model-risk

Learning objectives: Describe model risk and explain how model risk can arise in the implementation of a model. Describe elements of an effective process to manage model risk. Explain best practices for the development and implementation of a model. Describe elements of a strong model validation...

Learning objectives: Analyze the key factors that led to and derive the lessons learned from case studies involving the following risk factors: Model risk, including the Niederhoffer case, Long Term Capital Management and the London Whale case; Rogue trading and misleading reporting, including...

Concept: These on-line quiz questions are not specifically linked to learning objectives, but are instead based on recent sample questions. The difficulty level is a notch, or two notches, easier than bionicturtle.com's typical question such that the intended difficulty level is nearer to an...