PROFESSIONAL RISK MANAGER (PRM) CERTIFICATION TRAINING PROGRAM

OVERVIEW
 

COURSE OBJECTIVE

This program helps to prepare professionals in the financial industry for the rigorous examinations of the PRM certification program. This certification is globally recognized and is administered by the Professional Risk Managers' International Association.

PROFESSIONAL RISK MANAGERS' INTERNATIONAL ASSOCIATION (PRMIA)

PRMIA is a higher standard for risk professionals. It's a fast-growing, collaborative network of risk professionals from around the globe, defining and implementing the best practices of risk management. From the cradle to the pinnacle of your career, as a PRMIA member you can gain sound risk management practices, increased awareness of ethical issues and standards of conduct, certification of your skills, access to professional development programs and the opportunity to participate in multiple networks for the free exchange of ideas with your peers.

PROFESSIONAL RISK MANAGER (PRM^TM) CERTIFICATION

The Professional Risk Manager (PRM^TM) Certification is the global standard for the world's top financial risk professionals. Today's risk professional is expected by regulators & stakeholders alike to have the knowledge and understanding of industry best practices and to be committed to using them everyday. The PRM^TM Certification sends the message to everyone that you set the standards.

COURSE OUTLINE

Choose the complete course or individual course groups that best fit your demands.

Part I - Mathematical Foundations of Risk Management

(June 20, 27; July 04, 11, 18)

Part I covers the quantitative background required for Parts II and III. Participants should take this to refresh their memories on these subjects, but if they are secure in this knowledge they can directly take Parts II or III. Part I covers much of the material for Exam 2 of the PRM^TM Certification, with topics including:

• Applications of Statistics, Calculus, Linear Algebra and Probability theory in Risk Management

• Regression

• Numerical Methods

Part II - Finance Theory and Financial Instruments

(July 25; August 01, 15, 22, 29; September 05, 12)

Part II discusses the domain specific background required for risk management. This includes the financial theories behind risk management models and also the financial instruments that need to be risk managed or are used in risk management. Part II covers much of the material for Exam 1 of the PRM^TM Certification, with topics covering:

• Risk Theory

• Portfolio Mathematics

• Capital Allocation

• CAPM and Multifactor Models

• Capital Structure

• Fixed Income Instruments

• Derivative Contracts

Part III - Risk Management Practices

(September 26; October 03, 10, 24, 31; November 07, 14)

Part III gets to the heart of risk management. The framework and models of risk management are discussed in the areas of market risk, credit risk and operational risk. As well, several case studies are given as examples. Part III covers much of the material for Exam 3 of the PRM^TM Certification with the case studies being examples for Exam 4.

• Capital Allocation

• Market Risk Management

• Value at Risk Models

• Advances Value at Risk Models

• Stress Testing

• Credit Risk Management and Modeling

• Portfolio Credit Risk Models

• Credit Risk Capital

• Operational Risk Management

• Case Studies

(Disclaimer: The program may change due to unforeseen circumstances.)

COURSE SCHEDULE

To meet the needs of the working professionals, the classes will be held on Saturday mornings (9.00am to 12.30pm) over a period of 5 months for the 3 parts of the curriculum.

COURSE FEE

You may register for individual sections or the complete course.

Participants who register for two or more parts will receive a complimentary set of the PRM Handbooks. Participants who register for only one part can purchase the complete set from RMI for S$300 (UP: US$375 + shipping).

The Financial Sector Development Fund (FSDF) offers grants to financial sector organisations that sponsor eligible participants to training programs that meet qualifying criteria. The PRM Certification Training Program administered by RMI qualifies under this scheme.

For enquiries, please contact the FSDF secretariat at 6229 9396 or via email at fsdf@mas.gov.sg

Crossed cheques are to be made payable to: "National University of Singapore"

Please send the completed registration form together with your payment to:

Ms He Simin

NUS Risk Management Institute

National University of Singapore

21 Heng Mui Keng Terrace

Singapore 119613

Tel: 6516 4595 Fax: 6874 5430

Email: rmihs@nus.edu.sg

(Cancellations are non-refundable although participants can be substituted.)

Please click here for Registration form.