Financial Risk Manager (FRM) Part 1 – 2021

Current Status

Not Enrolled

Price

147

Get Started

This course is currently closed

Course Content

Foundations of Risk Management (20%)

The Building Blocks of Risk Management

How Do Firms Manage Financial Risk?

The Governance of Risk Management

Credit Risk Transfer Mechanisms

Modern Portfolio Theory (MPT) and the Capital Asset Pricing Model (CAPM)

The Arbitrage Pricing Theory and Multifactor Models of Risk and Return

Principles for Effective Data Aggregation and Risk Reporting

Enterprise Risk Management and Future Trends

Learning from Financial Disasters

Anatomy of the Great Financial Crisis

GARP Code of Conduct

Quantitative Analysis

Fundamentals of Probability

Random Variables

Common Univariate Random Variables

Multivariate Random Variables

Hypothesis Testing

Linear Regression

Regression with Multiple Explanatory Variables

Regression Diagnostics

Stationary Time Series

Nonstationary Time Series

Measuring Returns, Volatility and Correlation

Simulation and Bootstrapping

Financial Markets and Products (30%)

Insurance Companies and Pension Plans

Fund Management

Introduction to Derivatives

Exchanges and OTC Markets

Central Clearing

Futures Markets

Using Futures for Hedging

Foreign Exchange Markets

Pricing Financial Forwards and Futures

Commodity Forwards and Futures

Options Markets

Properties of Options

Trading Strategies

Properties of Interest Rates

Corporate Bonds

Mortgages and Mortgage-Backed Securities

Interest Rate Futures

Valuation and Risk Models

Measures of Financial Risk

Calculating and Applying VaR

Measuring and Monitoring Volatility

External and Internal Credit Ratings

Country Risk: Determinants, Measures and Implications

Measuring Credit Risk

Operational Risk

Pricing Conventions, Discounting and Arbitrage

Bond Yields and Return Calculations

Applying Duration, Convexity and DV01

Modeling Non-Parallel Term Structure Shifts and Hedging

The Black-Scholes-Merton Model

Option Sensitivity Measures: The “Greeks”