By the end of this course, students will be able to recognize the various kinds of financial risk. They could also analyse, measure and manage the risk by using mathematical models.
Course Content (Syllabus)
The purpose of this course is to recognize the financial risks that encounter the firms. Meanings, such as credit risk, market risk, liquidity risk, interest rate risk, etc. will be explained. Moreove,we will deal with the mathematical tools, such as gap analysis, duration, VaR, that are used to analyse, measure and manage the risk.
financial risks, gap analysis, duration, credit risk, market risk
Course Bibliography (Eudoxus)
Κοσμίδου Κ., Ζοπουνίδης Κ., “Συστήματα Διαχείρισης Τραπεζικών Κινδύνων: Η περίπτωση του Asset Liability Management”, Εκδόσεις Κλειδάριθμος, Αθήνα, 2003
Additional bibliography for study
Bessis J., ‘Risk management in Banking’, Second Edition, Wiley, 2002
Jorion P., “Value at Risk: The New Benchmark for Managing Financial Risk”, 2nd Edition, McGraw-Hill, New York, 2000
Hefferman S., “Modern Banking in Theory and Practice”, John Wiley and Sons, 1996
Resti A., Sironi A., “Risk management and Shareholders’ Value in Banking”, J. Wiley & Sons, 2007
Saunders A., “Financial Institutions Management-A modern perspective”, McGraw Hill Editions, 2002