Financial Risk Analysis

Course aim

To introduce the student to alternative concepts, measures and approaches to the evaluation of financial risks present in the corporate, financial and insurance sectors. To provide the student with the opportunity to develop a depth of understanding regarding the alternative strategies and instruments used in the management of these financial risks.

Course content

Risks faced by the financial institution: market risk, credit risk, operational risk, risks in the regulatory environment. Risk management frameworks, policies and implementation systems, in the financial and non-financial corporate sectors. Measuring financial risks and the implications of model risk for their measurement. Portfolio analysis and the measurement of risk. Measuring risks in detail: market risk and the VaR and CFaR approaches; credit risk, credit ratings and contingent claims; and actuarial approaches in insurance. The management of risks: banks, non-bank financial institutions and non-financial corporations.

Textbook(s)

Nil

Prerequisite(s)

Corequisite(s)

Nil

Teaching method

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Continuous assessment, Research assignment

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 3)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.