The Professional Risk Manager Program is a competitive exam that tests a professional’s competence in the field of risk management.  This program is certified by The Professional Risk Managers’ International Association (PRMIA). Visit their website www.prmia.org.   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.  ProTrain in partnership with Kesdee, with its expertise in developing online tutorials for certification exams, has developed ePRM Coach, a comprehensive self-study guide for the Professional Risk Manager (PRM).  12 months access.  Instructor supported

Curriculum

Finance Theory, Financial Instruments and Markets

1. Risk and Risk Aversion

2. Portfolio Mathematics

3. Capital Allocation

4. The CAPM and Multifactor Models

5. Basics of Capital Structure

6. The Term Structure of Interest Rates

7. Valuing Futures and Forwards

8. Principles of Option pricing

9. Bonds

10. Floating Rate Notes

11. Futures and Forwards

12. Swaps

13. Options

14. Credit Derivatives

15. Caps, Floors, Swaptions

16. Capital Markets

17. Money Market

18. Bond Markets

19. FX Market

20. Stock Markets

21. Futures Market

22. Commodities Markets

23. Power Markets    

Mathematical Foundations

24. Foundations

25. Descriptive Statistics

26. Calculus

27. Linear Mathematics and Matrix Algebra

28. Probability Theory

29. Regression

30. Numerical Methods

Risk Management Practices

31. Duration and Convexity

32. Cash Flow Maps and PVBP Interest Rate Sensitivity

33. Greeks of Instruments and Portfolios

34. Implied Volatility and Smile, Smirk

35. Value-at-Risk (VaR)

36. Calculation of VaR for Linear Portfolios

37. Monte Carlo and Historical Calculation of VaR

38. Market Risk Limits (stop-loss, exposure,VaR)

39. Alternative Risk Measures

40. Market Risk- RAROC & Economic Capital Allocation

41. Operational Risk

42. Overview of Credit Risk

43. Actuarial Methods

44. Exposure, Loss Given Default (LGD) and Expected Losses

45. Rating Agencies and their Grades

46. Settlement Risk and Netting Systems

47. Marginal, Cumulative Default Risk

48. Transition Matrix, Joint Transition Matrix and Correlated Migrations

49. Recovery Rate Distributions

50. Merton and KMV Models

51. Credit Risk- RAROC & Economic Capital Allocation

CASE STUDIES, PRMIA STANDARDS OF BEST PRACTICE

52. Barings

53. Metallgesellschaft

54. LTCM

55. World Com

56. Credit Lyonnais

57. Bankers Trust

58. Daiwa Bank

59. Continental Illinois

60. Orange County

61. US Savings & Loan Crisis

62. Bankgesellscaft Berlin

63. California Power Crisis

64. Riggs Bank

65. National Australia Bank

66. Group of 30 Study

67. PRMIA Standards of Best Practice, Conduct and Ethics

68. PRMIA Bylaws

Exam Sections

·         Prelim Exam

·         Mock Exam

Elearning Features

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 PRMIA prescribed study guide