Operational Risk Management - AFCP864
This unit explores the challenges of implementing an operational risk management program. It builds on the introductory treatment of operational risk in the unit ECFS868 Financial Risk Management. There is some treatment of modelling issues, such as Extreme Value Theory for modelling risk events. However the focus of the unit is on the treatment of operational risk through analysis and improvement of business processes, while balancing the need to maintain business efficiency. Case studies and examples are used to draw out the challenges in risk treatment/mitigation, obtaining commitment from all staff to risk processes, and creating effective operational risk systems.
| Credit Points: | 2 |
| When Offered: | TBD - Not offered in the current year; next offering is to be determined |
| Staff Contact(s): | Mr Paul Kennedy, Dr Elizabeth Sheedy |
| Prerequisites: |
Admission to (MAppFin or GradCertPost-MAppFin or GradDipAppFin) and ECFS868 |
| Corequisites: | |
| NCCW(s): | ECFS901 |
| Unit Designation(s): | |
| Assessed As: | Graded |
| Offered By: | Department of Applied Finance and Actuarial Studies Faculty of Business and Economics |
Course structures, including unit offerings, are subject to change.
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