Risk Management: A Helicopter View (FRM Part 1 - Book 1

Risk Management: A Helicopter View (FRM Part 1 - Book 1 - Chapter 1)

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Күн бұрын

For FRM (Part I & Part II) video lessons, study notes, question banks, mock exams, and formula sheets covering all chapters of the FRM syllabus, click on the following link: analystprep.com/shop/unlimite...
AnalystPrep is a GARP-Approved Exam Preparation Provider for FRM Exams
After completing this reading you should be able to:
- Explain the concept of risk and compare risk management with risk taking.
- Describe the risk management process and identify problems and challenges that can arise in the risk management process.
- Evaluate and apply tools and procedures used to measure and manage risk, including quantitative measures, qualitative assessment, and enterprise risk management.
- Distinguish between expected loss and unexpected loss, and provide examples of each.
- Interpret the relationship between risk and reward and explain how conflicts of interest can impact risk management.
- Describe and differentiate between the key classes of risks, explain how each type of risk can arise, and assess the potential impact of each type of risk on an organization.

Пікірлер: 20

@kushal3214 4 жыл бұрын

Thank you James. The videos are precise and clear. The content is Clear and the examples used are easy to relate.

@analystprep 4 жыл бұрын

You're welcome. Glad you like it!

@sauravpratapsingh2514 5 жыл бұрын

So nicely explained thanks for vedio people like me who does not have access to resource will be benifit by it keep it up sir You r doing excellent job

@analystprep 5 жыл бұрын

You're welcome and thank you for the kind words!

@vuongmyanh92 5 жыл бұрын

Thank you for your great lectures. I hope that you will continue uploading videos for FRM part 1 book 4 .

@analystprep 5 жыл бұрын

Hi. Yes, we will be continuing uploading videos every week.

@rehaankhan7632 4 жыл бұрын

Hello Anh.. have you completed FRM part 1. Can you help me my whatsapp number is +919899091028

@atulnemlekar9539 4 жыл бұрын

Thanks a ton! James sirji !! This was quite insightful and easy to understand.

@analystprep 4 жыл бұрын

Glad you liked it!

@amitsingh6469 4 жыл бұрын

Thanx for uploading such useful videos.Pls also sugeest study materials for FRM

@analystprep 4 жыл бұрын

You're welcome. analystprep.com/frm has everything you need to pass the exam. Simply register an account and get started right away.

@mandar505 5 жыл бұрын

Hello James, Your videos are great! Can you please upload a video for " How to prepare for FRM Exam in 4 months?" for someone who has cleared CFA L1 and has an engineering background.

@analystprep 5 жыл бұрын

Hi. Thank you for your kind words! We take your input and will try to do a video like this. In the meantime, you can read our FRM 3-month study plan here: analystprep.com/blog/frm-part-1-exam-3-month-study-plan/

@rehaankhan7632 4 жыл бұрын

Hello Sir, I'm a big fan of you. I love the way you teach. Sir one of my request is, can I get the pdf copy of your lacture. Thanks

@analystprep 4 жыл бұрын

Hi. They are included in AnalystPrep's premium packages at app.analystprep.com

@user-rm1me3zm6x 5 жыл бұрын

VaR is interpreted as the minimum expected loss while in FRM it is the maximum loss ,so which one is correct?

@analystprep 5 жыл бұрын

The formal definition of VaR from Wikipedia is: "Value at risk (VaR) is a measure of the risk of loss for investments. It estimates how much a set of investments might lose (with a given probability), given normal market conditions, in a set time period such as a day." For example, if a portfolio of stocks has a one-day 5% VaR of $1 million, that means that there is a 0.05 probability that the portfolio will fall in value by more than $1 million over a one-day period if there is no trading. Informally, a loss of $1 million or more on this portfolio is expected on 1 day out of 20 days (because of 5% probability). This is what you have to understand at this point in your studies. However, we'll be spending a lot of time on VaR calculations in the next few FRM part 1 books. You'll then be able to understand this concept a lot more clearly.

@ronakkothari398 4 жыл бұрын

Would it be a good decision to take frm exam after graduating in 2013 and having no prior experience. Would it help in getting a good job.

@analystprep 4 жыл бұрын

Yes, the FRM certification would help you land a job in the risk management field. However, since you graduated in 2013 you might need to put in lots of efforts.

@ronakkothari398 4 жыл бұрын

@@analystprep thank you. What more skillset or certification i can work to get a good job. As i was running a small business of my own for last 6 years. Thank you once again