Risk Management for the Debt and Equity Markets

Participants will learn to measure and manage financial risk, including interest rate and yield curve risks. They will also be exposed to the traditional approaches to managing risk, as well as the use of derivatives in risk management.

04-Jun-2013 -- 05-Jun-2013New YorkUSD$2475
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Joseph Onochie; ] Tue Wed Level: Intermediate

10-Dec-2013 -- 11-Dec-2013New YorkUSD$2475
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Joseph Onochie; ] Tue Wed Level: Intermediate

CPE CREDITS
14.0
No advance preparation required.
Introduction to and Overview of Risk Management or equivalent knowledge.
"Professor Onochie was able to explain complex issues in a simple manner"
"Personally, I was not aware of the complex issues and high level of the course"
  • Credit Derivatives: Intermediate
  • Credit Derivatives: Intermediate - Evening
  • Equity Derivatives - Day
  • Equity Derivatives - Evening
    • Day 1
    Measuring Financial Risk
    • Interest rate and yield curve risks
    • Price value of a basis point (DV01)
    • Duration
    • Convexity

    Equity Risks

    • Variance
    • Covariance
    • Correlation
    • Beta
    • Value-at-risk
    • Variance-Covariance
    • Delta-Gamma adjustments
    • Historical simulation
    • Monte-Carlo simulation

    Day 2
    Approaches to Financial Risk Management
    • Traditional approaches to financial risk management
    • Immunizations
    • Risk limits
    • Internal controls
    • Natural hedges in portfolios

    Using Derivatives to Manage Financial Risks

    • Forwards
    • Futures
    • Swaps
    • Options
    • Using exotics and other structures

    Asset Liability Management

    • Maturity-Matching
    • Gap
    • Duration

    Clients who register for this course will receive a complimentary 4-month subscription to FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. The move to the electronic version follows an ongoing review of our environmental responsibilities as a global business and as part of the Pearson group. FT.com also has features that are not available in hard copy, such as: Special Reports, Alphaville, editor blogs, education sections and much more! Subscriptions will start within 6-8 weeks of the start of class and are limited to one subscription per client. (Please note: as of May 1, 2011, the electronic subscription replaces the hard-copy 3-month Financial Times subscription.)

    Lunch is included for all students taking day classes.