Financial Risk Management (FRM): Foundational FRM Principles

Minimize Financial Risks While Maximizing Financial Reward. + Financial Risk Management (FRM) Process Implementation.

4.57 (1210 reviews)
Udemy
platform
English
language
Finance
category
6,414
students
2.5 hours
content
Aug 2023
last update
$74.99
regular price

What you will learn

Identify financial risks an organization may face.

Analyze in depth the risks that have been identified.

Manage risk with the goal of possibly eliminating or at least reducing the risk exposure

Have the foundational learning to start in case wish to take the rigorous FRM certification exam

Description

The key to organizational profitability is not only the rewards (Revenue & Profits) but also being able to Identify, Analyze, and Manage Risks. Without risk there is no reward.

That is where people trained in Financial Risk Management (FRM) are critical to an organizations success.

In about 2 hours, you will learn the foundational principles to make an impact on your organization and your career.

In the course we will be following a clear Financial Risk Management (FRM) Process of:

  • Identifying the financial risks the organization faces such as:

    • Market Risks

    • Credit Risks

    • Liquidity Risks

    • Currency Risks

    • Commodity Risks and more

  • Analyze those risks from a qualitative and quantitative standpoint so we can rank and prioritize them such as determining our:

    • Expected Losses

    • Unexpected Losses

    • Value at Risk (VaR) and more

  • How to manage financial risks we have identified and analyzed so we can:

    • Eliminate risks where possible

    • Mitigate our risk exposure

    • Use hedging techniques we will learn in the course and more

Course includes Case Study's and Activities where you get to decide a course of action you may take!

We will also review additional globally recognized certification programs such as the Financial Risk Manager (FRM) Certification and the Chartered Financial Analyst Certification in case you would like to continue your learning in more depth for these rigorous exams. This course will help with the foundational principles, particularly for the Financial Risk Manager (FRM) Certification.

The next step is to enroll in the course and let's get started!

Thanks.

Steve Ballinger

Content

Identify Financial Risks

(Welcome) Financial Risk/Reward And Process
Market Risk (Equity/Interest Rate/Currency/Commodity)
Credit Risk
Liquidity Risk
Interaction Of Risks
Other Risks To Consider
How Can We Respond To Financial Risks
Activity: What Would You Do?

Analyze Financial Risks

Analyzing Financial Risks Intro
Expected Loss
Calculating Expected Loss
Unexpected Loss
How To Access Additional Resources
Value At Risk (VAR) Measure
Value At Risk (VAR) Calculation
Beta And Variability
Measuring Liquidity Risk
Current & Quick Ratios: Liquidity (Investing Example)

Managing Financial Risks

Managing Risks Intro
Think Of How You Personally Manage Financial Risk​
Unethical Behavior & Risk Management​
Case Study: Financial Impact Of Unethical behavior
Human Agency And Financial Risk Management (FRM)
Enterprise Risk Management
Hedging To Try And Manage Risk​
Devising A Hedging Strategy​ (Static & Dynamic)
Risk Management Strategy & Policies

Next Steps & Learning Activities

Risk Management Process (Quick Review + Icebergs
Official FRM Certification
Activity #1: You Decide, Financial Risk Management (FRM) Case
Activity #2: iSmell FRM Case, You Decide
Top 4 Action Steps + Bonus Step

Screenshots

Financial Risk Management (FRM): Foundational FRM Principles - Screenshot_01Financial Risk Management (FRM): Foundational FRM Principles - Screenshot_02Financial Risk Management (FRM): Foundational FRM Principles - Screenshot_03Financial Risk Management (FRM): Foundational FRM Principles - Screenshot_04

Reviews

Davina
October 13, 2023
I am currently doing consumer credit working mainly with individuals. Very helpful information to apply to clients being self-employed
Chiranmoy
September 23, 2023
Overall good but lacks a bit of real world examples and case studies. Would have been much better if there were details on Financial Products using real world examples to understand better conceptually.
Ntibanyendera
August 30, 2023
That is my prefer lesson , i like it because it helps me having all arsenal of skills to manage a firm and i would like you to emphasize or add other policies that can be important for us for financial management thx
Veisiua
July 16, 2023
This course is a perfect match for me give that I have limited background knowledge on financial risk management, it really an eye opener! Enjoying it!
Israel
July 14, 2023
the course seems to be ambiguous but I'm trying to make the most of it. The trainer does know his onions I must admit.
Arjun
May 29, 2023
The FRM for this Introduction is Good and very Elegant to hear. Kindly give more live examples for individual per topics might be more Good.
Rabia
May 27, 2023
this course is good but if some programming-based labs using python/R were added to the course for different methods of var then this would become the perfect one.
Yair
April 12, 2023
Great material, I would have liked to go over the examples directly in the course material. I think there is also a mistake in the Unexpected loss formula. After looking at the example in the Bionic turtle and checking other websites I found this to be the formula: ??=??? ∗ √([?? ∗ ?^2 ???]+[〖???〗^2 ∗ ?^2 ??] ) In any case very interesting topics and I also learned more about the VaR
Santiago
March 21, 2023
Muy didáctico y sirve para tener una buena primera noción de la administración de riesgos financieros
Bongekile
March 7, 2023
The course is a good match for me since i work in financial institution and currently in the risk management field.
Natalia
February 20, 2023
Great knowledge served in a very accessible way. Teacher having incredible enthusiasm, nice to listen, totally recommend.
Sylvia
January 24, 2023
I am getting a more indepth in calculation and measuring of financial risks. However, more specialized courses is needed in relation to liquidity risk and market risk computations in banking.
Geoffrey
January 11, 2023
It was the introduction to FRM that I was looking for. It gave me a broad overview of the entire topic.
Amit
November 27, 2022
I expected there will be some case studies or quantitative data from which we will learn how to calculate risk or take risk decisions. But nothing as such. It's just bookish theoretical knowledge imparted in speech. Highly disappointed.
Benny
October 12, 2022
Need something with "heavier topics", lessons so far would be known to people who are preparing for FRM

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4620656
udemy ID
3/31/2022
course created date
4/23/2022
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