Udemy
UdemyTheory of Credit Risk Models
4.7(524)3k studentsINTERMEDIATE
UdemyDesigned as a study supplement for actuarial exams (SP9/CM2/CP1), this course structures credit risk through eight parts: defining risk and its mathematical properties, recognizing credit risk, identifying its sources, learning assessment models, understanding the Merton Model and option pricing, portfolio and migration concepts, and risk management strategies.
It's theoretical—an introduction, not a replacement for exam prep—but the progression from foundations through advanced models gives you the conceptual scaffold you need to understand how credit risk is modeled in practice.
For the Actuarial Students
This course is designed for actuaries writing exam: SP9/CM2/CP1.
It is theoretical in nature and designed to introduce a student to the material.
It is not a substitute for studying, rather a supplement.
Introduction
Risk is defined as the consequences resulting from uncertainty.
Credit Risk is defined as when a third party doesn't meet their obligation.
Content
Part 1 is an introduction to Risk and looks at the mathematical properties of risk measures.
Part 2 is about being aware of Credit Risk
Part 3 is about identifying Credit Risk and its sources of uncertainty.
Part 4 is about the models used to assess Credit Risk.
Part 5 is about the Merton Model with an introduction to Option Pricing.
Part 6 is about Migration and Portfolio Models
Part 7 is about managing Credit Risk and goes beyond just using collateral.
Part 8 is an Appendix for the Jarrow-Turnbull Model (Stochastic & Markov Processes)
Price
No active coupon right now
View Course →No coupon right now. We'll tell you when there is one.
Advertisement
More in Finance & Accounting
Not the best price we've seen. The lowest we've recorded is $11.99 on 3 Aug.
This is what we recorded in US pricing — not every price this course has ever had, and prices differ by country.