Essential MOOCs In Business For March

An Introduction to Credit Risk Management

School:  Delft University of Technology

Platform: EdX

Registration Link:  An Introduction to Credit Risk Management

Start Date: March, 2015 (8 Weeks)

Workload: 6 Hours Per Week

Instructor: Pasquale Cirillo

Credentials:  Dr. Cirillo, who speaks five languages, is the assistant professor of applied probability at TU Delft, where he also oversees the financial engineering specialization for the master of applied mathematics. He currently teaches courses in financial mathematics, credit risk, modeling and simulation, and calculus. He holds a Ph.D. in statistics from Italy’s Bocconi University. He has been published in several international peer-reviewed journals.

Graded: Student will receive a certificate of achievement for producing a passing grade.

Description: In the financial crisis’ aftermath, many institutions are more cautious about where to lend money. Regulations have been tightened as banks are cleaning up their portfolios. This course, which is designed to bridge theory with practical application, introduces students to risk modeling – and how to assess, neutralize and hedge risk. While the course views risk from a commercial banking standpoint, it also applies an unconventional methodology where it evaluates each model’s strengths and weaknesses.

Review: “I have seen most of the materials before, but it was explained exceptionally well. Furthermore, the exercises are spot on and really add to the understanding of the material. Highly recommended if you work in asset pricing.” For additional reviews, click here.