Managing Financial Risk

Course Coordinator: Dr Michael Wong, BSc(Hons) (HKU); MFin (HKU); DBA (PolyU); CFT; FRM; RSSC

Aims
The course aims to prepare students to apply essential tools and key concepts to the evaluation of a corporation's financial risk. It equips students with the skills necessary for making rational financial risk management decisions.

Contents
The course covers the following topics:

• Foundations of risk management
• Enterprise risk management
• Quantitative analysis
• Statistical inference and estimating volatility
• Regression and forecasting
• Financial markets and products
• Hedging with derivatives
• Value-at-risk and expected shortfall
• Valuation of options and fixed income
• Risk models

Contact hours
A total of 54 contact hours across one term, consisting of 14 three-hour lectures and four three-hour tutorials.

Assessment
The continuous assessment portion of the course accounts for 100% of the total course score. It consists of written assignments (70%), class participation (10%), and a compulsory oral presentation (20%). Students are required to submit written assignments via the Online Learning Environment (OLE).

Set book(s)
There are no set textbooks for this course.