Explore risk modeling with emphasis on the Black Scholes model and Ellsberg paradox. Understand operational risk principles, Basel Accords, and different approaches to assess and manage risks in banking operations.

After the successful completion of this course, you will be able to:

Risk Models Assessment:

• Understand the concept of the Black-Scholes model.
• Identify and describe the assumptions underlying the Black-Scholes-Merton model.
• Recognize and compare various risk models used in finance.
• Explain the concept of the Ellsberg paradox and its implications.
• Analyze different examples of black swan events and their impact on financial markets.
• Describe the mathematical models commonly used in risk assessment.
• Identify and explain the elements of the Dynamic Financial Analysis (DFA) framework.

The Concepts of Operational Risk:

⦁ Comprehend the concept of operational risk.
⦁ Identify different types of operational risk.
⦁ Understand the fundamentals of Operational Risk Management.
⦁ Describe the Basel Accords.
⦁ Explain the principles of Basel II.
⦁ Recognize the event types under Basel II.


Standards And Approaches of Operational Risks:

⦁ The concept of operational risk and its significance in financial management.
⦁ Identify and differentiate between the various categories of operational risk in a banking context.
⦁ The different approaches to assess and manage operational risk in banking operations.
⦁ The principles and key aspects of the standardised approach for operational risk management.
⦁ Quantitative standards when utilizing the Advanced Measurement Approach (AMA) for operational risk management.
⦁ The different types of credit risk assessment approaches used in banking and their respective implications.

All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details.

There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course.

The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience.

• Risk Analyst
• Financial Modeler
• Operational Risk Manager
• Quantitative Analyst
• Basel Accords Compliance Specialist
• Risk Modeling Consultant
• Credit Risk Analyst
• Financial Risk Manager