Financial risk management [EFAGM060]

Learning outcomes

Risk is a very broad concept. For some it is the variance of performance, for others it is the probability of negative outcomes, while others are primarily concerned with the possibility of not achieving the target performance. So how do we define risk? Measure it? Predict it? The objective of the Financial Risk Management course is to clarify the concept of risk and to present the main techniques and methods for measuring, analysing and predicting risk. Four types of risk will be given particular attention: liquidity risk, interest rate risk, credit risk and market risk (Value at Risk).