Measuring Risk: Equity, Fixed Income, Derivatives and FX

edX Measuring Risk: Equity, Fixed Income, Derivatives and FX

Platform
EdX
Provider
New York Institute of Finance
Effort
2 hours a week
Length
4 weeks
Language
English
Cost
$249
Part of
Course Link
Overview
This economics and finance course is a survey of risk measures and risk measurement practices applied to individual securities and portfolios. Students will also study risk reports of publicly traded financial institutions.

Upon completion of this course, participants will receive a certificate bearing the New York Institute of Finance (NYIF) name. A NYIF certificate is a valuable addition to your credentials, proving that you have acquired the work-ready skills that employers value.

For those who wish to learn more, students can enroll in the remaining four courses to earn the complete Risk Management Professional Certificate, backed by the New York Institute of Finance’s 93-year history.

What you'll learn
  • Understand beta as a measure of equity risk.
  • Describe duration and convexity as first and second order interest rate sensitivity / risk measures for fixed income instruments.
  • Explain and provide examples of linear and non-linear (‘convex’) securities.
  • Describe and the sensitivity measures (Greeks) for options.
  • Describe the various approaches utilized for determining value at risk and expected shortfall as measures of market and credit risk for portfolios.
Syllabus
Module 1: Risk by Asset Class
  • Lesson 1: Fixed Income Risk
  • Lesson 2: Derivatives Risk
  • Lesson 3: Credit Risk
  • Lesson 4: Equity Risk
Module 2: Portfolio Risk Measurement
  • Lesson 1: Weighted Scenarios
  • Lesson 2: Volatility Updating
  • Lesson 3: Normal Approximation

Taught by
Anton Theunissen

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