Tools to Mitigate Risk
Learn about derivatives techniques and the tools used to control interest rate risk, currency risk and equity risk. Students enrolled in the FRM will learn to manage and control risk through the use of over-the-counter and exchange-traded derivatives.
Learn About:
- Introduction to risk management and derivatives
- Equity, interest rate and currency markets
- Financial derivatives, including forwards, futures, swaps and options
- Identifying and measuring risks in financial markets
- Mitigating risks in financial markets using derivatives
What's Included:
- Financial Markets Risk Management textbook, with chapter summaries
- Academic support with access to CSI faculty and academic support specialists
- Online course updates
| Approximate Hours of Study** | |
|---|---|
| Hours of Study | 60 - 75 hours |
** In order to provide some guidance to course participants as to the length of time it will take to be sufficiently prepared to write the final examination, CSI has prepared this estimate of the number of hours an average participant could possibly expect to spend studying for a course. Please note that these are only recommended hours of study developed based on research and our course content, however, this does not mean that some students with exceptional backgrounds would not take less time than recommended or that students with no background at all in finance or economics would not take longer than the maximum.
| EXAM STRUCTURE (weightings are approximate) |
|
|---|---|
| Equity Markets | 15% |
| Equity Risk Management | 20% |
| The Interest Rate Market | 15% |
| Interest Rate Risk Management | 30% |
| The Foreign Exchange Market | 10% |
| Foreign Exchange Risk Management | 10% |
| EXAM FORMAT | |
|---|---|
| Exams | 1 |
| Exam Format | Paper Based |
| Exam Length | 2 Hours |
| Question Format | Multiple Choice |
| Questions Per Exam | 75 |
| Attempts Allowed Per Exam | 3* |
| Passing Grade | 60% (Per Exam) |
| Assignments | None |
| ENROLMENT PERIOD | |
|---|---|
| Enrolment Period | 1 year† |
*There is no charge for your first attempt at a paper-based exam within Canada, as long as it's at a regular exam center and you provide a minimum of 14 days notice before the date that you want to write the exam. If you would like to write a computer-based exam, an additional fee will be required.
Each subsequent paper-based exam attempt at a regular exam centre within Canada will also require an additional fee. This fee is in addition to any special, computer-based or international fees that may apply. You must provide a minimum of 14 days notice within Canada at a regular exam centre and 4 weeks notice for all other centres. Please note that the date of the exam is not part of any notice period.
†Please note: Access to your online materials will close 2 weeks after successful course completion or course expiry (whichever comes first). This course can be extended by 1 year provided you have not exceeded the attempts allowed for each exam. You can view CSI extension fees here. Your enrolment period can only be extended one time.
Important: During a student's enrolment period, CSI may update this course. In that case, details about the update and how it may affect students will be posted online via My CSI. Students are held responsible for and are examinable on the content in the course textbook(s) provided at the time of enrollment unless stated otherwise in My CSI. Students are encouraged to check My CSI regularly throughout their enrolment period.
Continuing Education (CE) Credits
Click the links below or the buttons at the top of the page on the right side to access CE accreditation information. To search for specific course information, press Ctrl + F and then enter the course name to search the document for the information you are interested in.
National/Provincial (Excluding Quebec)
Download CE Chart (PDF, 163 kb)
Quebec (IQPF/CSF)
Download IQPF/CSF Chart (PDF, 182 kb)
Please note: While CSI makes every effort to ensure that the information is up-to-date, we are unfortunately unable to fully guarantee its accuracy. The information listed in the charts above may be subject to change.
For details on the organizations and other information on CE Credits listed in the above charts, please click here.
This course is now eligible for CFA CE credits. CFA – Confirmation of CE Activities (PDF)
