Introduction to Risk Management

Introduction to Risk Management

This course is part of Risk Management Specialization

Instructors: Joseph Iraci

Access provided by Seminole State College

54,815 already enrolled

6 modules

Gain insight into a topic and learn the fundamentals.

843 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.

843 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

When you enroll in this course, you'll also be enrolled in this 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 videos Total 9 minutes

What is Risk? 4 minutes
Measuring Different Types of Risk 5 minutes

2 readings Total 310 minutes

Global Financial Stability Report 2018 300 minutes
Understanding Liquidity Risk 10 minutes

1 assignment Total 30 minutes

Graded Assessment 01 30 minutes

3 discussion prompts Total 30 minutes

Key Takeaways 10 minutes
Liquidity Risk Discussion 10 minutes
Risk Management 10 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 videos Total 46 minutes

Market Risk 2 minutes
Measuring Market Risk 4 minutes
Portfolio Construction 6 minutes
Capital Asset Pricing Model (CAPM) 4 minutes
Introduction 5 minutes
Pre-Settlement and Settlement Risk 2 minutes
Credit Risk Components 2 minutes
Overview of Credit Risk 6 minutes
Introduction to Operational Risk 9 minutes
Introduction to Enterprise Risk 7 minutes

1 reading Total 10 minutes

Financial Theory 10 minutes

1 assignment Total 60 minutes

Graded Assessment 02 60 minutes

6 discussion prompts Total 65 minutes

What's on your mind? 10 minutes
Clarifications 10 minutes
Risk Culture 10 minutes
Comparison between Operational, Market, and Credit Risk 10 minutes
Capital Reserves 15 minutes
Key Takeaway 10 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 videos Total 11 minutes

The Financial System 2 minutes
Money and Capital Markets 1 minute
US Regulatory Structures 5 minutes
UK Regulatory Structures 1 minute
EU Regulatory Structures 2 minutes

2 readings Total 190 minutes

Global Risk Management Survey 180 minutes
Basel Committee 10 minutes

1 assignment Total 30 minutes

Graded Assessment 03 30 minutes

3 discussion prompts Total 30 minutes

Understanding Financial System 10 minutes
Money v/s Capital Markets 10 minutes
Centralized v/s Decentralized Regulatory Regimes 10 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 videos Total 23 minutes

What is Scenario Analysis? 2 minutes
Scenario Example 4 minutes
What is Stress Testing? 2 minutes
Purpose of Stress Testing 4 minutes
Case Study: When Unconventional Becomes Conventional 12 minutes

2 readings Total 20 minutes

RMA_Emerging Risks and Liquidity 10 minutes
RMA_Negative Rates 10 minutes

1 assignment Total 30 minutes

Graded Assessment 04 30 minutes

2 discussion prompts Total 20 minutes

Understanding Scenario Analysis 10 minutes
Module Wrap Up 10 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

(259 ratings)

Joseph Iraci

New York Institute of Finance

1 Course 54,815 learners

Jack Farmer

New York Institute of Finance

13 Courses 176,472 learners

Offered by

New York Institute of Finance

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Reviewed on Aug 31, 2023

Joe was an amazing educator. He is highly knowledgeable, and I understood the information he presented. I would recommend this course!

Reviewed on Mar 28, 2022

Introduction to Risk Management is very useful subjet for our feature,it helps in our business,companies,industries and also lifes

Reviewed on Mar 11, 2023

This is one of the most interesting courses I have experienced. Well done to the instructor in the compilation and presentation of the course. Highly appreciated.

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