2014 Unit of Study
The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).
The University of Sydney session calendar shows exact dates for sessions.
|Financial Risk Management|
|Prerequisites||FINC2011 and FINC2012|
|Assumed Knowledge||Assumed knowledge: FINC3017|
|Lectures||1x 2hr lecture and 1x 1hr tutorial per week|
|Assessment||Lab exercises (20%), group project (20%), mid semester exam (20%), and final exam (40%)|
|Description||Risk is an integral part of financial decisions. Financial risk management is increasingly important and financial analysts must be prepared to assess the level of risk in the marketplace. This course explores the basic concepts of modelling, measuring and managing financial risks within the regulatory framework. Topics covered include market risk (value-at-risk and expected loss), credit risk (single name, portfolio, ratings and market based models, and credit derivatives), liquidity risk and operational risk. The course relies heavily on practically based computer laboratory exercises with emphasis on simulations, real life examples and case studies.|