Session V

of

Complete Course in Professional Risk Management

Led by

Professor M. Suresh Sundaresan

&

Professor Assaf Zeevi

Wednesday Evenings

April 1, 15, & 20, 2009*

6:30 p.m. - 9:30 p.m

*please note the change of date from the original schedule of April 1, 8 & 15

In this module, instructors will cover the following:

• Overview of Credit Risk Management
• Default and Recovery
• Macroeconomic Factors, Central Bank and Market Institutions
• Credit Ratings
• Default models: Merton Model, KMV and Credit Metrics
• Loss-given-default and Correlation Effects
• Credit Spreads and the Price of Credit Risk
• Credit Derivatives
• Regulation of Credit Risk  

Prior to attending this module, delegates should have a general familiarity with financial markets, cash flow analysis and present value.  Familiarity with basic concepts in probability and statistics as per the statistics module of the course, (probability, expected value, variance/covariance etc) is recommended.

Registration: 

Click here to download the enrollment form.

You may register for this individual module by clicking on Register Online to the left, or you may register for the Complete Course in Professional Risk Management which consists of all eight modules and begins January 14, 2008.  Seating preference will be given to those who register for the complete program.  Sustaining members of PRMIA receive discounted prices.

For assistance with Registration, contact Jill Fisher at 612-216-5497 or jill.fisher@prmia.org. 

Corporate Invoicing is available by contacting Jill Fisher at 612-216-5497 or jill.fisher@prmia.org.

Cancellation:  A refund (less a US $100 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.

Instructors

Suresh Sundaresan is the Chase Manhattan Bank Professor of Economics and Finance at Columbia University. He is currently the Chairman of the Finance subdivision. He has published in the areas of Treasury auctions, bidding, default risk, habit formation, term structure of interest rates, asset pricing, investment theory, pension asset allocation, swaps, options, forwards, futures, fixed-income securities markets and risk management.

Assaf Zeevi is Professor of Decision, Risk and Operations at the Graduate School of Business, Columbia University. His research focuses on stochastic modeling and statistics, and their applications in the design and analysis of service operations, revenue management systems and financial services.  Zeevi consults with various companies in the areas of high technology, financial services, and revenue management and serves on the editorial boards of several leading journals in his areas of research. Zeevi is a recipient of a CAREER Award from the National Science Foundation, and the Graduate School of Business Dean's Award for Teaching
Excellence.

(DISCLAIMER:  This program may be changed or cancelled due to unforeseen circumstances).