The instructor in this course will explain the mathematical principles and techniques of value assessment and risk assessment in the risk management of financial institutions, as well as the current state and issues in the risk management of financial institutions. The instructor will move the discussion forward with a main focus on insurance companies amongst financial institutions, explaining risk management based on economic value assessment of insurance debt, which has been a hot topic in recent years both on grounds of regulations and actual business.
The goal of the course is for the students to understand the principles of the valuation, risk and risk management of the financial instruments and to gain insight into the risk management issues.
Economic-based valuation (Market consistent valuation), risk, risk management
✔ Specialist skills | Intercultural skills | Communication skills | Critical thinking skills | Practical and/or problem-solving skills |
Blackboard and handouts
Course schedule | Required learning | |
---|---|---|
Class 1 | Introduction of risk measurement | Details will be provided in each class session. |
Class 2 | Practical issues in risk measurement (1) | |
Class 3 | Practical issues in risk measurement (2) | |
Class 4 | Overview of risk management | |
Class 5 | Goal of the risk management | |
Class 6 | Challenges to risk management | |
Class 7 | Risk management and regulations (cases in the insurance industry) | |
Class 8 | Wrap-up of the lectures |
None in particular
Morimoto, et. al ``Zentai saiteki no hoken ALM'' (in japanese)
Morimoto, ``Zero kara wakaru kinyuh risk kanri'' (in japanese)
Based on reports. Details will be provided in class.
None in particular