Online Course – Certified Professional Specialization in Risk Management from the New York Institute of Finance

Improve your risk management skills. Understand the theory and practice of risk management and the intended outcomes of a successful risk management process.

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קורס אונליין - התמחות מקצועית מוסמכת בניהול סיכונים של מכון ניו יורק לפיננסים

Professional Certificate

Beginners

No prior knowledge required

Time to complete the course

7-day free trial

No unnecessary risks

Skills you will acquire in the course

  • Measuring and negotiating credit risk
  • Measuring and negotiating market risk
  • Application of financial statistics and probability
  • Measuring and negotiating operational risk

What you will learn in the course

Courses for which the course is suitable

  • Finance professionals
  • Bank and investment managers
  • Business managers
  • Regulators
  • Decision makers
  • Financial analysts
  • Risk managers
  • Financial advisors
  • Risk management experts
  • Financial data analysts

Internship – a series of 4 courses

This four-course specialization from the New York Institute of Finance (NYIF) is designed for computer science students, finance professionals, bank and investment managers, business executives, regulators, and decision makers. The specialization will teach you how to measure, assess, and manage risk in your organization. By the end of the specialization, you will understand how to establish a risk management process using various systems and approaches provided throughout the program.

Prerequisites

  • Basic understanding of risk management fundamentals.
  • Basic knowledge of statistics and probability.
  • Familiarity with financial instruments (stocks, bonds, foreign exchange, etc.).
  • Experience working with MS Excel is recommended.

Hands-on Learning Project

Students will complete a project in the third course that will cover the assessment and analysis of risks in a diversified global stock portfolio. The portfolio will include allocations to stock market indices from the United States, Japan, Hong Kong, and Germany.

Data and analysis

  • Data from recent years prior to March 2020 will be used to convert daily returns in each index currency to returns in dollars.
  • Value-at-Risk and Expected Shortfall for the portfolio will be calculated using an equally weighted sample and an exponentially weighted sample.
  • Learners will receive a new two-year dataset that includes market data through August 2020.
  • They will be asked to reassess the risk for the portfolio using value at risk and expected loss.

Details of the courses that make up the specialization

Introduction to Risk Management

  • Course 1 • 16 hours • 4.6 (557 ratings)

Course Details

What you’ll learn
  • Distinguish between financial risks and business risks
  • Examine the key concepts and factors in risk measurement
  • Understand the use of risk modeling
  • Understand the principles of risk management
Skills you will acquire
  • Category: Risk Management
  • Category: Financial Risk
  • Category: Leadership and Financial Risk Assessment and Management
  • Category: Regulations

Credit Risk Management: Frameworks and Strategies

  • Course 2 • 8 hours • 4.6 (296 ratings)

Course Details

What you’ll learn
  • Use business and industry analysis to understand companies, projects, business models, and financing proposals
  • Prepare high-quality risk analysis for specific companies to serve as the basis for financial analysis, project analysis, and risk decisions
  • Understand the principles and concepts of credit risk including risk categories, exposure types, credit products, expected/unexpected credit loss
Skills you will acquire
  • Category: Credit Analysis
  • Category: Financial Analysis
  • Category: Credit Risk

Market Risk Management: Frameworks and Strategies

  • Course 3 • 7 hours • 4.6 (132 ratings)

Course Details

What you’ll learn
  • Identify optimal frameworks for assessing market risk
  • Assess value at risk and use it in a risk management strategy
  • The model includes market factors such as interest rates, stocks, and commodity prices.
Skills you will acquire
  • Category: Market Risk Management
  • Category: Financial Risk Model
  • Category: Stress Test Design

Operational Risk Management: Frameworks and Strategies

  • Course 4 • 6 hours • 4.6 (279 ratings)

Course Details

What you’ll learn
  • Understand the fundamentals of operational risk management from the various roles in risk governance to the implementation of risk frameworks
  • Report and investigate operational risk events, generate KRI data and trend analysis, and implement operational risk management frameworks
  • Build and implement an operational risk assessment plan
Skills you will acquire
  • Category: Understanding Key Risk Indicators (KRIs)
  • Category: Calculate capital for operational risk
  • Category: Understanding Operational Risk Scenario Analysis

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