Introduction to Risk Management

Introduction to Risk Management

This course is part of Risk Management Specialization

Instructors: Joseph Iraci

59,148 already enrolled

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6 modules

Gain insight into a topic and learn the fundamentals.

854 reviews

Beginner level

Recommended experience

Flexible schedule

2 weeks at 10 hours a week

Learn at your own pace

97%

Most learners liked this course

6 modules

Gain insight into a topic and learn the fundamentals.

854 reviews

Beginner level

Recommended experience

Flexible schedule

2 weeks at 10 hours a week

Learn at your own pace

97%

Most learners liked this course

What you'll learn

Differentiate between financial and business risks
Examine the key concepts and factors of risk measurement
Understand the application of risk modeling
Understand the principles of risk management

Skills you'll gain

Details to know

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Assessments

4 assignments

Taught in English

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This course is part of the Risk Management Specialization

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There are 6 modules in this course

What is risk? Why do firms manage risk? In this course, you will be introduced to the different types of business and financial risks, their sources, and best practice methods for measuring risk. This course will help you gauge different risk types and set risk limits, describe the key factors that drive each type of risk, and identify the steps needed to choose probability distributions to estimate risk. You will explore the history and development of risk management as a science, and financial and business trends that have shaped the practice of risk management. By the end of the course, you will have the essential knowledge to measure, assess, and manage risk in your organization.

This course will introduce you to different types of business and financial risk. You will learn how these risks are measured and also gain an understanding of the goals and benefits of risk management. The skills that you will gain by the end of this course will enable you to measure and manage risk in your organization.

What's included

1 video4 readings1 discussion prompt1 plugin

In this module, you will learn about financial and business risks. You will also get introduced to the various types of financial risks and learn about their sources and how firms manage risks. We'll also look at the difference between risk measurement and risk management. Let's get started.

What's included

2 videos2 readings1 assignment3 discussion prompts

2 videosTotal 9 minutes

What is Risk?4 minutes
Measuring Different Types of Risk5 minutes

2 readingsTotal 310 minutes

Global Financial Stability Report 2026300 minutes
Understanding Liquidity Risk10 minutes

1 assignmentTotal 30 minutes

Graded Assessment 0130 minutes

3 discussion promptsTotal 30 minutes

Key Takeaways10 minutes
Liquidity Risk Discussion10 minutes
Risk Management10 minutes

In this module, you will learn about the four main types of financial risk. You will then learn about the best measures to use to gauge different risk types and set risk limits. You will also learn how investment managers maximize portfolio returns while keeping risk within their tolerances and then apply these techniques to a portfolio you will construct.

What's included

10 videos1 reading1 assignment6 discussion prompts

10 videosTotal 46 minutes

Market Risk2 minutes
Measuring Market Risk 4 minutes
Portfolio Construction 6 minutes
Capital Asset Pricing Model (CAPM)4 minutes
Introduction 5 minutes
Pre-Settlement and Settlement Risk2 minutes
Credit Risk Components2 minutes
Overview of Credit Risk 6 minutes
Introduction to Operational Risk9 minutes
Introduction to Enterprise Risk7 minutes

1 readingTotal 10 minutes

Financial Theory10 minutes

1 assignmentTotal 60 minutes

Graded Assessment 0260 minutes

6 discussion promptsTotal 65 minutes

What's on your mind?10 minutes
Clarifications10 minutes
Risk Culture10 minutes
Comparison between Operational, Market, and Credit Risk10 minutes
Capital Reserves15 minutes
Key Takeaway10 minutes

In this module, you will learn the difference between Money and Capital markets. You will also learn to differentiate among the 3 regulatory structures - US, UK, and EU and understand how regulatory structures impact your firm.

What's included

5 videos2 readings1 assignment3 discussion prompts

5 videosTotal 11 minutes

The Financial System2 minutes
Money and Capital Markets1 minute
US Regulatory Structures5 minutes
UK Regulatory Structures1 minute
EU Regulatory Structures2 minutes

2 readingsTotal 190 minutes

Global Risk Management Survey 180 minutes
Basel Committee10 minutes

1 assignmentTotal 30 minutes

Graded Assessment 0330 minutes

3 discussion promptsTotal 30 minutes

Understanding Financial System10 minutes
Money v/s Capital Markets10 minutes
Centralized v/s Decentralized Regulatory Regimes10 minutes

In this module, you will learn about the factors that drive each type of risk and then use these factors to create distributions (density functions). You will explore non-parametric measures of loss distributions such as scenario analysis and stress testing.

What's included

5 videos2 readings1 assignment2 discussion prompts

5 videosTotal 23 minutes

What is Scenario Analysis?2 minutes
Scenario Example 4 minutes
What is Stress Testing?2 minutes
Purpose of Stress Testing4 minutes
Case Study: When Unconventional Becomes Conventional12 minutes

2 readingsTotal 20 minutes

RMA_Emerging Risks and Liquidity 10 minutes
RMA_Negative Rates10 minutes

1 assignmentTotal 30 minutes

Graded Assessment 0430 minutes

2 discussion promptsTotal 20 minutes

Understanding Scenario Analysis10 minutes
Module Wrap Up10 minutes

You've come to the end of the course. Let's wrap up with a quick summary of the key takeaways of this course.

What's included

1 video1 reading1 discussion prompt1 plugin

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Instructors

Instructor ratings

(261 ratings)

Joseph Iraci

New York Institute of Finance

1 Course59,148 learners

Jack Farmer

New York Institute of Finance

13 Courses186,851 learners

Offered by

New York Institute of Finance

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Reviewed on Jan 19, 2024

Mr. Iraci was a wonderful instructor who was easy to follow and went at a good pace. He displays credibility as an authority on the subject matter.

Reviewed on Jul 16, 2025

The learning material is easy to understand because it is assisted by video presentations and there is also a test after the material is given.

Reviewed on Jun 4, 2023

It was amazing, however, when it comes to equations and formulas, I would like to have a more clear explanation, perhaps a en example on practical usage. Thank you

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