Quantitative Risk - RISKCS8418
Stream Summary
Faculty: Australian School of Business
School: School of Risk and Actuarial Studies
Contact: Australian School of Business Student Centre
Program: 8418 - Risk Management
Award(s):
Master of Risk Management (Specialisation)
Information valid for students commencing 2013.
Students who commenced prior to 2013 should go to the Handbook's Previous Editions
Stream Outline
The Quantitative Risk specialisation focuses on contemporary developments in risk management for financial institutions such as banks and insurers. It adds value by enhancing students’ knowledge in the intricate, mathematically complex aspects of financial and insurance risk modelling. At the same time, the program challenges them to think about the implications and ramifications of financial decisions on the organisation as a whole and even the wider society.
It also exposes students to risk analysis and management approaches in other disciplines, offering them the opportunity to explore avenues by which such approaches can be adopted to their traditional field of interest. The management of financial and insurance risks is seen as one of the many risks an organisation faces, which are closely interrelated.
It also exposes students to risk analysis and management approaches in other disciplines, offering them the opportunity to explore avenues by which such approaches can be adopted to their traditional field of interest. The management of financial and insurance risks is seen as one of the many risks an organisation faces, which are closely interrelated.
Who is it for?
The specialisation is well suited to business graduates and professionals with a strong quantitative finance and/ or actuarial background, who are aspiring to progress their career as a risk manager in the fields of investment, banking or insurance.
Stream Structure
Five MRM core courses (30 UOC):
- ACTL5108 Finance for Actuaries (6 UOC)
- MGMT6004 People Organisation & Risk (6 UOC)
- RISK5001 Fundamentals Risk & Risk Mgmt (6 UOC)
- RISK5002 Risk Tools (6 UOC)
- RISK5003 Risk Decisions (6 UOC)
PLUS
Three elective courses from the following list (18 UOC):
- ACTL5002 Super & Retire Benefits (6 UOC)
- ACTL5103 Stochastic Model. for Act. (6 UOC)
- ACTL5106 Insurance Risk Models (6 UOC)
- ACTL5109 Financial Economics (6 UOC)
- ACTL5301 Models for Risk Management (6 UOC)
- ACTL5302 Risk and Capital Management (6 UOC)
- ACTL5303 Asset-Liability Management (6 UOC)
- ACTL5304 Risk Management Strategies (6 UOC)
- ACTL6005 Empirical Modelling (6 UOC)
- FINS5534 Credit Risk and Loan Policy (6 UOC)
- FINS5535 Derivatives & Risk Mgt. Techs. (6 UOC)
- FINS5536 Fixed Income Sec. & Int. Rate (6 UOC)
- MATH5355 Special Topics (Appl Maths) F (6 UOC)
- MATH5816 Continuous Time Fin'l Model'g (6 UOC)
- MATH5965 Discrete Time Fin'l Modelling (6 UOC)
- MATH5985 Term Structure Modelling (6 UOC)
For more information about the elective courses, please refer to www.asb.unsw.edu.au
Further Information
Please note that these requirements may be subject to change.
Students are advised to follow requirements according to the year they commenced. Please refer to previous editions of the Online Handbook for your program requirements.
Contact the Australian School of Business Student Centre for advice.
tel: + 61 2 9385 3189
location: Ground Floor, West Wing, Australian School of Business Building
Forms, policies and procedures
Frequently asked questions
Students are advised to follow requirements according to the year they commenced. Please refer to previous editions of the Online Handbook for your program requirements.
Contact the Australian School of Business Student Centre for advice.
tel: + 61 2 9385 3189
location: Ground Floor, West Wing, Australian School of Business Building
Forms, policies and procedures
Frequently asked questions
