Advanced Risk Management (2012)

The recent global economic and financial crisis has once again revealed to us the crucial importance of understanding the intricacies of risk analysis and risk management applied to finance. This is equally true for private sector corporate actors, public sector officials and professionals working in private financial institutions and in public administrations such as ministries of finance and central banks. Measuring risk using mathematical formulae has become standard for major financial institutions worldwide, and the cost of borrowing or leveraging debt depends to a large extent upon the findings of risk and creditworthiness found through mathematical modeling and applying sophisticated statistical tools. This advanced course is designed to provide professionals with specific hands-on tools and modeling techniques for effective risk management, and builds on the Fundamentals of Risk Management course.