Fundamentals of Risk Management & Financial Analysis
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Fundamentals of Risk Management & Financial Analysis
This course is part of Risk Management and Financial Analysis Specialization
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What you'll learn
Apply statistical and probability techniques to analyze financial data and risk.
Evaluate market, credit, and operational risks using quantitative finance methods.
Use regression, hypothesis testing, and time value of money concepts for decision-making.
Skills you'll gain
- Analysis
- Variance Analysis
- Predictive Modeling
- Probability
- Financial Management
- Decision Making
- Statistical Methods
- Financial Analysis
- Operational Risk
- Risk Analysis
- Statistics
- Statistical Hypothesis Testing
- Risk Modeling
- Credit Risk
- Operational Analysis
- Risk Management
- Finance
- Probability & Statistics
- Financial Data
- Predictive Analytics
Details to know
June 2026
29 assignments
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There are 7 modules in this course
Master financial risk management, statistics, and probability with practical, real-world applications. Build strong quantitative skills for finance careers and certifications like FRM and CFA.
This course provides a structured learning path to understand financial risks, analyze data using statistical tools, and make informed investment decisions. You will explore key concepts such as credit risk, market risk, and operational risk, along with essential statistical techniques like variance, regression, and probability. Through real-world examples and applications, learners will develop the ability to evaluate uncertainty, interpret financial data, and apply time value of money concepts effectively. The course also introduces simulation techniques and hypothesis testing to strengthen analytical thinking. By the end of this course, you will gain the confidence to apply quantitative methods in finance, improve decision-making, and build a solid foundation for advanced financial analysis and risk management roles.
Learn core risk concepts including credit, market, currency, and model risk to build a strong foundation in financial risk management.
What's included
7 videos4 assignments
7 videos•Total 41 minutes
- Introduction to FRM Level 1•1 minute
- What is Risk•4 minutes
- Financial Risk•6 minutes
- Credit Risk•13 minutes
- Insert Rate Risk•7 minutes
- Currency Risk•7 minutes
- Equity and Commodity Risk•3 minutes
4 assignments•Total 60 minutes
- Introduction to Risk Management•10 minutes
- Core Financial Risk Categories•10 minutes
- Market Risk Components•10 minutes
- Foundations of Risk & Financial Risk Types•30 minutes
Understand data measurement, descriptive statistics, and operational risk to support analytical decision-making.
What's included
7 videos4 assignments
7 videos•Total 74 minutes
- Model Risk•11 minutes
- Model Risk Continue•8 minutes
- Intro to Basic Statistics•11 minutes
- Types of Measurement•10 minutes
- Types of Measurement Continue•11 minutes
- Descriptive Statistics•13 minutes
- Operational Risk•10 minutes
4 assignments•Total 60 minutes
- Understanding Model Risk•10 minutes
- Measurement Fundamentals•10 minutes
- Descriptive Statistics & Operational Risk•10 minutes
- Advanced Risk Types & Statistical Basics•30 minutes
Analyze dispersion, benchmarks, and statistical measures to interpret financial data and assess risk.
What's included
7 videos4 assignments
7 videos•Total 62 minutes
- Measures of Dispersion•6 minutes
- Benchmark Figures•8 minutes
- Chart Title•9 minutes
- Sample Variance-Standard Deviation•9 minutes
- Numerical Measures of Relative Standing•12 minutes
- Intro to Time Value of Money•10 minutes
- Financial Calculator Solution•8 minutes
4 assignments•Total 60 minutes
- Dispersion and Benchmarking•10 minutes
- Variability & Relative Measures•10 minutes
- Time Value of Money Basics•10 minutes
- Statistical Measures & Data Interpretation•30 minutes
Apply time value concepts, annuities, and return analysis to evaluate financial decisions effectively.
What's included
7 videos5 assignments
7 videos•Total 58 minutes
- Cash Flow Signs•7 minutes
- Ordinary Annuity•8 minutes
- What is PV•6 minutes
- Comparing Rates•8 minutes
- Rate of Return•7 minutes
- Correlation•11 minutes
- Correlation Continue•11 minutes
5 assignments•Total 70 minutes
- Cash Flow Signs•10 minutes
- Cash Flows and Annuities•10 minutes
- Interest Rates & Returns•10 minutes
- Correlation Concepts•10 minutes
- Time Value of Money & Returns•30 minutes
Learn predictive modeling, simulation techniques, and probability fundamentals for risk assessment.
What's included
7 videos4 assignments
7 videos•Total 74 minutes
- Regression•10 minutes
- Simulation•11 minutes
- Simulation Continue•9 minutes
- More on Simulation•9 minutes
- Intro to Probability•11 minutes
- What is Probability•11 minutes
- Basic Concept•12 minutes
4 assignments•Total 60 minutes
- Regression and Simulation Techniques•10 minutes
- Advanced Simulation & Intro to Probability•10 minutes
- Probability Fundamentals•10 minutes
- Regression, Simulation & Probability Basics•30 minutes
Use probability concepts in practical scenarios to enhance decision-making under uncertainty.
What's included
8 videos4 assignments
8 videos•Total 92 minutes
- Example 1•12 minutes
- Example 2•13 minutes
- A Special Case•9 minutes
- Example-Toss a Fair Coin Twice•11 minutes
- The Low of Total Probability•15 minutes
- The Beta Distribution•10 minutes
- Example-Job Satisfaction•11 minutes
- Example-Toss Two Dice and Define•11 minutes
4 assignments•Total 60 minutes
- Probability Examples & Scenarios•10 minutes
- Probability in Experiments•10 minutes
- Real-World Probability Applications•10 minutes
- Probability Applications & Case Analysis•30 minutes
Understand probability distributions and hypothesis testing to validate financial assumptions and models.
What's included
11 videos4 assignments
11 videos•Total 110 minutes
- Business Research Methods•12 minutes
- Canonical Correlation•12 minutes
- Intro to Distribution•3 minutes
- Uniform Distribution•10 minutes
- Normal Distribution•9 minutes
- What is Random Variable•10 minutes
- The Simplest Model•11 minutes
- Convergence in Distribution•10 minutes
- Intro to Hypothesis•13 minutes
- Steps of Hypothesis Modelling•11 minutes
- Case Studies in Hypothesis•10 minutes
4 assignments•Total 60 minutes
- Research & Distribution Basics•10 minutes
- Probability Distributions & Variables•10 minutes
- Advanced Concepts & Hypothesis Testing•10 minutes
- Distributions & Hypothesis Testing•30 minutes
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