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PRMIA 8003 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Market Risk | 23% | - Commodity and interest rate risk - Market risk governance - Trading book risk management - VaR and stress testing |
| ALM and Liquidity Risk | 8% | - Asset-Liability Management - Funds Transfer Pricing (FTP) - Liquidity risk measurement and management |
| Operational Risk | 16% | - Operational risk identification and assessment - Risk measurement and modeling - Risk mitigation and control - Basel requirements for operational risk |
| Counterparty Credit Risk | 8% | - Counterparty exposure measurement - Mitigation techniques - Credit Valuation Adjustment (CVA) |
| PRMIA Standards and Ethics | 5% | - Standards of Best Practice - Professional conduct and ethics |
| Credit Risk | 29% | - Credit portfolio management - Credit derivatives and securitization - Probability of Default (PD), LGD, EAD - Credit risk fundamentals and lifecycle |
| Risk Management Frameworks | 11% | - Risk governance and oversight - Economic capital and risk appetite - Capital adequacy and regulatory frameworks - Enterprise Risk Management (ERM) |



