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Applied Risk Management (FNCE90082)

Graduate courseworkPoints: 12.5Dual-Delivery (Parkville)

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Overview

Availability
Semester 1 - Dual-Delivery
Semester 2 - Dual-Delivery
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This subject examines the key concepts and methodologies used in the management of a variety of financial risks including price risk, quantity risk, interest rate risk, credit risk and currency risk. Topics include: exchange-traded and over-the-counter instruments used to manage risk, value-at-risk and related concepts, agency problems, financial engineering, security design, securitisation. There will be an extensive use of real-world cases throughout the course to illustrate both successful and unsuccessful risk management practices.

Intended learning outcomes

On successful completion of this subject, students should be able to:

  • Identify and explain key financial risks faced by corporations and other participants in financial markets.
  • Understand and analyse the role of derivatives such as options, forwards, futures and swaps in managing risk.
  • Apply financial engineering techniques to analyse and design innovative financial securities to manage risk
  • Critically evaluate the risk in managing risk.

Generic skills

  • Oral and written communication
  • Problem solving
  • Application of theory to practice
  • Team work
  • Critical thinking
  • Evaluation of data
  • Statistical Reasoning

Last updated: 10 November 2023

Eligibility and requirements

Prerequisites

Admission into one of the following:

  • MC-FINANCE Master of Finance
  • MC-FINENH Master of Finance (Enhanced)

AND

Note: the following subject/s can also be taken concurrently (at the same time):

All of

Code Name Teaching period Credit Points
ACCT90002 Financial Statement Analysis
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
 12.5
ECON90033 Quantitative Analysis of Finance I
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
 12.5
ECON90034 Economics of Finance
Semester 2 (Dual-Delivery - Parkville)
Semester 1 (Dual-Delivery - Parkville)
 12.5
FNCE90047 Financial Markets and Instruments
Semester 2 (Dual-Delivery - Parkville)
Semester 1 (Dual-Delivery - Parkville)
 12.5

Corequisites

None

Non-allowed subjects

None

Inherent requirements (core participation requirements)

The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.

Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home

Last updated: 10 November 2023

Assessment

DescriptionTimingPercentage

Individual Project

  • 1500 words
Week 830%

Final Examination

  • 3 hours
During the examination period70%

Last updated: 10 November 2023

Dates & times

  • Semester 1
    Principal coordinatorSteve Howard
    Mode of deliveryDual-Delivery (Parkville)
    Contact hours1 x 3 hour lecture each week
    Total time commitment170 hours
    Teaching period28 February 2022 to 29 May 2022
    Last self-enrol date11 March 2022
    Census date31 March 2022
    Last date to withdraw without fail 6 May 2022
    Assessment period ends24 June 2022
  • Semester 2
    Principal coordinatorSteve Howard
    Mode of deliveryDual-Delivery (Parkville)
    Contact hours1 x 3 hour lecture each week
    Total time commitment170 hours
    Teaching period25 July 2022 to 23 October 2022
    Last self-enrol date 5 August 2022
    Census date31 August 2022
    Last date to withdraw without fail23 September 2022
    Assessment period ends18 November 2022

Last updated: 10 November 2023

Further information

  • Texts

    Prescribed texts

    There are no specifically prescribed or recommended texts for this subject.

  • Available to Study Abroad and/or Study Exchange Students

    This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.

Last updated: 10 November 2023