Summing up and what next?
Over the last four weeks we’ve had a look at many components of risk management.
You can distinguish specific from systemic risk. You can diversify your investments into umbrellas and ice-cream. You know your futures from your forwards. And if anyone mentions Value-at-Risk, you know to ask about fat tails.
Now that you have finished this course, you have a better understanding of financial markets and the role risk management tools play in the global economy.
With the help of other learners, we hope you have come to better appreciate the complexities in managing risk, and you can see how firms apply the principles of risk management to control their own risk; how financial companies manage portfolios of investments; and how complex financial institutions disperse and manage risk in an increasingly challenging and connected world. The global economic and political environment is ever-changing, and we encourage you to keep your eye on the financial news to apply what you have learnt, and to see how these challenges play out.
Above all, we would like to thank you for participating in the course. We hope you enjoyed it. Please do let us know what you thought of the course by completing the post-course survey.
Take your learning further
Now you have studied the returns on bonds and shares, perhaps you would like to learn more about how firms decide their capital structure and their dividend policy. In the Capital Asset Pricing Model, how do we actually estimate a company’s beta, and the market risk premium? Our course introduced options and option pricing, and perhaps you would like to learn more about options strategies. Or perhaps you are wondering how a central bank can influence the long-term investment decisions of firms, when it can directly control only very short-term interest rates.
If you want to know more about studying with us, register your interest here.
Want a certificate?
Don’t forget, if you’ve completed the majority of steps on the course, you will be eligible to purchase a Certificate of Achievement which comes in both digital and printed form. This is a great way to show your interest in the subject, your commitment to your career, or as evidence of Continuing Professional Development (CPD).
Thanks again for joining us.