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).

Our courses that offer this unit of study

Further unit of study information

Classes

1x 2hr lecture and 1x 1hr tutorial per week

Assessment

group project (15%), assignments (30%), mid-semester exam (15%), and final exam (40%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

ECMT2110 or QBUS2810

Prohibitions

ECMT3180

Study this unit outside a degree

Non-award/non-degree study

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.

Cross-institutional study

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.