Business Risk Analysis (QBUS3810)
UNIT OF STUDY
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).
Further unit of study information
1x 2hr lecture and 1x 1hr tutorial per week
group project (15%), assignments (30%), mid-semester exam (15%), and final exam (40%)
Faculty/department permission required?
Unit of study rules
Prerequisites and assumed knowledge
ECMT2110 or QBUS2810
Study this unit outside a degree
If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.
If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.