Prof. dr hab. Zenon Marciniak
CORPORATE FINANCIAL RISK MANAGEMENT [234141-0345]
This course is intended to provide students with a working knowledge of the principles and practices
of risk management. The course will survey the major topics concerned with risk management,
- risk management system, exposure, risk measures, Value at Risk, EaR. CFaR. etc.
- risk management strategies, Markowitz, optimization.
- currency risk, interest rate risk, credit risk, operational risk.
Main objectives for this course:
To show actual problems and methods of risk management.
To provide a proper methodology for dealing with currency risk, interest rate risk, credit risk, operational risk.
This course is intended to provide you with a deep framework for dealing with the risk management problems.
Handling the financial aspects of a business requires both an understanding of concepts
and the skills to do analysis. Skills are best developed by doing;
therefore the pedagogical approach used is application-oriented.
Therefore, the emphasis is on understanding the financial issues and alternatives available,
and learning the essential analytical tools for dealing with them.
The discussion will generally contain the following:
- A brief description of the risk management problem(s) being faced, and the decision(s) to be made.
- An analysis of the advantages and disadvantages of each alternative.
Decision(s) or recommendation(s) with supporting reasons.
This is a very busy course, consisting of lectures (30 hours) and one examination.