FRM Part 2 - Book 1 - Market Risk (Part 1/2)
What you'll learn
- FRM Part 2 - Book 1 - Market Risk (Part 1/2)
- No requirement
James Forjan has taught graduate and post-graduate finance classes for over 25 years and has also co-authored college-level investment books. His resume includes:
BS in Accounting
Master of Science in Finance
PhD in Finance (minor in Economics, two PhD level courses in Econometrics)
Completed the CFA Program in 2004 and earned the CFA charter later that year
College professor who taught at six institutions since classes such as Corporate Finance, Investments, Derivatives Securities, International Finance
In this course, Prof. James Forgan, PhD, summarizes the first 9 chapters from the Market Risk Measurement and Management book so you can learn or review all of the important concepts for your FRM part 2 exam.
This course includes the following chapters:
1. Estimating Market Risk Measures
2. Non-Parametric Approaches
3. Parametric Approaches (II): Extreme Value
4. Backtesting VaR
5. VaR Mapping
6. Messages from the Academic Literature on Risk Management for the Trading Book
7. Some Correlation Basics: Properties, Motivation, Terminology
8. Empirical Properties of Correlation: How Do Correlations Behave in the Real World?
9. Financial Correlation Modeling – Bottom-Up Approaches
Who this course is for:
- FRM Part 2 candidates and risk management enthusiasts
James Forjan, PhD, CFA has taught college-level business classes for over 25 years. He currently teaches a number of different graduate and undergraduates classes in Pennsylvania. He received his CFA charter in 2004 and has always been keeping up to date with what is happening in the investment world and with the CFA Institute.
Stefan is a test prep professor at Northeastern Illinois University holding a Bachelor’s degree in Communication from the University of Southern California and a Master's degree in Journalism from Northwestern University. He has written practice problems for both GRE Prep Club and GMAT Club online prep materials, as well as participated as an invited test prep expert at live college admissions events globally for schools such as ESMT Berlin. He has scored in the 99th percentile or higher for each of the variety of standardized tests, including the ACT, Executive Assessment, Essential Skills Assessment, GMAT, GRE, LSAT, MAT, and SAT, that he has taught for more than a decade. In fact, at a previous test-prep employer, he was once voted best tutor in the Midwest region based on student feedback. His engaging style, perhaps honed while producing college and professional sports at ESPN, has helped hundreds of students from high schoolers looking to beat the ACT or SAT to undergrads and professionals looking to get into top tier graduate schools such as the University of Chicago, Harvard University, New York University, and Yale University.