Executive Education

• CRM: Credit Risk Pricing and Management (co-taught with Darrell Duffie)

Stanford's executive program on Credit Risk Modeling for Financial Institutions (CRM) focuses on the measurement, management, and market valuation of credit risk for financial institutions.  Taught by world-renowned Stanford Business School faculty who are doing leading research in this area, this program offers professionals extensive insights and critical perspectives on:

• The historical behavior of default, recovery, ratings transmission rates, and approaches to modeling these factors
• The conceptual and practical strengths and weaknesses of alternative formulations of credit pricing and risk models
• Approaches to capturing correlated defaults in portfolio risk systems, and to integrating market and credit risk measurement
• Assessments of the most likely sources of undesired "surprises" in the performance of alternative credit risk-management frameworks.