| Programme Detail |
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FOR :
This programme is intended for senior managers who require a comprehensive understanding of the concepts and techniques of risk modeling, risk assessment, risk management and opportunity engineering.
OBJECTIVES :
Business organizations are impacted by risks of all kinds - market risk, manufacturing risk, new product or service introduction risk, project risks, risks arising from competitor activities, key personnel attrition risk, recruitment risk, legal risk, business disruption risk, IT-failure risk, country risk, default risk etc. Many of these risks can have severe negative impact on the business and may even threaten their existence. Risk assessment is therefore particularly important and it involves sophisticated modeling. Moreover, risk management and mitigation strategies critically depend on accurate risk assessment.
While the downside of risk often get greater management attention due to its potential for generating outcomes with severe negative consequences for the employees and management of a firm, the upside of risk is often ignored. The upside of risk can offer organizations unprecedented opportunities which if capitalized on can lead to great business success.
Senior managers working in modern business organizations therefore need to have a clear understanding of the various dimensions of risk, methods of risk modeling and risk assessment and techniques of risk management. They also need to be aware of the great opportunities thrown up by the upside of risk and the necessity to have a plan ready to capitalize on the same.
The objective of this programme is to provide senior managers of manufacturing and service organizations an in-depth understanding of the concepts and techniques of risk modeling, risk assessment, risk management and opportunity engineering.
CONTENTS :
1. Understanding Risk
2. Risk and Human Behaviour
3. Risk Measurement
4. Risk - Adjusted Valuation
5. Scenario Analysis
6. Decision Trees
7. Monte Carlo Simulation for Risk Assessment
8. Risk in Financial Markets
9. Portfolio Management
10. Value-at-Risk
11. Options and Risk Hedging
12. Credit Risk Modeling and Credit Scoring
13. Real Options
14. Opportunity Engineering
FEE :
To be announced
COORDINATOR :
Arnab Kumar Laha |
| About Organisation |
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Set up by the Government of India in collaboration with the Government of Gujarat and Indian industry as an autonomous institution in 1961. The Institute provides education, training, consulting, and research facilities in management. |
