2013 Unit of Study

The session(s) below are for 2013. For Summer School 2013 unit of study availability please visit the Summer School website (main Summer session January/February 2013).

The University of Sydney session calendar shows exact dates for sessions.

Financial Risk Management
UoS Code FINC3020
Credit points 6
Offered Semester 2
Prerequisites FINC2011 and FINC2012
Corequisites
Prohibitions
Assumed Knowledge FINC3017
Additional Information
Lectures 1x 2hr lecture and 1x 1hr tutorial per week
Assessment mid-semester exam (20%), group project (30%), final 3hr exam (50%)
Description Risk is an integral part of financial decisions. Following the rapid evolution of the discipline of financial risk management, 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, credit derivatives), liquidity risk and operational risk. To overcome the rather quantitative nature of the topics, the course relies heavily on practical based lab exercises with emphasis on simulations, real life examples and case studies.
5220