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Quantitative Methods in Risk Management - ACST865
This unit encompasses theoretical and practical aspects of quantification of three main types of financial risk, namely, Market Risk – the risk of change in the value of position due to changes in underlying market variable, Credit Risk – the risk of default of counterparty and Operational Risk – the risk of losses resulting from failed internal or external processes. The numerical and statistical modelling techniques introduced in the unit represent the tools adopted by actuarial and banking business to comply with advanced regulatory requirements.
| Credit Points: | 4 |
| When Offered: | 2013 - Next offered in 2013 |
| Staff Contact(s): | Dr Jiwook Jang, Dr Nino Kordzakhia |
| Prerequisites: |
[(ACST306(P) or ACST816(P)) and (ACST307(P) or ACST817(P))] or ACST828(P) or STAT401(P) or STAT890(P)or admission to MAppStat or PGDipAppStat |
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| Assessed As: | Graded |
| Offered By: | Department of Applied Finance and Actuarial Studies Faculty of Business and Economics |
Timetable Information
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