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Matt Baugh
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Decks in this class (57)
FMP1 - Banks
Identify major risks faced by ban...,
Distinguish between economic capi...,
Summarise basel committee regulat...
8
cards
FMP2 - Insurance Companies and Pension Plans
Describe the key features of the ...,
Describe the use of mortality tab...,
Distinguish between mortality ris...
8
cards
FMP3 - Fund Management
Differentiate among open end mutu...,
Identify and describe potential u...,
Explain the concept of net asset ...
7
cards
FMP4 - Introduction to Derivatives
Define derivatives describe featu...,
Describe specifics of exchange tr...,
Differentiate among options forwa...
6
cards
FMP5 - Exchanges and OTC Markets
Describe how exchanges can be use...,
Explain the developments in clear...,
Define netting and describe a net...
8
cards
FMP6 - Central Clearing
Provide examples of the mechanics...,
Describe the role of ccps and dis...,
Describe advantages and disadvant...
7
cards
FMP7 - Futures Markets
Define and describe the key featu...,
Explain the convergence of future...,
Describe the role of an exchange ...
8
cards
FMP8 - Using Futures for Hedging
Define and differentiate between ...,
Describe the arguments for and ag...,
Define and calculate the basis di...
8
cards
FMP9 - Foreign Exchange Markets
Explain and describe the mechanic...,
Calculate bid ask spread and expl...,
Compare outright forward and swap...
11
cards
FMP10 - Pricing Financial Forwards and Futures
Define and describe financial assets,
Define short selling and calculat...,
Calculate forward price given a s...
7
cards
FMP11 - Commodity Forwards and Futures
Explain key differences between c...,
Define and apply commodity concep...,
Identify factors that impact pric...
10
cards
FMP12 - Options Markets
Describe the various types and us...,
Explain the payoff function and c...,
Explain the specification of exch...
6
cards
FMP13 - Properties of Options
Identify six factors that affect ...,
Identify and compute upper and lo...,
Explain put call parity and apply...
4
cards
FMP14 - Trading Strategies
Explain the motivation to initiat...,
Describe principal protected note...,
Describe the use and calculate th...
4
cards
FMP15 - Exotic Options
Define and contrast exotic deriva...,
Explain how any derivative can be...,
Describe how standard american op...
6
cards
FMP16 - Properties of Interest Rates
Describe treasury rates libor sec...,
Calculate the value of an investm...,
Convert rates based on different ...
9
cards
FMP17 - Corporate Bonds
Describe features of bond trading...,
Describe bond indenture and expla...,
Define high yield bonds and descr...
9
cards
FMP18 - Mortgages and Mortgage-Backed Securities
Describe the various types of res...,
Calculate a fixed rate mortgage p...,
Summarise the securitisation proc...
9
cards
FMP19 - Interest Rate Futures
Identify the most commonly used d...,
Calculate the conversion of a dis...,
Explain and calculate a us treasu...
9
cards
FMP20 - Swaps
Explain the mechanics of a plain ...,
Explain how a plain interest rate...,
Describe the role of confirmation...
9
cards
VRM1 - Measures of Financial Risk
Describe the mean variance framew...,
Compare the normal distribution w...,
Define the var measure of risk de...
6
cards
VRM2 - Calculating and Applying VaR
Explain and gives examples of lin...,
Describe and explain the historic...,
Describe the delta normal approac...
7
cards
VRM3 - Measuring and Monitoring Volatility
Explain how asset returns tend to...,
Explain reason for fat tails in a...,
Distinguish between conditional a...
8
cards
VRM4 - External and Internal Credit Ratings
Define external rating scales the...,
Define conditional and unconditio...,
Define and use the hazard rate to...
6
cards
VRM5 - Country Risk: Determinants, Measures, and Implications
Explain how a country s position ...,
Evaluate composite measures of ri...,
Compare instances of sovereign de...
6
cards
VRM6 - Measuring Credit Risk
Describe how economic capital is ...,
Describe degree of dependence typ...,
Define and calculate the expected...
12
cards
VRM7 - Operational Risk
Describe the different categories...,
Compare basic indicator approach ...,
Describe the standardised measure...
9
cards
VRM8 - Stress Testing
Describe the rationale for the us...,
Explain key considerations and ch...,
Describe stressed var and es incl...
6
cards
VRM9 - Pricing Conventions, Discounting, and Arbitrage
Define the law of one price expla...,
Identify the components of a us t...,
Construct a replicating portfolio...
4
cards
VRM10 - Interest Rates
Calculate and interpret the impac...,
Define spot rate and compute disc...,
Interpret forward rates and compu...
8
cards
VRM11 - Bond Yields and Return Calculations
Distinguish between gross and net...,
Define interpret and apply a bond...,
Calculate the price of an annuity...
6
cards
VRM12 - Applying Duration, Convexity, and DV01
Describe the one factor interest ...,
Define and compute the dv01 of a ...,
Calculate the face amount require...
8
cards
VRM13 - Modelling Non-Parallel Term Structure Shifts and Hedging
Describe principal component anal...,
Define key rate exposures and kno...,
Describe key rate shift analysis
6
cards
VRM14 - Binomial Trees
Calculate the value of an america...,
Describe how the value calculated...,
Define and calculate the delta of...
4
cards
VRM15 - The Black-Scholes-Merton Model
Explain the lognormal property of...,
Compute the realised return and h...,
Compute the value of a eu option ...
5
cards
VRM16 - Option Sensitivity Measures: The "Greeks"
Describe and assess the risks ass...,
Describe the use of a stop loss h...,
Describe delta hedging for option...
9
cards
FRM1 - The Building Blocks of Risk Management
Explain the concept of risk and c...,
Evaluate compare and apply tools ...,
Distinguish between expected loss...
6
cards
FRM2 - How Do Firms Manage Financial Risk?
Compare different strategies a fi...,
Explain the relationship between ...,
Evaluate some advantages and disa...
5
cards
FRM3 - The Governance of Risk Management
Explain changes in regulations an...,
Describe best practices for the g...,
Explain the risk management role ...
6
cards
FRM4 - Credit Risk Transfer Mechanisms
Compare different types of credit...,
Explain different traditional app...,
Evaluate the role of credit deriv...
4
cards
FRM5 - Modern Portfolio Theory and Capital Asset Pricing Model
Explain modern portfolio theory a...,
Understand the derivation and com...,
Describe the assumptions underlyi...
7
cards
FRM6 - The Arbitrage Pricing Theory and Multifactor Models of Risk and Return
Explain arbitrage pricing theory ...,
Describe the inputs including fac...,
Calculate the expected return of ...
5
cards
FRM7 - Principles for Effective Data Aggregation and Risk Reporting
Explain the potential benefits of...,
Explain the challenges to the imp...,
Describe key governance principle...
4
cards
FMP8 - Enterprise Risk Management and Future Trends
Describe enterprise risk manageme...,
Describe the motivations for a fi...,
Explain best practices for the go...
6
cards
FMP9 - Learning from Financial Disasters
Analyse key factors that led to a...,
Analyse key factors that led to a...,
Analyse key factors that led to a...
9
cards
FMP10 - Anatomy of the Great Financial Crisis 2007-2009
Describe the historical backgroun...,
Describe the build up to the fina...,
Compare the roles of different ty...
5
cards
QA Chapters 1 - 3
Define conditional independence,
Describe four common population m...,
Distinguish key properties and id...
3
cards
QA4 - Multivariate Random Variables
Compute the marginal and conditio...,
Define covariance and explain wha...,
Explain the relationship between ...
5
cards
QA5 - Sample Moments
Explain the difference between a ...,
Describe the bias of an estimator...,
Explain what is meant by the stat...
6
cards
QA6 - Hypothesis Testing
Explain the difference between ty...,
Understand how a hypothesis test ...,
Explain what the p value of a hyp...
6
cards
QA7 - Linear Regression
Describe the models that can be e...,
Describe the models that can be e...,
Construct apply and interpret hyp...
3
cards
QA8 - Regression with Multiple Explanatory Variables
Distinguish between the relative ...,
Interpret regression coefficients...,
Interpret goodness of fit measure...
4
cards
QA9 - Regression Diagnostics
Explain how to test whether a reg...,
Describe approaches to using hete...,
Characterise multicollinearity an...
6
cards
QA10 - Stationary Time Series
Describe the requirements for a s...,
Describe the autocovariance funct...,
Define white noise and describe i...
11
cards
QA11 - Non-Stationary Time Series
Describe linear and nonlinear tim...,
Explain how to use regression ana...,
Describe a random walk and a unit...
6
cards
QA12 - Measuring Returns, Volatility, and Correlation
Calculate distinguish and convert...,
Describe how the first two moment...,
Explain how the jarque bera test ...
6
cards
QA13 - Simulation and Bootstrapping
Describe ways to reduce monte car...,
Describe the bootstrapping method...,
Describe pseudo random number gen...
5
cards
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frm part 1
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