Financial Risk Modeling – Statistics.Com

This online course, “Financial Risk Modeling” will cover the most important principles, techniques and tools in Financial Quantitative Risk Analysis. The course has been developed to effectively combine theoretical sessions with classroom examples and exercises in order to provide students with a comprehensive analysis of Monte Carlo techniques.

In addition to discussions of recent innovations in the application of Monte Carlo methods, the course will cover many practical examples, case studies and interactive sessions.

The course will also get the participants comfortable with risk analysis modeling environments (in this case ModelRisk with the Insurance and Finance Module within Excel, but the lessons and techniques apply equally well to other modeling environments). Finally, the course will also cover common mistakes and how to avoid them.

Course Program:

• Week 1: Introduction
• Week 2: Stochastic Time Series
• Week 3: How to Deal with Correlations
• Week 4: Model Fitting and Conclusion

Important Date:

June 24, 2016 to July 22, 2016

Duration:

4 Weeks

Time Requirement:

About 15 hours per week, at times of  your choosing.

Fees:

INR 37,740 (assuming $ = INR 60)

Part Time/Full Time:

Part Time

Anyone in investment banking, asset/investment/fund mangement, merchant banking, insurance companies, software/technology, government/public body and academia with an interest in applying quantitative probablilistic techniques in the fields of finance and insurance.

Pre-requisite:

• All models are developed using Excel and Model Risk. It is therefore essential that all participants be proficient in Excel, including the use of Excel functions.

• Greg Nolder