Introduction to Risk Management

Introduction to Risk Management

4 h
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  • Course from 99 €
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  • 4 Sequences
  • Intermediate Level

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Course details


Module 1: Introduction

  • Lesson 1: The Standard Model
  • Lesson 2: Rationale for Risk Management
  • Lesson 3: Management vs Management

Module 2: Taxonomy of Risks

  • Lesson 1: Overview: Types of Risk
  • Lesson 2: Credit Risk
  • Lesson 3: Liquidity Risks
  • Lesson 4: Operational Risk

Module 3: Money and Capital Markets

  • Lesson 1: The Financial System
  • Lesson 2: US Regulatory Structures
  • Lesson 3: JPM Oversight
  • Lesson 4: UK vs EU Regulatory Structure

Module 4: Risk Concepts

  • Lesson 1: Introduction to Loss Distribution
  • Lesson 2: Components of Risk Model
  • Lesson 3: Profit and Loss
  • Lesson 4: Risk Measures
  • Lesson 5: Quantiles
  • Lesson 6: Value at Risk
  • Lesson 7: Expected Shortfall
  • Lesson 8: Historical Loss Distribution
  • Lesson 9: Parametric VaR- t Approximation
  • Lesson 10: Coherent Risk Measures
  • Lesson 11: Critique of VaR
  • Lesson 12: Stress Testing


  • Basic MS Excel skills
  • Basic probability and statistics


Anton Theunissen
New York Institute of Finance


The New York Institute of Finance (NYIF), located in the heart of Wall Street, is a global leader in training for financial services and related industries. Started by the New York Stock Exchange in 1922, it now trains 50,000+ professionals in over 120 countries.

NYIF was first mentioned in the introduction to a book called Stock Exchange Procedure by Birl E. Shultz, PhD. In 1921:

“It became evident that, for the sake of the business itself and for the sake of the thousands of young men and women employed by the Exchange and by its member firms, some method should be devised whereby they might learn the fundamentals; the reasons why they did the things which occupied their working days.” NYSE president Charles Gay, 1921. This was the inspiration behind the establishment of the New York Institute of Finance In 1922.

NYIF courses cover everything from investment banking, asset pricing, insurance and market structure to financial modeling, treasury operations, and accounting. The institute has a faculty of industry leaders and offers a range of program delivery options, including virtual, self-study, online courses, and in-person classes. Its US customers include the SEC, the Treasury, Morgan Stanley, Bank of America and most leading worldwide banks.


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