Risk Theory Course in Allahabad

Risk Theory Course in Allahabad

Henry Harvin® Ranks in Top 30 most Trusted Companies by Insight Success

  • ★ ★ ★ ★ ★ 4.8/5 Ratings
  • 1.1 Million Learners
  • 2154 Learner’s Rating
  • 81% Report Career Benefits

Learn risk theory from Henry Harvin® with the latest technology and other concepts | Hands-on probability theory and distribution with frequency distribution | Understand severity distribution like aggregate loss distributions and frequency distributions | Get exposure to real-time projects and industry challenges on ruin theory and many more

Starts In 4 day

13 May 2024

Learning Period

134 Hours

Book a Live Class, For Free!

svg-seat Limited seats left

By continuing you agree to Henry Harvin® Terms & conditions and Privacy Policy

Placed Learners

  • Image 4
  • Image 5
  • Image 6
  • Image 7
  • Image 8
  • Image 9
  • Image 10
  • Image 11
  • Image 12
  • Image 13
  • Image 14
  • Image 15
  • Image 16
  • Image 17
  • Image 18
  • Image 19
  • Image 20
  • Image 21
  • Image 22
  • Image 23
  • Image 24
  • placed-learner-1
  • placed-learner-2
  • placed-learner-3
  • placed-learner-4
  • placed-learner-5
  • placed-learner-6
  • placed-learner-7
  • placed-learner-8
  • placed-learner-9
  • placed-learner-10
  • placed-learner-11

There's a reason that 95% of our alumni undertake 3+ courses as a minimum with Henry Harvin®

Know the complete offerings of our Risk Theory Course in Allahabad

Key Highlights

images37
10 in 1 Course
images37
Industry-Validated Curriculum
images37
Top Notch Industry Professionals
images37
100% Practical Training
images37
24x7 Learner Assistance and Support
images37
1-year Gold Membership

Upcoming Cohorts

Our Placement Stats

97% images38

Average salary hike

2100+

Access the best jobs in industry

135% images39

Maximum salary hike

Access the best jobs in the industry

You Get 10-In-1 Program

Two-way Live Training Course

Two-way Live Online Interactive Classroom Sessions

 random imgee

Certification

Distinguish your profile with global credentials and showcase expertise with our Hallmark Completion certificate

 random imgee

Projects

Facility to undergo various projects along with the course.

random imgee

Guaranteed Internship

Get a guaranteed Internship with Henry Harvin® and in top MNCs like J.P. Morgan, Accenture & many more via Forage.

 random imgee

Placement

Get 3 in 1 Placement support through Placement Drives, Premium access to Job portal & Personalized Job Consulting

 random imgee

Student Engagement & Events

Free Access to #AskHenry Hackathons and Competitions & many other facilities from Henry Harvin®

 random imgee

Masterclass

Access to 52+ Masterclass Sessions for essential soft skill development

 random imgee

Membership

Get Free Gold Membership of Henry Harvin®

 random imgee

E-Learning Access

Free access to the E-learning Portal and future updates. Get access to PPTs, Projects, Quizzes, self-paced Video-based learning, a question bank, a library, practice tests, final assessment, a forum, and doubt sessions.

 random imgee

Entrepreneurship Mentorship

Mentorship from Young Successful Entrepreneurs to set up a sustainable & scalable Business from scratch at both Freelance and entrepreneur levels

 random imgee

About the Risk Theory Course

Risk Theory Course

The risk theory course offers the definition of risk and uncertainty, the importance of risk management, types of probability distributions, calculating probabilities of events in risk theory, and frequency distributions

9 in 1 Course

  • Training: 134 Hours of Two-Way Live Online Interactive Sessions
  • Projects: Facility to undergo projects in Frequency Distributions, Severity Distributions & more
  • Internship: Get Internship Support to gain experiential learning
  • Certification: Get course completion Certification Course in the Risk Theory from Henry Harvin® Govt of India recognized & Award-Winning Institute, and showcase expertise
  • Placement: 100% Placement Support for 1-Year post successful completion of the course
  • E-Learning: Free access to E-learning Portal and future updates
  • Masterclass: Access to 52+ Masterclass Sessions for essential soft skill development
  • Hackathons: Free Access to #AskHenry Hackathons and Competitions
  • Membership: 1-Year Gold Membership of Henry Harvin® Management Academy for the Risk Theory Course

Severity Distributions

  • Most respected industry experts with 14+ years of working experience and recognized by numerous organizations over the years for their work
  • They have delivered 350+ keynote classes for the Risk Theory Course
  • Have delivered 400+ lectures and are currently empaneled as domain experts with Henry Harvin® Management Academy

Alumni Status

Become a part of the Elite Management Academy of Henry Harvin® and join the 4,60,000+ large Alumni Network Worldwide.

Gold Membership Benefits

  • Avail 1-Year Gold Membership of Henry Harvin® Management Academy that includes E-Learning Access through recorded Videos, Games, Projects, CPDSPe Studies
  • Access to Masterclass Sessions
  • Earn the Prestigious Henry Harvin®️ Alumni Status and become one of the reputed 4,60,000+ Alumni across the globe.
  • Guaranteed Internship with Henry Harvin®️ or partner firms
  • Weekly 10+ job opportunities offered.
  • Experience Industry Projects during the training

Learning Benefits

  • Learn Probability Theory and Distributions 
  • Understand Frequency Distributions and Severity Distributions and their benefits
  • Ruin and Survival Probabilities and Calculating Probability of Ruin
  • Understand the concept of ruin and survival probabilities
  • Learn how to calculate the probability of ruin
  • Understand the impact of risk management on ruin probabilities
  • Analyzing changes and their impact on organizations
  • Dynamics to maximize the Stop Loss Reinsurance and Excess of Loss Reinsurance

Know the complete offerings of our Risk Theory Course in Allahabad

Risk Theory Course Curriculum

  • Module 1: Introduction to Risk Theory

    Define risk and uncertainty Understand the different types of risk Understand the importance of risk management
    • Definition of Risk and Uncertainty
    • Types of Risk
    • Importance of Risk Management
  • Module 2: Probability Theory and Distributions

    Understand probability theory and its applications in risk theory Understand the different types of probability distributions Learn to calculate probabilities of events in risk theory
    • Introduction to Probability Theory
    • Types of Probability Distributions
    • Calculating Probabilities of Events in Risk Theory
  • Module 3: Frequency Distributions and Severity Distributions

    Understand the concept of frequency and severity distributions Learn how to fit frequency and severity distributions to data Understand how to calculate aggregate loss distributions
    • Frequency Distributions
    • Severity Distributions
    • Aggregate Loss Distributions
  • Module 4: Ruin Theory

    Understand the concept of ruin and survival probabilities Learn how to calculate the probability of ruin Understand the impact of risk management on ruin probabilities
    • Ruin and Survival Probabilities
    • Calculating Probability of Ruin
    • Impact of Risk Management on Ruin Probabilities
  • Module 5: Stop Loss Reinsurance and Excess of Loss Reinsurance

    Understand the concepts of stop loss and excess of loss reinsurance Learn how to calculate the premiums and claims payments for these types of reinsurance Understand the advantages and disadvantages of each type of reinsurance
    • Stop Loss Reinsurance
    • Excess of Loss Reinsurance
    • Premiums and Claims Payments for Reinsurance
  • Module 6: Risk Measures

    Understand the different types of risk measures Learn how to calculate risk measures Understand the interpretation of risk measures in risk theory
    • Types of Risk Measures
    • Calculating Risk Measures
    • Interpretation of Risk Measures
  • Module 7: Credibility Theory

    Understand the concept of credibility theory Learn how to estimate claim reserves using credibility theory Understand the advantages and limitations of credibility theory
    • Introduction to Credibility Theory
    • Estimating Claim Reserves using Credibility Theory
    • Advantages and Limitations of Credibility Theory
  • Module 8: Large Claims and Stop Loss Insurance

    Understand the concept of large claims in insurance Learn how to model large claims and stop loss insurance Understand the impact of large claims and stop loss insurance on risk management
    • Large Claims in Insurance
    • Modeling Large Claims and Stop Loss Insurance
    • Impact on Risk Management
  • Module 9: Reinsurance

    Understand the concept of reinsurance Learn the different types of reinsurance and their applications Understand the advantages and disadvantages of reinsurance
    • Introduction to Reinsurance
    • Types of Reinsurance and their Applications
    • Advantages and Disadvantages of Reinsurance
  • Module 10: Copulas and Dependence Modeling

    Understand the concept of copulas and dependence modeling Learn how to use copulas to model dependence in risk theory Understand the limitations and challenges of copula
    • Introduction to Copulas and Dependence Modeling
  • Module 11: Aggregate Claims Distributions and Reinsurance

    Understand the concept of aggregate claims and its importance in risk theory. Describe the properties of aggregate claims distributions. Explain the role of reinsurance in managing aggregate claims risk.
    • Aggregate Claims Models
    • Aggregate Claims Distributions
    • Reinsurance: Types and Strategies
  • Module 12: Ruin Theory

    Understand the concept of ruin in risk theory. Describe the different models of ruin. Explain the role of risk management in preventing ruin.
    • The Classical Risk Model
    • The Sparre Andersen Model
    • Risk Management Strategies for Ruin Prevention
  • Module 13: Extreme Value Theory

    Understand the concept of extreme value theory in risk theory. Describe the different models of extreme value theory. Explain the applications of extreme value theory in risk management.
    • Introduction to Extreme Value Theory
    • The Generalized Pareto Distribution
    • Applications of Extreme Value Theory in Risk Management
  • Module 14: Copulas and Dependence Models

    Understand the concept of dependence models in risk theory. Describe the properties of copulas and their role in modeling dependence. Explain the applications of dependence models in risk management.
    • Introduction to Dependence Models
    • Copulas: Properties and Types
    • Applications of Dependence Models in Risk Management
  • Module 15: Stochastic Processes and Time Series Analysis

    Understand the concept of stochastic processes and their applications in risk theory. Describe the properties of different types of stochastic processes. Explain the applications of time series analysis in risk management.
    • Introduction to Stochastic Processes
    • Markov Chains
    • Time Series Analysis
  • Module 16: Simulation and Computational Methods in Risk Theory

    Understand the importance of simulation and computational methods in risk theory. Describe the different simulation and computational methods used in risk management. Explain the applications of simulation and computational methods in risk management.
    • Monte Carlo Simulation
    • Importance Sampling
    • Computational Methods for Risk Management
  • Module 17: Credibility Theory

    Understand the concept of credibility theory in risk theory. Describe the different models of credibility theory. Explain the applications of credibility theory in risk management.
    • Introduction to Credibility Theory
    • Buhlmann-Straub Model
    • Bayesian Credibility Models
  • Module 18: Loss Reserving

    Understand the concept of loss reserving in risk theory. Describe the different models of loss reserving. Explain the applications of loss reserving in risk management.
    • Introduction to Loss Reserving
    • Chain Ladder Method
    • Bornhuetter-Ferguson Method
  • Module 19: Non-Life Insurance Pricing

    Understand the concept of non-life insurance pricing in risk theory. Describe the different models of non-life insurance pricing. Explain the applications of non-life insurance pricing in risk management
    • Introduction to Non-Life Insurance Pricing
    • Frequency-Severity Modeling
    • Bayesian Pricing Models
  • Module 20: Emerging Trends in Risk Theory

    Understand the emerging trends and challenges in risk theory. Describe the impact of technology on risk management. Explain the role of mathematics in addressing emerging trends and challenges in risk management.
    • Emerging Trends and Challenges in Risk Theory
    • Impact of Technology on Risk Management
    • Role of Mathematics in Addressing Emerging Trends and Challenges in Risk Management
  • Module 21: Aggregate Claims Models

    Understand the concept of aggregate claims models. Be familiar with the Poisson and compound Poisson distributions. Be able to apply the aggregate claims models to insurance claims data.
    • Poisson Distribution
    • Compound Poisson Distribution
    • Application of Aggregate Claims Models
  • Module 22: Premium Calculation Principles

    Understand the concept of premium calculation. Be familiar with the different types of premiums. Be able to apply premium calculation principles to insurance products.
    • Types of Premiums
    • Premium Calculation Methods
    • Applications of Premium Calculation Principles
  • Module 23: Risk Measures and Solvency

    Understand the concept of risk measures and solvency. Be familiar with the different methods of risk measurement. Be able to analyze the solvency of an insurance company using risk measures.
    • Risk Measurement Methods
    • Solvency Regulation and Standards
    • Analysis of Solvency Using Risk Measures

Know the complete offerings of our Post Graduate Program in Risk Theory Course

Book a Live Class, For Free!

svg-seat Limited seats left

By continuing you agree to Henry Harvin® Terms & conditions and Privacy Policy

Skills Covered

Risk Solvency

Risk Theory

Risk Management

Loss Reserving

Credibility Theory

Stochastic Processes

Certifications

Get Ahead with Henry Harvin® Risk Theory Course in Allahabad Certification

What you'll Learn in this course

Earn your Certification

Post-successful completion of the course, earn Henry Harvin® Certification. You can post it on social media, get it framed, and increase your value in the industry.

Differentiate yourself with Henry Harvin®

The practical knowledge and actionable skillset you've gained working on projects, simulations, and case studies will set you ahead of the competition.

Share Your Achievement

Talk about it on LinkedIn, WhatsApp, Instagram, Facebook, and Twitter, boost your resume, or frame it - tell your friends and colleagues about it.

Training Certification

Get Course Completion Certification in Risk Theory Course from Henry Harvin®

Our courses and Course Certificates are trusted by these industry leaders

images68

Know more about the value of this certificate in the industry

Career Services By Henry Harvin®

Career Services
images53

Placement Drives

We are dedicated to supporting our students throughout their career journey. Join us, and let's embark on a journey towards a successful and fulfilling career together.

images54

Premium access to Henry Harvin® Job portal

Exclusive access to our dedicated job portal and apply for jobs. More than 2100+ hiring partners’ including top start–ups and product companies hiring our learners. Mentored support on job search and relevant jobs for your career growth.

images55

Personalized Job Consulting

Share what kind of job you are looking for and we will provide you with verified job openings that match your requirement.

Related Jobs

m

Popular Programs

PMP® Project Management Course
best seller pic1

4.6(4532 Ratings) 15232 Learners

Agile Project Management Course
best seller pic1

4.7(3492 Ratings) 13918 Learners

Product Management Course
best seller pic1

4.8(2921 Ratings) 8378 Learners

Design Thinking Course
best seller pic1

4.6(3675 Ratings) 12156 Learners

PMP® Plus Course
best seller pic1

4.7(7621 Ratings) 16289 Learners

PgMP® Program Management Course
best seller pic1

4.9(3634 Ratings) 9204 Learners

Enterprise Risk Management
best seller pic1

4.8(1245 Ratings) 28763 Learners

Facilitation Management Course
best seller pic1

4.6(1453 Ratings) 35227 Learners

Master Project Manager Course
best seller pic1

4.7(2851 Ratings) 40132 Learners

PRINCE2® Practitioner Course
best seller pic1

4.8(1649 Ratings) 18151 Learners

Strategy Consulting Course
best seller pic1

4.9(1026 Ratings) 4891 Learners

PRINCE2® Course
best seller pic1

4.9(1523 Ratings) 6729 Learners

PMI-RMP® Course
best seller pic1

4.8(1078 Ratings) 6729 Learners

PMI-ACP® Course
best seller pic1

4.9(2375 Ratings) 7295 Learners

PMI-PBA® Course
best seller pic1

4.9(2896 Ratings) 8278 Learners

Who We Are?

Henry Harvin®️ ranks amongst the Top 500 Global Edtech Companies with 4,60,000+ Alumni, 900+ B2B Clients, 500+ Award Winning Trainers, and 1200+ Courses.

460,000+

Trained

6,700+

Reviews with 4.5/5
rating

7,000+

Live Classes Every
Month

210+

Corporate Partners

180+

College Partners

87%

Reported Career
Benefits

Why Us?

Certified & Experienced Instructors

Learn More pic31

Gold Membership & Post Training Followups

Tailor Made Training

Flexible Schedule

Access to the Recorded Sessions

10 in 1 Program

Masterclasses By Henry Harvin®️

One-to-One Training

Awards

award award1 award33 award2

Henry Harvin® often makes the news

images70 images71 images72 images73 images74 images75

Excited to Learn?

Risk Theory Course in other cities

24x7 Helpline Need Advice! Talk to Expert talk to