Description
Prerequisite: FINC 601 or consent of the instructor
This course deals with various elements of risk that face financial institutions. Although financial risk exposure and management receive a great deal of analysis in the course, other sources of risk such as operational risk and credit risk receive equal attention. Risk has received major attention in recent years because of the huge failure that happened to big and famous financial institutions. Topics covered include Basel II, value at risk, credit risk, operational risk, scenario and sensitivity analysis, simulation, hedging unwarranted exposures, and risks’ reports writing.
