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Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery
English	Self Study	Video and Text Based

Course Overview

Financial Risk Management with R certification is a 15 hours course belonging to the Entrepreneurial Finance: Strategy and Innovation Specialization course track that is offered by Coursera along with the academic side taken care of by Duke University. This programme is basically launched to teach the participants how they can make calculations about the returns of portfolio securities to quantify the market risk which is basically a requisite skill for the financial analysts in banks, insurance companies, hedge funds, and different investment firms.

Financial Risk Management with R training will help candidates use the two tools RStudio and R programming language with Microsoft Open R for calculating the Value-at-Risk (VaR), risk of stock portfolios, and Expected Shortfall (ES). This is an intermediate level of course that may require additional R programming skills for its participants. Additionally, the certificate will boost the confidence of the candidates pursuing risk calculation.

The Highlights

100% online programme
Intermediate level course
15 hours of classes
9 subtitles available
Self-paced learning
Shareable certificate by Coursera

Programme Offerings

Online Course
Certificate upon completion
Flexible Deadlines
Course in English
9 Subtitles Available
Lectures
Graded Assignments
peer reviews
Graded Quizzes

Courses and Certificate Fees

Certificate Availability	Certificate Providing Authority
yes	Coursera

After enrollment, the Financial Risk Management with R certification fee for the first 7 days is free of cost.

Financial Risk Management with R Fee Structure

Particulars	Fee Amount in INR
Financial Risk Management with R - Audit course	Free
Financial Risk Management with R - 1 month	Rs.4,015/-
Financial Risk Management with R - 3 months	Rs.8,031/-
Financial Risk Management with R - 6 months	Rs.12,046/-

Eligibility Criteria

Educational Qualification

Some knowledge in risk management, R coding, and statistics may help.

Certification Qualifying Details

Financial Risk Management with R certification by Coursera will be offered when the applicants are done with their course reading, videos, projects, and graded programming assignments.

What you will learn

R ProgrammingFinancial ManagementRisk Management

The Financial Risk Management with R certification syllabus will give insights into how candidates can use R programming for calculating the stock portfolio’s return as well as quantifying the risk associated with that portfolio. With this programme, candidates can go ahead with taking the best financial entrepreneurial decisions for their venture.

Who it is for

The participants who have an understanding of beginner-level R programming, and want to calculate, and quantify the financial risks associated with business ventures are welcomed for this course.

Admission Details

The Financial Risk Management with R admission process is as below:

Step 1: Vising the official website is the first mandatory step: https://www.coursera.org/learn/financial-risk-management-with-r.

Step 2: Then the next task clicking the ‘Enrol for Free’ button for the candidates.

Step 3: Next, they should search for financial help if available in Coursera.

Step 4: Then admission which comes under the free-trial period is available for 7 days.

Step 5: After the 7 days, participants continue their admission, and learning must pay the fee.

Application Details

For the Financial Risk Management with R certification, candidates as the first step need have to necessarily make a Coursera account by selecting the course which they are looking to pursue.

The Syllabus

Videos

Introduction
Retrieving Data from FRED
Calculating Daily Returns
Calculating Longer Returns
A Simple Example

Readings

Exercise 1 - Introduction to Microsoft Open R and R Studio
Week 1 Quiz Instructions

Practice Exercises

Exercise 2 - Retrieving data from FRED
Exercise 3 - Calculating Returns on Gold
Exercise 4 - Longer Horizon Returns of Gold
Week 1 Quiz (1 of 4)
Week 1 Quiz (2 of 4)
Week 1 Quiz (3 of 4)
Week 1 Quiz (4 of 4)

Videos

Distribution of Returns
Value-at-Risk (VaR)
Expected Shortfall (ES)
Using Simulation to Estimate VaR and ES

Readings

Week 2 Quiz Instructions

Practice Exercises

Exercise 5 - Estimating Parameters of the Normal Distribution
Exercise 6 - Estimating VaR of the Normal Distribution
Exercise 7 - Estimating ES of the Normal Distribution
Exercise 8 - Estimating VaR and ES via Simulation
Week 2 Quiz (1 of 4)
Week 2 Quiz (2 of 4)
Week 2 Quiz (3 of 4)
Week 2 Quiz (4 of 4)

Videos

Non-normal Distribution
Student-t Distribution
Rescaled t Distribution Model
VaR and ES for Multi-day Horizon

Readings

Week 3 Quiz Instructions

Practice Exercises

Exercise 9 - Skewness, Kurtosis, Jarque-Bera Test for Normality
Exercise 10 - Estimate Parameters of the Scaled Student-t Distribution
Exercise 11 - Estimate VaR and ES at 10-day Horizon
Week 3 Quiz (1 of 4)
Week 3 Quiz (2 of 4)
Week 3 Quiz (3 of 4)
Week 3 Quiz (4 of 4)

Videos

Future vs Historical Distribution
Volatility Clustering
GARCH
Estimation: rugarch Package
GARCH(1,1) - t
Diagnostic Tests
Using the ugarchboot Function
Using the ugarchroll Function
Course Summary

Reading

Week 4 Quiz Instructions

Practice Exercises

Exercise 12 - Serial Correlation, Volatility Clustering, GARCH
Exercise 13 - VaR and ES for GARCH bootstrap
Week 4 Quiz (1 of 4)
Week 4 Quiz (2 of 4)
Week 4 Quiz (3 of 4)
Week 4 Quiz (4 of 4)

Instructors

Duke University, Durham Frequently Asked Questions (FAQ's)

1: When can the assessments be accessed for this course?

At that point, when candidates have made an account on Coursera, they can start accessing the video lectures of this course.

2: Does the Financial Risk Management with R have any course subtitles?

A lot of subtitles in different languages like German, French, Portuguese (European), Italian, Arabic, English, Vietnamese, Russian, and Spanish are offered.

3: Can participants be placed in companies after the course completion?

Unfortunately, Coursera has no placement option in companies.

4: For how long can Financial Risk Management with R certification course be accessed without paying a penny?

Till 7 days after programme enrollment, the free version is available.

5: What is the course cancellation policy at Coursera?

If midway candidates feel that this course isn’t suitable, they can cancel at any time without any hassle and extra payment.