SYLLABUS: Financial Risk Management
Information
- Language: English
- Level: senior undergraduates, postgraduates
- Availability: BSc Finance, BSc Financial Engineering, BSc Insurance
- Prerequisites: basic knowledge on finance, insurance, calculus, linear algebra, probability, statistics, ordinary differential equation and MatLab
- This course is designed to understand the nature of financial institutions, financial markets, financial instruments, their regulations, and different types of risk sources in finance (and insurance). It deals with the ways in which risks are quantified and managed by financial institutions, and introduce modern quantitative methodologies for risk measurement and management. Among the topics on risk covered are market risk, credit risk, liquidity risk, operational risk, model risk and the credit crisis of 2007-08. Demonstrations of distribution/histogram and Monte Carlo simulation via MatLab are also included as supplementary.
- Risk Management and Financial Institutions, Third Edition (John Hull, 2012)
