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Updated in [March 06th, 2023]

This course provides an overview of the principles of credit risk management. Students will learn the concepts and principles of credit risk management, as well as the steps involved in managing portfolio credit risks. Statistical models will be used to calculate the risk associated with various types of investments. Additionally, students will learn how to create a program for assessing operational risk and distinguish between financial and business risks. Upon completion of the course, students will have a better understanding of the principles of credit risk management and how to apply them in their own work.

[Applications]
After completing this course, students should be able to apply the principles of credit risk management to their own portfolios. They should be able to use statistical models to calculate the risk associated with various types of investments, create a program for assessing operational risk, and distinguish between financial and business risks. Additionally, they should be able to identify and manage potential credit risks in their portfolios.

[Career Paths]
1. Credit Risk Analyst: Credit Risk Analysts are responsible for assessing and managing the credit risk of a company or organization. They use financial data and statistical models to identify and analyze potential risks, and develop strategies to mitigate them. As the financial industry continues to evolve, the demand for Credit Risk Analysts is expected to grow.

2. Risk Manager: Risk Managers are responsible for identifying, assessing, and managing risks associated with a company or organization. They use a variety of tools and techniques to identify potential risks, develop strategies to mitigate them, and monitor their effectiveness. Risk Managers must stay up-to-date on the latest trends and regulations in the financial industry, as well as the changing economic environment.

3. Financial Risk Analyst: Financial Risk Analysts are responsible for analyzing and managing the financial risks associated with a company or organization. They use financial data and statistical models to identify and analyze potential risks, and develop strategies to mitigate them. As the financial industry continues to evolve, the demand for Financial Risk Analysts is expected to grow.

4. Operational Risk Manager: Operational Risk Managers are responsible for identifying, assessing, and managing operational risks associated with a company or organization. They use a variety of tools and techniques to identify potential risks, develop strategies to mitigate them, and monitor their effectiveness. Operational Risk Managers must stay up-to-date on the latest trends and regulations in the financial industry, as well as the changing economic environment.

[Education Paths]
1. Bachelor of Science in Risk Management: This degree program provides students with a comprehensive understanding of the principles of risk management, including the identification, assessment, and management of risks. Students learn how to develop strategies to mitigate risks and how to use financial models to analyze and manage risk. This degree is becoming increasingly popular as businesses become more aware of the importance of risk management.

2. Master of Science in Financial Risk Management: This degree program focuses on the application of financial risk management techniques to the financial markets. Students learn how to use quantitative methods to analyze and manage financial risks, as well as how to develop strategies to mitigate risks. This degree is becoming increasingly popular as businesses become more aware of the importance of risk management.

3. Master of Business Administration in Risk Management: This degree program provides students with a comprehensive understanding of the principles of risk management, including the identification, assessment, and management of risks. Students learn how to develop strategies to mitigate risks and how to use financial models to analyze and manage risk. This degree is becoming increasingly popular as businesses become more aware of the importance of risk management.

4. Doctor of Philosophy in Risk Management: This degree program provides students with a comprehensive understanding of the principles of risk management, including the identification, assessment, and management of risks. Students learn how to develop strategies to mitigate risks and how to use financial models to analyze and manage risk. This degree is becoming increasingly popular as businesses become more aware of the importance of risk management.

Course Syllabus

Introduction to Risk Management

Credit Risk Management: Frameworks and Strategies

Market Risk Management: Frameworks & Strategies

Operational Risk Management: Frameworks & Strategies