Financial Risk Manager (FRM)

Hours: 61 / Access Length: 12 Months / Delivery: Open, Mentor Supported
Retail Price: $450.00

Course Overview:

This course is currently undergoing a content review and update.  This has an anticipated ETA of June 30th, 2020.

The eFRM Coach Complete is a comprehensive online study guide for the FRM exams conducted by GARP.

The underlying tutorials of eFRM Coach Complete have been designed based on the FRM exam structure and the latest learning outcome statements. They possess every formula, definition, concept and application for all subjects covered in the exam. While the interactive study modules foster benchmarking and self-assessment against other candidates, the mock exams are modeled on the same lines as the final exam.

  • Foundations of Risk Management
  • Quantitative Analysis
  • Financial Markets and Products
  • Valuation and Risk Models
  • Market Risk Measurement and Management
  • Credit Risk Measurement and Management
  • Operational and Integrated Risk Management
  • Risk Management and Investment Management

Course Outline:

  • Overview of Risk Management
  • Classification of Risks
  • Capital Allocation
  • CAPM and Multifactor Models
  • Case Study - Metallgesellschaft
  • Case Study - Sumitomo
  • Case Study - LTCM
  • Case Study - Barings Bank
  • Time Value of Money
  • Descriptive Statistics
  • Probability Distribution
  • Fundamentals of Statistics I
  • Fundamentals of Statistics II
  • Forecasting correlation and Volatility
  • Extreme Value Theory-Basic Principles
  • Monte Carlo Methods
  • Derivative Markets and Instruments
  • The Futures Market
  • Fixed Income Derivatives
  • Valuing Futures and Forwards
  • Swaps
  • Options
  • Bond Markets
  • Corporate Bonds
  • Currency Risk and Currency Markets
  • Commodity Risk and Commodity Markets
  • Value-at-Risk
  • VaR Methods
  • Yield Measures
  • Yield Curve Analysis
  • Bond Pricing
  • Bond Price Volatility
  • Principles of Options Pricing
  • Stress Testing
  • Overview of Credit Risk
  • Rating Agencies and Their Grades
  • Transition Matrix and Correlated Migration
  • Volatility Smile and Volatility Term Structure
  • Exotic Options
  • Duration and Convexity of Fixed Income Securities
  • Key Rate and Bucket Exposures
  • The Science of Term Structure Models
  • Mortgage-Backed Securities
  • Pre-payment Models
  • Mortgage-Backed Securities - Structures
  • Backtesting VaR
  • VaR Mapping
  • Extreme Value Theory
  • An Overview of Mortgages and the Mortgage Market
  • Valuation of Mortgage-Backed Securities
  • Counterparty Risks
  • Credit Risk Transfer
  • Credit Derivatives
  • The Structuring Process
  • Securitization
  • Collateralized Debt Obligations
  • Overview of Credit Risk
  • Default Risk
  • Loss Given Default
  • Approaches to Measuring Credit Risk
  • Actuarial Approach and CreditRisk
  • Contingent Claim Approach and the KMV Model
  • Credit Migration, Transition Matrices and Credit Metrics
  • McKinsey Credit Portfolio View
  • Credit Risk Mitigation - Netting
  • Credit Risk Mitigation - Margin and Collateral Requirements
  • Risk Capital
  • Estimating Liquidity Risk
  • Model Risk
  • Aligning Basel II Operational Risk and Sarbanes-Oxley 404
  • Risk and Capital Adequacy
  • Enterprise Risk Management
  • Loss Distribution Approach
  • Principles for Sound Liquidity Risk Management and Supervision
  • Basel II-An Overview
  • Basel II-Risks and Measurement
  • Basel's Supervisory Guidance for Fair Value Practices
  • Guidelines for Computing Incremental Risk Charge
  • Basel II - Market Risk Amendment
  • Risk Budgeting and Setting Risk Limits
  • Hedge Fund Risk Management - I
  • Hedge Fund Risk Management - II
  • Pension Fund Risk Management
  • eFRM Level I Exam
  • eFRM Level II Exam

System Requirements:

System Requirements:

Internet Connectivity Requirements:
  • Cable and DSL internet connections are recommended for the best experience.
Hardware Requirements:
  • CPU: 1 GHz or higher
  • RAM: 2 GB or higher
  • Resolution: 1280 x 720 or higher
  • Speakers / Headphones
  • Microphone (Webinar / Live Online sessions)
Operating System Requirements:
  • Microsoft Windows 7 or 10 (Home, Pro)
  • Mac OSX 10 or higher.
  • Latest Chrome OS
  • Latest Linux Distributions

NOTE: While we understand that our courses can be viewed on Android and iPhone devices, we do not recommend the use of these devices for our courses. The size of these devices do not provide a good learning environment for students taking online or live online based courses.

Web Browser Requirements:
  • Latest Google Chrome is recommended for the best experience.
  • Latest Mozilla FireFox
  • Latest Microsoft Edge
  • Latest Apple Safari
Basic Software Requirements (These are recommendations of software to use):
  • Office suite software (Microsoft Office, OpenOffice, or LibreOffice)
  • PDF reader program (Adobe Reader, FoxIt)
  • Courses may require other software that is denoted in the above course outline.

** The course outlines displayed on this website are subject to change at any time without prior notice. **