Risk Management, PRMIA

Valuation
June 8 & 9, 2009
NYU Stern School of Business

The objective of this program is to provide the fundamentals of the different valuation approaches, an understanding of the limitations of each approach, and examples of each of the applications. The program will address discounted cash flow valuation and the estimation issues that arise when information is imprecise or unavailable, value enhancement through the prism of discounted cash flow models, and contrast techniques. It will also delve into other valuation approaches, such as the use of multiples and comparables in relative valuation, and the use of option pricing to value certain types of stocks and businesses.

To learn more about this course or to register, visit http://prmia.org/events/view_events.php?eventID=3410.

Integrated Risk Management: Enhancing Competitive Performance
September 21 - 23, 2009
NYU Stern School of Business

With a "generalist" focus on this subject, this program will be as non-technical as possible and will involve appropriate input of concepts, observations and applied cutting edge perspectives from the faculty - but will equally draw on the experience of the participants.

The content will cover how effective risk management cuts across a range of disciplines, including finance, economics, applied mathematics and actuarial science and touches on strategic and tactical management as well as various banking, insurance and corporate functions.

The course covers a variety of instruments and techniques, as well as the emergence of new risk measures and serious problems that can occur from misunderstanding the interdependencies among different risk domains. Risk models themselves are inevitably based on historical data, and can be subject to model risk which by itself needs to be understood and taken into account.

To learn more about this course or to register, visit http://prmia.org/events/view_events.php?eventID=3396.