Objectives and competences
In this course students:
1. Systematically enhance their theoretical knowledge in the field of finance and are able to apply it.
2. Gain the ability to apply their theoretical knowledge in complex practical problems in the field of risk management.
3. Acquire qualitative and quantitative approach to analysis of risk management and are able to critically evaluate it.
4. Make critical judgements based on a sound theoretical base.
Content (Syllabus outline)
1.Definition of risk in corporate environment
2.Market risk
3.Credit risk
4.Liqudity risk
5.Currency risk
6.Interest rate risk
7.Operational risk
8.Specifics of organized markets
9.Definition of country risk and its connection to other types of risk in international environment
10.System of early warning for financial crisis
11.Sources of data for estimating risk
Learning and teaching methods
Common lectures
AV presentations
Case studies
Team work with active participation
Intended learning outcomes - knowledge and understanding
Development of knowledge and understanding:
Students:
1. Acquire comprehensive knowledge in the area of risk management specialization.
2. Have a detailed knowledge of theories in the area of risk management specialization.
3. Are able to explain interconnections in the field of risk management.
4. Develop skills to review the gained results in the field of risk management.
5. Learn how to analyse and synthesise different approaches in the field of risk management with changing conditions.
6. Are able to upgrade and design further analysis regarding the process of risk management in a company.
7. Are aware of personal and professional responsibility in the field of risk management.
8. Are able to demonstrate a critical ethical dimension in their work.
Intended learning outcomes - transferable/key skills and other attributes
Cognitive/Intellectual skills:
Students:
1. Understand and apply critical analysis and theory development and their usability in solving real and abstract professional problems, without guidance.
2. Get the ability to search for and synthesize new information from the field of risk management in literature and praxis and to place them in appropriate professional frame.
3. Can select appropriate techniques for complex problem solving and are able to evaluate the reliability, validity and significance of results gained.
4. Can identify key aspects of problem from different view points and are able to find solutions.
5. Can investigate contradictory information and reasons for this.
Key/Transferable skills
Students:
1. Further develop skills and expertise in the use of knowledge in a specific working area.
2. Upgrade the ability to become an autonomous learner.
3. Upgrade the ability to apply information technology.
4. Upgrade the ability for team-work and team leadership.
5. Further develop their communication skills in an effective manner to effectively solve conflicts.
6. Can identify key aspects of problem from different view points and are able to find solutions.
7. Are efficient in self-evaluation.
8. Can select and manage information with minimal guidelines.
Practical skills:
Student:
1. Get practical experience in the field of risk management.
2. Is able to act autonomously with minimal guidelines and supervision.
Readings
Jagrič, T., Jagrič, V., 2014, Praktikum za Obvladovanje tveganj
Petrlin, J., Obvladovanje finančnih tveganj, 2005 (izbrana poglavja)
Hull,J. C., Risk Management and Financial Institutions, 2010, Pearson (izbrana poglavja)
Izbrani aktualni članki
Additional information on implementation and assessment Type (examination, oral, coursework, project):
written examination or two colloquiums
