee, offer state-of-the art simulated learning environment. Exhaustive theoretical material supplemented with contemporary case studies
Learner friendly courses with:
> Formulae, definitions and concise summaries
> Interactive simulations
> Solved examples, practice exercises and quizzes
> Mock exams from proprietary database
> Timed tests in exam format
> Personalized results for self assessment
> Glossary, FAQs, Pocket Reference
> Valuable reference extracts
Other features include:
> E-mail subject-matter expert
> Online with 24x7 customer support
> Close adherence to GARP prescribed guidelines