CREDIT RISK MANAGEMENT

FIN5CRM

2014

Credit points: 15

Subject outline

Credit risk is a new frontier in finance post the global financial crisis. Credit risk is the risk of financial loss due to a counterparty failure to perform its contractual obligations. In this subject students will examine a range of credit risk models and management techniques applied to credit sensitive portfolios. The subject addresses recent regulatory and market developments related to credit and counterparty risks and provides a hands-on approach to applying a range of strategies and models used by the industry. This subject is one of three subjects which consider how to measure and manage a firm or portfolio's exposure to market, credit and operational risk, respectively. Taken together these three subjects form the specialisation which defines the Master of Financial Analysis (Financial Risk Management) and aligns it to the curriculum of the leading globally recognised professional accreditation in financial risk management, the Financial Risk Manager (FRM) accreditation.

Faculty: Faculty of Business, Economics and Law

Credit points: 15

Subject Co-ordinator: Doureige Jurdi

Available to Study Abroad Students: Yes

Subject year level: Year Level 5 - Masters

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: N/A

Co-requisites: FIN5DER

Incompatible subjects: N/A

Equivalent subjects: N/A

Special conditions: N/A

Melbourne, 2014, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Doureige Jurdi

Class requirements

TutorialWeek: 31 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

LectureWeek: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%
Group written assignment, excel project and oral presentation25
one 3-hour final examinationHurdle requirement: Students must achieve at least 50% in the final examination as well as a total of 50% in the sum of the marks for all assessment tasks to pass the unit50
one 90 minute mid-semester examination25