Financial Risk Management

1. Risk, Risk Management, and Risk Measures2. Risk Models in Market Risk 3. Risk Models in Credit Risk4. Risk Management Strategies 5. Financial Crises and Risk Regulation

Course code

FIN603

Course type

MSc Course

Weekly Hours

2,5

ECTS

5.0

Term

FS 2021

Language

Englisch

Lecturers

Dr. Thomas Ridder

Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.

Course content

- Concepts and Methods in Financial Risk Management
- Applications in Credit Risk
- Applications in Market Risk
- Applications in Operational Risk and other Risk
- Current Developments in Financial Markets Regulation

Class dates

Date	Time
Thursday, 11.03.2021	13:45 - 18:45
Thursday, 18.03.2021	13:45 - 18:45
Friday, 19.03.2021	13:45 - 18:45
Tuesday, 23.03.2021	15:30 - 20:30
Thursday, 01.04.2021	13:45 - 18:45
Thursday, 15.04.2021	13:45 - 18:45
Tuesday, 20.04.2021	09:00 - 10:30

Learning outcomes

•Adequate use and judgement of basic risk management and measurement methods in finance
•Interpretation of Value-at-Risk and other key risk figures
•Distinctions between market risk and credit risk in financial markets
•Financial markets regulation

Literature

McNeil, Frey, Embrechts (2015): Quantitative Risk Management. Concepts, Techniques and Tools. 2nd ed. Princeton University Press Saunders, Cornett (2018): Financial Institutions Management. A Risk Management Approach, 9th ed. McGraw-Hill

Learningmethods

Teaching and exercises

Exam

Written Exam (might be adjusted if necessary due to corona)

Requirements

Grundlagen Statistik und Wahrscheinlichkeitsrechnung Grundlagen Corporate Finance Grundlagen der Bewertung von Finanzinstrumente: Anleihen, Derivate, etc.

Total workload

150