Banking and Financial Markets: A Risk Management Perspective

In this course titled ‘Banking and Financial Markets: Risk Management Perspective’, you will learn:

• How to measure and manage credit risk, interest rate risk, foreign exchange risk, operational risk, off-balance sheet risk, etc. in any financial system.
• How these risks have become ‘omnipresent’ and significantly more complex as a result of globalization and interconnectedness of banking and financial markets across countries.
• Liquidity and solvency issues in financial institutions and markets and how they could be managed.
• The structure of asset securitization and credit derivatives and their role in managing (sometimes augmenting) risks in any financial system.
• How to measure, quantify and analyze the level and degree of financial risk over a stipulated time frame using different tools and techniques such as Value at Risk (VaR), Stress Test, etc.
• The role of regulation and monetary policy to: (a) ensure the stability and longevity of any financial system and (b) minimize the impact of possible adverse outcomes and contagion effects implicit in any financial crisis, particularly when the financial systems are globally interconnected.