FRM Part 2 - Book 2 - Credit Risk (Part 2/2)

FRM Course by Prof. James Forjan, PhD

James Forjan has taught graduate and post-graduate finance classes for over 25 years and has also co-authored college-level investment books. His resume includes:

• BS in Accounting

• Master of Science in Finance

• PhD in Finance (minor in Economics, two PhD level courses in Econometrics)

• Completed the CFA Program in 2004 and earned the CFA charter later that year

• College professor who taught at six institutions since classes such as Corporate Finance, Investments, Derivatives Securities, International Finance

In this course, Prof. James Forgan, PhD, summarizes the first 9 chapters from the Credit Risk book so you can learn or review all of the important concepts for your FRM part 2 exam.

This course includes the following chapters:

10. Netting, Compression, Resets, and Termination Features

11. Collateral

12. Credit Exposure and Funding

13. Counterparty Risk Intermediation

14. Credit and Debt Value Adjustment

15. Wrong-Way Risk

16. The Evolution of Stress Testing Counterparty Exposures

17. Credit Scoring and Retail Credit Risk Management

18. The Credit Transfer Markets – And Their Implications

19. An Introduction to Securitisation

20. Understanding the Securitization of Subprime Mortgage Credit