(EnergyAsia, March 24, Monday) — The Oxford Princeton Programme will be offering a course on a new risk management tool, ‘Value-at-Risk: The Basics and Beyond’ in London on April 24 and in Singapore on May 22.

Value-at-Risk, a new benchmark for measuring and controlling market risk, is used by leading trading and marketing companies around the world to maximise profit opportunities and minimise mistakes. The programme will cover the important aspects of this risk management tool.

Topics that will be covered include types of risk, causes of financial risk, definition and history of value-at-risk, computing value-at-risk, converting the parameters, using it to establish trading limits and to measure trading performance, calculating risk across a portfolio, the three approaches for calculating value-at-risk, using implied volatility, verifying value-at-risk and the limitations and pitfalls of the tool.

The workshop is ideal for traders, support staff, risk managers and senior management as the information presented is applicable to any energy commodity.

Delegates should already have attended Princeton Energy Programme’s ‘Fundamentals of Energy Futures’, ‘Options I – Fundamentals of Energy Options’, and ‘Energy Risk Management’ or posess equivalent experience.

As part of the blended learning package, PrincetonLive.com’s ‘Understanding the Value at Risk Concept’, is recommended as pre-classroom study. Delegates are advised to take the online study as close to the classroom date as possible to optimise their classroom learning experience.

For more information, please contact Admin@EnergyAsia.com.