PRMIA Education Event

 
A Complete Course in Risk Management

Jan 11, 2012
6:00 PM

Cost :

Sustaining Members:
US$8895.00


Free/Non-Members:
US$8995.00

Meeting Venue
Columbia Business School
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A COMPLETE COURSE IN RISK MANAGEMENT

With PRMIA & Columbia Business School, Executive Education

        Columbia Logo smaller copy.jpg        PRMIA_Logo sharp.jpg

 

Meeting one evening per week for 20 weeks

January 11 - May 30, 2012

6:00 pm - 9:00 pm


Download Brochure

Download Enrollment Form

Choose the Complete Course (all eight modules) or individual groups that best fit your demands.  Click on the title of the session for individual module fees, module outlines and registration. 

Foundations of Risk Measurement - January 11 & January 18, 2012

Foundations of Risk Finance Theory - Monday, January 23 & Wednesday, February 1, 2012

Financial Markets and Instruments - Wednesday, February 8, Monday, February 13, and Wednesdays, February 22 & 29, 2012

Market Risk Management - March 7, 14, & 21, 2012

Credit Risk Management  - March 28, April 4 & 11, 2012

Capital Allocation - April 18 & 25, 2012

Operational Risk Management - May 2 & 9, 2012

Governance and Case Studies - May 16 & 23, 2012

 

Optional Final Exam** and Reception - May 30, 2012


 

Delegates who participate in the Complete Course and pass a final examination will be awarded a certificate from Columbia Business School and PRMIA. Please see FAQs below regarding any questions pertaining to the final exam.

What You Will Learn

 

 

  • The essential foundations of risk measurement
  • Portfolio analytics and portfolio theory
  • Term structure of interest rates
  • How to price a bond
  • Pricing futures, forwards, options and swaps
  • Essentials of credit derivatives
  • Overview of OTC and exchange-traded markets
  • Risk Measures in fixed income and portfolios
  • Value at Risk Techniques - Analytic, Historical and Monte Carlo
  • Stress testing and backtesting techniques
  • Credit analysis, credit scoring and internal models
  • An overview of poular public credit risk models
  • Current best practices in Operational Risk
  • Capital allocation - regulatory and economic
  • Introduction to RAROC and RAPM
  • Current governance best practices
  • What went wrong in famous case studies and how to avoid repeating the mistakes

     

     

     Each delegate will receive a digital version of the Professional Risk Managers' Handbook: A Comprehensive Guide to Current Theory and Best Practices.  The Professional Risk Managers' Handbook is used in more than 105 countries, at 23 of the world's largest banks and at all ten of the world's largest financial institutions.  It also serves as the foundation of graduate level programs in risk management.  This digital material will be accessed via the PRMIA website.  PRMIA membership is required. 

    Supplemental classroom notes will also be provided.

     


     

    CONTACT:  (please note FAQ section towards bottom of this page)

    Allyn Sellers Email: allyn.sellers@prmia.org  Tel: 612-216-4739

  • FEE:  The course fee is $11,995 (Complete Course).

    DISCOUNTS:  The course fee is $8,995 for registrations received by December 21, 2011. Further discounts are given when two or more from the same company register for the Complete Course.  Contact Allyn for more details.  For registration fees for individual modules, click on the module title above to be linked to that registration page.

    Sustaining Members of PRMIA receive an additional $100 discount.  To learn more about Sustaining Member ship click here.

    TO REGISTER: Click on Register Online in the upper left-hand margin or Download Enrollment Form

    Also, you may contact Allyn Sellers at 612-216-4739 or allyn.sellers@prmia.org.

     

    Delegates can choose the Complete Course or individual course groups that fit their demands.  Delegates who take the Complete Course and pass a final examination will be awarded a certificate from Columbia Business School Executive Education and PRMIA.

    CANCELLATION: A refund (less a US$500 administration fee) will be made if formal notice of cancellation is received two weeks prior to the date of the event.  We regret that no refunds will be made after that date.  Substitutions may be made at no extra charge.

    This program may be changed or canceled due to unforeseen circumstances.



    FREQUENTLY ASKED QUESTIONS:

    Will I receive a certificate?

    All participating delegates will receive a dated certificate of completion with the Columbia Business School Executive Education and PRMIA logos. This certificate and a letter indicating your final exam score will be mailed to you within two weeks of the completion of exam*.  If one chooses not to take the exam or does not pass the exam, a certificate of participation will be issued. 

    What does the final exam consist of?

    This exam is not the PRM exam and the passing of this exam does not result in the PRM designation. Click here to learn more about the PRM Exams.

     

    Will I receive the PRM designation upon the completion of this course?

    Attending this intensive training course does not result in the PRM designation/certification. However, all delegates will receive a certificate of attendance with the PRMIA and Columbia Business School Executive Education.

    Does the Complete Course prepare me for the PRM Exams?

    The Complete Course in Risk Management is separate from the PRM program and does not result in delegates receiving their designation. This course can, however, be a beneficial tool for those preparing for the exams and delegates enrolled in the Complete Course in Risk Management will receive a hard copy of the Handbook. Please note that not all of the material in the Handbook will be covered. This course gives an excellent general overview of Risk Management and provides the theoretical grounding to enhance your career and improve your job performance.

    What mathematical background is needed for this course?

    This course takes a quantitative approach to risk management so a certain level of mathematical knowledge will be very beneficial. The mathematics background recommended for this course is similar to that needed going to an MBA program. It includes basic understanding of equations, what a variable is, the use of logarithms and exponentials, and some crude familiarity with mathematical manipulations at the GMAT level. Exposure to statistics, probability, and regression is a plus but not a requirement, as the course does offer a brief glimpse of some of these ideas in the first day.

     


     CONTINUING EDUCATION CREDITS

    Columbia Logo smaller copy.jpgThis program qualifies for up to 7.5 days towards Columbia Business School, Executive Education Certificate in Business Excellence (CIBE).  To learn more about this certificate visit the Columbia website at http://www4.gsb.columbia.edu/execed/certificate/learn-more.

     

    CFA Institute CE Qualified Activity logo blk.jpg

     As a participant in the CFA Institute Approved-Provider Program, PRMIA has determined that this program qualifies for 40 credit hours.  If you are a CFA Institute member, CE credit for your participation in this program will be automatically recorded in your CE Diary upon the report of your CFA member number to training@prmia.org.

     

    CPE2COLO.JPG This training course qualifies for up to 70 CPE credits.

     

    PRMIA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.learningmarket.org

     

     

 

 

 
 
 
 
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