Finance Foundations: Risk Management

LinkedIn Learning Review
Location
Online(Course Link)
Dates
On Demand
Course Categories
Business and Management
Certficate
Yes()
Language
English
Course Fees
US Dollar 15.94 (Check Course Page for Last Price)No. of Attendant
Unlimited
Acquired Skills/Covered Subjects
- Recognize examples of four types of commodities.,Explain the difference between direct and indirect risks.,Define strike price.,Recall the name of the U.S. central bank.
Provider Name | LinkedIn Learning |
---|---|
Training Areas |
|
Website | https://www.linkedin.com/learning/ |
About The Provider |
LinkedIn Learning is an American website offering video courses taught by industry experts in software, creative, and business skills. It is a subsidiary of LinkedIn. It was founded in 1995 by Lynda Weinman as Lynda.com before being acquired by LinkedIn in 2015.Microsoft acquired LinkedIn in December 2016. |
Risk isn't something we usually think about until it's too late. Financial risk management allows you to prepare for the worst before things go bad. It's the process of identifying, measuring, owning, addressing, and monitoring downside risks—from possible legal and regulatory judgements to an injured reputation. If you want to set up a risk management program at your organization, or simply be able to recognize and manage risk better, this course is for you. This course looks closely at currency risk, commodity risk, interest rate risk, and other important risk topics.
Jason Schenker of Prestige Economics discusses nine types of corporate risk, including financial and nonfinancial risks. He explains the difference between direct risks that companies face constantly, as well as indirect risks that usually come from vendors, competitors, and counterparties. Then he covers how risks are typically resolved, either by elimination (divestiture or acquisition), transfer (hedging or insuring), offset (creating a natural hedge), or ownership (keeping the exposure). Finally, he reviews how corporations can actively measure and monitor risk by appointing dedicated risk managers, officers, and committees.