IIM Kozhikode | Professional Certificate Program in Applied Financial Risk Management

7 months / Live & interactive / Weekend classes / Batch 3

Course Snapshot
  • FeeINR 1,00,000+ GST
  • Work Experience5 - 30 Years
  • Duration7 Months
  • Delivery MethodOnline
  • Course Starts On21 Apr 2021
Course Detail

Program overview
Professionals in Financial Institutions and Corporates need a solid understanding of financial risk measurement and management. This course is designed to introduce various risk management concepts, tools, and techniques. Using an integrated approach, the course will emphasize on the design and implementation of risk management practices in financial institutions. It also deals with the mathematical ideas and the algorithms behind the construction of models for analyzing and managing risk in financial markets. Basically, this course purports to familiarize students with and deepen their understanding of modern risk management concepts, theories, practices and trends.

Programa Features
- Practical and application oriented knowledge
- Hands on exposure to various financial models and tools
- Learn to measure, manage & evaluate financial risks
- Implement Risk Management practices in your Organization
- Certificate of Completion from IIM Kozhikode

Key Takeaways
At the end of this course, the participants will be able to:
- Understand the relationship between risk and reward and explain how incentives can impact risk management
- Appreciate and understand the basic challenges in measuring and managing risk
- Evaluate and apply tools and procedures used to measure and manage financial risk

Who should attend
- Working professionals aspiring to grow into senior roles like risk consulting, financial risk management etc.
- Finance professionals who are interested in learning practical application of Risk Measurement techniques
- Unit Heads and Managers who desire to gain a deeper understanding of Financial Risk Management
- Business Analysts who are involved in doing quantitative risk measurement

About IIM Kozhikode
IIM Kozhikode is the fifth Indian Institute of Management, founded by Government of India in collaboration with Government of Kerala at Calicut in the year 1996. IIMK also holds the credit for having pioneered the Interactive Distance Learning (IDL) Program for working executives in India. Having started with 300 class contact hours in 2001-02, the year-long Executive Management Education Programme is today the richest available in the country having 450 class contact hours. The Institute today is a leader in Faculty Development Programmes (FDP) and is the major QIP (Quality Improvement Programme) Centre of the All Indian Council of Technical Education, in the field of management education.
IIMK is also one of the few Centres for Development of Digital Libraries in the world and is a country leader. The Institute also has a strong International Exchange Programme for students and faculty with several leading Management Institutes in EU and ASEAN countries like SDA, Bacconi, Jonkoping, Sweden, Copenhagen Business School, Denmark, ESCAP-EAP, France; University of Queensland, Austria, Victoria University of Wellington and so on.

Course Schedule

Schedule of Classes: 3 hours every Sunday from 3.00 pm to 6.00 pm IST

Desired Candidate Profile

- For Indian Participants: Graduates (10+2+3) or Diploma Holders (only 10+2+3) from a recognized university (UGC/AICTE/DEC/AIU/State Government) in any discipline.
- For International Participants: Graduation or equivalent degree from any recognized University or Institution in their respective country.
- Proficiency in English, spoken & written is mandatory.

Work Experience
- Overall experience of at least 5 years in financial firms/finance department of non-financial firms or at least 3 years in a managerial position in such enterprise

Course Modules

Module 1: Basics
- Introduction to Risk Management and Basic risk types
- Probability and Statistics for Risk Management
- Understanding Financial Returns, Volatility and Correlation
- Portfolio Theory and CAPM

Module 2: Financial Instruments and Their Markets
- Financial markets, Institutions and Regulations
- Introduction to Trading and Market Microstructure
- Features and Valuation of Forwards, Futures, Swaps, and Options

Module 3: Market Risk
- VaR, Expected Shortfall (ES) and other Risk Measures
- Parametric, Historical Simulation and Monte Carlo Simulation
- Bonds, Interest Rate and Interest rate Sensitivity
- VaR Mapping and Backtesting VaR
- Hedging with Derivatives

Module 4: Credit Risk
- Corporate bonds, Credit Risk, and Credit Ratings
- Credit Risk Modelling and Credit Scores
- Estimating Default Probabilities and Credit VaR
- Credit Derivatives
- Securitization and Structured Obligations

Module 5: Other Topics
- Operational Risk and Liquidity Risk
- Stress Testing, RAROC, Economic Capital and Risk Reporting
- Enterprise Risk Management (ERM) and Review