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Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery | Frequency Of Classes |
|---|---|---|---|
| English | Self Study, Virtual Classroom, Campus Based/Physical Classroom | Video and Text Based | Weekends |
Course Overview
One of the emerging components that have been found to play a crucial role in an organisation’s financial health, is Risk Quantification. This Executive Development Programme in Applied Risk Management Course offered by IIM Kashipur provides the best training on how to make use of the tools available in quantifying financial risks (Including credit risk, market risks, and operational risks) And other issues and related problems with financial risk management.
This course is a hands-on experience of learning and implementing the tools and best techniques using the recent relevant market data. Candidates get to attend online sessions and visit the campus as well. The Executive Development Programme in Applied Risk Management provides a practitioner's perspective involved in measuring all the different financial risks. The course strikes a balance between the details of an institution, its theoretical foundation, and also the practical applications of it. The course makes extensive use of Microsoft Excel as well as R in teaching practices.
The Highlights
- Blended learning - Online sessions plus campus visit
- Certificate from IIM Kashipur
- 5-month duration
- Weekend class schedule
- India’s top faculties
- Case-based session
Programme Offerings
- Live Lectures
- cloud campus access
- project work
- assessments
- Case Studies
- quiz assignments
- campus visits
- certificate by IIM Kashipur
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | IIM Kashipur |
The fees for the course Executive Development Program in Applied Financial Risk Management is -
| Head | Amount in INR |
| Program Fees | Rs. 80,000 + GST |
| 1st instalment | Rs. 25000 + GST |
| 2nd Instalment | Rs. 30000 + GST |
| 3rd Instalment | Rs. 25000 + GST |
For International Students
| Head | Amount in USD |
| International Students | USD 1600 |
Eligibility Criteria
Work Experience
The minimum requisite is 2 years of work experience. However, on an individual case basis, exceptions can be made.
Education
To pursues the Executive Development Programme in Applied Risk Management Course student must have the following:
- All candidates must be proficient in English (Spoken and written).
- Indian candidates: Graduate degree in any of the disciplines with the subject of Mathematics/ Statistics minimum upto 10+2. The degree must be from a recognised university. (AICTE/ UGC/ AIU/ DEC/ State government)
- International Candidates: A graduate or other degree of the same equivalence from any recognised university/ college in their country of residence.
Certification Qualifying Details
To qualify for the IIM Kashipur certificate in the Executive Development Programme in Applied Risk Management Course all students must go through periodic evaluations in different forms and formats (graded quizzes, assignments, case studies, objective and subjective exams, and main business plan). The assessments are designed in order to ensure all the students participate and engage in the learning process of the course and gain practical insights and experience.
What you will learn
After completing the Executive Development Programme in Applied Risk Management Course successfully, candidates can have more informed insights on-
- Working knowledge of financial risk management and its application in institutions.
- Practical understanding of financial risk management tools like the use of probability theory and financial derivatives to predict and analyse risks.
- Developing a better understanding of different risk metrics and what they mean for an institution.
- Candidates will learn first-hand techniques of measurement of risks in Fixed income markets(with the use of cash flow markings etc).
- Develop a deeper understanding of the need for measuring operational risks in an entity.
- Crucial real-time learnings from live classes and hands-on experience on relevant projects.
Who it is for
The Executive Development Programme in Applied Risk Management Course will benefit a multi disciple audience and is highly recommended for the following sets of individuals:
- Entrepreneurs who want to assess their financial risks in the market without depending on third party entities.
- Financial head of companies, team leaders, or professionals who want to mitigate high financial risks and safeguard their organisation.
- Graduates looking to broaden their horizons and careers by gaining real experience in financial risk management.
- Professionals working in the field of finance.
Admission Details
Follow these simple steps to get yourself registered for the Executive Development Programme in Applied Risk Management Course from IIM Kashipur:
Step 1: Visit the Course Url and click on ‘Start Your Application’
Step 2: Verify your email and complete the registration.
Step 3: Pay for the application form through your choice of payment modes.
Step 4: After paying for the application, fill up the detailed application form provided on the website for the course.
Step 5: Next your profile will be evaluated by the evaluation team from the institute.
Step 6: For selected candidates, the evaluation team will offer a Letter of Intent (LOI)
Step 7: Pay your first instalment of the course fee and get started.
The Syllabus
- Basics of Financial Risk Management
- Fundamental Probability Theory
- Brief Overview of Financial Derivatives
- Nonparametric and parametric approaches to estimate VaR and Expected shortfall
- Historical Simulation
- Monte Carlo Simulation
- Risk Metrics
- GARCH
- EGARCH
- GJRGARCH and other GARCH family models
- Extreme Value Theory
- VaR Evaluation: Back testing
- Market Risk Analysis
- For portfolio and an asset influenced by various factors like Standard Covariance/Correlation approach
- Risk Metrics
- Monte Carlo Simulation
- Multivariate GARCH
- VaR of factors
- Duration based partial revaluation approach (Historical Simulation), Cash Flow mapping
- Introduction to credit risk
- Default Risk
- Managing credit risk
- Credit Metrics
- Default probabilities
- Agency ratings
- Credit scoring and Internal rating models
- Structural models for credit risk (Merton, KMV), Reduced form models, Logistic model for loan default evaluation
- LGD Estimation: LGD model methodologies; Application uses of LGD
- Exposure at Default: EAD Modelling
- Expected and unexpected credit loss
- Introduction to operational risk with evidence of operational failures
- Estimating VaR for operational risk (Aggregate Loss Distribution/LDA) using Monte Carlo Simulation
- Operational risk management framework
- Operational risk process models Basics of Liquidity Risk: Liquidity Adjusted VaR under normal and stressed market