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Fall Update

At SPS this fall, all courses, other than pre-established online courses, will be offered face-to-face in our New York City classrooms. Some of these face-to-face courses will be offered in the HyFlex format to ensure that all of our students can make progress toward their degree requirements, if faced with delays due to student visas or vaccination effectiveness wait times.
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Introduction to Quantitative Risk Management (iQRM) seminars, presented by the ERM Program

Summer-IQRM-banner

The Introduction to Quantitative Risk Management (iQRM) seminars tours the material and cases that appear in our iQRM class. This allows beginners to get a preview of the class content and advanced quantitative students can see the applications of the tools presented and prepare to test out of the iQRM class by taking the iQRM waiver exam. Enrolled students are also welcome to attend to get a refresher.

How To Join a Session

Click on the Join a Session button at 8:00 am ET on the day of your desired workshop. Each workshop ends at 9:30 am ET.

Workshops

July 31 | 8:00 am to 9:30 am ET

Matrix Algebra

Risk and life comes in systems. What is the variance of multiple risks? What is the variance of a portfolio? Matrix Algebra is the mathematics of systems. In this system we explore the basics of matrix algebra as applied to portfolio risk.

August 7 | 8:00 am to 9:30 am ET

Parameter & Process Risk

The terms Parameter risk and Process risk refer to the variability in forecasts that comes from the model itself versus the variability that comes from the process we are modeling. We show how bootstrapping and refitting are used to measure the variability of any model.

August 14 | 8:00 am to 9:30 am ET

Review

We review major threads that run through the material such as the construction of distributions and their use in hypothesis testing, differential calculus and the construction of linear and logistic regression, matrix algebra and the modeling of systems.