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New York Institute of Finance: Measuring Risk: Equity, Fixed Income, Derivatives and FX

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Understand how to describe the various approaches utilized for determining value at risk.

Measuring Risk: Equity, Fixed Income, Derivatives and FX
4 weeks
1–2 hours per week
Progress at your own speed
Cost to Enroll
$249 USD

About this course

Skip About this course

This economics and finance course is a survey of risk measures and risk measurement practices applied to individual securities and portfolios. Students will also study risk reports of publicly traded financial institutions.

Upon completion of this course, participants will receive a certificate bearing the New York Institute of Finance (NYIF) name. A NYIF certificate is a valuable addition to your credentials, proving that you have acquired the work-ready skills that employers value.

For those who wish to learn more, students can enroll in the remaining four courses to earn the complete Risk Management Professional Certificate, backed by the New York Institute of Finance’s 93-year history.

At a glance

  • Institution: NYIF
  • Subject: Economics & Finance
  • Level: Intermediate
  • Prerequisites:
    • Basic MS Excel skills
    • Basic probability and statistics
  • Language: English
  • Video Transcript: English
  • Associated programs:
  • Associated skills: Risk Measure, Securities (Finance), Risk Management, Economics, Derivatives, Equities, Finance, Fixed Income

What you'll learn

Skip What you'll learn
  • Understand beta as a measure of equity risk.
  • Describe duration and convexity as first and second order interest rate sensitivity / risk measures for fixed income instruments.
  • Explain and provide examples of linear and non-linear (‘convex’) securities.
  • Describe and the sensitivity measures (Greeks) for options.
  • Describe the various approaches utilized for determining value at risk and expected shortfall as measures of market and credit risk for portfolios.

Module 1: Risk by Asset Class

  • Lesson 1: Fixed Income Risk
  • Lesson 2: Derivatives Risk
  • Lesson 3: Credit Risk
  • Lesson 4: Equity Risk

Module 2: Portfolio Risk Measurement

  • Lesson 1: Weighted Scenarios
  • Lesson 2: Volatility Updating
  • Lesson 3: Normal Approximation

This course is part of Risk Management Professional Certificate Program

Learn more 
Expert instruction
6 skill-building courses
Progress at your own speed
5 months
1 - 2 hours per week

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