About Course
This module provides an in-depth exploration of advanced operational risk modeling techniques and scenario analysis approaches. Learners will understand how to quantify risks using various statistical and analytical methods, apply scenario-based evaluations to anticipate and manage potential operational disruptions, and effectively incorporate modeling results into comprehensive risk mitigation plans. Practical examples and case studies will guide learners in applying these strategies to real-world organizational contexts.
Course Content
Overview of Risk Quantification Techniques
-
Defining operational risk quantification and its importance
-
Techniques including Loss Distribution Approach (LDA), Monte Carlo simulations, and Value at Risk (VaR)
-
Practical example
Scenario Analysis and Stress Testing Methodologies
Integrating Modeling Outputs into Risk Mitigation Planning
Student Ratings & Reviews
No Review Yet
