After the first successful edition of PWS'11 (140 attendees from 38 universities and organizations), Perm State University, Professional Risk Managers' International Association (PRMIA) and PROGNOZ Company would like to invite you to the 2nd edition of Perm Winter School (permwinterschool.ru). As in our consolidate tradition the school will bring together leading experts from academia and industry professionals for a 3-day event.

This year the focus is on modeling of financial risks and financial markets: latest empirical research, theoretical models and industry best practice. The conference will be held in the Ust- Kachka resort place (45km from Perm),famous for its therapeutic waters.

This year the focus is on modeling of financial risks and financial markets:

A-Financial risks modeling

- Managing risks in banks and Financial institutions - Market risk modeling - Basel III market risk framework - Hedging strategies - Value-at-Risk and beyond - Market liquidity risk - Volatility and GARCH models - Empirical pricing models - Credit risk modeling - Internal credit ratings (IRB) - Bonds' credit spreads models - LGD empirical models - Stress-testing - Risk budgeting

B-Financial market modeling

- Order flow simulation - Agent based models of stock market - Econometrics of market microstructure - Predictability in financial markets - Stylized facts - Market efficiency - Interest rates / yield curves models - Assets bubbles forecasting - Multifractal models - Ecology of market agents

Contact or http://www.e-fern.org/public/K2825410.htm