Introduction to Risk Management

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Introduction to Risk Management

This course is part of Risk Management Specialization

Instructors: Joseph Iraci

58,872 already enrolled

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6 modules

Gain insight into a topic and learn the fundamentals.

858 reviews

Beginner level

Recommended experience

Flexible schedule

2 weeks at 10 hours a week

Learn at your own pace

97%

Most learners liked this course

6 modules

Gain insight into a topic and learn the fundamentals.

858 reviews

Beginner level

Recommended experience

Flexible schedule

2 weeks at 10 hours a week

Learn at your own pace

97%

Most learners liked this course

What you'll learn

Differentiate between financial and business risks
Examine the key concepts and factors of risk measurement
Understand the application of risk modeling
Understand the principles of risk management

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

4 assignments

Taught in English

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This course is part of the Risk Management Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

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There are 6 modules in this course

What is risk? Why do firms manage risk? In this course, you will be introduced to the different types of business and financial risks, their sources, and best practice methods for measuring risk. This course will help you gauge different risk types and set risk limits, describe the key factors that drive each type of risk, and identify the steps needed to choose probability distributions to estimate risk. You will explore the history and development of risk management as a science, and financial and business trends that have shaped the practice of risk management. By the end of the course, you will have the essential knowledge to measure, assess, and manage risk in your organization.

This course will introduce you to different types of business and financial risk. You will learn how these risks are measured and also gain an understanding of the goals and benefits of risk management. The skills that you will gain by the end of this course will enable you to measure and manage risk in your organization.

What's included

1 video4 readings1 discussion prompt1 plugin

In this module, you will learn about financial and business risks. You will also get introduced to the various types of financial risks and learn about their sources and how firms manage risks. We'll also look at the difference between risk measurement and risk management. Let's get started.

What's included

2 videos2 readings1 assignment3 discussion prompts

2 videosTotal 9 minutes

What is Risk?4 minutes
Measuring Different Types of Risk5 minutes

2 readingsTotal 310 minutes

Global Financial Stability Report 2026300 minutes
Understanding Liquidity Risk10 minutes

1 assignmentTotal 30 minutes

Graded Assessment 0130 minutes

3 discussion promptsTotal 30 minutes

Key Takeaways10 minutes
Liquidity Risk Discussion10 minutes
Risk Management10 minutes

In this module, you will learn about the four main types of financial risk. You will then learn about the best measures to use to gauge different risk types and set risk limits. You will also learn how investment managers maximize portfolio returns while keeping risk within their tolerances and then apply these techniques to a portfolio you will construct.

What's included

10 videos1 reading1 assignment6 discussion prompts

10 videosTotal 46 minutes

Market Risk2 minutes
Measuring Market Risk 4 minutes
Portfolio Construction 6 minutes
Capital Asset Pricing Model (CAPM)4 minutes
Introduction 5 minutes
Pre-Settlement and Settlement Risk2 minutes
Credit Risk Components2 minutes
Overview of Credit Risk 6 minutes
Introduction to Operational Risk9 minutes
Introduction to Enterprise Risk7 minutes

1 readingTotal 10 minutes

Financial Theory10 minutes

1 assignmentTotal 60 minutes

Graded Assessment 0260 minutes

6 discussion promptsTotal 65 minutes

What's on your mind?10 minutes
Clarifications10 minutes
Risk Culture10 minutes
Comparison between Operational, Market, and Credit Risk10 minutes
Capital Reserves15 minutes
Key Takeaway10 minutes

In this module, you will learn the difference between Money and Capital markets. You will also learn to differentiate among the 3 regulatory structures - US, UK, and EU and understand how regulatory structures impact your firm.

What's included

5 videos2 readings1 assignment3 discussion prompts

5 videosTotal 11 minutes

The Financial System2 minutes
Money and Capital Markets1 minute
US Regulatory Structures5 minutes
UK Regulatory Structures1 minute
EU Regulatory Structures2 minutes

2 readingsTotal 190 minutes

Global Risk Management Survey 180 minutes
Basel Committee10 minutes

1 assignmentTotal 30 minutes

Graded Assessment 0330 minutes

3 discussion promptsTotal 30 minutes

Understanding Financial System10 minutes
Money v/s Capital Markets10 minutes
Centralized v/s Decentralized Regulatory Regimes10 minutes

In this module, you will learn about the factors that drive each type of risk and then use these factors to create distributions (density functions). You will explore non-parametric measures of loss distributions such as scenario analysis and stress testing.

What's included

5 videos2 readings1 assignment2 discussion prompts

5 videosTotal 23 minutes

What is Scenario Analysis?2 minutes
Scenario Example 4 minutes
What is Stress Testing?2 minutes
Purpose of Stress Testing4 minutes
Case Study: When Unconventional Becomes Conventional12 minutes

2 readingsTotal 20 minutes

RMA_Emerging Risks and Liquidity 10 minutes
RMA_Negative Rates10 minutes

1 assignmentTotal 30 minutes

Graded Assessment 0430 minutes

2 discussion promptsTotal 20 minutes

Understanding Scenario Analysis10 minutes
Module Wrap Up10 minutes

You've come to the end of the course. Let's wrap up with a quick summary of the key takeaways of this course.

What's included

1 video1 reading1 discussion prompt1 plugin

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Instructors

Instructor ratings

(261 ratings)

Joseph Iraci

New York Institute of Finance

1 Course58,872 learners

Jack Farmer

New York Institute of Finance

13 Courses186,181 learners

Offered by

New York Institute of Finance

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Reviewed on Jun 4, 2023

It was amazing, however, when it comes to equations and formulas, I would like to have a more clear explanation, perhaps a en example on practical usage. Thank you

Reviewed on Aug 31, 2023

Joe was an amazing educator. He is highly knowledgeable, and I understood the information he presented. I would recommend this course!

Reviewed on Mar 28, 2022

Introduction to Risk Management is very useful subjet for our feature,it helps in our business,companies,industries and also lifes

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Frequently asked questions

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

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