Risk ManagementModule Details

Module Description
During this module, students will be introduced into the most recent developments in the area of risk analysis and risk management. Students will be able to calculate VaR (Value at Risk) using various methods and explore the purpose of VaR against other risk management approaches. Additionally, students will examine the variety of financial risks a company can be exposed to and how to handle this kind of risks.

Module Aim
This module aims at enhancing students with the knowledge of financial instruments such as options, futures, swaps and other derivative securities, economic environment in which such instruments operate, theoretical valuation methods to price financial instruments and apply the instruments in managing the risk of investing and hedging activity at the individual and the corporate level.

Module Learning Outcomes
After completing the module students should be able to:
1. Introduce students into the various types of risks.
2. Examine the methodology of VaR and the pragmatic approaches to the calculation of VaR.
3. Analyze and manage credit risk.
4. Analyze non-standard risks such as liquidity, volatility, operational, insurance and weather.
5. Use risk measurement techniques for performance measurement.
6. Assess the relationship between developments in financial regulation and risk management.