Associate PRM Program
Book Excerpts, Case Studies and Standards
The following resources are publicly available. These reading list items should be combined with The Essentials of Risk Management book.
Individuals studying for the Associate PRM examination should reference the reading materials lists in the Associate PRM Guidebook.
Book Excerpts
Excerpts from The Professional Risk Managers' Guide to Finance Theory and Application. (2008). Edited by Carol Alexander and Elizabeth Sheedy. PRMIA. McGraw-Hill. ISBN 0071546472
- The Structure of Financial Markets, by Colin Lawrence and Alistair Milne
- The Money Markets, Canadian Securities Institute, Toronto, Canada
- Bond Markets, by Moorad Choudhry, Lionel Martellini, and Philippe Priaulet
- The Foreign Exchange Market, Canadian Securities Institute, Toronto, Canada
- The Stock Market, by Andrew Street, PhD
- The Futures Market, Canadian Securities Institute, Toronto, Canada
- The Structure of Commodities Markets, by Colin Lawrence and Alistair Milne
- The Energy Markets, by Peter C. Fusaro
Excerpt from The Professional Risk Managers' Handbook: A Comprehensive Guide to Current Theory and Best Practices. (2004). Edited by Carol Alexander and Elizabeth Sheedy. PRMIA. ISBN 0976609703
Reprinted with permission. Copyright © 2003 David M. Rowe and Risk Magazine.
Case Studies
• Barings
• Long-Term Capital Management (LTCM)
• Metallgesellschaft
• National Australia Bank - FX Options
• Orange County
• Riggs Bank
NEW
• The Failure of FTX
• The Failure of Silicon Valley Bank
Standards and Practices
- Group of Thirty Best Practices, Global Derivatives Study Group. July 1993, ISBN 1567080901
- Principles of Good Governance Principles, PRMIA, September 2009
- Standards of Best Practice, Conduct and Ethics, PRMIA Ethics Committee, PRMIA, September 2009
- Bylaws of Professional Risk Managers' International Association, PRMIA, October 2020