MARKET RISK MANAGEMENT

FIN5MRM

2014

Credit points: 15

Subject outline

Market risk is the risk of loss, or gain, arising from unexpected changes in the market price of assets, such as equity, debt and derivative securities and commodities, or the change in market rates, such as interest rates or exchange rates. In this subject students will examine how to measure the exposure of a firm or portfolio to market risk. Students will then examine strategies to manage the exposure of a firm or portfolio to market risk. 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 Finanial 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: Jing Zhao

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: FIN5FRM

Equivalent subjects: N/A

Special conditions: N/A

Melbourne, 2014, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Jing Zhao

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

TutorialWeek: 10 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%
four 10-question tutorial quizzes10
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 unit.60
one 4,000-word assignment30