Birla Institute of Technology and Science, Pilani K.K. BIRLA Goa Campus
Birla Institute of Technology and Science, Pilani K.K. BIRLA Goa Campus
Birla Institute of Technology and Science, Pilani K.K. BIRLA Goa Campus
17/08/2020
In addition to part-I (General Handout for all courses appended to the timetable) this portion gives
further specific details regarding the course
1. Course Description:
Risk management; like most tend to believe is not only about numbers and measure of those numbers; it
is the ability to put the numbers in context of an Individual or of the firm’s appetite to take risk. The
objective of this course is to provide mathematical tools and underlying foundations for thinking about
measuring risk. It will lay the ground work for a systematic framework to think about risk. The course will
focus on mathematical foundations of risk management, provides an overview of products and foundations
required for pricing and valuation of the products, introduce various technique of quantifying market and
credit risk, provide a view of the regulatory landscape as it relates to risk and a practical view of risk
management from an trader and from an individual standpoint. This course has been designed to meet
industry requirements. Hence, concepts, mathematical/statistical models and simulation exercise will be
applied in real life business cases.
R1) Peter F. Christofferson (2012). Elements of Financial Risk Management. 2nd edition, Academic Press;
(an imprint of Elsevier).
R2) Michel Crouhy, Dan Galai and Robert Mark (2014). The Essentials of Risk Management, 2nd edition,
McGraw-Hill Education.
4. Course Plan:
Lecture Topics to Reference Instructor
Learning Objectives
No. be covered (Book)
Chapter 1- AKM
1-2 Financial Risk Management- An Overview Introduction T1, R1 &
R2
Expected
Shortfall
5. Evaluation Scheme:
Sl. Evaluation Duration Weightage Date, Time & Venue Nature of
No. Component (%) Component
1 Test 1 30-45 Min. 15 September 16 (Wed) (During Online Test
scheduled class hour)
The instructor reserves the right to make adjustments to this syllabus. Any change will be notified
at least one week in advance. But it is your responsibility to stay informed if you do not attend all
the classes.
Instructor-in-Charge
FIN F414