Frm part1 요약 정리본

Part 1
1. The building blocks of risk management
2. How do firms manage financial risk
3. Credit risk transfer mechanism
4. Modern portfolio theory(MPT) and Capital asset pricing model(CAPM)
5. Risk data aggregation and reporting principles
6. Enterprise risk management and future trends
7. Learning from financial disasters
8. Anatomy of the great financial crisis of 2007-09
9. GARP code of conduct

Part 2
1. Fundamentals of probabilities
2. Random variables
3. Common univariable random variables
4. Multivariable PMF and CDF
5. Sample moments
6. Hypothesis testing
7. Linear regression
8. Regression with multiple explanatory variables
9. Regression diagnostics
10. Stationary time series
11. Non stationary time series
12. Measuring return, volatility, correction
13. Simulation and bootstrapping
14. Banks
15. Insurance companies and pension plans
16. Fund management
17. Introduction to derivatives
18. Exchanges, OTC, derivatives, DPCs, SPVs
19. Central clearing
20. Future markets
21. Hedging strategies using futures
22. Foreign exchange market
23. Pricing financial forwards and futures
24. Commodity forwards and futures
25. Options market
26. Properties of options
27. Trading strategies
28. Exotic options
29. Properties of interest rates
30. Corporate bond
31. Mortgages and mortgage-backed securities
32. Interest rate futures
33. SWAPs
34. Measures of financial risk
35. Calculating and applying VaR
36. Measuring and monitoring volatility
37. External and internal ratings
38. Country risk
39. Measuring credit risk
40. Operational risk
41. Stress testing
42. Prices, discount factors
43. Interest rates
44. Bond yields and return calculation
45. Applying duration, convexity, DV01
46. Modeling and hedging non-parallel term structure shifts
47. Binominal trees
48. BSM model
49. The Greeks
50. From efficient frontier➙CAL➙SML
51. Beta and CAPM
52. Ratios
53. Portfolio return and variance
54. Covariance vs correction
55. Bond valuation
56. Spot rate vs forward rate
57. Demystifying forward rate agreements
58. Hyperthesis testing
59. Factors affecting option values
60. Binominal option pricing model