1. Asset Liability Management – A library of 28 Courses

1. Scope of ALM
2. Objectives of ALM
3. Growing Relevance of ALM
4. A Nine-part Framework for ALM
5. Strategies of ALM
6. Yield Curve Analysis
7. Interest Rate Gap Analysis - I
8. Interest Rate Gap Analysis - II
9. Interest Rate Gap Analysis - III
10. Simulation and Scenario Analysis - I
11. Simulation and Scenario Analysis - II
12. Duration I
13. Duration II
14. Duration III
15. Duration IV
16. Strategies for Interest Risk Management
17. Basis Point Value
18. Convexity
19. Review of Statistical Concepts
20. Value at Risk - I
21. Value at Risk - II
22. Application of Analytical Techniques
23. AL Organization
24. ALCO Meetings
25. ALM Policies and Procedures
26. Funds Transfer Pricing-Practices
27. Funds Transfer Pricing
28. Audit of ALM

Job Aids

• Measurement Tools
  
• Disclosures
  
• Regulations
  
• Global Best Practices
  
• Benchmarking Data
  
• Policy Templates
  

Calculators in Asset Liability Management

• Standard Deviation for a given Confidence Level
  
• Confidence Level for a given Standard Deviation
  
• Duration
  
• Duration of a Portfolio
  
• Duration using Zero Coupon Yield Curve
  
• Duration of Amortizing Assets
  
• Duration of uneven cash flows
  
• Duration of Equity
  
• Convexity
  
• Convexity of uneven cash flow
  
• BPV of a Bond
  
• BPV of a Forward Rate Agreement (FRA)
  
• BPV of a Portfolio
  
• BPV of a Coupon Paying Bond
  
• Value at Risk - Variance Covariance Method
  
• Value at Risk for Different Weights
  
• Gap Income Impact
  
• Forward Rate Calculator
  
• Zero Coupon Yield Calculator
  
• VaR for required period and confidence level
  

2. Liquidity Management & Contingency Funding Plan – A library of 14 Courses

1. Role of Liquidity In ALM
2. Liquidity Crises - Case Studies
3. Liquidity Measurement Systems – 1
4. Liquidity Measurement Systems - 2
5. Liquidity Measurement Systems – 3
6. Practical Tools and Techniques
7. Liquidity Strategies – 1
8. Liquidity Strategies – 2
9. Trading Liquidity Risk – 1
10. Trading Liquidity Risk – 2
11. Trading Liquidity Risk – 3
12. Trading Liquidity Risk – 4
13. Contingency Funding Plan – 1
14. Contingency Funding Plan - 2

Job Aids

• Measurement Tools
  
• Liquidity Disclosures
  
• Liquidity Regulations
  
• Global Best Practices
  
• Benchmarking Data
  
• Policy Templates

Calculators in Liquidity Management & Contingency Funding Plan

• Ratio Tool
• Gap Tool
  

3. Financial Institutions Analysis - CAMELS Approach - A library of 8 Courses

1. Overview of CAMELS
2. Earnings Ability
3. Capital Adequacy
4. Asset Quality
5. Management Competence
6. Liquidity Risk
7. Sensitivity to Market Risk
8. Composite Rating

Job Aids

• Measurement Tools
  
• Benchmarking Data
  

Calculators in Financial Institutions Analysis - CAMELS Approach

• Bank Ratio Analysis

4. Financial Mathematics – A library of 7 Courses

1. Basic Financial Measures
2. Time Value of Money
3. Bond Pricing
4. Yield Curve Analysis
5. Probability Distributions and their Properties
6. Measuring Volatility
7. Correlation and Regression Analysis

Job Aids

• Measurement Tools
  

Calculators in Financial Mathematics

• Amortization
  
• Convexity
  
• Basis Point Value
  
• Current Yield
  
• Duration of Bond
  
• Net Present Value
  
• Present Value of uneven series
  
• Simple Linear Regression
  
• Time Value of Money
  
• Total Return
  
• Yield-to-Call
  
• Yield-to-Maturity
  
• Price of Option-free Bond
  
• Future Value of uneven series
  
• Dirty Price and Clean Price
  
• Internal Rate of Return
  
• Payment Calculator

5. Global Banking Supervision – A library of 15 Courses

1. Core Principles and Methodology
2. Supervisory Self-Assessment
3. Corporate Governance in Banks
4. Internal Control System
5. Internal Audit in Banks
6. Supervisors and External Auditors
7. Operational Risk Management
8. Liquidity Management
9. Credit Risk Management
10. Management of Settlement Risk in Foreign Exchange
11. Trading and Derivatives Activities
12. Risk Management Principles for E-banking
13. Loan Accounting and Disclosure
14. Highly Leveraged Institutions
15. Dealing with weak banks

Job Aids

• Core Principles and Methodology
• Corporate Governance in Banks
• Credit Risk Management
• Dealing with weak banks
• Highly leveraged institutions
• Internal Control Systems
• Loan Accounting and Disclosure
• Management and Supervision of Operational Risk
• Sound International Banking Supervision
• Risk Management for E-banking
• Settlement risk in foreign exchange transactions
• Sound practices for managing liquidity
• Supervisors and External Auditors
• Supervisors and Internal Auditors
• Supervisory Self-Assessment
• Trading and Derivatives Activities
• Sound International Banking Supervision
  

1. Overview
2. Credit Risk – I
3. Credit Risk – II
4. Internal ratings based approach
5. Market Risk Capital: Overview
6. Standardized measurement method
7. RAROC

Job Aids

• Measurement Tools
  
• Disclosures
  
• Regulations
  
• Global Best Practices
  
• Benchmarking Data
  

Calculators in Capital Adequacy Planning

• Capital Ratio
  
• General Market Risk for Interest Rate Related Instruments
  
• Maturity ladder approach for Commodities Risk
  
• Delta-Plus method for Options

7. Sarbanes-Oxley Act - A library of 12 Courses

1. Overview of Sarbanes-Oxley Act
2. Public Company Accounting Oversight Board
3. Auditor Independence
4. Corporate Responsibility
5. Enhanced Financial Disclosures
6. Analyst Conflicts of Interest
7. Commission Resources and Authority
8. Studies and Reports
9. Corporate and Criminal Fraud Accountability
10. White-Collar Crime Penalty Enhancements
11. Corporate Tax Returns
12. Corporate Fraud and Accountability

Job Aids

• Legislations
• Case Studies

8. Futures and Forwards – A library of 7 Courses

1. Futures Fundamentals
2. Pricing of Futures
3. Commodity and Equity Futures
4. Currency Futures
5. Short-term Interest Rate Futures- Euro Dollar and T-bill Futures
6. Long-term Interest Rate Futures- T-bond Futures
7. Forward Rate Agreements

Job Aids

• Measurement Tools
  
• Disclosures
  
• Regulations
  
• Global Best Practices
  
• Benchmarking Data
  

Calculators in Futures and Forwards

• Calculation of Forward Rate Agreement Settlement
  
• Calculation of Forward/Forward Rate
  
• Calculation of FRA Rate using FRA strips
  
• Pricing Stock Futures Calculator
  
• Pricing Index Futures Calculator
  
• Pricing Currency Futures Calculator
  
• Pricing T-Bond Futures Calculator

9. Swaps – A library of 7 Courses

1. Swaps – Fundamentals
2. Interest Rate Swaps
3. Currency Swaps
4. Commodity Swaps
5. Equity Swaps
6. Interest Rate Swap Variants
7. Swaptions

Job Aids

• Measurement Tools
  
• Disclosures
  
• Regulations
  
• Global Best Practices
  
• Benchmarking Data
  

Calculators in Swaps

• Amortizing swaps
  
• Commodity swaps
  
• Currency swaps
  
• Drawdown swaps
  
• Forward swaps
  
• Pricing Interest rate swaps
  
• Daycount calculator
  
• Currency Swaps Valuation Calculator
  
• Swaptions

1. Options-Fundamentals
2. European Option Pricing
3. Options-The Greeks
4. Options-American Style
5. Trading Strategies
6. Interest Rate Options
7. Currency Options
8. Swaptions
9. Options on Futures
10. Exotic Options

Job Aids

• Measurement Tools
  
• Disclosures
  
• Regulations
  
• Global Best Practices
  
• Benchmarking Data
  

Calculators in Options

• Historical volatility
  
• Implied volatility
  
• Risk-free rate of interest
  
• Single-period Binomial Option pricing model
  
• Multi-period Binomial Option pricing model
  
• Multi-period Binomial Option pricing model –dividends
  
• Unit Normal Cumulative Probabilities
  
• Black-Scholes Option Pricing Model
  
• Black-Scholes-Merton Option Pricing Model
  
• Calculating Delta
  
• Calculating Gamma
  
• Calculating Rho
  
• Calculating Theta
  
• Calculating Vega
  
• A Comprehensive Calculator for Option Pricing and also for Greeks
  
• Bivariate Normal Cumulative Probabilities
  
• Binomial Approximation with a continuous dividend yield
  
• Binomial Approximation with a known dividend yield
  
• Binomial Approximation with a known dollar dividend
  
• Pseudo American call option pricing
  
• Analytic approximation of American stock option prices
  
• Chooser Options
  
• Forward Start Options
  
• Options on Futures
  
• Options on LIBOR
  
• Swaptions
  
• Currency Options Calculator - Binomial Model

11. Market Risk: Basic Level – A library of 8 Courses

1. Interest Rate Risk
2. Liquidity Risk
3. Equity Risk
4. Portfolio Risk
5. Foreign Exchange Risk
6. Commodity Risk
7. Regulatory Issues
8. Value at Risk

Job Aids

• Disclosures
  
• Benchmarking Data
  
• Policy Templates
  
• Global Best Practices
  
• Measurement Tools

Calculators in Market Risk: Basic Level

• Undiversified and Diversified VaR
  
• VaR of an Equity
  
• VaR of an FRA
  
• Variance Covariance

12. Market Risk: Intermediate Level – A library of 8 Courses

1. Emerging Market Risk
2. Market Risk Models
3. Stress Testing
4. Supervisory Requirements
5. Risk Management Systems
6. Case Study – Orange County
7. Case Study – Barings Bank
8. Case Study – Metallgesellshaft

Job Aids

• Measurement Tools
  
• Disclosures
  
• Global Best Practices
  
• Benchmarking Data
  
• Policy Templates
  

Calculators in Market Risk: Intermediate Level

• Undiversified and Diversified VaR
  
• VaR of an Equity
  
• VaR of an FRA
  
• Variance Covariance
  

13. Market Risk: Advanced Level – A library of 4 Courses

1. Description of Advanced VaR models
2. Advanced Measuring Volatility and Correlation
3. Advanced Scenario Analysis and Stress Tests
4. Risk Adjusted Performance Measurement

Job Aids

• Measurement Tools
  
• Disclosures
  
• Global Best Practices
  
• Benchmarking Data
  
• Policy Templates

Calculators in Market Risk: Advanced Level

• Jensen's Measure
  
• Sharpe's Measure
  
• Treynor's Measure

1. Review of Statistical Concepts
2. Value at Risk-I
3. Value at Risk-II
4. Application of Analytical Techniques
5. Regulatory Issues
6. VaR Models
7. Stress Testing
8. Back Testing
9. Risk Management Systems
10. Case Study - Orange County
11. Case Study - Barings Bank
12. Case Study - Metallgesellshaft
13. Description of Advanced VaR Models
14. Advanced Measuring Volatility and Correlation
15. Advanced Scenario Analysis and Stress Tests
16. Risk Adjusted Performance Measurement

Job Aids

• Measurement Tools
  
• Disclosures
  
• Global Best Practices
  
• Benchmarking Data
  
• Policy Templates

Calculators in Value at Risk

• Duration
  
• Confidence Level for a Given Standard Deviation
  
• Standard Deviation for a Given Confidence Level
  
• Value at Risk Variance –two asset portfolio
  
• VaR for Required Period and Confidence Level
  
• Undiversified and Diversified VaR
  
• VaR of Equities
  
• VaR of an FRA
  
• Jensen’s Measure
  
• Sharpe's Measure
  
• Treynor's Measure
  
• Variance Co-variance

15. Credit Analysis – A library of 13 Courses

1. Overview to Credit Analysis
2. Lending Process
3. Financial Statement Analysis-I
4. Financial Statement Analysis-II
5. Non-Financial Analysis
6. Asset Classification and Loan Loss Provisioning
7. Borrowing Causes and Sources of Repayment
8. Problem Loans
9. Consumer Installment Lending
10. Floor Plan Lending
11. Accounts receivables and inventory lending
12. Participation Lending
13. Letter of Credit and loan commitments

Job Aids

• Measurement Tools
  
• Disclosures
  
• Regulations
  
• Global Best Practices
  
• Benchmarking Data
  

Calculators in Credit Analysis

• Asset Quality
  
• Cash Flow Statement
  
• Generating Cash Flow Statement
  
• Ratio Analysis
  
• Calculating Desired Ratios
  
• Loan Pricing
  
• Borrowing Causes
  
• Floor Plan-Curtailment Program

1. Internal Rating Systems
2. Internal Ratings-Based Approach
3. External Ratings

Job Aids

• Regulations
  
• References
  
• Disclosures

17. Counterparty Credit Risk – A library of 9 Courses

1. Overview to Derivative Products-I
2. Overview to Derivative Products-II
3. Credit Exposure
4. Credit Risk in Derivative Products
5. Pre-settlement & Settlement Risk
6. Netting
7. Margin and Collateral Requirements
8. Monte Carlo Simulation
9. Case Studies

Job Aids

• Measurement Tools
  
• Disclosures
  
• Regulations
  
• Global Best Practices
  
• Benchmarking Data
  
• References
  

Calculators in Counterparty Credit Risk

• Margin Call
  
• Margin Cost
  
• Credit Exposure in an FRA
  
• NPV
  
• FRA
  

18. Credit Risk Modeling – A library of 6 Courses

1. Conceptual Approach to Credit Risk Modeling
2. JP Morgan’s Credit Metrics
3. CSFB’s Credit Risk+
4. KMV Portfolio Manager
5. Credit Portfolio View
6. Credit Portfolio Management

Job Aids

• Regulations
  
• References
  

19. Credit Derivatives – A library of 23 Courses

1. Overview to Credit Derivatives
2. Credit Risk
3. Credit Rating Dynamics
4. Emerging Markets
5. Classic Credit Derivatives
6. Structured Notes
7. Total Return Swaps
8. Repackaged Notes
9. Credit Portfolio Securitization Structures
10. Case Studies for CPSS
11. Credit Default Swaps
12. Case Studies for Credit Default Swaps
13. Credit Spread Options
14. Bank and Institutional Applications
15. Investor Applications
16. Corporate Applications
17. Pricing Credit Derivative Instruments
18. Risks Involved In Credit Derivatives
19. Documentation
20. Regulations
21. Legal Issues
22. Accounting
23. Taxation

Job Aids

• Financial Calculators
  
• Disclosures
  
• Regulations
  
• Global Best Practices
  
• Policy Templates
  
• Credit Derivatives Benchmarking Data
  

Calculators in Credit Derivatives

• Enhancing return on Regulatory Capital
  
• Credit Spread Options
  
• Total Return Swaps
  
• Option Pricing Model
  
• Asset Swap approach to pricing
  
• Pricing default swap using term structure

20. Operational Risk Management – A library of 21 Courses

1. Introduction to Operational Risk
2. Basic Concepts
3. Regulatory Treatment of Operational Risk under Basel-II
4. Operational Risk in Various Banking Sectors
5. Operational Risk in insurance
6. Developing objectives and identifying risks
7. Estimating potential losses – Data
8. Estimating potential losses – Loss distributions
9. Analyzing risks
10. Loss prediction and prevention
11. Loss control
12. Loss reduction and risk avoidance
13. Risk financing
14. Measurement framework
15. ORM in practice
16. Enterprise-wide Risk Management (ERM)
17. Basic and causal models
18. Legal risk and taxation rules
19. E-banking
20. Systems and software
21. Case study - Barings Bank

Job Aids

• Measurement Tools
  
• Disclosures
  
• Global Best Practices
  
• Policy Templates

Calculators in Operational Risk Management

• Probability Distributions
  
• Capital Charge Under the Basic Indicator Approach
• Capital Charge Under the Standardized Approach
• Internal Measurement Approach

21. Asset Securitization – A library of 28 Courses

1. Overview
2. Credit Enhancement
3. Ratings Approach to Asset Securitization
4. Residential Mortgage Backed Securities-Basics
5. Residential Mortgage Backed Securities-Prepayments
6. Residential Mortgage Backed Securities-Basic Structures
7. Residential Mortgage Backed Securities-Complex Structures
8. Mortgage-backed Securitization (Commercial)
9. Auto Loan Receivables Securitization
10. Credit Card Receivables Securitization
11. Collateralized Debt Obligations (CDOs)
12. Case Studies (CDOs,CLOs,CBOs)
13. Future Flow Receivables Securitization
14.Home Equity Loans
15. Insurance Risk Securitization-I
16. Insurance Risk Securitization-II
17. Case Studies (Non-Performing Loans)
18. Case Studies (Different Products)
19. Case Studies (Asia & Australia)
20. Case Studies (North America & Europe)
21. Healthcare Receivable Securitization
22. Asset-backed Commercial Paper
23.Project Management
24. Risk Management
25. Legal Aspects
26. Accounting
27. Tax
28. Supervision

Job Aids

• Measurement Tools
  
• Disclosures
  
• Regulations
  
• Global Best Practices
  
• Benchmarking Data
  
• Policy Templates
  
• Prospectuses

Calculators in Asset Securitization

• Early Amortization
  
• Calculating Return on Assets (ROA)
  
• Conversion of Prepayment Rates
  
• Convexity
  
• CDO Cash Flows
  
• Changes in Subordination Levels after Default
  
• Default Loss
  
• Loss Curves
  
• Repossession
  
• Loan to Value Ratio
  
• Pass-throughs
  
• Pay-throughs
  
• Calculation of Credit Enhancement
  
• Diversity Score Calculation
  
• Accounting
  
• Debt Service Coverage Ratio
  
• Average Collateral Rating
  
• Pricing reinsurance contract using CAT bonds
  
• Risk-based capital
  
• Credit Cards - Cash Flow Structures

22. Asset Liability Management for Insurance Companies – A library of 29 Courses

1. Scope of ALM
2. Overview of ALM in Insurance Companies
3. A 9 part Framework of ALM
4. Strategies for ALM
5. Overview of Life and Property and Casualty Industry
6. Annuities
7. Actuarial Principles
8. Reinsurance
9. Insurance- linked Securitization
10. Yield Curve Analysis
11. Interest Rate Gap I
12. Interest Rate Gap II
13. Simulation and Scenario Analysis –I
14. Simulation and Scenario Analysis –II
15. Duration I
16. Duration II
17. Duration III
18. Convexity
19. Basis Point Value
20. Value at Risk – I
21. Value at Risk – II
22. Application of Analytical Techniques
23. AL Organization
24. ALCO Meetings
25. ALM Policies and Procedures
26. Audit of ALM
27. Regulations in Insurance Industry
28. Software Applications
29. Case Study – Confederation Life Insurance

Job Aids

• Disclosures
• Regulations
• Policy Templates
• Measurement Tools
• Global Best Practices
• Crossword
  
  

Calculators in Asset Liability Management for Insurance Companies

• Confidence Level for a given Standard Deviation
  
• Standard Deviation for a given Confidence Level
  
• Duration
  
• Duration of a Portfolio
  
• Duration using Zero Coupon Yield Curve
  
• Duration of Amortizing Assets
  
• Duration of uneven cash flows
  
• Duration of Equity
  
• Convexity
  
• Convexity of uneven cash flow
  
• BPV of a Bond
  
• BPV of a Forward Rate Agreement (FRA)
  
• BPV of a Portfolio
  
• BPV of a Coupon Paying Bond
  
• Value at Risk - Variance Covariance Method
  
• Value at Risk for Different Weights
  
• Gap Income Impact
  
• Forward Rate Calculator
  
• Zero Coupon Yield Calculator
  
• VaR for required period and confidence level
  

23. Anti-Money Laundering – A library of 6 Courses

1. What Is Money Laundering
2. International Initiatives
3. Customer Identification Program
4. USA Patriot Act
5. Wolfberg’s Principles on Correspondent Banking
6. Terrorist Related Issues

Job Aids

• Exercises
  
• Legislations
  
• Case studies
  

24. Financial Privacy – A library of 6 Courses

1. Financial Privacy Regulation
2. Privacy Notices and their content
3. Exceptions and Reuse of Information
4. Exam Procedures
5. Security Guidelines
6. Section 501(b) of the GLB Act and the Management

Job Aids

• Privacy Acts Regulations Policies

1. Overview
2. Models and Mechanisms
3. Shareholders and Stakeholders
4. Board of Directors
5. Audit Committee
6. Banking Corporate Governance
7. Corporate Scandals
8. Best Practices
9. Corporate Responsibility

Job Aids

• Corporate Governance Principles & Recommendations
  
• Legislations and Regulations
  

1. Overview to Money Markets
2. Instruments of Money Markets
3. Arithmetic for Money Markets
4. Money Market Deposits
5. Certificates of Deposit
6. Repurchase Agreements (Repos)
7. Treasury Bills
8. Bills of Exchange
9. Commercial Paper

Job Aids

• Disclosures
  
• Mutual fund Prospectus
• Measurement Tools
  

Calculators in Money Markets

• Accrued Interest
  
• Day Count Conversions
  
• Day Count
  
• 30/360 Basis
  
• Discount and Price
  
• Effective Rates
  
• Equivalent
  
• Fair Value in Secondary market
  
• Forward-Forward Rate
  
• Holding Yield Period
  
• Maturity Proceeds and Price of a Coupon Bearing Instrument
  
• Price of a Discount Instrument
  
• Price of a Commercial Paper
  
• Money Market Yield of Commercial Paper
  
• Calculating the Money Market yield / Cash Price of CD
  
• Present Value / Future Value Calculations in the Money Market
  
• Time value of Money
  
• Yield - Bill of Exchange

27. Fixed Income Markets - A library of 19 courses

1. Fixed Income Markets – Overview
2. Bond Pricing and Yield Measures
3. Treasury Securities
4. Corporate Bonds
5. Global Bonds – I
6. Global Bonds
7. Treasury Inflation Protected Securities (TIPS) – II
8. Duration
9. Convexity
10. Basis Point Value
11. High Yield Bonds
12. Brady Bonds
13. Option Embedded Bonds
14. Collateralized Mortgage Obligations
15. Interest rate Swaps
16. Caps, Floors, Collars and Captions
17. Forward Rate Agreements
18. Bond Trading Strategies
19. Municipal Bonds

Job Aids

• Measurement Tools

Calculators in Fixed Income Markets

• Calculation of FRA settlement
  
• Duration
  
• Duration of Portfolio
  
• Options strategies
  
• Options on LIBOR
  
• Options on Futures
  
• Future and Forward
  
• Dirty Price/ Clean Price
  
• Option Free Bond
  
• Yield to Maturity
  
• Yield to Call
  
• Time value of money
  
• BPV of a Coupon Paying Bond
  
• Convexity
  
• BPV of a Bond
  
• BPV of a Portfolio
  
• BPV of a Forward Rate Agreement
  
• Zero Coupon Rate
  
• Pass Through Structure
  
• Pay Through Structure
  
• Conversion of prepayment rates

1. Global Equity Markets
2. Equity Valuation Models- I
3. Equity Valuation Models- II
4. Stock Index Futures
5. Equity Swaps
6. Equity Options
7. Convertibles
8. Warrants
9. Portfolio Management
10. Equity Structured Products

Job Aids

• Measurement Tools
  
• Disclosures
  

Calculators in Equity Markets

• Equity Valuation – Dividend Discount Models
  
• Equity Valuation - Ratio Approach
  
• Capital Asset Pricing Model
  
• Stock Index Futures – Fair Value
  
• Equity Swaps
  
• Black-Scholes Option Pricing Model
  
• Black-Scholes-Merton Option Pricing Model
  
• Option Strategies
  
• Treynor’s Measure
  
• Jensen’s Measure
  
• Sharpe’s Measure
  
• Warrants Calculator
  
• Convertible Bonds Calculator
  

1. Treasury Management – Scope and Importance
2. Overview of Risk Management
3. Overview of Foreign Exchange Market
4. Spot Market
5. Forward Market
6. Determination of Exchange Rates
7. Currency Futures
8. Currency Options
9. Currency Swaps
10. Second Generation Forward Contracts
11. FX Trading Controls

Job Aids

• Disclosures
• Policy Templates
• Measurement Tools
• Global Best Practices
• Regulations
• Benchmarking Data
• Scope and Structure of FX and Derivatives Markets

Calculators in Foreign Exchange Markets

• American / European Quotes
• Spot Cross Rates
  
• Calculating Forward Rate Forward Cross Rates
  
• Pricing Currency Futures - Continuous Compounding
  
• Pricing Currency Futures - Daily Basis
  
• Valuation of Generic Currency Swaps
  
• NPV of Currency Cash Flow in a
  
• Swap Break Forward
  
• Range Forward
  
• Participate Forward
  
• Options strategies (Excel)
  
• Currency Converter

1. Treasury Management – Scope and Importance
2. Overview of Risk Management
3. Translation Exposure
4. Transaction Exposure
5. Economic Exposure
6. Case Studies- Foreign Exchange Exposure
7. Currency Risk Sharing Agreement

Job Aids

• Measurement Tools
• Disclosures
• Scope and Structure of FX and Derivatives Markets
• Global Best Practices
• Policy Templates
• Regulations
  

Calculators in Foreign Exchange Management - Treasury Management

• American / European Quotes
• Spot Cross Rates
  
• Calculating Forward Rate
  
• Forward Cross Rates
  
• Pricing Currency Futures - Continuous Compounding
  
• Pricing Currency Futures - Daily Basis
  
• Valuation of Generic Currency Swaps
  
• NPV of Currency Cash Flow in a Swap
  
• Options strategies (Excel)
  
• Operating Exposure
  
• Current / Non-current Method
  
• Monetary/Non-monetary Method
  
• Temporal Method
  
• Current Rate Method
  
• Money Market Hedge
  
• Forward Market Hedge
  
• Break Forward
  
• Range Forward
  
• Participate Forward
  
• Duration
  
• Duration of Portfolio
  
• Convexity
  
• BPV of a Bond
  
• BPV of a Portfolio
  
• BPV of a Forward Rate Agreement
  
• BPV of a Coupon Paying Bond
  
• Yield Curve Interpolation
  
• Calculation of FRA settlement
  
• Pricing T-Bond futures contract
  
• Options on Futures
  
• Options on LIBOR
  
• Swaptions
  
• Pricing interest rate swap
  
• Confidence Level for a given Standard Deviation
  
• Standard Deviation for a given Confidence Level
  
• VaR Moving from one Confidence Level to Another (required period and Confidence level)
  
• VaR - Variance Covariance Method
  
• Value at Risk for Different Weights
  
• Calculation of discount and price -bill of exchange
  
• Price of a Discount Instrument
  
• Price of a Commercial Paper
  
• Money Market yield / Cash Price of CD
  
• Yield - Bill of Exchange
  
• Portfolio Risk and Return (when covariance and returns of assets NOT given)
  
• Portfolio Risk and Return (when covariance and returns of assets is given)

31. CTM – Treasury Analytics - A library of 5 courses

1. Yield Curve Analysis
2. Duration
3. Basis Point Value (BPV)
4. Convexity
5. Value-at-Risk

Job Aids

• Measurement Tools
• Disclosures
• Scope and Structure of FX and Derivatives Markets
• Global Best Practices
• Policy Templates
• Regulations

Calculators in Treasury Analytics – Treasury Management

• American / European Quotes
• Spot Cross Rates
  
• Calculating Forward Rate
  
• Forward Cross Rates
  
• Pricing Currency Futures - Continuous Compounding
  
• Pricing Currency Futures - Daily Basis
  
• Valuation of Generic Currency Swaps
  
• NPV of Currency Cash Flow in a Swap
  
• Options strategies (Excel)
  
• Operating Exposure
  
• Current / Non-current Method
  
• Monetary/Non-monetary Method
  
• Temporal Method
  
• Current Rate Method
  
• Money Market Hedge
  
• Forward Market Hedge
  
• Break Forward
  
• Range Forward
  
• Participate Forward
  
• Duration
  
• Duration of Portfolio
  
• Convexity
  
• BPV of a Bond
  
• BPV of a Portfolio
  
• BPV of a Forward Rate Agreement
  
• BPV of a Coupon Paying Bond
  
• Yield Curve Interpolation
  
• Calculation of FRA settlement
  
• Pricing T-Bond futures contract
  
• Options on Futures
  
• Options on LIBOR
  
• Swaptions
  
• Pricing interest rate swap
  
• Confidence Level for a given Standard Deviation
  
• Standard Deviation for a given Confidence Level
  
• VaR Moving from one Confidence Level to Another (required period and Confidence level)
  
• VaR - Variance Covariance Method
  
• Value at Risk for Different Weights
  
• Calculation of discount and price -bill of exchange
  
• Price of a Discount Instrument
  
• Price of a Commercial Paper
  
• Money Market yield / Cash Price of CD
  
• Yield - Bill of Exchange
  
• Portfolio Risk and Return (when covariance and returns of assets NOT given)
  
• Portfolio Risk and Return (when covariance and returns of assets is given)

1. Interest Rate Futures
2. Interest Rate Options
3. Interest Rate Swaps
4. Case Studies – Applications of Interest Rate Derivatives

Job Aids

• Measurement Tools
• Disclosures
• Scope and Structure of FX and Derivatives Markets
• Global Best Practices
• Policy Templates
• Regulations
  

Calculators in Interest Rate Risk Management - Treasury Management

• American / European Quotes
• Spot Cross Rates
  
• Calculating Forward Rate
  
• Forward Cross Rates
  
• Pricing Currency Futures - Continuous Compounding
  
• Pricing Currency Futures - Daily Basis
  
• Valuation of Generic Currency Swaps
  
• NPV of Currency Cash Flow in a Swap
  
• Options strategies (Excel)
  
• Operating Exposure
  
• Current / Non-current Method
  
• Monetary/Non-monetary Method
  
• Temporal Method
  
• Current Rate Method
  
• Money Market Hedge
  
• Forward Market Hedge
  
• Break Forward
  
• Range Forward
  
• Participate Forward
  
• Duration
  
• Duration of Portfolio
  
• Convexity
  
• BPV of a Bond
  
• BPV of a Portfolio
  
• BPV of a Forward Rate Agreement
  
• BPV of a Coupon Paying Bond
  
• Yield Curve Interpolation
  
• Calculation of FRA settlement
  
• Pricing T-Bond futures contract
  
• Options on Futures
  
• Options on LIBOR
  
• Swaptions
  
• Pricing interest rate swap
  
• Confidence Level for a given Standard Deviation
  
• Standard Deviation for a given Confidence Level
  
• VaR Moving from one Confidence Level to Another (required period and Confidence level)
  
• VaR - Variance Covariance Method
  
• Value at Risk for Different Weights
  
• Calculation of discount and price -bill of exchange
  
• Price of a Discount Instrument
  
• Price of a Commercial Paper
  
• Money Market yield / Cash Price of CD
  
• Yield - Bill of Exchange
  
• Portfolio Risk and Return (when covariance and returns of assets NOT given)
  
• Portfolio Risk and Return (when covariance and returns of assets is given)

1. Short-term Financing
2. Long-Term Financing
3. Money Markets
4. Capital Markets
5. Portfolio Management

Job Aids

• Measurement Tools
• Disclosures
• Scope and Structure of FX and Derivatives Markets
• Global Best Practices
• Policy Templates
• Regulations

Calculators in Funding and Investments – Treasury Management

• American / European Quotes
• Spot Cross Rates
  
• Calculating Forward Rate
  
• Forward Cross Rates
  
• Pricing Currency Futures - Continuous Compounding
  
• Pricing Currency Futures - Daily Basis
  
• Valuation of Generic Currency Swaps
  
• NPV of Currency Cash Flow in a Swap
  
• Options strategies (Excel)
  
• Operating Exposure
  
• Current / Non-current Method
  
• Monetary/Non-monetary Method
  
• Temporal Method
  
• Current Rate Method
  
• Money Market Hedge
  
• Forward Market Hedge
  
• Break Forward
  
• Range Forward
  
• Participate Forward
  
• Duration
  
• Duration of Portfolio
  
• Convexity
  
• BPV of a Bond
  
• BPV of a Portfolio
  
• BPV of a Forward Rate Agreement
  
• BPV of a Coupon Paying Bond
  
• Yield Curve Interpolation
  
• Calculation of FRA settlement
  
• Pricing T-Bond futures contract
  
• Options on Futures
  
• Options on LIBOR
  
• Swaptions
  
• Pricing interest rate swap
  
• Confidence Level for a given Standard Deviation
  
• Standard Deviation for a given Confidence Level
  
• VaR Moving from one Confidence Level to Another (required period and Confidence level)
  
• VaR - Variance Covariance Method
  
• Value at Risk for Different Weights
  
• Calculation of discount and price -bill of exchange
  
• Price of a Discount Instrument
  
• Price of a Commercial Paper
  
• Money Market yield / Cash Price of CD
  
• Yield - Bill of Exchange
  
• Portfolio Risk and Return (when covariance and returns of assets NOT given)
  
• Portfolio Risk and Return (when covariance and returns of assets is given)

1. Treasury Management Systems
2. Treasury Policy
3. Treasury Controls
4. Accounting for Derivatives

Job Aids

• Measurement Tools
• Disclosures
• Scope and Structure of FX and Derivatives Markets
• Global Best Practices
• Policy Templates
• Regulations

Calculators in Implementation – Treasury Management

• American / European Quotes
• Spot Cross Rates
  
• Calculating Forward Rate
  
• Forward Cross Rates
  
• Pricing Currency Futures - Continuous Compounding
  
• Pricing Currency Futures - Daily Basis
  
• Valuation of Generic Currency Swaps
  
• NPV of Currency Cash Flow in a Swap
  
• Options strategies (Excel)
  
• Operating Exposure
  
• Current / Non-current Method
  
• Monetary/Non-monetary Method
  
• Temporal Method
  
• Current Rate Method
  
• Money Market Hedge
  
• Forward Market Hedge
  
• Break Forward
  
• Range Forward
  
• Participate Forward
  
• Duration
  
• Duration of Portfolio
  
• Convexity
  
• BPV of a Bond
  
• BPV of a Portfolio
  
• BPV of a Forward Rate Agreement
  
• BPV of a Coupon Paying Bond
  
• Yield Curve Interpolation
  
• Calculation of FRA settlement
  
• Pricing T-Bond futures contract
  
• Options on Futures
  
• Options on LIBOR
  
• Swaptions
  
• Pricing interest rate swap
  
• Confidence Level for a given Standard Deviation
  
• Standard Deviation for a given Confidence Level
  
• VaR Moving from one Confidence Level to Another (required period and Confidence level)
  
• VaR - Variance Covariance Method
  
• Value at Risk for Different Weights
  
• Calculation of discount and price -bill of exchange
  
• Price of a Discount Instrument
  
• Price of a Commercial Paper
  
• Money Market yield / Cash Price of CD
  
• Yield - Bill of Exchange
  
• Portfolio Risk and Return (when covariance and returns of assets NOT given)
  
• Portfolio Risk and Return (when covariance and returns of assets is given)
  

1.Sumitomo
2. Lufthansa
3. Allied Irish Banks
4. P&G
5. Gibson Greetings

Job Aids

• Measurement Tools
• Disclosures
• Scope and Structure of FX and Derivatives Markets
• Global Best Practices
• Policy Templates
• Regulations
  

Calculators in Case Studies – Treasury Management

• American / European Quotes
• Spot Cross Rates
  
• Calculating Forward Rate
  
• Forward Cross Rates
  
• Pricing Currency Futures - Continuous Compounding
  
• Pricing Currency Futures - Daily Basis
  
• Valuation of Generic Currency Swaps
  
• NPV of Currency Cash Flow in a Swap
  
• Options strategies (Excel)
  
• Operating Exposure
  
• Current / Non-current Method
  
• Monetary/Non-monetary Method
  
• Temporal Method
  
• Current Rate Method
  
• Money Market Hedge
  
• Forward Market Hedge
  
• Break Forward
  
• Range Forward
  
• Participate Forward
  
• Duration
  
• Duration of Portfolio
  
• Convexity
  
• BPV of a Bond
  
• BPV of a Portfolio
  
• BPV of a Forward Rate Agreement
  
• BPV of a Coupon Paying Bond
  
• Yield Curve Interpolation
  
• Calculation of FRA settlement
  
• Pricing T-Bond futures contract
  
• Options on Futures
  
• Options on LIBOR
  
• Swaptions
  
• Pricing interest rate swap
  
• Confidence Level for a given Standard Deviation
  
• Standard Deviation for a given Confidence Level
  
• VaR Moving from one Confidence Level to Another (required period and Confidence level)
  
• VaR - Variance Covariance Method
  
• Value at Risk for Different Weights
  
• Calculation of discount and price -bill of exchange
  
• Price of a Discount Instrument
  
• Price of a Commercial Paper
  
• Money Market yield / Cash Price of CD
  
• Yield - Bill of Exchange
  
• Portfolio Risk and Return (when covariance and returns of assets NOT given)
  
• Portfolio Risk and Return (when covariance and returns of assets is given)

36. Understanding Financial Statements - A library of 6 courses

1. Financial Statements – A Preview
2. Fundamentals of Financial Statements
3. Introduction to Financial Statement Analysis
4. Understanding the Income Statement
5. Understanding the Balance Sheet
6. Understanding the Cash Flow Statement

Job Aids

• Disclosures
  

37. Budgeting - A library of 5 courses

1.Overview of budgeting
2. Types of budgets
3. Approaches to budgeting
4. Preparing a budget
5. Budgetary control

Job Aids

• Measurement Tools

Calculators in Budgeting

• Flexible Budget Calculator
• Sensitivity Analysis Calculator
  
• Cash flow Calculator
  

1. Management of Cash
2. Management of Accounts Receivables
3. Management of Inventory
4. Overview of Working Capital
5. Financing Working Capital-I
6. Financing Working Capital-II
7. Estimation of Working Capital Requirements

Job Aids

• Measurement Tools- Calculators in Excel & Java
• A Case Study on Receivables Management

1. Introduction to Accounting
2. The Accounting Process
3. Finalization of Accounts
4. Financial Statement Analysis-1
5. Financial Statement Analysis-2
6. Reconciliation of Books
7. Depreciation Accounting
8. Inventory Accounting
9. Petty Cash Accounting
10. Long-Lived Assets - The Capitalization Decision
11. Analysis of Financing Liabilities
12. Leases and Off-Balance-Sheet Debt
13. Analysis of Income Taxes
14. Financial Reporting Standards
15. International Standards Convergence

Job Aids

• Disclosures
• Measurement Tools
  
• Case Study
  

Calculators in Financial Accounting

• Cash Flow Calculator
• Corporate Performance – Dashboard
• Ratio Calculator
• Petty Cash Calculator
  
• Bank Reconciliation Calculator

40. Basel II - University - A library of 18 courses

1. Basel II - An Overview
2. Scope of Application
3. Credit Risk - Standardized Approach
4. Standardized Approach - Credit Risk Mitigation
5. Simplified Standardized Approach
6. IRB Approach - Overview
7. IRB Approach - Rules for Exposures
8. IRB Approach - Minimum Requirements
9. Credit Risk - Securitization Framework
10. Operation Risk Measurement Approaches
11. Qualifying Criteria for Operational Risk
12. Market Risk - Measurement Framework
13. Market Risk - Standardized Measurement Approach
14. Market Risk - Internal Models Approach
15. Key Principles
16. Specific Issues
17. Supervisory Review Process for Securitization
18. Market Discipline

Job Aids

• Benchmarking Data
• Disclosures
• Global Best Practices
• Measurement Tools
• Regulations

Calculators in Basel II University

• Capital Ratio
• Basic Indicator Approach
• Credit Enhancement Level
• CDD - Comprehensive Basel II Calculator
• CDD-Retail Exposures
• Corporate Exposures - IRB Approach
• Comprehensive Approach
• Standardized Approach
• Effective Maturity
• Currency and Maturity Mismatch
• Credit Risk-Stadardized Approach
• Capital Charge For Operational Risk- Alternative Standardized Approach
• Capital Charge Basic Indicator Approach(ORM)
• Standardized Approach (ORM)
• Internal Measurement Approach
• Maturity Ladder Approach For Commodities Risk
• Delta-Plus Method For Options

41. Mutual Funds - A library of 10 courses

1. Mutual Funds - The Concept
2. Structure and Constituents of Mutual Funds
3. Various Types of Mutual Fund Products
4. Management of Bond Fund Portfolio
5. Management of Equity Fund Portfolio
6. Accounting and Valuation
7. Evaluation of Performance of Mutual Funds
8. Prospectus and Annual Reports of Mutual Fund
9. Regulations of Mutual Funds Industry
10. Trends in Mutual Funds Industry

Job Aids

• Annual Reports of Mutual Funds

42. Financial Planning - A library of 9 courses

1. Introduction to Financial Planning
2. Analyzing the Resources of the Person
3. Basic Concepts in Financial Planning
4. Financial Products for Savers
5. Financial Products for Investors
6. The Psychographics and Life Cycle of the Investor
7. Goals and Investment Objectives
8. Tax Planning
9. Building a Model Portfolio

Job Aids

• Financial Planning Calculators

43. Project Valuation - A Library of 3 Courses

1. Overview of Project valuationning
2. Project Valuation Methods
3. Special Situations

Job Aids

• Project valuation Calculators

44. Governance, Risk and Compliance - A Library of 7 Courses

1. Classification of Risks
2. Introduction to ERM and its Frameworks
3. Regulatory Landscape
4. Governance, Risk and Compliance - Demystified
5. COSO and CobiT in Support of GRC Needs
6. Operational Risk Management - Primer
7. GRC - Case Study

Value added Features:

Audio Clips: Voice over of the concepts providing a classroom atmosphere.

45. Bank Branch Management - Deposits - A Library of 4 Courses

1. Overview of Deposit Function
2. Demand Deposits
3. Time Deposits
4. Types of Deposits - Advantages and Disadvantages

46. Bank Branch Management - Advances - A Library of 7 Courses

1. Overview of Credit Function
2. Principles and Practice of Lending
3. Financial Analysis for Lending
4. Securities for Lending
5. Credit Documentation and Sanctioning
6. Credit Monitoring and Loan Recovery
7. Asset Categorization

47. Bank Branch Management - Marketing - A Library of 3 Courses

1. Introduction to Marketing
2. Marketing of Bank Services
3. Customer Relationship Management

48. Bank Branch Management - Payment and Settlement System
- A Library of 2 Courses

1. Payment and Settlement System
2. Electronic Transfer of Funds

49. Bank Branch Management - Trade Finance - A Library of 2 Courses

1. Trade Finance - I
2. Trade Finance - II

50. Bank Branch Management - Foreign Exchange Operations
- A Library of 3 Courses

1. Foreign Exchange Remittance- I
2. Foreign Exchange Remittance- II
3. Foreign Exchange Transactions

51. Bank Branch Management - Bookkeeping and Accounting
- A Library of 3 Courses

1. Principles of Bookkeeping
2. Practice of Bookkeeping in Banks
3. Final Statements of Accounts of Banks

52. Bank Branch Management - HRM & CSR
- A Library of 2 Courses

1. HRM in Bank Branches
2. Corporate Social Responsibility

53. Bank Branch Management - Retail Banking
- A Library of 3 Courses

1. Mortgage Loans
2. Auto Loans
3. Teller Functions

54. Bank Branch Management - Risk Management
- A Library of 3 Courses

1. Risk Management Principles
2. Credit Risk Management
3. Operational Risk Management

55. Bank Branch Management - Technology and Security
- A Library of 2 Courses

1. Internal Controls in Banks
2. Banking Technology

56. Bank Branch Management - Ancillary Services
- A Library of 2 Courses

1. Credit Card Operations
2. Dematerialization and Other Services

57. Flotation - A Library of 4 Courses

1. Flotation - Introduction
2. Flotation - Methods
3. Flotation - Special Mention
4. Flotation - Subsequent Issue of Shares

58. Commodity and Energy Markets - A Library of 3 Courses

1. Commodity Markets
2. Energy Markets
3. Commodity Derivatives

59. Introduction to Bank Lending Environment - A Library of 7 Courses

1. Credit and Economic Growth
2. Commercial Lending
3. Working Capital
4. Bills and Letters of Credit
5. Lending Against Shares
6. Lending Against Real Estate
7. Term Loan

60. Trading Operation Controls - A Library of 4 Courses

1. Trade Life Cycle
2. Front Office Controls
3. Middle Office Controls
4. Back Office Controls

61. Operational Risk Management - Basel II - A Library of 9 Courses

1. The Operational Risk Management Framework
2. Risk Identification
3. Loss Data Collection Methodology
4. Risk Self-Assessment
5. Key Risk Indicators
6. Risk Quantification - 1
7. Risk Quantification - 2
8. Management Applications
9. Realization Challenges and Deployment Strategy

Job Aids

• Exercise - Risk Inventory
• Exercise - Loss Data Collection
• Exercise - Risk Control Self-Assessment Creation
• Exercise - KRI Development

62. Basics of Banking - A Library of 13 Courses

1. Overview of Financial Markets
2. Introduction to Banking
3. Banking Regulation
4. Banker - Customer Relationship
5. Types of Customer and their Accounts
6. Deposit Accounts
7. Negotiable Instruments
8. Loans and Advances
9. Fee Based Banking Services
10. Electronic Banking
11. Basics of Accounting
12. Basics of Bank Marketing
13. KYC Guidelines

63. UCP 600- A Library of 7 Courses

1. UCP600: An Overview
2. UCP600: Part 1
3. UCP600: Part 2
4. UCP600: Part 3
5. UCP600: Part 4
6. UCP600: Part 5
7. UCP600: Part 6

Value added Features:

Audio Clips: Voice over of the concepts providing a classroom atmosphere.

64. International Trade Services - A Library of 9 Courses

1. Fundamentals of International Trade and Banking
2. Import Letters of Credit
3. Export Letters of Credit
4. How Letters of Credit Work
5. Monitoring Trade Loans
6. Standby Letters of Credit
7. Structuring Trade Loans
8. Draft and Direct Collections
9. International Payment Terms

65. Economics - A Library of 16 Courses

1. Elasticity
2. Efficiency and Equity
3. Markets in Action
4. Organizing Production
5. Output and Costs
6. Perfect Competition
7. Monopoly
8. Monopolistic Competition and Oligopoly
9. Demand and Supply in Factor Markets
10. Monitoring Cycles, Jobs, and the Price Level
11. Aggregate Supply and Aggregate Demand
12. Money, Banks, and the Federal Reserve
13. Money, Interest, Real GDP, and the Price Level
14. Inflation
15. Fiscal Policy
16. Monetary Policy

66. Estate Planning - A Library of 4 Courses

1. Estate Planning - An Overview
2. Transfer of Property
3. Estate Planning - Wills
4. Gift and Gift Tax

67. Global Economic Crisis - Liquidity Management - A Library of 7 Courses

1. Asset-Backed Commercial Paper Money Market Mutual Fund Facility (AMLF)
2. Commercial Paper Funding Facility (CPFF)
3. Money Market Investor Funding Facility (MMIFF)
4. Term Asset-Backed Securities Loan Facility (TALF)
5. Term Securities Lending Facility (TSLF)
6. Temporary Liquidity Guarantee Program (TLGP)
7. Temporary Guarantee Program for Money Market Mutual Funds

68. Brokerage Operations - A Library of 1 Course

1. Prime Brokerage

69. Risk Analysis - A Library of 5 Courses

1. Industry Risk
2. Business Risks
3. Financial Risks
4. Management Risks
5. Project Risks

Quantitative Analysis

1. Time Value of Money
2. Logarithms & Exponents
3. Probability Distribution
4. Fundamentals of Statistics I
5. Fundamentals of Statistics II
6. Forecasting Correlation and Volatility
7. Extreme Value Theory-Basic Principles
8. Monte Carlo Methods

Market Risk Measurement and Management

9. Bond Markets
10. Bond Pricing
11. Bond Price Volatility
12. Yield Measures
13. Yield Curve Analysis
14. Introduction to Derivatives
15. Options-I
16. Options-II
17. Fixed-Income Derivatives
18. Equity Markets
19. Equity Derivatives
20. Equity Risk
21. Currency Risk and Currency Markets
22. Commodity Risk and Commodity Derivatives
23. Fixed Income Risk
24. Emerging Market Risk
25. Identification of Risk Factors
26. Introduction to Market Risk Management
27. VaR Methods
28. Stress Testing
29. Modeling Risk Factors
30. Risk Budgeting
31. Hedging Linear Risk
32. Non-linear Risk-Options
33. Measuring and Managing Corporate Exposures

Credit Risk Measurement and Management

34. Introduction to Credit Risk
35. Default Risk
36. Counterparty Risks
37. Credit Ratings and Migration
38. Netting
39. Margin and Collateral Requirements
40. Portfolio Credit Risk
41. Credit Derivatives
42. Conceptual Approaches to Credit Risk Modeling
43. Actuarial Approach and CreditRisk+
44. Contingent Claim Approach and the KMV Model
45. Credit Migration, Transition Matrices and CreditMetrics
46. McKinsey CreditPortfolioView
47. Special Purpose Vehicles

Operational and Integrated Risk Management, Legal, Accounting and Ethics

48.Operational Risk
49.Integrated Risk Management
50.Risk Capital
51.Legal Risk
52.Model Risk
53.Basel Market Risk Amendment
54.Securitization and SPVs
55.Basel New Capital Accord- An Overview
56.Internal Ratings Based Approach

Risk Management and Investment Management

57.Traditional Investment Risk Management
58.Risk Budgeting and Setting Risk Limits
59.Risk Management Issues of Pension Funds
60.Hedge Fund Risk Management - 1
61.Hedge Fund Risk Management - 2

Exam Section

• Prelim Exam
• Mock Exam
  
• Previous Exam Papers

Finance Theory, Financial Insturments and Markets

1. Risk and Risk Aversion
2. Portfolio Mathematics
3. Capital Allocation
4. The CAPM and Multifactor Models
5. Basics of Capital Structure
6. The Term Structure of Interest Rates
7. Valuing Futures and Forwards
8. Principles of Option pricing
9. Bonds
10. Floating Rate Notes
11. Futures and Forwards
12. Swaps
13. Options
14. Credit Derivatives
15. Caps, Floors, Swaptions
16. Capital Markets
17. Money Market
18. Bond Markets
19. FX Market
20. Stock Markets
21. Futures Market
22. Commodities Markets
23. Power Markets

Mathematical Foundations

24. Foundations
25. Descriptive Statistics
26. Calculus
27. Linear Mathematics and Matrix Algebra
28. Probability Theory
29. Regression
30. Numerical Methods

Risk Management Practices

31. Duration and Convexity
32. Cash Flow Maps and PVBP Interest Rate Sensitivity
33. Greeks of Instruments and Portfolios
34. Implied Volatility and Smile, Smirk
35. Value-at-Risk (VaR)
36. Calculation of VaR for Linear Portfolios
37. Monte Carlo and Historical Calculation of VaR
38. Market Risk Limits (stop-loss, exposure, VaR)
39. Alternative Risk Measures
40. Market Risk- RAROC & Economic Capital Allocation
41. Operational Risk
42. Overview of Credit Risk
43. Actuarial Methods
44. Exposure, Loss Given Default (LGD) and Expected Losses
45.Rating Agencies and their Grades
46. Settlement Risk and Netting Systems
47. Marginal, Cumulative Default Risk
48. Transition Matrix, Joint Transition Matrix and Correlated Migrations
49.Recovery Rate Distributions
50. Merton and KMV Models
51. Credit Risk- RAROC & Economic Capital Allocation


Case Studies, PRMIA Standards of Best Practice

52. Barings
53. Metallgesellschaft
54. LTCM
55. World Com
56. Credit Lyonnais
57. Bankers Trust
58. Daiwa Bank
59. Continental Illinois
60. Orange County
61. US Savings & Loan Crisis
62. Bankgesellscaft Berlin
63. California Power Crisis
64. Riggs Bank
65. National Australia Bank
66. Group of 30 Study
67. PRMIA Standards of Best Practice, Conduct and Ethics
68. PRMIA Bylaws

Exam Sections

• Prelim Exam
  
• Mock Exam
  

1. Overview of Risk Management
2. A Primer in Corporate Risk Management
3. A Non-Quantitative Guide to Theory of Risk and Return
4. The Role of Governance in Risk Management
5. PRMIA Standards of Best Practice, Conduct and Ethics
6. PRMIA Governance Principles
7. Introduction to Financial Markets - I
8. Introduction to Financial Markets - II
9. Interest Rate Risk Analysis
10. Hedging Interest Rate Risk
11. Overview of Market Risk Management
12. Value at Risk
13. Stress Testing, Scenarios and Other Market Risk Measures
14. Asset Liability Management
15. Retail Credit Risk Management
16. Commercial Credit Risk Management
17. Securitization
18. Credit Modeling
19. Credit Derivatives
20. Operational Risk Management
21. Performance Measures
22. Case Study: Metallgesellschaft
23. Case Study: Orange County
24. Case Study: Riggs Bank
25. Group of Thirty Derivatives Best Practices
26. Case Study: LTCM
27. Case Study: California Power Crisis
28. Case Study: US Savings and Loan Crisis
29. Case Study: Continental / Penn Square
30. Case Study: Bankgesellschaft Berlin
31. Case Study: Credit Lyonnais
32. Case Study: Barings
33. Case Study: NAB F/X Options
34. Case Study: World Com
35. Case Study: Bankers' Trust
36. Case Study: Daiwa

Exam Sections