Financial Risk Management

Learn the fundamentals of financial risk management

This course covers the fundamentals of financial risk management, with a focus on practical implementation and application. It will focus on variety of risks that financial managers face and the tools available for managing them. Particularly, we shall focus on credit risk, interest rate, foreign exchange risk, and operational risk.

Extreme market events are a key risk management concern, especially in the aftermath of the global financial crisis and the many unresolved issues it presented. We will be investigating some of the biggest financial shocks through case studies and solve these cases by applying the concepts acquired in this course.

The course seeks to explain what risk and risk management means in a corporate setting, common methods for managing and measuring risk and developing a risk management strategy.

Students attending this course are expected to have a basic knowledge of finance and accounting. This course is aimed at those who want to understand the essentials of risk management. Please note that this course does not serve as a preparation for the FRM exams.

After finishing this course, students will be able to:

  • Distinguish between risk, uncertainty, and randomness
  • Distinguish between risk management and risk measurement
  • Understand the importance of risk governance
  • Describe risk budgeting and understand its role in risk governance
  • Realize the importance of managing people, processes, technology, and organizational structure for effective risk management
  • Recognize the difference between idiosyncratic and systematic risks
  • Define, classify, and distinguish between financial risks
  • Identify and understand the principles of credit, foreign exchange, interest rate, and operational risk
  • Recognize probability, standard deviation, Value-at-Risk (VaR), and scenario analysis/stress testing as risk measurement metrics
  • Distinguish between risk prevention and avoidance
  • Define and apply the concepts of self-insurance, risk shifting, and risk transfer
  • Realize insurance as a way to transfer risks
  • Recognize outsourcing and derivatives as two ways of shifting risk.

Course Format

  • This is a video-led course. You can preview some videos below.
  • This course includes practice exercises.
  • This course is aimed at PC Excel users.

Course Certificate Included

This course includes an optional online quiz that will generate a course certificate upon completion.

14-Day Guarantee

We offer an unconditional, 14-day, full money-back guarantee, no questions asked. This is our way of ensuring you have complete confidence in your Stream Skill purchase. If you don’t learn, you don’t pay.

Why Trust Us?

Stream Skill is part of the Simon Sez IT family and has been in business 14+ years and taught over 1 million students in that time. We’ve created over 130 software training courses, 8,000+ video tutorials, and we’ve helped thousands of people across the world learn how to use Microsoft Office. We’ve now created Microsoft Excel courses for the last five versions and continue to help people get to grips with this essential tool.


Your Instructor


Simon Sez IT
Simon Sez IT
Simon Sez IT makes business and technical software simple to learn.

Our most important goal is to help learners build and strengthen your software skills. We focus on simplicity but explain things in the detail they deserve. Simon Sez IT subject matter experts bring passion, knowledge and practical insights to video-based courses and practice exercises – all designed to help learners immediately apply your new knowledge and master your learning goals.

This is why more than a million learners have relied on Simon Sez IT since 2008.

Course Curriculum


  Section 1: Course Introduction
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  Section 2: Managing and Measuring Risk
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  Section 3: Developing a Risk Management Strategy
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Frequently Asked Questions


When does the course start and finish?
The course starts now and never ends! It is a completely self-paced online course - you decide when you start and when you finish.
How long do I have access to the course?
How does lifetime access sound? After enrolling, you have unlimited access to this course for as long as you like - across any and all devices you own.
What if I am unhappy with the course?
We would never want you to be unhappy! If you are unsatisfied with your purchase, contact us in the first 14 days and we will give you a full refund.
Can I try a course I'm interested in before I purchase a course or membership?
Absolutely. The first set of videos for each course is free. Our thinking is that this allows you to hear the teacher's voice and see the visuals. To watch a free video, just click onto the course of interest. Then click the video lesson that has the “Preview" button.
What if I have questions or problems while I'm watching my tutorial?
Should you have any problems using the system, we offer free technical support to customers. Just send an email to [email protected] and we will respond promptly.
Can I get my money back if I'm not satisfied?
We offer an unconditional 14-day full money back guarantee – with no questions asked. As a result, you can rest assured that you can make your purchase in complete confidence. Our motto is “If you don't learn, you don't pay." Thanks to our 14 days risk-free offer, you can test-drive a course and make sure it's what you had in mind. We are committed to your total satisfaction!
If I register for a monthly or annual membership, will my credit card get charged automatically at the end of each pay period?
If you sign up for a monthly or annual membership, your subscription will renew automatically. Customers are welcome to cancel their recurring subscription at any time.
Will your videos work with Mac computers?
All of our courses are compatible with both Windows (PC) and Mac computers.
Will your videos work with iPhone, iPads, and Android devices?
All of our courses are compatible with iPhones and iPads and most Android devices. If you are looking to confirm that it works for you, feel free to view the free preview videos offered for each course.
Can I view your online training from any computer?
Any computer or mobile device with an Internet connection can be used for our online training courses.
Do you offer any online quizzes or testing tools?
We offer online testing for over 90% of our courses. Testing is also available with our newly published courses. The course tests can be simply used as testing tools or to earn a Certificate of Completion for a given course. The Certificate of Completion can be earned with a passing grade of 70%.
Do you offer Certificates of Completion?
We offer Certificates of Completion for courses and Test Certificates on courses that offer an online quiz (currently over 80% of our courses). The Certificates of Completion are automatically generated when you complete a course, and the Test Certificates are offered as part of the online test/quiz, which accompanies the course. You will need a passing grade of 70% in order to receive a Certificate. The quizzes are based solely on course content.
Do you offer discounts for non-profits or educational institutions?
Yes, we offer 20% off discounts to non-profit, educational, and government agencies. Contact [email protected] for more information.
Where is Simon Sez IT located?
Simon Sez IT is located in sunny Florida, USA.
How long have you been in business?
We started our company in 2008 with our first course for Excel 2007. Since that time, our company has published over 140 courses. Our training is used in over 180 countries worldwide.
How do I update my name, password, email address and credit card?
Your account includes an account profile. You can edit your profile which includes the option to update your name, email address and password. You can also manage your subscriptions, in addition to adding or updating your credit card information. To access your profile, click on the photo or icon in the upper right hand corner. Then click the “Edit Profile" link. Once you've made changes to your profile, click on the “Update Profile" button to save these changes. You can watch the how to video and other videos here: http://streamskill.com/courses/getting-started-at-...
How do I update or add a new credit card to my account?
You can update your credit card information directly from your profile. You can also click on your account in the upper right corner and then click on “Add / Change Credit Card". Once you are finished making any updates, click on the “Update Credit Card" button to save these changes. You can watch the how to video and other videos here: http://streamskill.com/courses/getting-started-at-...

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