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Covid-19 update: Announcements

     ‘We at Prospects Development Services intend to continue to provide the full range of consultation services during the Coronavirus pandemic. We have already put in place measures to maintain a healthy environment for all staff and clients. We will continue to adapt and adjust our procedures as guidance changes. Please contact us on +4477 337 82193 to ensure business continuity. Booking can be arranged for future training by telephone, Skype or WhatsApp.’

Advanced Risk Management

The recent global economic and financial crisis has once again revealed to us the crucial importance of understanding the intricacies of risk analysis and risk management applied to finance.

This is equally true for private sector corporate actors, public sector officials and professionals working in private financial institutions and in public administrations such as ministries of finance and central banks. Measuring risk using mathematical formulae has become standard for major financial institutions worldwide, and the cost of borrowing or leveraging debt depends to a large extent upon the findings of risk and creditworthiness found through mathematical modelling and applying sophisticated statistical tools.

This advanced course is designed to provide professionals with specific hands-on tools and modelling techniques for effective risk management, and builds on the Fundamentals of Risk Management course.

Course Content

  • Review of basic knowledge: statistics, basic matrix algebra operation and mathematics of finance
  • Traded instruments and risk indicators
  • Basic concerns of risk management and corresponding tools
  • Tools and strategies for decreasing risk

Learning Outcomes
At the end of the course, the participants should be able to:

  • Apply the mathematical, statistical and financial tools required to approach financial risk management
  • Compute the value of different types of fixed income securities, including calculations on yields and market prices
  • Interpret different ratios and indexes related to the stock exchange market, in particular for stock shares
  • Apply risk management techniques into different situations, in particular value at risk (VAR)
  • Calculate risk indexes for a portfolio composed of different types of securities
  • Design different methodologies for generating risk management scenarios, in particular for interest rate or exchange rate variations, using Monte Carlo simulation
  • Evaluate methodologies applied by third parties on financial risk management


NOTE: For our customised events all you need to do is provide us with what you want to achieve or tell us about the training requirements of the group and we will agree on a date, venue and produce a course proposal for you along with the costs. Discounts may be applicable for group booking or early birds.

Event Date Event End Date Location Individual Price Available place Register
11/05/2020 22/05/2020 Edinburgh, UK £4,200 25
We are no longer accepting registration for this event
02/11/2020 13/11/2020 Dubai, UAE £4,200 25
£4,200 25

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