Course description
About the Course
Risk quantification has emerged as a very important component to a firm’s financial well-being. This course provides training on the usage of tools used in quantification of financial risk (including market risk, credit risk and operational risk) and problems related to financial risk management.
The course is full of hands-on and implementation of tools and techniques using recent market data. The course will provide the practitioner’s perspective in measuring various kinds of financial risks. It attempts to strike a balance between institutional details, theoretical foundations, and practical applications.
The course will extensively make use of MS Excel and R.
Key Highlights
CERTIFICATION FROM IIM KASHIPUR
CASE-BASED SESSION
INDIA’S TOP FACULTIES
CAMPUS VISIT
WEEKEND CLASS SCHEDULE
INSIGHTS INTO APPLIED FINANCIAL RISK MANAGEMENT
SESSIONS FROM INDUSTRY EXPERTS
Course description
Who Should attend & Course Pedagogy
Entrepreneurs/Finance Heads & Leaders, Coordinators and Team Members.
Graduates looking for a career in Finance and Banking.
Working professionals in an organization with an acumen and interest in Applied Financial Risk Management.
Eligibility
- For Indian Participants – Graduates from a recognized University (UGC/AICTE/DEC/AIU/State Government) in any discipline with Mathematics/Statistics up to 10+2 level.
- For International Participants – Graduation or equivalent degree from any recognized University or Institution in their respective country.
- Proficiency in English, spoken & written is mandatory.
- Working Professionals with a minimum of 2 years of experience.
- On case-to-case basis less experience can be considered.
Course Pedagogy
The primary method of instruction will be through LIVE virtual lectures that will be beamed online via internet to desktops/laptops of students or classrooms. The lectures will be delivered by eminent faculty from IIM Kashipur. All enrolled students will also be provided access to the Cloud Campus through which they may access other learning aids, reference materials and assessments, case studies, projects and assignments as appropriate. Throughout the duration of the course, students will have the flexibility to approach the Professors, real time during the class or offline via the Cloud Campus to raise questions and clear their doubts.
Assessment
There are periodic evaluations built in throughout the duration of the course. These maybe in the form of a quiz, assignment, business plan, case study or other objective/subjective assessment. The evaluations are designed to ensure continuous student engagement with the course and encourage practical learning. Students who successfully clear the same along with the requisite attendance criteria will be awarded a Certificate of Completion from IIM Kashipur. Otherwise, a Certification of Participations will be issued.
Note
Nulearn is the authorized admissions and technology partner for IIM Kashipur, please visit the following link to verify: http://www.iimkashipur.ac.in/executive-education/online-certificate-programme/
Assignments, Videos & Case Studies
Curated Course Syllabus
Financial Risk Management
- Basics of Financial Risk Management
- Fundamental Probability Theory
- Brief Overview of Financial Derivatives
Market Risk Analysis for single asset
- Nonparametric and parametric approaches to estimate VaR and Expected shortfall
- Historical Simulation
- Monte Carlo Simulation
- Risk Metrics
- GARCH
- EGARCH
- GJRGARCH and other GARCH family models
- Extreme Value Theory
- VaR Evaluation: Back testing
- Market Risk Analysis
- For portfolio and an asset influenced by various factors like Standard Covariance/Correlation approach
- Risk Metrics
- Monte Carlo Simulation
- Multivariate GARCH
Risk Measurement in Fixed Income Markets
- Duration based partial revaluation approach (Historical Simulation), Cash Flow mapping
Credit Risk Measurement
- Introduction to credit risk
- Default Risk
- Managing credit risk
- Credit Metrics
- Default probabilities
- Agency ratings
- Credit scoring and Internal rating models
- Structural models for credit risk (Merton, KMV), Reduced form models, Logistic model for loan default evaluation
- LGD Estimation: LGD model methodologies; Application uses of LGD
- Exposure at Default: EAD Modelling
- Expected and unexpected credit loss
Operational Risk Measurement
- Introduction to operational risk with evidence of operational failures
- Estimating VaR for operational risk (Aggregate Loss Distribution/LDA) using Monte Carlo Simulation
- Operational risk management framework
- Operational risk process models Basics of Liquidity Risk: Liquidity Adjusted VaR under normal and stressed market
Asset Liability Management in Banks
Program Fees
For Indian Residents
90,000 Rs. 80,000 + GST* (Limited Time Offer)
Tenure
Deadline
Amount (INR)
1st instalment
Immediate Payment
Rs. 25000 + GST*
2nd Instalment
20 June 2025
Rs. 30000 + GST*
3rd Instalment
20 August 2025
Rs. 25000 + GST*
For International Students
USD 1600
Kindly Note : Campus visit will be over and above of program fee.
* Loan option available in 6, 9 & 12 EMIs from loan partners.
* 1% + GST* processing fees will be charged by loan partner in 6/9/12 months EMI.
* 1% + GST* processing fees will be charged by loan partner in 6/9/12 months EMI.
Course Certificate
Earn Certification After The Successful Completion Of The Course
Click to enlarge
Tools to be Used
Testimonials
Experience of our Alumni
About the institute
IIM KASHIPUR
- The Institute is set up with the objective of providing quality management education while sensitizing students towards the needs of the society.
- The faculty at IIM Kashipur represent the best mix of academic and industrial experiences.
- The Institute is located in one of the most densely industrialized regions in the country with over 180 industries having plants in and around the region. This places the Institute at a vantage point when it comes to ‘Learning by Doing’ via frequent industry interactions and live projects.
- The rigorous curriculum seeks to instil a passion for knowledge and ability to apply that knowledge to real life scenarios.
The flagship programmes of the institute are Master of Business Administration (MBA) and Master of Business Administration (Analytics) which are full time, two-year residential programmes. The rigorous educational curriculum tries to ingrain an enthusiasm for learning and the capacity to apply that information to real-life scenarios. The programme lays accentuation on all-round personality.
The institute also offers a two-year weekend Executive Master in Business Administration (MBA-WX) for working executives. Doctoral Programme – PhD and Executive Fellow Programme (EFPM) are the two doctoral programmes launched in 2015 and 2014 respectively. The faculty at IIM Kashipur represents one of the best mixes of academic and industrial experiences.
The 200-acre campus spreads loudness and cheers in the serene town of Kashipur, nested in the lap of Himalayas. The vibrant youth converging from across the country has lent life to and energized the beautiful campus. The institute brags of being situated in one of the densest industrialized districts in the nation with more than 180 ventures that have set up their plants in and around the region. This places the institution at a vantage moment when it comes to ‘Learning by Doing’ through regular industry interaction and live projects.
Start Your Application
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I have read the details and eligibility criteria for admission to the program, that I am applying for.
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I understand that my application shall be considered complete only when the Application fee along with required documents are received by IIM Rohtak and all mandatory fields in the application form are completed.
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I understand that merely submitting the application form and fee, does not entitle me for the admission to the Diploma programme The admission is purely on the basis of my profile scoring, qualification and further evaluation by the Institute.
Career Assistance
Corporate Prices / Plans
No. of Nomination
Discount
2 to 5
5%
6 to 10
7.5%
11 to 20
10%
21 and above
Contact the team
EMI Options / Plans
Partner
Tenure
EMI
1
Rs. 80000 + 18% GST
2
Rs. 80000 + 18% GST
9
Rs. Monthly
12
Rs. 10212 Monthly
Please Note
-
Processing Charges may be applicable as per bank rules.
-
No loan facility is available for foreign students.
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