C21_Risk Management and Derivatives (VT IFS) — University of Liechtenstein

Semester:WS 23/24

Type:Lecture

Language:English

Scheduled in semester:5

Semester Hours per Week / Contact Hours:28.0 L / 21.0 h

Self-directed study time:69.0 h

Module coordination/Lecturers

Bachelor's degree programme in Business Administration (01.09.2021)

Financial risk management, financial derivatives, use of derivatives in financial risk management

Understanding of various aspects and the importance of risk in finance, structured approach to managing financial risks

After completing this course, students...

- understand the most important concepts of financial risk
- know why and where financial risks matter
- understand the logic of the risk management process
- know the standard types of financial derivatives and assumptions behind their valuation
- describe pros and cons of different types of derivatives
- select and apply methods for identifying risks
- select and apply methods for measuring risks
- select and apply methods for managing risks
- devise suitable hedging strategies using derivatives
- select methods for risk communication
- pitch solutions to fellow students
- argue in favor of and against candidate solutions
- defend their stance in discussions
- repeat the contents of lectures and exercises in a self-organized way
- assess their own learning progress during lectures
- identify their own strengths and weaknesses
- tolerate different opinions and working styles
- use standard software for valuing financial derivatives

Hull: "Risk Management and Financial Institutions", most recent edition
Hull: "Options, Futures, and Other Derivatives", most recent edition