Business Risk Management (QBUS6820)


This unit provides the basic knowledge and tools needed to understand and manage risk. It includes business cases to illustrate the nature of risk and risk management strategies. The main focus of the unit is on quantitative approaches to analysing risk through understanding the probability distributions involved. Topics covered include: Value at Risk calculations; Prospect theory for decisions under risk; Extreme value theory; Monte-Carlo simulation; Stochastic optimization; Credit scoring; Real options and Hedging strategies.

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Further unit of study information


1x 3hr class per week


individual assignment (30%), mid-semester exam (20%), and final exam (50%)

Faculty/department permission required?


Unit of study rules

Prerequisites and assumed knowledge

ECMT5001 or QBUS5001

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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.

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