Risk Eğitim

Kurum-İçi Eğitim Programları

B01. FRM, Financial Risk Manager-FRM®,GARP

Certification - a prestigious designation granted by Global Association of
Risk Professionals (GARP) since 1997. GARP certifies Risk professionals,
Practitioners & Regulators as eligible for independent risk management analysis
and decision making for the benefit of the company and its investors.

About the Exam
The FRM Examination is a 5-hour, approximately 140 question multiple-choice examination. The examination is split into two sections in which each is 2.5 hours in length. The exam is given in booklet form.
The exam tests a practitioner’s knowledge in:
1. Quantitative Analysis
2. Market Risk Measurement and Management
3. Credit Risk Measurement and Management
4. Operational, Integrated Risk & Legal, Accounting & Ethics
5. Risk Management and Investment Management
Questions are not presented by Category, e.g. Market Risk, Credit Risk. An FRM
Candidate is expected to be able to address risk-related issues in a
comprehensive way. Questions will be presented as if the candidate was having
to address and formulate a response to an issue in a real-world environment.

FRM PROGRAM OUTLINE

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 & 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 & 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

Mock exam and exam review