Risk Management Course of MSc in Finance at Lee Kong Chian School of Business

Lee Kong Chian School of Business at Singapore Management University

Risk Management

This course will introduce the study on the management of risks in a corporate setting. In recent years, risk management has come to be associated with financial engineering and derivatives in the financial markets. This is due to several spectacular failures by firms and individuals using derivatives. As such, market participants and academics have renewed interest on risk management as a corporate decision making process. This course will examine the risk management process. Questions such as: what risk is, how it can be measured and transferred, why individuals care about risk, and why corporations care about risk will be examined. Topics include risk identification and measurement, pooling arrangement and diversification of risk, risk aversion and management. Modern risk management concepts such as Value-at-Risk, credit risk models and default risk models will also be discussed.

Tags: , , , , , , , ,

Leave a Reply

Term 3 Courses of MSc in Applied Finance at Lee Kong Chian School of Business

Lee Kong Chian School of Business at Singapore Management University Term 3 Advanced Portfolio Management Electives: Bank Risk Management Advanced Corporate Finance Corporate Risk Management Corporate Strategy & Financial Performance Financial Risk Management Hedge Fund Management Investment Advisory Service & Wealth Management Private Equity and Venture Capital Investing Structured Products

Financial Risk Management Course at Lee Kong Chian School of Business

Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University Financial Risk Management This module focuses on risk management in multinational corporations and financial institutions. Module covers major areas such as foreign exchange, money market instruments, Euro-markets exchange, traded instruments versus O-T-C products, derivative products, understanding the corporation's risk exposure, issues in measurement of exposure, risk management in treasury operations and asset/liability management in financial institutions.

Quantitative Finance Courses of BBM at Lee Kong Chian School of Business

Lee Kong Chian School of Business at Singapore Management University Quantitative Finance Compulsory Courses 1. Linear Algebra and Regression 2. Differential Equations 3. Real Analysis 4. Probability Theory and Statistical Inference** 5. Structured Finance 6. Investment and Financial Data Analysis 7. Stochastic Calculus and Finance Theory* 8. Numerical Methods* 9. Global Financial Risk Management 10. IS Software Foundations

Bank Risk Management Course at Lee Kong Chian School of Business

Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University Bank Risk Management Banks in many countries are embracing a new approach to risk management. Commonly termed Basel II, it requires banks to move away from unvalidated human judgments to testable and verifiable empirical methods in assessing risk, especially credit risk. Countries that cannot meet with the deadline may have a few years of grace period but would eventually have to adopt this new approach. Basel II prescribes specific definitions and parameters that banks have to use for risk measurement. The

Corporate Risk Management Course at Lee Kong Chian School of Business

Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University Corporate Risk Management This course examines techniques and issues in corporate credit risk analysis. The various economic, business and financial factors that affect corporate credit quality will be discussed, as will the evaluation of a corporation’s debt servicing ability and likelihood of default. Topics will include: business and financial risk analysis, debt covenants, seniority and security structures, parental support, structural subordination, credit scoring and credit rating models, recovery prospects, credit analysis of multi-business conglomerates, and structured finance. Practical illustrations and case studies will be used

Finance Courses of BBM at Lee Kong Chian School of Business

Lee Kong Chian School of Business at Singapore Management University Finance Compulsory Courses 1. Corporate Reporting & Analysis of Financial Statements 2. Financial Instruments, Institutions & Markets 3. Any 3 Finance Electives under the subject area of FNCE (i.e. course code starting with FNCE) Examples of Finance Electives : 1. Analysis of Derivative Securities 2. Analysis of Equity Investments 3. Analysis of Fixed-Income Investments 4. Corporate Finance 5. Entrepreneurial Finance 6. Financial Risk Management 7. International Finance 8. Investment Banking 9. Portfolio Management 10. Wealth Management

Corporate Finance Course at Lee Kong Chian School of Business

Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University Corporate Finance This course aims to provide students with a basic understanding of Corporate Finance. Students will be exposed to key financial concepts and tools commonly used by managers in making sound financial decisions. These include time value of money, risk-return trade-off analysis and cost of capital. The course also reviews the basic financial activities undertaken by firms to create value for its shareholders. These activities include investing, financing and dividend policy.

Information Economics in Finance Course of MSc in Finance at Lee Kong Chian School of Business

Lee Kong Chian School of Business at Singapore Management University Information Economics in Finance / Market Microstructures This course will introduce both the theory and empirical analysis of information economics and market microstructure. Topics include rational expectations and dynamic rational expectations models, information asymmetry and market imperfections, inventory models, Kyle's model on strategic traders, noise, and risk neutral specialists, insider trading, bid-ask spread, liquidity, information disclosure, trading mechanism, speculative bubbles, and investor herding behaviour.

Hedge Fund Management Course at Lee Kong Chian School of Business

Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University Hedge Fund Management This course will provide an overview and a framework for hedge fund management. Topics will include: hedge fund objectives, institutional features, statistical and econometric concepts, hedge fund strategies, fund of hedge funds, risk management, performance measurement and compensation issues.

Structured Products Course at Lee Kong Chian School of Business

Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University Structured Products This course will cover the use of structured products by fund managers for investment. These products include convertible bonds, mortgaged-backed securities, option-embedded bonds, equity-linked notes, dual currency options, reverse floaters and similar forms of innovative financial instruments. Participants will obtain a good understanding of the risk and return of these products, and their use in portfolio management.

Research Foundation Courses of MSc in Finance at Lee Kong Chian School of Business

Course of MSc in Finance Lee Kong Chian School of Business at Singapore Management University Research Foundation Courses Four research foundation courses are given in Term 1. Econometrics Microeconomics Corporate Finance Empirical Finance Each course meets three hours per week during the Term.

Advanced Fixed Income Analysis Course at Lee Kong Chian School of Business

Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University Advanced Fixed Income Analysis This course is the continuation of Fixed Income Analysis. This module focuses on fixed-income derivatives and risk management. Valuation models on fixed-income securities with embedded options, such as callable and convertible bonds, will be discussed in detail. Issues in securitisation, asset-backed securities and options pricing theory with applications to fixed-income market will be covered.

Advanced Equity Analysis Course at Lee Kong Chian School of Business

Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University Advanced Equity Analysis This course is the continuation of Equity Analysis. This module examines various advanced equity valuation models introduced to price cyclical bankrupt and private firms. Risk-return relationship and asset pricing models will be introduced. Empirical evidence on asset pricing theories as well as the effect of corporate announcements (e.g. bond rating changes, going private transactions, public and private equity placements) on stock prices will be discussed.

Advanced Corporate Finance Course at Lee Kong Chian School of Business

MSc in Applied Finance Course Lee Kong Chian School of Business at Singapore Management University Advanced Corporate Finance This course aims to provide students with an advanced coverage of Corporate Finance. It answers three issues facing every business corporation: investment, financing/dividend and operational decisions. The course will equip students with conceptual and analytical skills necessary to make both routine and non-routine financial decisions. It will cover advanced topics such as optimal capital structure, IPOs, Mergers & Acquisitions, Corporate Restructuring and Value Creation. Cases will be used to illustrate the concepts and tools introduced in the course.

Term 1 Courses of MSc in Applied Finance at Lee Kong Chian School of Business

Lee Kong Chian School of Business at Singapore Management University Term 1 Financial Statement Analysis 1 Financial Statement Analysis 2 Economic Analysis Quantitative Methods and Statistics Corporate Finance Fixed Income Analysis Derivatives Analysis Equity Analysis and Portfolio Management

Global & Regional Studies Courses of BBM at Lee Kong Chian School of Business

Lee Kong Chian School of Business at Singapore Management University Global & Regional Studies Choose International Economics, and one of the following: International Business Law & International Business Business Study Mission (BSM) Tax Planning Economic Development in Asia Doing Business in China : Communication and Business Approaches Intellectual Property Rights Global Financial Risk Management

Corporate Finance Course of MSc in Finance at Lee Kong Chian School of Business

Lee Kong Chian School of Business at Singapore Management University Corporate Finance This course will survey the most important theoretical concepts in the field of corporate finance. Topics include capital structure decisions, corporate payout policy (dividend policy), security design, initial public offering, agency problems in the firm, optimal financial contracting, bankruptcy and financial distress, mergers and acquisition and the market for corporate control, and issues in corporate governance. The structure of this course is to synthesise key empirical and theoretical papers. The objective is to expose students with influential papers and discuss new or current research.

Advanced Derivatives Analysis Course at Lee Kong Chian School of Business

Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University Advanced Derivatives Analysis This module builds on and extends the coverage of the basic module Derivatives Analysis. The basic concepts will be reinforced with some degree of modelling skills including the building of simple PDEs using Ito's lemma. Some ideas of extension of Black-Scholes and other adaptations to different commodities and financial instruments will be provided. More sophisticated theories such as forwards versus futures pricing, and interest rate swaps versus interest rate futures will be covered. Interest rate derivatives such as caps, floors, and others

Investment Banking Track Courses of BBM at Lee Kong Chian School of Business

Lee Kong Chian School of Business at Singapore Management University Investment Banking Track (IBT) SMU will launch a new Investment Banking (IBT) Track in 2008 under the Bachelor of Business Management Programme. Students interested in the IB Track are required to pursue Finance as a major. You will need to declare FNCE with Track in IBT as your major and you must take the following courses : 1. Corporate Reporting & Analysis of Financial Statements 2. Financial Instruments, Institutions & Markets 3. Investment Banking 4. Corporate Finance 5. Entrepreneurial Finance 6. Any 3 Finance Electives under the subject area of FNCE (i.e.

Microeconomics Course of MSc in Finance at Lee Kong Chian School of Business

Lee Kong Chian School of Business at Singapore Management University Microeconomics (Common Research Foundation Course for MSc in Finance) This course covers the main building blocks of modern economic analysis. It covers topics such as consumer behaviour and the theory of demand; production, cost, and supply functions; choices under uncertainty; competitive equilibrium; monopoly, price discrimination, monopolistic competition, oligopoly, duopoly models; game theory; factor demands; general equilibrium theory and welfare economics; information theory; externalities and public goods.

Empirical Finance Course of MSc in Finance at Lee Kong Chian School of Business

Lee Kong Chian School of Business at Singapore Management University Empirical Finance This course will introduce key empirical research methodologies in financial economics. It will illustrate the use of econometric methods in analyzing financial data, such as stock and bond prices, interest rates, foreign exchange rates, commodity and futures prices and option prices. Topics include tests of asset valuation models such as capital pricing model, multifactor pricing models, derivative pricing models, term structure of interest rates models and event-study analysis.

Financial Statement Analysis 1 Course at Lee Kong Chian School of Business

MSc in Applied Finance Course Lee Kong Chian School of Business at Singapore Management University Financial Statement Analysis 1 This module provides an introduction to key accounting concepts and knowledge. Accounting objectives, conventions and standards, and the rules that govern disclosure are examined. Other topics include ratio and cash flow analysis, analysis of inventories and analysis of long-lived assets.

Econometrics MSc in Finance Course at Lee Kong Chian School of Business

Course of MSc in Applied Finance Lee Kong Chian School of Business at Singapore Management University Econometrics (Common Research Foundation Course forMSc in Finance) This course covers the basics of regression methods applied to the analysis of economic data. It focuses on the fundamental assumptions in the setup of an econometric model, the estimation techniques (ordinary least squares and generalised least squares) and their properties under correct and incorrect assumptions (serial correlation, heteroscedasticity, omitted variable, multicollinearity and measurement errors), and the model diagnostics and selection methods. Both time series and cross section data are discussed. Basic knowledge in statistics, calculus

Term 2 Courses of MSc in Applied Finance at Lee Kong Chian School of Business

Lee Kong Chian School of Business at Singapore Management University Term 2 Financial Statement Analysis 3 Advanced Quantitative and Economic Analysis Advanced Equity Analysis Advanced Fixed Income Analysis Advanced Derivatives Analysis Financial Modeling

Address of Lee Kong Chian School of Business

Lee Kong Chian School of Business Singapore Management University 50 Stamford Road Singapore 178899