Value at Risk
The seminar Value at Risk is organized as an open seminar for employees from different institutions and also as an inhouse seminar organized for employees of clients with tailor made requirements.
Objectives of the seminar
The seminar describes in detail the methodology ‘Value at Risk’ including alternative calculations (historical simulation, covariance matrix method and the Monte Carlo simulation). The seminar also addresses the back testing of Value at Risk. In addition, participants will be introduced to other, less frequent risks rates (Expected Shortfall, Cash Flow at Risk, Profit at Risk). Given the fact that Value at Risk need not always be the relevant risk rate, participants will be introduced to sensitivity analysis and stress testing.
For whom it is intended
The seminar is designed for experts who work with the quantification of
financial risks in both financial institutions and manufacturing companies.
Seminar content
 Distribution of random variable

Definition and usage of Value at Risk (VAR)

Calculation methods of Value at Risk
 Back testing

Stress testing
 Other measures of risk
 Coherent measures of risk

Other applications of Value at risk
Currently no open seminar is organized. If you are interested in this topic please
contact us and we will be delighted to prepare an inhouse seminar for you.
Software
Our company developed specialized software CADCalc^{®}
Market for effective market risk management.