FRM Part 2 - Book 2 - Credit Risk (Part 2/2)
Why take this course?
🎓 FRM Course by Prof. James Forgan, PhD
Course Overview:
Dive deep into the complex world of Credit Risk with our comprehensive FRM Part 2 - Book 2 course. Taught by the renowned Prof. James Forgan, this course is designed to cover the critical concepts found in the first 9 chapters of the Credit Risk book, preparing you for a successful performance on your FRM Part 2 exam.
Your Instructor:
🏫 James Forgan has been a fixture in the finance academia for over 25 years, with a rich background that includes:
- BS in Accounting
- Master of Science in Finance
- A PhD in Finance with a minor in Economics and two PhD level courses in Econometrics
- CFA Charterholder since 2004
- A seasoned college professor who has taught a variety of finance courses at six prestigious institutions.
Course Content:
This course meticulously breaks down the remaining chapters (10-20) of the Credit Risk book, ensuring you grasp all essential concepts. Here's what you'll explore:
✅ Chapter 10: Netting, Compression, Resets, and Termination Features
- Learn how these tools can be used to manage and mitigate counterparty credit risk.
✅ Chapter 11: Collateral
- Understand the role of collateral in securing financial transactions and its impact on credit risk management.
✅ Chapter 12: Credit Exposure and Funding
- Gain insights into managing credit exposure and the challenges associated with funding credit risk.
✅ Chapter 13: Counterparty Risk Intermediation
- Explore the intermediation of counterparty risk and its implications for financial institutions.
✅ Chapter 14: Credit and Debt Value Adjustment (CVA)
- Discover methods to adjust the value of credit and debt instruments for counseling risks.
✅ Chapter 15: Wrong-Way Risk
- Analyze the risks associated with mismatches in the duration or currency of cash flows.
✅ Chapter 16: The Evolution of Stress Testing Counterparty Exposures
- Delve into the advancements and techniques used in stress testing for counterparty exposures.
✅ Chapter 17: Credit Scoring and Retail Credit Risk Management
- Understand how credit scoring systems work and their role in managing retail credit risk.
✅ Chapter 18: The Credit Transfer Markets – And Their Implications
- Examine the mechanisms of the credit transfer markets and their broader implications for financial stability.
✅ Chapter 19: An Introduction to Securitization
- Learn about securitization and its role in financial markets, including its benefits and risks.
✅ Chapter 20: Understanding the Securitization of Subprime Mortgage Credit
- Analyze the infamous subprime mortgage crisis and its impact on the global financial system.
Why Take This Course?
This course is your key to understanding complex credit risk concepts that are crucial for the FRM Part 2 exam. With Prof. Forgan's extensive experience and clear, structured presentation of the material, you will:
- Master the critical topics in credit risk management
- Enhance your analytical skills with real-world applications
- Prepare effectively for the FRM Part 2 exam
- Stay ahead in the competitive field of financial risk management.
Embark on Your Risk Management Journey:
Ready to delve into the intricacies of credit risk and set yourself up for success in the FRM Part 2 exam? Enroll now and join a community of aspiring risk management professionals with Prof. James Forgan, PhD. 🎓
Key Takeaways:
- Expert-led instruction by a seasoned finance professor and CFA charterholder
- In-depth coverage of critical credit risk topics (Chapters 10-20 from the Credit Risk book)
- Comprehensive understanding of key concepts for the FRM Part 2 exam
- Engaging, practical learning experience with real-world examples.
Embark on your journey to mastering credit risk and securing your future in financial risk management today!
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