Financial Risk Management (FRM): Foundational FRM Principles (Udemy.com)
Minimize Financial Risks While Maximizing Financial Reward. + Financial Risk Management (FRM) Process Implementation.
Created by: Steve Ballinger, MBA
Last updated February 2026
What you will learn
- Identify financial risks an organization may face.
- Analyze in depth the risks that have been identified.
- Manage risk with the goal of possibly eliminating or at least reducing the risk exposure
- Have the foundational learning to start in case wish to take the rigorous FRM certification exam
Course Description
The key to organizational profitability is not only the rewards (Revenue & Profits) but also being able to Identify, Analyze, and Manage Risks. Without risk there is no reward.
That is where people trained in Financial Risk Management (FRM) are critical to an organizations success.
In about 2 hours, you will learn the foundational principles to make an impact on your organization and your career.
In the course we will be following a clear Financial Risk Management (FRM) Process of:
Identifying the financial risks the organization faces such as:
Market Risks
Credit Risks
Liquidity Risks
Currency Risks
Commodity Risks and more
Analyze those risks from a qualitative and quantitative standpoint so we can rank and prioritize them such as determining our:
Expected Losses
Unexpected Losses
Value at Risk (VaR) and more
How to manage financial risks we have identified and analyzed so we can:
Eliminate risks where possible
Mitigate our risk exposure
Use hedging techniques we will learn in the course and more
Course includes Case Study's and Activities where you get to decide a course of action you may take!
We will also review additional globally recognized certification programs such as the Financial Risk Manager (FRM) Certification and the Chartered Financial Analyst Certification in case you would like to continue your learning in more depth for these rigorous exams. This course will help with the foundational principles, particularly for the Financial Risk Manager (FRM) Certification.
The next step is to enroll in the course and let's get started!
Thanks.
Steve Ballinger
Instructor Details
- 4.5 Rating
3,019 Reviews
Steve Ballinger, MBA
A VIP Udemy Instructor Partner who has helped more than 1 million learners in 220+ countries build practical skills for work.
My focus is helping professionals use ChatGPT and AI with more confidence, clarity, and practical purpose. I’m also in the top 3% of ChatGPT users worldwide (According to OpenAI) which means I spend a lot of hands-on time testing what actually works in real use and not just chasing the latest AI hype.
Many people know AI is important, but they feel overwhelmed by the constant updates, confusing features, and pressure to keep up. They wonder: What should I actually use AI for? Am I prompting it correctly? How do I avoid generic answers? What is safe to put into AI? How do I avoid losing my own judgment?
That is where I can help.
My style is friendly, practical, and engaging. I like to make complex topics feel simple, useful, and even fun. Instead of flooding you with theory or buzzwords, I focus on real workplace problems turning scattered thoughts into useful next steps.
My courses are designed to be clear, practical, and easy to apply. Instead of overwhelming you with theory or technical jargon, I focus on examples, prompts, workflows, and step-by-step demonstrations you can actually use.
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Reviews
By Miguel Ángel Sánchez Zanjuampa on 8/20/2026
Sí, aunque tal vez me hubiera gustado que utilizara más recursos visuales como gráficas que complementen la información que está diciendo, para que veamos en "tiempo real" cómo es que un factor puede afectar a otro, de manera visual para complementar la información y ejemplificarla.
By Patrick Blattmann on 7/31/2026
A good high-level overview of Financial Risk Mgmt.. The lecturer is clearly enthusiastic about the topic but at times speaks too fast and hasty. It could be beneficial to extend the course by 30 - 60 minutes, take the speed down a notch and add some more details here and there.
By Moipone Palesa Molapo on 4/26/2026
I am enjoying it so far, surprised by the interactive AI chat and i am excited to learn more and dive deeper into complex topics.
By Layla Albabtain on 3/31/2026
The course is good. The instructor gave a lot of examples which was useful. I just wish there is few slides for each item in which provide a bullet points of what is being discussed for easier review later
By Elvis Pashi on 2/5/2026
Pour des claires explications
By Sherry McGinnis on 1/19/2026
It was a good course though the calculations scared me a bit. I wish I would have taken this course prior to my company going bankrupt. I could have put together some strategies to hedge the risk. Thank you!
By Khalid Albasrani on 12/19/2025
Excellent course. I would recommend updating the course and showing how to use AI to calculate VAR as an example.
By Jon Murphy on 11/10/2025
Steve Ballinger gave relevant and recent real-world examples that made the Financial Risk Management overview engaging and highly informative.
By C V K SAI JAGADISH on 10/23/2025
It really builds the good foundation as the course title suggests, top of that the creator also is pointing out the extra resources which one should use as a starting point and go deep into risk management profession.
By Anonymized User on 9/23/2025
It has equipped me with information on how market risks like interest risks, currency risks and commodity riks affects investors.
Quality Score
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Overall Score : 90 / 100












