Fundamentals of Credit Risk (FRM Part 2 – Book 2 – Credit Risk Measurement and Management – Ch 1)
Master the Fundamentals of Credit Risk in FRM Part 2 (Book 2 – Credit Risk Measurement and Management, Ch 1). In this video, Professor James Forjan, PhD, explains the foundations of credit risk, including how to define, measure, and manage it for the FRM exam.
You’ll learn:
How to identify and explain credit risk using real-world examples
The differences between insolvency, default, and bankruptcy
Key transactions that generate credit risk (loans, leasing, receivables, derivatives)
How entities like banks, corporations, hedge funds, and insurance companies are exposed to credit risk
Why proper credit risk management is essential for sustainable returns
Perfect for FRM candidates preparing for the GARP exam, finance professionals, and anyone interested in advanced risk management.
#FRM #CreditRisk #FRMExam #FinancialRiskManager #GARP