Brief Introduction
Learn how to define a reverse stress test and compare it to a conventional stress test.
Description
This economics and finance course will cover the practical aspects of conducting CCAR/DFAST tests in the US. We will also review the impact of the financial (subprime) crisis of 2007 and 2008 on regulatory reform and the consequences for financial intermediaries.
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 employer’s value.
For those who wish to go further, students can enroll in the other four modules to earn the complete Risk Management Professional Certificate, backed by the New York Institute of Finance’s 93-year history. As a final option, students may also opt to sit for the NYIF Certificate of Mastery Exam, resulting in the Risk Management Certificate of Mastery upon successful completion.
Knowledge
- Describe common approaches to stress testing.
- Explain challenges in designing stress test scenarios, including the problem of coherence in modeling risk factors.
- Describe the practical problems associated with conducting comprehensive stress tests for large financial intermediaries.
- Define reverse stress testing and compare it to conventional stress tests.
- Understand the critiques of prudential risk regulation.
How to Change the World
- 4.6
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How can we use the things we share in common to address some of the most challenging problems facing the world?...
Stress Testing and Risk Regulation – Part 1
- 0.0
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Learn how stress tests are used as the primary tool of risk regulation. Describe the rationale for risk regulation....
Risk Management Professional Certificate Examination
- 0.0
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Complete this exam to earn your professional certificate in Risk Management from the New York Institute of Finance. Ready to start your career in Risk Management?...
Financial Markets
- 4.8
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An overview of the ideas, methods, and institutions that permit human society to manage risks and foster enterprise. Emphasis on financially-savvy leadership skills....
