Financial Risk Management
|Course code module||FTEMAJ0022|
|Study load (hours)||168|
|Language of instruction:||English|
|Semester exam information:||semester exam in June|
|Contract restriction information:|
Non, but notions of financial economics will come in handy.
2. Objectives (expected learning outcomes)
You will be able to recognize and assess financial risks. Using the studied techniques, you will be able to measure and control these risks.
3. Course content
This cours first builds a taxonomy of the existing financial risks. We will mainly study market risks (interest rate risk, commodity risk and equity risk) and credit risk. Operational risk and liquidity risk will only be discussed briefly. We focus on measuring exposures to financial risks, and study the instruments controlling these risks. An overview of the existing derivatives (options, futures, swaps, ...) will therefore be needed. Examples are discussed both in the field of corporate finance (e.g. Metalgesellschaft) as in banking (e.g. Barings).
4. Teaching method
Direct contact: LecturesExercise sessions
Personal work: Assignments - in group
5. Assessment method
Exam: Written, without oral presentationClosed book
Continuous assessment: Assignments
6. Compulsory reading – study material
Reader provided by the lecturer.
7. Recommended reading - study material
John C. Hull, Fundamentals of Futures and Options Markets, 5th Edition, Prentice Hall.
laatste aanpassing: last update: 18/02/2008 16:49 anouk.claes