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Unit of study_

Business Risk Management - QBUS6820

Year - 2018

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 is on quantitative approaches to analysing risk through understanding the probability distributions involved. Topics covered include: Value at Risk calculations; Utility theory for decisions; Prospect theory for decisions under risk; Extreme value theory; Monte-Carlo simulation; Stochastic optimization; Robust optimization; Credit scoring; Real options.

Classes
1x 2hr class per week plus 1 x 1hr tutorial

Assessment
measuring risk assignment (15%); mid-semester exam (25%); stochastic optimisation assignment (15%); final exam (45%)

Assumed knowledge
Knowledge of basic probability theory and familiarity with spreadsheet modelling

Pre-requisites

ECMT5001 or QBUS5001

Details

Faculty: Business (Business School)

Semester 2

30 Jul 2018

Department/School: Business Analytics
Study Mode: Normal (lecture/lab/tutorial) day
Census Date: 31 Aug 2018
Unit of study level: Postgraduate
Credit points: 6.0
EFTSL: 0.125
Available for study abroad and exchange: Yes
Faculty/department permission required? No
Location
Camperdown
Courses that offer this unit

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