Financial Risk Management with Quantitative Tools
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Financial Risk Management with Quantitative Tools
This course is part of Financial Risk and Quantitative Finance Specialization
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What you'll learn
Apply quantitative methods, probability, and statistics to analyze financial risks.
Evaluate market, credit, liquidity, and operational risks using industry frameworks.
Use VaR, stress testing, and risk management strategies to support financial decisions.
Skills you'll gain
- Statistical Analysis
- Market Liquidity
- Risk Management
- Financial Analysis
- Enterprise Risk Management (ERM)
- Descriptive Statistics
- Probability Distribution
- Statistics
- Risk Mitigation
- Risk Analysis
- Operational Risk
- Financial Management
- Statistical Methods
- Probability
- Probability & Statistics
- Credit Risk
- Financial Market
- Analysis
- Risk Management Framework
- Finance
Details to know
June 2026
28 assignments
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There are 7 modules in this course
Master financial risk using quantitative tools and real-world strategies.
Build a strong foundation for FRM Level 1 with practical, job-ready skills. This course combines quantitative analysis and risk management into one structured learning path designed for aspiring finance professionals. You will start with probability, distributions, and statistics, then progress to real-world applications like Value at Risk (VaR), stress testing, and credit risk analysis. Through practical examples and industry-relevant frameworks, you will learn how to measure uncertainty, evaluate financial risks, and make informed decisions. The course covers key risk types including market, credit, liquidity, and operational risks, along with strategies like diversification and enterprise risk management. By the end of this course, you will be able to apply quantitative methods to analyze risk, understand the risk-return trade-off, and confidently approach FRM Level 1 concepts or real-world financial roles.
Understand probability concepts and apply them to uncertain financial outcomes.
What's included
9 videos4 assignments
9 videos•Total 61 minutes
- Introduction Quantitative Analysis Probabilities•3 minutes
- Discrete Probability•5 minutes
- Independent Events•5 minutes
- Random Variables•7 minutes
- Probability Distributions•6 minutes
- Example Rolling 2 Dice•8 minutes
- What is Probability•10 minutes
- Mutually Exclusive Events•6 minutes
- Contingency Tables•12 minutes
4 assignments•Total 60 minutes
- Graded - Foundations of Probability Thinking•30 minutes
- Understanding the Language of Probability•10 minutes
- Events and Their Relationships•10 minutes
- Core Probability Concepts•10 minutes
Analyze data using mean, variance, and standard deviation to interpret risk.
What's included
9 videos4 assignments
9 videos•Total 59 minutes
- Independed Events•5 minutes
- Example•4 minutes
- Summary•3 minutes
- Basic Statistics•6 minutes
- Mean and Variance•8 minutes
- Standard Deviation•10 minutes
- Correlation and Covariance•10 minutes
- Correlation and Covariance Continues•7 minutes
- Central Moments•6 minutes
4 assignments•Total 60 minutes
- Building Statistical Intuition•30 minutes
- Event Dependencies and Applications•10 minutes
- Statistical Foundations•10 minutes
- Relationships Between Variables•10 minutes
Apply expected value, distributions, and correlation in financial contexts.
What's included
9 videos4 assignments
9 videos•Total 52 minutes
- Positive Skewed Distribution•7 minutes
- Best Linear Unbiased Estimator•3 minutes
- Introduction to Quantitative Analysis•3 minutes
- Mean•12 minutes
- Geometric Mean Example•2 minutes
- Expected Value•3 minutes
- Expected Value Properties•8 minutes
- Covariance Explained•5 minutes
- Correlation•9 minutes
4 assignments•Total 60 minutes
- Graded - Advanced Statistical Measures•30 minutes
- Understanding Distributions•10 minutes
- Measuring Central Tendency•10 minutes
- Expected Value Deep Dive•10 minutes
Understand risk definitions, measurement tools, and management objectives.
What's included
9 videos4 assignments
9 videos•Total 72 minutes
- Moments and Central Moments•4 minutes
- Kurtosis Coskewness and Cokurtosis•8 minutes
- Introduction to Foundations of Risk Management•6 minutes
- What is Risk•8 minutes
- Tools and Procedure to Measure•10 minutes
- Marginal Distribution on Deviation•9 minutes
- Objective of Risk Management•9 minutes
- Risk Management Helicopter View•10 minutes
- Describe Risk Management Process•7 minutes
4 assignments•Total 60 minutes
- Graded - Moments and Risk Metrics Foundations•30 minutes
- Higher-Order Statistics•10 minutes
- Understanding Risk Basics•10 minutes
- Risk Management Overview•10 minutes
Apply VaR, stress testing, and enterprise risk management frameworks.
What's included
9 videos4 assignments
9 videos•Total 84 minutes
- Identify Problems of RM Process•13 minutes
- Identify Problems of RM Process Continues•10 minutes
- Quantitative Measures Var•10 minutes
- Illustration of Var•13 minutes
- Stress Testing•6 minutes
- Enterprise Risk Management•10 minutes
- Unexpected Losses•7 minutes
- Risk Reward Trade off•8 minutes
- Risk Reward Trade off Continues•7 minutes
4 assignments•Total 60 minutes
- Graded - Risk Management Framework in Practice•30 minutes
- Challenges in Risk Processes•10 minutes
- Measuring Risk Exposure•10 minutes
- Risk and Performance Link•10 minutes
Analyze credit risk, market risk, and their impact on financial instruments.
What's included
9 videos4 assignments
9 videos•Total 73 minutes
- Government Bond and Corporate Bond Yield•5 minutes
- Examining Risk and Reward Relationship•7 minutes
- Classes of Risk•12 minutes
- Classes of Risk Continues•11 minutes
- Credit Risk•10 minutes
- Bankruptcy Risk•7 minutes
- Downgrade Risk•8 minutes
- Downgrade Risk Continues•5 minutes
- Settlement Risk•7 minutes
4 assignments•Total 60 minutes
- Graded - Types of Financial Risks•30 minutes
- Market Insights and Risk Relationships•10 minutes
- Credit Risk Fundamentals•10 minutes
- Credit Risk Extensions•10 minutes
Evaluate diversification, liquidity risk, and strategic risk management.
What's included
10 videos4 assignments
10 videos•Total 78 minutes
- Steps to Mitigate Credit Risk•2 minutes
- Diversification•6 minutes
- Liquidity Risk•8 minutes
- Sub Types of Operational Risk•4 minutes
- Business Risk•10 minutes
- Reputation Risk•8 minutes
- Value At Risk•11 minutes
- Calculation of Var•9 minutes
- RMH - Questions and Answers•12 minutes
- Strategic Risk•9 minutes
4 assignments•Total 60 minutes
- Graded - Risk Mitigation and Advanced Topics•30 minutes
- Managing Credit Risk•10 minutes
- Operational and Business Risks•10 minutes
- Advanced Risk Metrics & Strategy•10 minutes
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