Prepare for the worst before things go bad. Learn the foundations of financial risk management, including identifying, measuring, owning, addressing, and monitoring risk.
Overview
Syllabus
Introduction
- Managing risk for your business
- Understanding risk in corporations
- The risk management process
- The importance of a risk management process
- Four nonfinancial corporate risks
- Five financial corporate risks
- Overview of financial market risks
- Direct and indirect risks
- Financial risk management solutions
- Financial solutions: Buyer options
- Financial solutions: Seller options
- Financial solutions: Interest rate swaps
- Financial solutions: Futures and forwards
- The cost of financial risk management solutions: Standardization and time
- The cost of financial risk management solutions: Liquidity and volatility
- Nonfinancial solutions
- Professionals in corporate risk management
- Quantitative and qualitative data collection for risk management
- Looking ahead
Taught by
Jason Schenker