Risk Modeling Fundamentals Course
This course provides a practical introduction to credit risk modeling for unsecured personal loans, covering key metrics, loan modeling, risk integration with pricing and P&L, portfolio analysis, benchmarking with US data, and stress testing techniques.

4 to 360 hours of flexible workload
certificate valid in your country
What Will I Learn?
The Fundamentals of Risk Modelling Course equips you with a straightforward, hands-on toolkit to measure and handle credit risk for unsecured personal loans. You will learn essential metrics such as PD, LGD, EAD, and expected loss, construct basic amortising loan models, and connect risk to pricing, margins, and profit and loss. Additionally, you will gain experience in portfolio aggregation, benchmarking using actual US data, stress testing, and crafting clear, justifiable assumptions and conclusions for decision-makers.
Elevify Advantages
Develop Skills
- Credit risk metrics: apply PD, LGD, EAD and EL to actual loan portfolios.
- Expected loss modelling: calculate loan and portfolio EL using neat, audit-ready tables.
- Pricing and P&L impact: connect expected loss to interest rates, margins, and break-even points.
- Stress testing skills: perform PD/LGD shocks, analyse results, and determine buffer sizes quickly.
- Data benchmarking: utilise US loan datasets to establish realistic PD, LGD, and rate assumptions.
Suggested Summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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