Financial Risk Management 1

Η Ενότητα "Financial Risk Management 1" είναι μέρος του εκπαιδευτικού προγράμμάτος "Certified Credit Risk Officer (C-CRRO)"


The purpose of the module is to cover the basic principles of financial risk management in today’s form. The objective is to equip the participants with the academic and professional background and decision-making tools that are necessary in corporate financial risk management. The course blends theory and practice with particular focus shed on day-to-day practical problems faced by firms’ executives. 

Σε ποιους απευθύνεται

  • Executives of all levels that wish to broaden their knowledge around financial risk management
  • Entrepreneurs
  • Professionals with a non-financial background including especially engineers and legal advisors
  • Business Management and Marketing Executives
  • Human Resources Management Professionals
  • Project Management Professionals
  • Internal Auditors


The Financial System
  • The structure of the financial system
  • Financial Markets and Financial Institutions
Bond valuation
  • How bond prices vary with interest rates
  • The term structure of interest rates
  • Corporate Bonds and the risk of Default
Initial Public Offerings and valuation
  • The mechanics of IPOs
Introduction to risk and return and estimating the cost of equity capital
  • Introduction to Risk and Return
  • Measuring and Calculating Portfolio Risk
  • Individual Securities Affecting Portfolio Risk
Net present value and other investment criteria
  • Payback
  • Internal Rate of Return
  • Choosing Capital Investments when resources are limited
Applying the investment criteria in corporate decision making
  • Making Investment Decisions with the Net Present Value Rule
  • Applying the NPV rule
The Weighted Average Cost of Capital
  • Calculating the WACC
  • The WACC in practice
Payout policy
  • Alternative payout methods
  • Payout taxes and signaling theory
Financial planning
  • Long term planning
  • Short term planning
  • Cash flow budgeting

Τι θα μάθεις

  • You will understand the basic principles in modern finance theory,
  • You will be able to implement theoretical knowledge and formulas in everyday managerial financial risk management problems,
  • You will apply acquired knowledge in setting out capital budgeting problems,
  • You will assist decision making with regard to investment and capital expenditure problems,
  • You will comprehend the implications of risk in capital markets,
  • You will assess and manage corporate payout policy and corporate capital structure.

Seminar Timetable

1st & 2nd Teaching Hour
3rd & 4th Teaching Hour
27th of September
10.30 - 12.00
12:00 - 12:15
12:15 - 13:45
1st of October
18:30 - 20:00
20:00 - 20:15
20:15 - 21:45

Course Start Date
27 of September 2024

Cost of Attendance

400 €
  • 8 Hours
  • Live Online
  • Attendance Certificate


Epameinondas <br/>Katsikas PhD, FHEA, CMBE
Katsikas PhD, FHEA, CMBE
Lecturer in Accounting at Kent Business School
Chris <br/>Grose PhD
Grose PhD
Assistant Professor in International Hellenic University