Risk Management

Kursusbeskrivelse

<span style="font-weight: bold;">Academic course description:</span> <div>The exam preparation course in Risk Management is for all students, whether you are unsure about passing the exam and want a thorough review of the harder parts of the curriculum, or if you have a good understanding of the curriculum and want to improve this into more detail.</div> <div><br /> </div> <div>The course is geared towards solving the exam, which means we focus on <span style="font-weight: bold;">problem solving in Excel</span> and how to generate the best possible exam solution.</div> <div><br /> </div> <div>We expect that you are comfortable with the easier and more basic subjects of the exam curriculum.</div> <div><br /> </div> <div><b>The majority of the instruction will be solving assignments&nbsp;on an exam level</b>. The assignments are variants of previous Cand.merc exam questions, so you will only experience "new" assignments.</div> <div><br /> </div> <div><span style="font-weight: bold;">The course will give you tools to:</span></div> <div> <ul> <li>Recognize and identify the question type</li> <li>Set up and apply relevant models and methods correctly and thereby solve the question</li> <li>Use relevant Excel functions to solve assignments</li> <li>Check your answer</li> <li>"Save time" at the exam</li></ul></div> <div><br /> </div> <div>The focus of the course will be on the most difficult and exam-relevant parts of the syllabus.</div> <div><br /> </div> <div>This means that the course does not contain a general review of the entire syllabus.</div> <div><br /> </div> <div>The course covers:</div> <div><br /> </div> <div><span style="font-weight: bold;">Asset level</span></div> <div><ul><li>Options and hedging</li> <li>The Greeks</li> <li>Term structure of interest rates</li> <li>Yield curve</li> <li>Bootstrapping</li> <li>Duration</li> <li>Convexity</li> <li>Fisher-Weil correction&nbsp;</li></ul></div> <div><br /> </div> <div><span style="font-weight: bold;">Portfolio level&nbsp;</span></div> <div><ul><li>VaR/Expected shortfall</li> <li>Liquidity adjustment</li> <li>Marginal VaR</li> <li>Aggregate VaR</li> <li>Linear and quadratic approximation</li> <li>Cornish-Fisher expansion</li> <li>Historical VaR, backtesting and extensions for non-stationarity</li> <li>Timevarying volatility, EWMA and weighting</li><li> Financial regulation</li> <li>RWA</li> <li>BASEL I-IV</li> <li>Credit risk</li> <li>Credit rating</li> <li>Spreads</li> <li>The Merton Model</li> <li>Default probability</li> <li>Strutural models</li></ul> <div> <div style="background-color: #ffffff;"></div> <div style="background-color: #ffffff;"><br /> </div> <div style="background-color: #ffffff;">We hope you enjoy the course!</div> <div style="background-color: #ffffff;"><br /> </div> <div style="background-color: #ffffff;"> <div>-----------------------------------------------------------------------</div> <div><b>The exam course is held on&nbsp;</b><a href="https://play.aspiri.dk/" target="_self" tabindex="-1" style="font-weight: bold;">AspiriPlay</a></div> <div> <div style="box-sizing: border-box;"><span style="box-sizing: border-box; background-color: transparent;">You can look forward to watching the course on&nbsp;<a href="https://play.aspiri.dk/" target="_self" tabindex="-1">AspiriPlay</a>, where you can:</span></div> <div style="box-sizing: border-box;"><span style="box-sizing: border-box; background-color: transparent;"><br style="box-sizing: border-box;"> </span></div> <ul style="margin-bottom: 10px; box-sizing: border-box;"> <li style="font-family: verdana, arial, helvetica, sans-serif;"><span style="font-weight: bold;">Download the course material&nbsp;</span>containing all the exam-like assignments&nbsp;<span style="font-family: verdana, arial, helvetica, sans-serif;">(as well as other relevant files)</span>.</li> <li style="box-sizing: border-box;"><span style="background-color: transparent;"><b>Watch the video walkthrough</b></span><span style="font-family: verdana, arial, helvetica, sans-serif; background-color: transparent;">&nbsp;of the exam-like assignments from the course material. All videos are&nbsp;<span style="text-decoration-line: underline;">finished&nbsp;</span>and&nbsp;<span style="text-decoration-line: underline;">ready to be seen</span>!&nbsp;</span><font face="verdana, arial, helvetica, sans-serif">As soon as you sign up, you get access to everything. You can watch the videos at your convenience&nbsp;</font><font face="verdana, arial, helvetica, sans-serif"><span style="text-decoration-line: underline;">as many times</span></font><font face="verdana, arial, helvetica, sans-serif">&nbsp;as you like.</font></li> <li style="font-family: verdana, arial, helvetica, sans-serif;"><span style="font-weight: bold;">Ask questions</span>&nbsp;of and continuously interact with the instructor.</li> <li style="box-sizing: border-box;"><span style="font-family: verdana, arial, helvetica, sans-serif; font-weight: bold;">Take notes</span><span style="font-family: verdana, arial, helvetica, sans-serif;">&nbsp;</span><font face="verdana, arial, helvetica, sans-serif">in the built-in note-taking tool and export them to Word so you also have them locally on your own computer.</font></li></ul> <div><font face="verdana, arial, helvetica, sans-serif"><a href="https://play.aspiri.dk/" target="_self" tabindex="-1">AspiriPlay</a>&nbsp;utilises the latest streaming technology, as you know it from Netflix. The videos stream in high quality (1080p at 60 fps). You can also choose the bitrate (from 0.5xspeed to 2xspeed).</font></div></div> <div><br /> </div> <div>You have full access to all of this right up to and including the first upcoming re-exam, so you don't have to worry about losing access if, contrary to expectations, you don't get through on your first attempt.</div> <div><br /> </div> <div><span style="font-size: 10px;"><u>If the course isn't open yet, read here:</u></span></div> <div> <div><span style="font-size: 10px;">Before our courses open, they first go through a thorough update and customisation process. The courses must be adapted to any changes in the syllabus, new types of exam questions, improvement suggestions and other relevant information to ensure that the courses are always 100% suitable for this year's exam. Not only do we automatically reuse our online courses year after year, we update them every year. You can see in the class box when the course will open at the very latest. The opening date is set according to when our instructor is sure that they have finished updating the course. However, most courses are opened some time (typically 1-2 months) before this. As soon as the course is updated, it will be opened and all registrants will receive an email.&nbsp;</span></div> <div><span style="font-size: 10px;"><br /> </span></div> <div><span style="font-size: 10px;"><u>Buy early and save money:&nbsp;</u></span></div> <div><span style="font-size: 10px;">The annual price adjustment of Aspiris courses only takes place when the courses are opened, which is why it's usually possible to save money by buying before they open. This way you can secure ‘this year's course’ at ‘last year's price’.</span></div></div></div> </div></div>