e-Learning Management Development Programme Applied Financial Risk Management Programme Facilitators : Prof. Jijo Lukose P. J., Prof. Venkataraman S. & Prof. Sony Thomas Programme Schedule April '19 - September '19 ( 5 Months) MDP Office Indian Institute of Management Kozhikode, IIM Kozhikode Campus P.O, Kozhikode - 673 570, Kerala Phone : 0495 - 2809 673/208 | E- Mail : [email protected]Follow us on Facebook : https://www.facebook.com/mdpiimk
Prof. Jijo Lukose P. J., Prof. Venkataraman S. & Prof. Sony Thomas
Programme Schedule April '19 - September '19 ( 5 Months)
MDP Office Indian Institute of Management Kozhikode, IIM Kozhikode Campus P.O, Kozhikode - 673 570, Kerala
Phone : 0495 - 2809 673/208 | E- Mail : [email protected] us on Facebook : https://www.facebook.com/mdpiimk
PROGRAM OVERVIEW & OBJECTIVESAbout the Programme
The increasing complexity and growth in market value of financial assets and their derivatives highlight the need to manage investments in these securities prudently and optimally. Professionals in Financial Institutions and Corporates need a solid understanding of financial risk measurement and management. This course is designed to introduce various risk management concepts, tools, and techniques. Using integrated approach, the course will emphasize on the design and implementation of risk management practices in financial institutions. It also deals with the mathematical ideas and the algorithms behind the construction of models for analyzing and managing risk in financial markets. Basically, this course purports to familiarize students with and deepen their understanding of modern risk management concepts, theories, practices and trends.
Coverage & Topics
1. Introduction &Basics
2. Financial Instruments and their markets
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3. Market Risk
?Perspectives on Risk and Risk Management
?Basic risk types and measurement
?Financial disasters and risk management failures
?Understanding Financial Returns
?Volatility and Correlation
Financial markets and Institutions
?Introduction to Trading and Market Microstructure
?Equity Markets
?Bonds, Interest Rate and Interest rate Sensitivity
?Corporate bonds and Credit Risk
?Hedging with derivatives Features and valuation of forwards, futures, swaps, and options
?VaR, Expected shortfall (ES) and other risk measures
?Parametric and non-parametric methods
?Monte Carlo Simulation
?VaR mapping and Backtesting VaR
4. Credit Risk
5. Other Topics
?Credit ratings?Credit Risk Modelling and Credit Scores, ?Estimating Default Probabilities?Structural Approach?Credit VaR, ?Credit Derivatives?Securitization and Structured Obligations
?Operational Risk?Liquidity Risk?Risk Reporting?Enterprise Risk Management (ERM) and Creating value with risk
management?Risk-adjusted performance measurement and risk reporting
PedagogyThis course would use a mix of pedagogical tools such as lectures, case
discussions, Excel simulations in the learning process. Students are expected
to read the textbooks or other assigned readings outside of class and
participates in the critical evaluation of the material through class discussion
and in-class exercise.The programme may require participants to work on individual/group
assignments and/or projects. The main objective of such assignments/projects
will be to help the participants apply their conceptual learning in the
programme to actual organizational decision scenarios.
Learning Outcome
At the end of this course, the participants would be able to • Understand the relationship between risk and reward and explain how
incentives can impact risk management• Appreciate and understand the basic challenges in measuring and
managing risk• Evaluate and apply tools and procedures used to measure and manage
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Indian Institute of Management Kozhikode,
Programme Faculty
The programme will be run by in-house faculty of IIM Kozhikode, with
the main instructors being the coordinators mentioned below.
Prof. Jijo Lukose P. J.
Jijo Lukose P J, a doctorate from School of Management, IIT Bombay has
designed and delivered training programmes for banks and financial
institutions including World Bank, ICICI Bank, Bank of America, CRISIL,
Ashok Leyland Finance, Reserve Bank of India etc.
Venkataraman S is alumnus of NIT Trichy, IIM Calcutta and Cornell University. Formerly a Senior Director at CRISIL Ltd, India's premier credit rating agency, and the founder CEO of world's first regional rating agency based in the Caribbean, his expertise includes risk management, global strategy and corporate sustainability. Over a 20-year career, he has handled numerous assignments for banks, corporates and governments in India, Asia, Africa and the Caribbean, and for multilaterals agencies.
Prof. Sony Thomas
Sony Thomas is Ph.D. in Finance from Department of Management Studies, IIT Madras. He has conducted various training programmes in Finance to private and public sector companies. Prior to joining IIMK, he worked with Deloitte Research and GE Money-MSE Financial Decision Sciences Lab.
Target Participants
This programme will be relevant for executives who have Graduation and an
overall experience of at least 3 years in financial institutions / finance
department of non-financial firms or at least 4 years in a managerial position in
such enterprises.
Eligibility
For Indian Participants - Graduates (10+2+3) or Diploma Holders (only 10+2+3) from a recognized university (UGC/AICTE/DEC/AIU/State Government) in any discipline.
For International Participants - Graduation or equivalent degree from any recognized University or Institution in their respective country.
Minimum of at overall experience of at least 3 years in financial institutions / finance department of non-financial firms or at least 4 years in a managerial position in such enterprises.
