RMSC2001 - Introduction to Risk Management

This course aims at providing a focused introduction to various concepts of risk and risk measures from a scientific perspective. The course will discuss the various roles that risk plays in insurance and financial applications. Current risk measures such as value at risk and shortfall risk will be introduced. These measures will be calculated for recent financial losses to illustrate their usefulness in risk management.

Instructor: Dr. CHEUNG, King Chau

Recommended Books / Reading

  • Hull, J. (1993). Options, futures, and other derivative securities (Vol. 7). Englewood Cliffs, NJ: prentice hall.
  • Jorion, P. (2010). Financial risk manager handbook: FRM Part I/Part II. John Wiley & Sons.
  • Rejda, G. E. (2005). Principles of risk management and insurance. Pearson Education India.