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 Term 2 City - Applied Finance Centre, City Campus, March to June AFC Term 4 City - Applied Finance Centre, City Campus, September to December |
| Staff Contact(s): | Dr Shane Magee, Professor Elizabeth Sheedy |
| Prerequisites: |
(Admission to MAppFin or MAppFin(Adv) or GradDipAppFin) and (AFCP801 or (ECFS865 and ECFS867)) |
| Corequisites: | |
| NCCW(s): | |
| Unit Designation(s): | |
| Assessed As: | Graded |
| Offered By: | Department of Applied Finance Faculty of Business and Economics |
Course structures, including unit offerings, are subject to change.
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