Instructor Led Variance Training - Training Resources

Exotic Risk for Senior Managers Course Outline New market conditions have changed forever the way in which managers need to think about complex risk. In this course we look at lessons from the recent financial crisis and how to avoid explosions of risk from illiquid and complex products during times of financial stress. Lessons learned call for a re-assessment of tools available for the management of exotic risk. More than  more...

Property Derivatives Course Outline Terminology, procedures, models and applications related to the latest real-estate derivatives will be covered in this course. The first day is dedicated to forwards and futures and to the introduction of a new type of modelling based on mean-reverting models with nonlinear trend. Day two covers total return swaps and options pricing and risk calculations based on value-at-risk  more...

Asset Backed Securities Assessment and Management of Risk Course Outline This intensive and participative 2-day programme covers the key elements of asset-backed securities and in particular mortgage backed securities. Terminology, procedures, models and applications of ABS concepts will be included along with the latest products used for hedging the risks and for developing new markets. The first day will cover the risk factors, prepayment models  more...

Numerical Techniques 1 Monte Carlo Simulation ...on experience. Recent innovations are discussed including variance reduction techniques and quasi-random numbers to improve computational efficiency, using copulae for multi-variate problems, application of likelihood ratio methods to compute greeks, and methods for applying early exercise within a Monte Carlo framework. Theoretical concepts are demonstrated by practical applications to a range  more...

Engineering Statistics This short course covers all the usual topics in reliability and statistics and explains how the theory is applied in engineering. The actual evaluation of statistical formulas is done using programmable calculators, which simplify the process and save hours of tedious work  more...

Project Management ...a project's estimate at completion (EAC) Compute the variance at completion (VAC) To write closeout reports and terminate a project. Outline Unit 1: Fundamentals of project management Projects The project management process Unit 2: Characteristics of a project The project environment The project manager The project team Unit 3: Project  more...

Screening and Optimization Designs Target Audience This applied training session in statistics is aimed at all scientific staff collecting data and making decisions based on them. Aims It covers the design of efficient experiments requiring few runs for screening and optimization purposes. Prerequisites This three-day course deals with the construction of advanced designs for screening and optimization. It assumes  more...

Budgeting ...cover the key areas of developing a budget and evaluating variances. Participants will learn to fulfill the key budget management and administrative tasks necessary for an effective budget process. Topics include understanding the purpose value of establishing budgets; types of budgeting; roles and responsibilities in the budget process; budget planning and development; importance of  more...

Introduction a la planification d'exp riences Cette formation fait le tour des concepts fondamentaux en statistique d'une mani re non-technique et appliqu e. Cette formation couvre les aspects suivants: l'importance de reconna tre le type de variables (r le dans l'exp rience, les valeurs qu'elles prennent),les statistiques descriptives, comment mettre en relation des variables, la statistique inf rentielle (principe, ce qu'est une p-value,  more...

Introduction to the Design of Experiments This course covers the fundamental concepts in statistics in a non-technical and applied way. This session covers the fundamentals of statistics: the importance of recognizing the type of variables (role in the experiment and the values taken), descriptive statistics, relating variables, inferential statistics (mechanism, what is a p-value, the risks involved in statistical testing, confidence  more...

Advanced Experimental Designs This course covers the fundamental concepts in statistics in a non-technical and applied way. This session focuses on the design and the analysis of more complex experimental designs than those seen in the Introduction to the Design of Experiments course. These designs are used to account for different sources of experimental constraints such as material heterogeneity, physical constraints,  more...