Key Information
About the content
In response to the coronavirus pandemic, this MOOC is available as an "open archive" : there is no discussion forum, no interaction with the course team and no free certificate of attendance or fee paying certificates will be generated.
The Institut Louis Bachelier - the leading research network in economics and finance, is host since its creation in 2008 of several research programmes dedicated to risk management. Now, the Institut is launching a MOOC (Fundamentals of Financial risk management) in collaboration with PRMIA, the international association of risk management professionals, offering theoretical and practical insights on the fundamentals of financial risk management.
The focus on financial risk management has crystallized in recent years, leading to a need to comprehend, measure and manage a variety of risks (market risks, credit risks, counterparty risk, operational risks). Through the reinforcement of prudential regulations and increased communication requirements, organizations must evolve to adapt to a new regulatory context.
This six session MOOC is the opportunity for you to approach this topic with the help of our two specialists and professionals in the sector, Justin McCarthy and Oscar McCarthy. They will offer you their expertise on risk management, its history, current and future issues. You will discover the different facets of risk management tools and their uses, with a number of case studies. Mixing theory with practice, the MOOC as a whole will allow you to acquire all the knowledge you need on this topic, and you will be delivered a certificate upon completion of the course.
*The Institut Louis Bachelier is a member of PSL - Paris Science et Lettres.
Prerequisite
There is no prerequisite for this course. The course is equally suited to students in finance, economics, law or management as to professionals in the sector and the merely curious.
Aucun prérequis n’est nécessaire. Ce cours s’adresse aux étudiants en finance, en économie, en droit et en gestion, aux professionnels du secteur et tous les auditeurs simplement curieux.
Syllabus
- Week 1 / Risk in Industry : an overview of risk and risk management, with a more detailed look at its place in the banking industry.
- Week 2 / Market Risk : Risk in the markets – how market participants can gain and lose from the markets ; and how can this can be managed.
- Week 3 / Credit Risk : How economies are grown through credit, the risks of excessive credit growth and how credit risk can be managed.
- Week 4 / Liquidity Risk : How the recent crisis brought this risk into the mainstream of risk management.
- Week 5 / Operational Risk : The « least rewarded » risk ; how risks related to the operations and day to day running of a firm can be identified and managed.
- Week 6 / Strategic Risk : How risk management can be part of your strategic planning for any firm.
Instructors
Justin McCarthy
Chair of PRMIA's Global Board of Directors (Professional Risk Managers' International Association), Expert - CEE-ONU Expert group on risk management (UNECE-GRM), Pathways Team at University College of Cork in Ireland.
Oscar McCarthy
Strategic risk consultant for ABN Amro Bank, on the PRMIA (Professional Risk Managers' International Association) Board of Directors.
Pierre-Yves Maurois
Member of the PRMIA Board of Directors.
Content Designer
The french university research Paris Sciences et Lettres or PSL research university, is a community of universities and institutions involving eighteen institutions of higher education and research in the fields of science, technology, arts and letters, all in Paris, as well as three national research organizations (CNRS, INRIA, INSERM).
The goal of this regrouping existing autonomous institutions into a single institution called Community universities and institutions (ComUE) is behind that of being able to position itself on the global market of higher education set out in a good place in the ranking of Shanghai.
Platform
France Université Numérique is the broadcaster of the online courses of French higher education institutions and their partners.
It operates several platforms of diffusion, of which the best known, FUN MOOC, is the first French-speaking academic platform worldwide. Thanks to many partner institutions, this platform offers a vast catalog of courses enriched daily with various themes and current events.
Nombreuses sont les sciences donc l'objectif est la connaissance du monde. Les études de risques financiers nous permettrons de gére, de controler, de maitriser et de pouvoir minimuser les differents risques que nous encourons notamment dans les banques.
Nombreuses sont les sciences donc l'objectif est la connaissance du monde. Les études de risques financiers nous permettrons de gére, de controler, de maitriser et de pouvoir minimuser les differents risques que nous encourons notamment dans les banques.
