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Effectively practicing risk management requires a broad and solid foundation of knowledge. This intensive program, led by the faculty of one of the world’s top business schools, provides delegates with such a foundation.

The Complete Course is comprised of eight Course Groups ranging from two to three weeks in length.You can register for any of the individual Course Groups or the complete course.

Click here to view the brochure.

What You Will Learn

The essential foundations of risk measurement

Portfolio analytics and portfolio theory
Term structure of interest rates
How to price a bond
Pricing futures, forwards, options and swaps
Essentials of credit derivatives
Overview of OTC and exchange-traded markets
Risk measures in fixed income and portfolios
Value at Risk techniques – Analytic, Historical and Monte Carlo
Stress testing and backtesting techniques
Credit analysis, credit scoring and internal models
An overview of popular public credit risk models
Current best practices in Operational Risk
Capital allocation – regulatory and economic
Introduction to RAROC and RAPM
Current governance best practices
What went wrong in famous case studies and how to avoid repeating the mistakes

Who Should Attend

This program is designed to develop the knowledge and understanding of risk management practices in those advancing their careers in financial risk management. The foundations apply across all sectors: banking, insurance, asset management, hedge funds, energy, securities, regulation/supervision and more…

Chief Risk Officers and heads of risk management can use this program to develop the talents of their key staff members.

Market, Credit or Operational risk specialists can use this program to expand their knowledge of other approaches to understanding risk.

Regulators, auditors and supervisors can use this program to increase their expertise in validation of advance risk management infrastructures.

IT personnel can use this program to improve the effectiveness of their work in building the risk management architecture of their organizations.

Financial engineers can use this program to enhance the application of their technical skills to the broader organization.

Course Extras

Each delegate will receive a copy of the Professional Risk Managers’ Handbook: A Comprehensive Guide to Current Theory and Best Practices. The Professional Risk Managers’ Handbook is used in more than 105 countries, at 23 of the world’s 25 largest banks and at all ten of the world’s largest financial institutions. It also serves as the foundation of graduate level programs in risk management.

Supplemental classroom notes will also be provided.

The course fee is $5,500.
Register by December 12, 2008 and receive the early registration discount fee of $5,000.

To register for the Complete Course: Download enrollment form. You may also click on Register Online to the left, or contact Jill Fisher at 612-216-5497 or jill.fisher@prmia.org.

Further discounts are given when two or more from the same company register for the Complete Course. Contact Jill for more details.

Delegates can choose the Complete Course or individual course groups that fit their demands. Delegates who take the Complete Course and pass a final examination will be awarded a certificate from The George Washington School of Business and PRMIA.

A refund, less US $500, will be made if formal notification of cancellation is received two week 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 by contacting our staff at billing@prmia.org

COMPLETE COURSE IN PROFESSIONAL RISK MANAGEMENT

Classes run Thursday evenings from 6:00 pm - 9:00 pm

Choose the complete course (all eight sessions) or individual groups that best fit your demands. Click on the title of the session for further details and/or to register for that specific session.

Foundations of Risk Finance Theory - January 15 & 22, 2009

Analytical Foundations of Risk Measurement - January 29 & February 5, 2009

Financial Markets and Instruments - February 12, 19, 26 & March 5, 2009

Market Risk Management - March 12, 19 & 26, 2009

Credit Risk Management - April 2, 9 & 16, 2009

Operational Risk Management - April 23 & 30, 2009

Capital Allocation - May 7 & 14, 2009

Governance and Case Studies - May 21 & 28

Final Exam - June 4, 2009

CFA Continuing Education Credits

The PRMIA is registered with CFA Institute as an Approved Provider of professional development programs. This program is eligible for 40 PD credit hours as granted by CFA Institute, the maximum amount awarded for any single course.