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Financial Risk Management - ECFS868

Financial Risk Management (FRM) is based on an enterprise risk management framework designed to increase the likelihood that an organisation will achieve its objectives. Unlike traditional, purely defensive approaches to risk, FRM’s philosophy focuses on how effective risk management adds value to the organisation. We consider methods for identifying, assessing and treating a variety of risks, with special focus on market, credit, funding liquidity and operational risks. The unit encompasses both quantitative skills and broader human and organisational issues. We encourage students to question the assumptions behind the models, to think about behavioural biases, to identify ethical issues, to consider incentives, and to think creatively of risk management solutions.
The lectures deliver theoretical and industry relevance by using a case study methodology. Lectures are complemented by online learning activities designed to promote student interaction, engagement, and understanding throughout the Unit. Assessable pre-course activities must be completed prior to the first class.

Credit Points: 4
When Offered:

AFC Term 1 MB - Applied Finance Centre, Melbourne Campus, January to March

AFC April Beijing - Offshore students only

AFC Term 2 CBD - Applied Finance Centre, City Campus, March to June

AFC Term 3 Singapore - Offshore students only

AFC Term 4 CBD - Applied Finance Centre, City Campus, September to December

Staff Contact(s): Associate Professor Elizabeth Sheedy

(Admission to MAppFin or GradDipAppFin) and (AFCP801 or (ECFS865 and ECFS867)) Prerequisite Information


NCCW(s): AFCP806
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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