• Overview
• Objectives
• Profiles
• Learning Experience
• Faculty
• Dates & Fees

An integrated perspective on risk governance and long-term value creation

A major lesson of the global crisis is the imperative need for sound and comprehensive risk governance. Board members and senior executives of banks need to have an integrated view of risk control and value creation. They must be clear on how risk categories interact and impact economic capital allocation and the value of the business; and assess how re-regulation and, Basel 3, will impact the banking industry. In fact, any senior executive working in a business exposed to market, credit, operational or strategic risk, or to the growing concerns of liquidity, reputation and franchise risk should have a knowledge-based overview of risk management. 

The Risk Management in Banking programme gives you a broad overview of risk governance. Whatever your background, you will benefit from the inclusive, non-technical approach, and feel comfortable learning within an environment more similar to that of a professional workshop. 

Key Benefits

• Expand your understanding of the broader context behind analytical models and approaches to risk in banking
• Draw lessons from the economic downturn as they relate to liquidity risks, fund transfer pricing, the future of capital regulation and performance–related pay
• Draw recent results from psychology on behavioural risk
• Discuss risk governance in banking
   

A view from INSEAD on:

• Banking Strategies and Risk Management
• Bank Regulations
• Judging and Managing Risk in Banking: Getting the Whole Picture at INSEAD

Featured articles

Fund Transfer Pricing for Deposits and Loans, Foundation and Advanced
(12 October 2011)
By Jean Dermine, Professor of Banking and Finance
Click here to read the working paper.

Economia deverá sofrer novo choque nos próximos anos
(Brazil Economico - 21 October 2010 - non English)
Jean Dermine, Professor of Banking and Finance, examines the current complexity of the markets as a result of economic cycles. The economy will suffer another shock in the coming years, he says. Click here to read the article.
 
A view from INSEAD on...banking regulations
(September 2012)
By Jean Dermine, Professor of Banking and Finance
Click here to read the article. 

Bank Regulations after the Global Financial Crisis: Good Intentions and Unintended Evil
(March 2013)
By Jean Dermine, Professor of Banking and Finance
Click here to read the article.

The Risk Management in Banking programme draws on more than 25 years of research organised by the Centre of International Financial Services, a partnership launched in 1987 between selected financial institutions and INSEAD. The programme uses lectures, discussion and work group to develop participants’ risk management skills in the following areas:

1. Risk governance
2. Credit risk
3. Liquidity and market risks
4. Operational risk

The ALCO Challenge

The ALCO Challenge is a computer simulation designed at INSEAD. It recreates an international banking environment, allowing participants to perfect their skills in value creation and risk control. Participants perform the simulation in teams, each team forming an Asset-Liability Committee. The ALCO Challenge incorporates the latest financial techniques in profitability and risk management. It is entirely accurate, taking into account the effects of taxation and Basel 3 capital and liquidity regulations.

The educational objectives of the ALCO Challenge are fivefold:

• Value Creation
• Strategic Pricing
• Risk Management
• Negotiation
• Team Work

Since this programme is aimed an a holistic view of risk control in financial services firms, the target audience is senior bank executives or board members concerned with risk governance and their overall management, and senior bankers in various functional areas who need to inform themselves about the process of risk control.

“The scope of the programme is appealing, and it covers most of the hot issues. This experience at INSEAD is an important building block in general banking education.”

Vice President
ABN AMRO
The Netherlands

“This programme gives a good overview and insight on asset liability management and risk definitions. On the practical side, I very much appreciated the ALCO challenge simulation.”

Member of the Board of Directors
Bank Sarasin and Cie
Switzerland

Great minds don’t think alike

INSEAD’s professors represent many cultures, disciplines, and perspectives. Led by acknowledged world experts in their own particular fields, programme faculty remain intimately close to business and most are engaged in cross-disciplinary research*.

	Jean Dermine Programme Director Professor of Banking and Finance Jean Dermine is Docteur es Sciences Economiques from the Université Catholique de Louvain and Master of Business Administration from Cornell University. Author of numerous articles on Asset & Liability Management, European Financial Markets, and the Theory of Banking, Jean Dermine has published five books. Read more... To learn more about his new book Bank Valuation and Value-based Management, click here
	Enrico Diecidue Associate Professor of Decision Sciences		Antonio Fatas Professor of Economics The Portuguese Council Chaired Professor of European Studies
	Lucie Tepla Affiliate Professor of Finance

*programme faculty may change

Dates & Fees

This programme is eligible for the INSEAD Executive Certificate in Global Management.

Please click here for more information about the terms and conditions.

For full details on how to apply, accommodation, and cancellation conditions please visit the Practical Information page

* Fee subject to change. For programmes delivered in France, VAT (19.6%) to be added for companies based in France, or for European companies where no VAT number is supplied. For programmes delivered in Singapore, GST (7%) to be added for Singapore-registered companies.