Financial Modelling for Enterprise Risk Management

On successful completion of this unit, students will be able to:

1. Critically review and understand the various forms of risk which business firms are subject to;
2. Demonstrate how financial modelling can be used for assessing, quantifying and interpreting various forms of risks, and use appropriate management tools to mitigate the exposure to those risks;
3. Develop and use a range of quantitative and statistical models for modelling financial, business, cyber and other forms of risk;
4. Design spreadsheets and perform statistical financial analysis using forecasting tools;
5. Critically examine some of the core financial modelling and time-series forecasting methods used in financial risk and return modelling research; and,
6. Apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with risk management modelling in finance and communicate the relevant information to various stakeholders.