RISK MANAGEMENT

Degree course: 
Corso di Second cycle degree in ECONOMICS, FINANCE AND BUSINESS LAW
Academic year when starting the degree: 
2016/2017
Academic year in which the course will be held: 
2016/2017
Course type: 
Optional subjects
Credits: 
3
Standard lectures hours: 
20
Detail of lecture’s hours: 
Lesson (20 hours)
Requirements: 

Students are suggested to have attended the complete course of Financial Markets.

Final Examination: 
Orale
Assessment: 
Voto Finale

The course aims at providing the methodological knowledges and technical skills for Financial Risk Management. The main topics relative to risk governance, measurement, management and control of financial risks will be dealt with; definition of risk tolerance in line with banking and insurance supervisory rules and its impact on risk governance will be described and dealt.

1.Financial risk management:
a.Risk management process;
b.Risk governance in banking and insurance intermediaries.
2. Financial Risks:
a.Definition and identification of financial risks;
b.Modeling and measurements of financial risks.
3.Risk Profile:
a.Definition and measurement of risk profile;
b.Definition and measurement of Risk Tolerance;
c.Impact on portfolio management.

The Course is organized in frontal lessons. Some case studies are provided to be done in working groups.

- John Hull, Opzioni Futures e Altri Derivati, Pearson Prentice Hall
- EIOPA, Solvency II, Papers from the web site
- Papers suggested by the teacher and available on the website of the teacher

Assessment:
Drafting and discussion of a written thesis on some case studies provided by the teacher, aiming at verifying the degree of knowledge of the topics dealt in the course.