Course Curriculum: CQRM Certification

E-books, modeling file downloads, and one-year software licenses are provided to support the 30 hands-on instructional videos (13 hours)

  • 1

    UNIT 1: COURSE INTRODUCTION (95 min)

    • Course Introduction and CQRM/IIPER Overview (23 min)

    • Introduction to Risk Simulator (45 min)

    • Applied Statistics, Decision Sciences, and Business Intelligence (20 min)

    • Real Options in a Nutshell (27 min)
  • 2

    UNIT 2: MONTE CARLO SIMULATION (90 min)

    • Monte Carlo Simulation Theory (20 min)

    • Monte Carlo Simulation Using Risk Simulator (25 min)

    • Distributional Moments (25 min)

    • Linear and Nonlinear Correlations with Correlated Simulation (20 min)
  • 3

    UNIT 3: DATA ANALYTICS (60 min)

    • Analytical Tools and Methods: Tornado, Scenario, Overlay, Dynamic Sensitivity, Structural Breaks (30 min)

    • Bootstrapping, Multidimensional Simulation, Correlation, Precision (30 min)
  • 4

    UNIT 4: OPTIMIZATION (50 min)

    • Optimization Theory and Application Overview (25 min)

    • Optimization Hands-on Modeling (25 min)
  • 5

    UNIT 5: FORECASTING (120 min)

    • Forecasting Theory: Autocorrelation, Heteroskedasticity, Micronumerosity, Multicollinearity, Seasonality, Sphericity (25 min)

    • Forecasting with Time-series Models, J-S Curves, Stochastic Processes (30 min)

    • Regression: Bivariate, Functional Forms, Multivariate, Stepwise and Others [2SLS, Logit, Probit, Tobit, Poisson, Ridge, Weighted] (35 min)

    • Other Advanced Forecasting Methods: ARIMA, Econometrics, GARCH, Cubic Spline, Limited Dependent Variables, and Stochastic Processes (30 min)
  • 6

    UNIT 6: REAL OPTIONS THEORY (95 min)

    • Introduction to Strategic Real Options (10 min)

    • Example Real Options Cases in Industry (30 min)

    • Risk Neutral Probability and the World of Binomials (25 min)

    • Manually Solving a American, European, and Bermudan Options and Using Real Options SLS Software (35 min)
  • 7

    UNIT 7: REAL OPTIONS APPLICATIONS (160 min)

    • Option to Abandon [Custom Option with Changing Inputs] (15 min)

    • Option to Expand [Optimal Trigger Values and Optimal Timing] (15 min)

    • Option to Contract [Optimal Timing] (10 min)

    • Option to Choose [Dominant and Dominated Options] (12 min)

    • Volatility Estimation: The Five Approaches (20 min)

    • Complex Sequential Compound Options: Multiphased Custom Options (19 min)

    • Barrier Options, Exotic Options, Trinomial, Quadranomial, and Pentanomial Lattices (25 min)

    • Case Study Applications in Integrated Risk Management and Strategic Real Options (37 min)
  • 8

    UNIT 8: CQRM REVIEW (90 min)

    • CQRM Certification Program Concept Review (Part 1) (30 min)

    • CQRM Certification Program Concept Review (Part 2) (30 min)

    • CQRM Certification Program Concept Review (Part 3) & Body of Knowledge Final Check Point (30 min)

Course Instructor

Dr. Johnathan Mun, Ph.D.

πŸ‘¨β€βš–β€Chairman of IIPER (USA), CEO of Real Options Valuation, Inc. (USA), Chairman of OSL Analytics Academy (UK)

πŸ› Professor at various universities globally and author of over 32 books and 13 patents. He is the founder, chairman, and CEO of Real Options Valuation, Inc. (ROV), a consulting, training, and software development firm specializing in strategic real options, financial valuation, Monte Carlo risk simulation, stochastic forecasting, optimization, decision analytics, business intelligence, healthcare analytics, enterprise risk management, project risk management, quantitative research methods, and risk analysis located in northern Silicon Valley, California. ROV has partners around the world including Argentina, Beijing, Chicago, China, Colombia, Ghana, Hong Kong, India, Italy, Japan, Malaysia, Mexico City, New York, Nigeria, Peru, Puerto Rico, Russia, Saudi Arabia, Shanghai, Singapore, Slovenia, South Africa, South Korea, Spain, United Kingdom, Venezuela, Zurich, and others. ROV also has a local office in Shanghai.

πŸ‘¨β€πŸŽ“ Ph.D. in Finance and Economics (Lehigh University, USA), MBA (Nova Southeastern University), BS in Physics and Biology (University of Miami).

πŸ‘¨β€πŸ« He taught and consulted on a variety of real options, risk analysis, financial forecasting, project management, and financial valuation issues for more than 100 multinational firms (current and former clients include 3M, Airbus, Boeing, BP, Chevron Texaco, Cubic, Financial Accounting Standards Board, Fujitsu, GE, Goodyear, Microsoft, Motorola, Northrop Grumman, Pfizer, Timken, U.S. Department of Defense, U.S. Navy, Veritas, and many others).

πŸ“š Research professor at the Naval Postgraduate School and visiting professor at various universities in Europe and USA.