Financial Risk Management
Course Name:
SM835 Financial Risk Management
Programme:
MBA
Category:
Elective Courses
Credits (L-T-P):
(3-0-0) 3
Content:
Introduction to risk management-Understanding risk, nature and sources of risk, need for and benefits of risk management, risk policy and risk management approaches. Risk classification and measurement of risk- Credit risk, market risk, interest rate risk and operational risk. Risk management- Managing credit risk, market risk, operational risk and insurance. Tools of risk management- Modeling risk, VaR and stress testing, Volatility modelling. Issues in risk management- Regulatory issues in risk management, Basel committee, legal issues, accounting issues and tax issues.
References:
John Hull, Risk Management and Financial Institutions, 3rd ed., Wiley Finance. Joël Bessis, Risk management in
Banking, 3rd ed., Wiley. Peter F. Christoffersen, Elements of Financial Risk Management, Tata McGraw Hill.
Philippe Jorion, Financial Risk Manager Handbook, 6 ed., Wiley Finance.
Department:
School of Management
