融跃教育

2023年FRM考纲解读

1 - Mean-variance framework

2 - Normal distribution and Mean-variance framework limitations

3 - Value at risk (VaR) and VaR limitations

4 - Coherent risk measures and ES

5 - Linear and nonlinear derivatives and Historical simulation approach

6 - Delta-normal approach and Full revaluation method

7 - Deviations From the Normal Distribution

8 - Regime Switching

9 - Volatility Measurement

10 - The EWMA Model and GARCH (1,1) Model

11 - Mean reversion and Correlation

12 - Historical-based approach

13 - Nonparametric vs. Parametric VaR Methods and implied-volatility-based approach

14 - Arithmetic and Geometric returns

15 - Normal VaR and Lognormal VaR

16 - Bootstrap Historical Simulation Approach

1 - Basic of credit risk

2 - Credit risk management

3 - Credit risk measurement

1 - Event classification of Operational risk

2 - Data Governance of Operational risk

3 - Measurement methods of Operational risk

4 - Organizational Structure in Operational risk

5 - Capital Planning of Operational risk

4-1 Backtesting VaR Introduction

10-1 Single and two-Variable Regression Based Hedging

12-1 Interest Rate Expectation, Volatility and Risk Premium

13 - The Art of Term Structure Models Drift

15 - Volatility Smiles

3-1 Expected loss and unexpected loss

6-1 Credit Spreads(1)

10-1 Margin support

11 - Credit Risks and Credit Derivatives (Merton Model & KMV)

21 - Netting, Close-out and Related Aspects (1)

1 - Principles for the Sound Management of Operational Risk(2)

5-1 Risk Mitigation

14-1 Case Study- Investor Protection and Compliance Risks in Investment Activities

12 - Risk Capital Attribution and Risk-Adjusted Performance Measurement

21-2 Capital Regulation Before the Global Financial Crisis

1 - Factor Theory(1)

3-1 Characteristics of Sound Benchmarks

7-1 The Three Legs of Risk Management

9-2 Hedge Fund Strategies

10 - Performing Due Diligence on Specific Managers and Funds

1-1 Liquidity Trading Risk

4 - The Investment Function in Financial-Services Management

7 - Monitoring Liquidity(1)

12-1 types of deposits offered by depository institutions

15-1 liquidity transfer pricing a guide to better practice

0-1 current issues课程介绍

5-1 paper5

8-1 paper8