Financial Risk Management - I (FRM)
Excellent preparation for the official GARP exam and certification
Studiebelasting
Vakgebied
Bank
Niveau
Vakopleiding
Erkenning
Opleidingsvariant
Dag
Vanaf prijs
Bekijk kostenspecificatie
Duur
2 maanden
Eerstvolgende startdatum
10-10-2019Financial risks are of particularly great importance for day-to-day banking. The financial risk refers to the risk of a business’ cash flows not being sufficient to pay banking loans and fulfil other financial responsibilities. The level of financial risk, therefore, relates less to the business’ operations themselves and more to the amount of debt a business incurs to finance those operations. The Financial Risk Manager (FRM®) designation is the globally recognised standard for those who manage risk. During this exam training you will gain knowledge of the fundamental risks for banking institutions, government regulators, investment funds, consulting firms and financial services institutions around the world in their day-to-day operations. This course prepares you for FRM Part I.
Target group
This training has been developed for risk managers, business analysts, accountants, central bank auditors, internal auditors and treasury consultants.
Preliminary training
A level of Higher professional education (HBO) is required.
Course materials
NIBE-SVV is the number one financial trainer in the banking, insurance and security sectors and sets the standard for the market. This guarantees you the highest quality by far.
You will use the latest literature and obtain access to a modern online learning environment. This online learning environment includes all information you will need for your training.
GARP also has an online platform and offers a studybook. You have to order their course materials yourself at www.garp.org These costs (approximately 250 US dollars, plus shipping) are not included in the costs of this training. Please take into account a delivery time of approximately 6 weeks.
Goal and structure
The training prepares you for the high level of risk management used in the banking business. The training consists of 7 topics with a mock exam. During this training you will gain knowledge of the fundamental risks for banking institutions, government regulators, investment funds, consulting firms and financial services institutions around the world in their day-to-day operations. This interesting exam training is taught by highly experienced and professionally active lecturers. The lessons are practically oriented, highly accessible and provide excellent preparation for the final modular assignment. Via the modern online learning environment, you can ask your tutor or fellow students questions about assignments and exercises.
Study load and duration
The training consists of 2 meetings. Readings and assignments approximately take 19 hours a week.
Study programme
The training addresses the following topics:
Banking and financial markets
- Business model of banks
- Risk versus return
- Financial markets
The management of basic risk types
- Liquidity, solvency, leverage
- Other sources of risk
- The risk management process
Quantitative analysis I
- Likelihood and probability
- Distributions
- Hypothesis testing
Quantitative analysis II
- Linear regression with single and multiple regressors
- Simulation
- Monte Carlo Methods
Derivatives modelling
- Mechanics of OTC and exchange markets
- Derivatives on fixed income securities, interest rates, foreign exchange, and equities
- Commodity derivatives
Expected and unexpected losses
- Modeling credit risk
- Rating methodology
- Basel III applied to credit risk
Value-at-Risk (VaR)
- The bank trading portfolio
- Factors determining market volatility
- Liquidity
Exam and diploma
The examination is held each May and November by GARP. Additional information about the exams and registration forms can be found on the website of GARP: www.garp.org You pay the costs for this exam directly to GARP.
You are permitted to register for both the FRM® Exam Level I and Level II on the same day. Level I will be offered in the morning and Level II in the afternoon. You must pass the FRM Exam Level I in order to register for FRM Exam Level II.
Proof of participation
After actively participating in the meetings you will receive the proof of participation ‘Financial Risk Management - I (FRM)’ from NIBE-SVV.
This training consists of 2 training days. There is a 2 week period between these training days. The meetings take place between 9.30 a.m. and 4.30 p.m.
Kosten dag variant, bij betaling in 1 termijn
Factuurmoment klassikale opleiding: facturatie vindt plaats drie weken voor aanvang van de eerste bijeenkomst.
Locatie- en arrangementskosten*
Het arrangement bestaat uit onbeperkt koffie, thee en ijswater. In het dagarrangement is ook een uitgebreide lunch inbegrepen. De arrangementskosten zijn € 25,- (excl. btw) per dag of € 5,50 (excl. btw) per avond. Staat er een verwijzing naar locatie- en arrangementskosten? Dan brengen wij naast arrangementskosten ook locatiekosten in rekening. De locatiekosten zijn € 29,50 (excl. btw) per dag of € 10,- (excl. btw) per avond.
Reprorechten en hand-outs*
Voor opleidingen van onze businesspartners worden er kosten voor reprorechten en hand-outs in rekening gebracht. Het betreft hier een eenmalig bedrag van € 15,- (excl. btw).
Vrijstellingen en btw
Wij combineren topkwaliteit met maximale flexibiliteit en aantrekkelijke tarieven. Alle genoemde prijzen zijn in principe exclusief btw. De opleidingen en trainingen verzorgd door NIBE-SVV kunnen wij u vrijgesteld van btw aanbieden. Dit geldt ook voor alle wettelijk erkende opleidingen op MBO-niveau 2, 3 en 4, de volledige HBO Bacheloropleidingen en de volledige Masteropleidingen. Voor de niet-wettelijk erkende opleidingen en trainingen van onze businesspartners brengen wij 21% btw in rekening.
Voor organisaties die geen btw kunnen terugvorderen, is vrijstelling van btw mogelijk. In dat geval komt er 10% opslag bovenop de exclusief-btw-prijs. Dit betekent een groot voordeel op de prijs inclusief btw en is een absolute aanrader. Betaalt u uw opleiding of training van onze businesspartner zelf? Dan geldt er geen opslag van 10%.
Op de kosten voor studiemateriaal, hand-outs, syllabi, reprorechten en arrangementskosten brengen wij altijd 9% btw in rekening.
Losse examens zijn vrijgesteld van btw als u bij uw inschrijving aangeeft bij welke CRKBO-geregistreerde instelling u de btw-vrijgestelde opleiding heeft gevolgd.
Wanneer u geen vooropleiding heeft gevolgd, is het examen belast met 21% btw. Dit geldt niet voor de DSI-examens, deze zijn altijd belast met 21% btw. De hoogte van de btw is onder voorbehoud van eventuele wetswijzigingen.
*Deze kosten worden niet in rekening gebracht bij e-learning opleidingen.
