Risk Management for Financial Institutions

What subjects are covered?

  • The history of risk and risk management across the centuries.
  • Different dimensions of ‘uncertainty’ and their translation into potential sources of risk.
  • Qualitative and quantitative methods of risk measurement and risk management, varying from Stress Testing and VaR to Scoring Methods, Heat Mapping, Composite Risk Management and Enterprise Wide Risk Management.
  • The workings of financial institutions, their products and the financial markets in which they operate.
  • Financial frameworks and guidelines that are used by regulators/supervisors such as Basel and Solvency.
  • Aspects of human behaviour, human choices under uncertainty and effective risk management in these situations.
  • Learning skills to carry out academically responsible research and to arrive at better methods of risk measurement and risk management.