开始时间: 04/22/2022 持续时间: 8 weeks
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所在平台: EdxArchive 课程类别: 其他类别 大学或机构: DelftX 授课老师： Pasquale Cirillo |
课程主页: https://www.edx.org/archive/introduction-credit-risk-management-delftx-tw3421x
课程评论：没有评论
*Note - This is an Archived course*
Imagine that you are a bank and a main part of your daily business is to lend money. Unfortunately, lending money is a risky business - there is no 100% guarantee that you will get all your money back. If the borrower defaults, you will face losses in your portfolio. Or, in a bit less extreme scenario, if the credit quality of your counterparty deteriorates according to some rating system, the loan will become more risky. These are typical situations in which credit risk manifests itself.
According to the Basel Accord, a global regulation framework for financial institutions, credit risk is one of the three fundamental risks a bank or any other regulated financial institution has to face when operating in the markets (the two other risks being market risk and operational risk). As the 2008 financial crisis has shown us, a correct understanding of credit risk and the ability to manage it are fundamental in today’s world.
This course offers you an introduction to credit risk modelling and hedging. We will approach credit risk from the point of view of banks, but most of the tools and models we will overview can be beneficial at the corporate level as well.
At the end of the course, you will be able to understand and correctly use the basic tools of credit risk management, both from a theoretical and, most of all, a practical point of view. This will be a quite unconventional course. For each methodology, we will analyse its strengths as well as its weaknesses. We will do this in a rigorous way, but also with fun: there is no need to be boring.
Thanks to the wonderful feedback of last year’s students, the course has been further improved.
Follow us on Twitter @CRMooc for updates and hints about the course.
FAQs
What is the estimated effort for course?
About 6 hrs/week.
How much does it cost to take the course?
Nothing! The course is free.
Will the text of the lectures be available?
Yes. All of our lectures will have transcripts synced to the videos.
Do I need to watch the lectures live?
No. You can watch the lectures at your leisure.
Will certificates be awarded?
Yes. Online learners who achieve a passing grade in a course can earn a certificate of achievement. These certificates will indicate you have successfully completed the course, but will not include a specific grade. Certificates will be issued by edX under the name of DelftX, designating the institution from which the course originated.
Can I contact the Instructor or Teaching Assistants?
Yes, but not directly. The discussion forums are the appropriate venue for questions about the course. The instructors will monitor the discussion forums and try to respond to the most important questions; in many cases response from other students and peers will be adequate and faster.
Is this course related to campus courses of Delft University of Technology?
Yes, this course can be seen as an evolution of the WI3421TU Risk Management course, a compulsory course of the Minor Finance at TU Delft.
This is a past/archived course. At this time, you can only explore this course in a self-paced fashion. Certain features of this course may not be active, but many people enjoy watching the videos and working with the materials. Make sure to check for reruns of this course.
What is credit risk? Why is it so important, in modern economies, to correctly deal with it? This course combines theory with practice to answer these questions.
