LB5238 - Advanced Financial Risk Management

Financial risk management has attracted great attention from both academia and practitioners for the past two decades. This subject provides students with up-to-date risk management theories and models to measure and evaluate the risks involved in organisations. Upon completion of this subject, students will be well equipped with both quantitative and qualitative skills to resolve risk problems and make suitable recommendations for organisation's business and investment strategies. Topics covered in this subject include economic and statistical analysis of risk, types of risks, financial instruments, risk modelling, business and financial risk analysis, risk management processes, ethics and sustainability of risk management, etc.

Learning Outcomes

• interpret and apply risk management theories and concepts;
• evaluate the impacts and causes of the global financial crises in the 21st century;
• critically analyse financial risk management and apply empirical research using contemporary case studies;
• create and construct financial and credit risk models for organisations;
• exercise and apply ethical judgement and independent initiative to creatively solve various risk and investment related problems.

Subject Assessment

• Written > Examination (centrally administered) - (40%) - Individual
• Written > Test/Quiz 1 - (30%) - Individual
• Written > Case study analysis - (30%) - Group.

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.