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.
|Business Risk Analysis|
|Prerequisites||ECMT2110 or QBUS2810|
|Lectures||1x 2hr lecture and 1x 1hr tutorial per week|
|Assessment||group project (15%), assignments (30%), mid-semester exam (15%), and final exam (40%)|
|Description||Everyone working in business needs to understand and manage risk. This unit will provide the basic knowledge and tools needed to do this. It includes material on the risk management strategies that every business needs, as well as specific quantitative and statistical techniques for evaluating risk. By taking this unit students will learn how different aspects of risk management fit together (like Value-at-Risk (VaR) and tail-VaR calculations, Monte-Carlo simulation, extreme value theory, individual and collective risk models, credibility theory and credit scoring).|