11 Courses and Certifications

Online Financial Risk Management Courses & Certifications

For any business, from small to large, finance and financial stability are of utmost importance for its stature. But with improper cash flow management in and out of business, companies face financial risks, restricting their growth and eventually leading to their downfall. That is why companies increasingly look for professionals having expertise in financial risk management. It is a crucial element of any successful business, and professionals in this field are experts that guide a company through the uncertainties of the financial market and devise smart strategies for business growth.

Financial Risk Management is a professional qualification for risk management professionals. Earning the FRM certification successfully awards an individual as a certified financial risk manager by the Global Association of Risk Professionals (GARP).

Apart from this, financial risk management courses are offered at graduate and postgraduate levels along with diploma courses. Some of the courses include BBA Risk Management, BSc Investment and Financial Risk Management, Bachelor of Business: Banking and Finance and Financial Risk Management, and MS in Financial Risk Management.

Many top institutes also offer online financial risk management courses via online platforms such as Edx, Coursera, and Udemy. After completing financial risk management courses, you can find job opportunities in banking, insurance, asset management and hedge funds, consulting, technology, and non-financial corporations.

What is Financial Risk Management?

It is the process of interpreting, assessing, and addressing potential risks associated with finance to ensure a company’s objectives are accomplished. With the right risk management strategies in finance, companies can deal with any erratic scenarios and maximize profits as much as possible.

Who Can Pursue Financial Risk Management Courses?

Anyone can take up financial risk management courses in graduation or after graduation. Individuals having an understanding of accounting, statistical probability, mathematics, software application and operations management can find these courses most apt for them. Professionals who want to level up their career in finance can also go for financial risk management certification courses.

Eligibility Criteria for Financial Risk Management Courses

  • For financial risk management certification, candidates need to appear for the FRM certification exam held twice a year (May and November) after graduation.
  • For bachelor’s courses, candidates must have passed 10+2 with at least 50% marks from a recognised board. 
  • For admissions to UG financial risk management courses, colleges conduct entrance exams such as DU JAT, BUMAT, KIITEE, and SET.
  • For PG financial risk management courses such as M.A. Financial Risk Management/ Master of Insurance and Risk Management, candidates should hold a bachelor’s degree in any relevant stream from a recognised college/university. 
  • Entrance exams for admission in PG courses include CAT, XAT, IBSAT, MICAT, IIFT, and the likes.

Skills Required for Financial Risk Management Courses

  • Analytical skills
  • Statistical skills
  • Good Communication
  • Organisation
  • Project management
  • Strong financial knowledge

What Will You Learn in Financial Risk Management Courses?

  • Taking up financial risk management courses will teach you critical skills in risk management in finance that you can utilise in banks, insurance companies, hedge funds, and other financial services and investment firms.
  • These courses are significantly designed to broaden your skill set and help you gain standardised industry knowledge, enabling you to become a leader in finance.

Popular Financial Risk Management Certification Courses

Pursuing financial risk management certification courses will equip aspirants with industry-ready skills. The courses improve career opportunities for professionals working in the financial industry. These online financial risk management courses are short term study programmes available for free or at some charges.

Here’s the list of the best financial risk management certification courses:

Course Name

Offered by

Duration

Fees

Certificate in Financial Risk Management

Vskills

Self-faced

INR 3,499

Executive Programme in Fintech Banking and Applied Risk Management

IIM Lucknow via Eruditus

5 Months

INR 107,500

Credit Risk Management in Banking

State Bank of India via Edx

6 Hours

Free

FRM Course

Edupristine

75 Hours

$400

Introduction to Risk Management

New York Institute of Finance, New York via Edx

4 Weeks

INR 7,328

Measuring Risk Equity, Fixed Income, Derivatives and FX

New York Institute of Finance, New York via Edx

4 Weeks

Free

Risk Management and Credit Principles

New York Institute of Finance, New York via Edx

6 Weeks

Free

Risk Management in Banks

State Bank of India via Edx

4 Weeks

Free

Stress Testing and Risk Regulation-Part 1

New York Institute of Finance, New York via Edx

4 Weeks

INR 25,993

Stress Testing and Risk Regulation-Part 2

New York Institute of Finance, New York via Edx

4 Weeks

Free


Career Options in Financial Risk Management

There are huge career opportunities for candidates in the finance domain. After completing financial risk management courses online or offline, you can find employment opportunities in banks, consulting, auditing firms, technology, insurance, educational institutes, government departments, and non-financial corporations. You can explore various job roles with lucrative salary packages after earning a certificate in financial risk management.

Some of the top job roles in the financial risk management domain are:

  • Financial Risk Manager
  • Market risk specialists
  • Operational risk analysts
  • Investments Analyst
  • Budget Analyst

Financial Risk Management Salary Trends

The salary of professionals specialising in financial risk management will vary depending on qualifications, skillset, job roles, and experience level. According to PayScale, the average salary of a risk manager in India is INR 998,483/ year.

Salary as per experience level

Less than 1 year

1-4 years

5-9 years

10-19 years

20 years & above

INR 634,015

INR 806,791

INR 1,117,138

INR 1,436,393

INR1,490,000

*Source: PayScale

Scope of Financial Risk Management

With the development of the financial market, risks associated with finance will continue to grow. The scope of financial risk management will witness a tremendous rise as the demand for financial risk managers is high. Financial risk management involves an assessment of many assets and liabilities in the present as well as in the future. With a financial risk management certification, candidates can find various career prospects, including risk management analytics consultant, risk quantification manager, enterprise commercial risk manager, market risk specialist, credit risk specialist, regulatory risk specialist, and many more.

Top Recruiters for FRM Certified Professionals

  • HDFC Life
  • Uber
  • ICICI Bank
  • Bajaj Capital Limited
  • L & T Finance Limited

FAQs

Q: What are financial risk management courses?

A: Financial risk management courses are professional courses for risk management professionals. The FRM designation is a certificate course offered by the Global Association of Risk Professionals (GARP), helping professionals better understand and manage financial risks.

Q: How to do financial risk management courses online?

A: There are many online financial risk management courses or certifications that equip you with industry-ready skills.

Q: Is pursuing financial risk management courses a good choice?

A: Pursuing financial risk management courses online or offline will open up various new opportunities in banks, hedge funds, insurance and non-financial corporations.

Q: What is the cost of a financial risk management course?

A: The financial risk management courses fees may differ from institute to institute and the course you choose.

Q: How long does it take to complete financial risk management courses online?

A: The duration of online financial risk management courses and certifications will vary, as per institute and the course type. The average duration ranges from a few weeks to months.

Q: What can I do after financial risk management courses?

A: As financial risk management has an impact on finance, accounts, insurance, assets, mergers, and everything in between, you can find huge opportunities after completing financial risk management courses and certifications.

Career Category
Specialization
Job Role
Skills

Pricing

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To
Executive Programme in Fintech Banking and Applied Risk Management

Offered by

Certificate

Executive Programme in Fintech, Banking & Applied Risk Management

The amalgamation of finance and technology in cryptocurrency is known as Fintech. Investments in fintech doubled up by about $ 3.7 billion in 2019, according to a report of The Economic Times report of 2020. 

The industry-relevant pedagogue of this programme and the live online sessions and sure that the learners gain not just theoretical, but practical knowledge that will help them in the real market.

The Executive Programme in Fintech, Banking and Applied Risk Management is a training programme by Indian Institute of Management, Lucknow, which intends to impart empirical knowledge about risk management systems and institutions, ways to create long-term value products amidst digital disturbances, constant emergence of new technologies, and contemporary regulations.

...Read More
6 Months
1,07,500
Skills Covered:
Knowledge of Blockchain Knowledge of FinTech
Risk Management and Credit Principles

Offered by

New York Institute of Finance, New York via Edx
Certificate

Risk Management and Credit Principles

The Risk Management and Credit Principles online course is part I of NYIF’s Credit and Credit Risk Analysis Professional Certificate programme. The programme begins with an introduction to risk credit principles and risk management. You will understand and review credit risk, the goals of credit analysis, and credit exposure. Moreover, topics like the purpose of debt, debt vs equity, and debt forms are also covered.

With the Risk Management and Credit Principles training, you will gain a deeper understanding of various principles of credit risk, like default, exposure, expected loss, default probability. Furthermore, other crucial concepts will be covered, which will enable you to assess industry and business risk, market competition, company business models, and the impact risks have on company performance.

As a bonus, you’ll also review how companies mitigate and measure these risks and apply your learnings on a dedicated hands-on risk analysis assessment. There’s also a certificate option available that can help you widen your employment opportunities by showcasing your skills to industry recruiters. However, if you only wish to learn, you can audit the Risk Management and Credit Principles course for free.

...Read More
6 Weeks
Expert
Free
Skills Covered:
Financial Management
Introduction to Risk Management

Offered by

New York Institute of Finance, New York via Edx
Certificate

Introduction to Risk Management

Introduction to Risk Management online course is an intermediate course in Economics and Finance that surveys various techniques and concepts involving risk management. In this course, you will learn to describe and identify the sources and types of financial risks. Also, you will understand the importance of risk regulation in financial markets. This course is part of the Complete Risk Management Professional Certificate.

Introduction to Risk Management by edX requires you to have basic statistics, probability, and MS Excel skills. This course requires a time investment of about one to two hours per week for four weeks. However, there is no fixed schedule of lectures. You can access the lessons at any given time from any given part of the world.

The instructor for the Introduction to Risk Management syllabus is Anton Theunissen. He has over ten years of academic experience. His expertise includes market risk, asset pricing, financial mathematics, fixed income and credit risk. At the end of the course, you will receive a certificate of completion bearing the logos of edX and the New York Institute of Finance.

...Read More
4 Weeks
Intermediate
7,411
Skills Covered:
Financial Management
Risk Management Tools and Practices

Offered by

New York Institute of Finance, New York via Edx
Certificate

Risk Management Tools and Practices

Risk Management Tools and Practices online course is an intermediate course that introduces you to various concepts in risk management techniques. These techniques include management of assets and liabilities, integrated risk management and using standard hedging instruments. The course has five modules, each dedicated to a vital topic on risk management. These topics include Model risk, Risk reporting, Asset and liability management, Liquidity and operational risk management, and Risk management tools.

Risk Management Tools and Practices by edX is a four-week course and requires a weekly investment of one to two hours to complete. There are no time-bound sessions. You can listen and learn from the video lessons at your convenience. It offers a certificate that will improve your credentials and increase your value to a potential employer.

Risk Management Tools and Practices is a course in the economics and finance category. The course is part of the Risk Management Professional Certificate series and will be taught by Anton Theunissen.

...Read More
4 Weeks
Intermediate
26,127
Skills Covered:
Financial Management
Stress Testing and Risk Regulation-Part 1

Offered by

New York Institute of Finance, New York via Edx
Certificate

Stress Testing and Risk Regulation – Part 1

The Stress Testing and Risk Regulation – Part 1 online course is an intermediate level of the programme designed for people who are interested in the field of economics and finance. The course revolves around the topics of BIS capital, risk regulations etc. The course can be joined at any time without having to worry about any deadlines. The course will start as soon as the user enters the course. The language of the course is English. The course is offered in association with the New York Institute of Finance. 

The Stress Testing and Risk Regulation – Part 1 certification syllabus can be concluded within 4 weeks or a month. In this course, students get to choose their study schedules according to their time requirements and willingness. Students do not have to follow any timeline to attend the classes and are free to join or leave the sessions anytime. By the time the Stress Testing and Risk Regulation – Part 1 certification course ends, students will be able to achieve a certificate, provided that students complete the entire chapters successfully. 

...Read More
4 Weeks
Intermediate
26,127
Skills Covered:
Financial Management
Stress Testing and Risk Regulation-Part 2

Offered by

New York Institute of Finance, New York via Edx
Certificate

Stress Testing and Risk Regulation – Part 2

The course on Stress Testing and Risk Regulation – Part 2 by edX will be covering the details of the practical aspects that are involved in the DFAST and CCAR test that is conducted in the US. The course during the four week time will be an emphasis on the subject of “finance and economics”. The students in the Stress Testing and Risk Regulation – Part 2 certification syllabus will be covering the topics of -   Approaches to stress testing, stress testing process, common historical scenarios, value at risk, credit stress, regulatory stress tests, PPNR modelling and others.

...Read More
4 Weeks
Intermediate
26,127
Skills Covered:
Financial Management
Measuring Risk Equity, Fixed Income, Derivatives and FX

Offered by

New York Institute of Finance, New York via Edx
Certificate

Measuring Risk Equity, Fixed Income, Derivatives, and FX

Measuring Risk course by edX is a survey of risk measurement practices and risk measures applied to individual portfolios and securities. In this four-week economics and finance course, you will also study and read risk reports published by traded financial institutions. Various risk measurement methodologies like Derivatives Risk, equity risk, and credit risk are also covered.

Upon completing the Measuring Risk online course, you will receive a certificate bearing the name of the New York Institute of Finance (NYIF). An NYIF certificate will undoubtedly add weight to your credentials and prove your worth as a work-ready risk management professional. If you wish to learn more, you can also participate in the remaining courses of the Risk Management Professional Certificate programme.

The Measuring Risk certification course offers a self-paced learning style, meaning you can navigate the course at your convenience. To get the most out of this training programme, it is recommended you spend at least one-two hours per week on the course material.

...Read More
4 Weeks
Intermediate
18,641
Skills Covered:
Financial Management

Offered by

Certificate

Risk Management in Banks

The Risk Management in Banks certification course has been created and offered by edX in collaboration with the State Bank of India (SBI). It is an intermediate-level course in the Economics and Finance domain that focuses on the different risks faced by banking institutions. You will learn about the essential elements that are a part of the framework adopted by financial institutions for risk management.

Moreover, the Risk Management in Banks syllabus will include topics like risk and capital and different risk management and assessment techniques. You will learn from an expert faculty who work at SBI. The programme doesn’t require any prerequisite knowledge and is free to join.

Lastly, the Risk Management in Banks by EdX has a self-paced learning format to help you learn at your convenience and schedule. Although there is an audit option available, you can also opt for the verified track to gain additional benefits and resources.

...Read More
4 Weeks
Intermediate
Free

Offered by

Certificate

FRM Course

EduPristine FRM® Course Training helps you ace the global industry-recognized professional certification awarded by the Global Association of Risk Professionals (GARP, USA). Banking and finance professionals can learn the application of risk management tools and methodologies, enabling the investment management process.

The FRM training course provides you with a rigorous curriculum including concepts of risk management, financial market, finance products, credit risk management, investment management, integrated risk management, valuation, risk models, quantitative analysis strategies, and more. The FRM certification is recognized as the premier designation in the financial markets, and EduPristine is a leading and authorized training provider for the FRM examination in India. 

The FRM® Course curriculum consists of two levels to help you clear the FRM examination in one go. With 75+ hours of intensive instructor-led classroom sessions or self-study training, the course can take a minimum of one year to complete. Additionally, you will also explore the subject through a practical and experiential learning methodology, including case studies, mock exams, Advanced FRM® question bank, sample problems, revision classes, and task-solving sessions.

...Read More
75 Hours
Skills Covered:
Financial Management

Offered by

Certificate

Credit Risk Management in Banking

In the Credit Risk Management in Banking online course, you will learn the essentials of credit risk management used by banks. It is a great curriculum for bankers who want to become Credit underwriters or Credit analysts. It will equip you with the knowledge of credit risk management’s aspects and build your confidence. Since it is an intermediate-level course, prior knowledge of the credit risk management basics is sufficient to understand the syllabus.

Credit Risk Management in Banking certification syllabus will dive into significant domains regarding credit risk management. These include using financial management tools like cash flow analysis, ratio analysis, and fund flow analysis, selecting a borrower, and reading financial statements. It will also talk about the income earned through credit.

The Credit Risk Management in Banking programme will be taught by the State Bank of India’s expert faculty. It is a 6-week training programme and offers a verified certification. You can audit the training without any fee payment or choose additional benefits with the paid track.

...Read More
6 Hours
Intermediate
Free
Skills Covered:
Financial Management
Certificate in Financial Risk Management

Offered by

Certificate

Certificate in Financial Risk Management

Vskills Certificate in Financial Risk Management online course is a comprehensive study of the best practices for risk management and is a perfect fit for aspiring risk managers and students. This course is aimed at improving career opportunities for students and professionals currently working in the financial industry.

The Certificate in Financial Risk Management course aims to broaden your skillset and helps you earn standardised industry knowledge which enables you to become a better financial leader. This course takes you through the basics of risks to BASEL accords, covering topics like risk classification, risk management, and risk measurement throughout. When you enrol in the course, you will receive online e-learning access, along with the hard-copy of the study material.

Upon successful completion of the online Certificate in Financial Risk Management programme, Vskill provides you with a government-recognized certificate which you can use to improve your career prospects. You also receive a Vskill certified tag on various employment platforms like Monster India and Shine. To obtain the certificate, you’ll have to appear for an online exam and score the minimum required marks.

...Read More
3,499
Skills Covered:
Financial Management

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