Risk Management and Position Construction – Curriculum
Curriculum Orientation
The curriculum develops institutional approaches to risk management and position construction. Instruction focuses on how professional market participants define risk, size exposure, and control downside using disciplined frameworks rather than intuition, emotion, or outcome driven behavior.
The course is designed for individuals seeking to replace inconsistent or loss driven trading habits with structured, professional grade risk discipline as a prerequisite for portfolio level decision making and execution.
Curriculum Structure
The curriculum is delivered online through a structured sequence of six modules. Modules progress from institutional risk concepts to applied position construction and exposure management. The course establishes core risk discipline without overlapping with subsequent coursework in portfolio structure or trade execution.
Curriculum Modules
Module 1
- Institutional definition of risk
- Risk versus uncertainty
- Why professionals prioritize downside control
- Common retail misconceptions about risk
Module 2
- Risk measurement concepts
- Volatility, drawdowns, and loss distribution
- Trade level versus portfolio level risk
- Context dependent risk assessment
Module 3
- Position sizing frameworks
- Capital allocation at the trade level
- Risk asymmetry and expectancy
- Sizing relative to uncertainty and market structure
Module 4
- Defining trade invalidation
- Stop placement and risk containment
- Avoiding emotional and reactive sizing decisions
- Consistency versus conviction based exposure
Module 5
- Risk aggregation across multiple trades
- Correlation awareness at the trade level
- Avoiding hidden concentration
- Maintaining exposure discipline during drawdowns
Module 6
- Institutional risk mindset
- Process driven risk decisions
- Separating execution outcomes from risk quality
- Preparation for portfolio structure and execution coursework
Assessment Orientation
Evaluation is based on structured risk analysis exercises and position construction scenarios. Assessment emphasizes clarity of risk definition, discipline of exposure management, and consistency of reasoning rather than profit or loss outcomes.
Capability Outcomes
Participants completing the curriculum develop the ability to:
- Define and measure risk using institutional frameworks
- Construct positions with controlled downside exposure
- Align position size with uncertainty and market context
- Avoid common retail risk management errors
- Prepare for advanced study in portfolio structure and trade execution