Risk Management II

2020/2021

Academic Year

ENG

Instruction in English

3

ECTS credits

Delivered at:

International College of Economics and Finance

Course type:

Elective course

When:

1 year, 3 module

Course Syllabus

Abstract

The course will give understanding of the risk framework, risk appetite, risk processes, risk-based pricing and risk infrastructure. The students will get knowledge of how financial institutions create value via risk management. There is no higher math in this course. Prerequisite courses: Accounting, statistics, econometrics. Corporate finance is recommended

Learning Objectives

• The aim of this course is to provide understanding of practical grounds of risk management in financial institutions.

Expected Learning Outcomes

• make management decisions and is ready to take responsibility for them
• analyze, verify, evaluate the completeness of information in the course of professional activities, if necessary, to fill and synthesize the missing information
• make economic and financial organizational and managerial decisions in professional activities

Course Contents

• 1. Overall risk framework. Regulation 2. Corporate redit risk management 3. Retail credit risk management 4. Market risk management 5. Asset Liability Management I 6. Asset Liability Management II 7. Operational risk. New types of risks – overview. IT in risk management 8. Enterprise risk management

Assessment Elements

• home assignment
  Students who did not hand in the assignment due to a valid reason are assigned an additonal date to submit it.
• final exam

Interim Assessment

• Interim assessment (3 module)
  0.7 * final exam + 0.3 * home assignment

Bibliography

Recommended Core Bibliography

• Risk management in banking, Bessis, J., 2002

Recommended Additional Bibliography

• Options, futures, and other derivatives, Hull, J. C., 2009
• The economics of money, banking, and financial markets, Mishkin, F. S., 2004