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Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery	Frequency Of Classes
English	Self Study, Virtual Classroom, Campus Based/Physical Classroom	Video and Text Based	Weekends

Course Overview

One of the emerging components that have been found to play a crucial role in an organisation’s financial health, is Risk Quantification. This Executive Development Programme in Applied Risk Management Course offered by IIM Kashipur provides the best training on how to make use of the tools available in quantifying financial risks (Including credit risk, market risks, and operational risks) And other issues and related problems with financial risk management.

This course is a hands-on experience of learning and implementing the tools and best techniques using the recent relevant market data. Candidates get to attend online sessions and visit the campus as well. The Executive Development Programme in Applied Risk Management provides a practitioner's perspective involved in measuring all the different financial risks. The course strikes a balance between the details of an institution, its theoretical foundation, and also the practical applications of it. The course makes extensive use of Microsoft Excel as well as R in teaching practices.

The Highlights

Blended learning - Online sessions plus campus visit
Certificate from IIM Kashipur
5-month duration
Weekend class schedule
India’s top faculties
Case-based session

Programme Offerings

Live Lectures
cloud campus access
project work
assessments
Case Studies
quiz assignments
campus visits
certificate by IIM Kashipur

Courses and Certificate Fees

Certificate Availability	Certificate Providing Authority
yes	IIM Kashipur

The EDP in Applied Financial Risk Management Programme Fee details are as follows:

For Indian candidates, the course is priced at Rs. 65,000 + GST.
For International candidates, the course is priced at USD 1600.
An application fee of Rs. 500 needs to be paid.

EDP in Applied Financial Risk Management Programme Fee details

Head	Indian Students (without GST)	International Students
Programme Fees	Rs. 65000	US Dollar 1600
1st Installment	Rs. 20000	US Dollar 500
2nd Installment	Rs. 20000	US Dollar 500
3rd Installment	Rs. 20000	US Dollar 600

*18% of GST is applicable

Eligibility Criteria

Work Experience

The minimum requisite is 2 years of work experience. However, on an individual case basis, exceptions can be made.

Education

To pursues the Executive Development Programme in Applied Risk Management Course student must have the following:

All candidates must be proficient in English (Spoken and written).
Indian candidates: Graduate degree in any of the disciplines with the subject of Mathematics/ Statistics minimum upto 10+2. The degree must be from a recognised university. (AICTE/ UGC/ AIU/ DEC/ State government)
International Candidates: A graduate or other degree of the same equivalence from any recognised university/ college in their country of residence.

Certification Qualifying Details

To qualify for the IIM Kashipur certificate in the Executive Development Programme in Applied Risk Management Course all students must go through periodic evaluations in different forms and formats (graded quizzes, assignments, case studies, objective and subjective exams, and main business plan). The assessments are designed in order to ensure all the students participate and engage in the learning process of the course and gain practical insights and experience.

What you will learn

Financial Management

After completing the Executive Development Programme in Applied Risk Management Course successfully, candidates can have more informed insights on-

Working knowledge of financial risk management and its application in institutions.
Practical understanding of financial risk management tools like the use of probability theory and financial derivatives to predict and analyse risks.
Developing a better understanding of different risk metrics and what they mean for an institution.
Candidates will learn first-hand techniques of measurement of risks in Fixed income markets(with the use of cash flow markings etc).
Develop a deeper understanding of the need for measuring operational risks in an entity.
Crucial real-time learnings from live classes and hands-on experience on relevant projects.

Who it is for

Entrepreneur

The Executive Development Programme in Applied Risk Management Course will benefit a multi disciple audience and is highly recommended for the following sets of individuals:

Entrepreneurs who want to assess their financial risks in the market without depending on third party entities.
Financial head of companies, team leaders, or professionals who want to mitigate high financial risks and safeguard their organisation.
Graduates looking to broaden their horizons and careers by gaining real experience in financial risk management.
Professionals working in the field of finance.

Admission Details

Follow these simple steps to get yourself registered for the Executive Development Programme in Applied Risk Management Course from IIM Kashipur:

Step 1: Visit the Course Url and click on ‘Start Your Application’

Step 2: Verify your email and complete the registration.

Step 3: Pay for the application form through your choice of payment modes.

Step 4: After paying for the application, fill up the detailed application form provided on the website for the course.

Step 5: Next your profile will be evaluated by the evaluation team from the institute.

Step 6: For selected candidates, the evaluation team will offer a Letter of Intent(LOI)

Step 7: Pay your first instalment of the course fee and get started.

The Syllabus

Basics of Financial Risk Management
Fundamental Probability Theory
Brief Overview of Financial Derivatives

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
VaR of factors

Duration based partial revaluation approach (Historical Simulation), Cash Flow mapping

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

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

Instructors

IIM Kashipur Frequently Asked Questions (FAQ's)

1: Why should I apply for the course through Nulearn?

Nulearn provides an easy platform where students can browse, read, and know all the specific details about the course in one place. It will assist you in applying for the course and provide help every step of the way.

2: How can I ensure my application form does not get canceled?

Firstly, make sure to read and fulfil all the eligibility criteria given on the course page. And secondly, ensure that you fill out the application without errors and submit all the supporting documents required with the form.

3: Is there a corporate discount for the course?

Yes. Corporates looking to enroll more than one candidate for this course will get a special discount from 5-10% depending on the number of candidates. For more details please drop an email at connect@nulearn.in

4: What happens if a candidate has doubts about a topic after a class?

The candidate can approach the professor for any doubts he may have during the LIVE class in the same session itself. However, if you have any doubts and clarifications after the class he can raise questions or any doubts on the cloud campus.

5: How much work experience is compulsory for admission to this course?

The eligibility criteria for the course states a minimum of 2 years of work experience. However, on a case to case basis, some exceptions can be made.

6: Will, I get a certificate for the course?

Yes. Candidates who have a minimum attendance of 75% and complete all the given evaluations successfully will be awarded a certificate for Exe. development programme in Applied Risk Management Course by IIM Kashipur.

7: What special tools will be used in the course of training?

There will be extensive use of R(The R Project for Statistical Computing) and Microsoft Excel for teaching this course. Candidates are expected to have good knowledge of these two tools.

8: What is the primary method of conducting the course?

The primary method of instruction for the course will be virtual LIVE classes, conducted by the institute. Students are expected to have a steady internet connection to live stream the classes on their laptops/desktops.

9: What is the total duration of the course?

The total duration of the course is 5 months.

10: Where can I get the brochure for the programme?

You can download the course brochure for more details, from the nuLearn course details page here: https://www.nulearn.in/courses/executive-development-programme-in-applied-financial-risk-management#mentors