RISK MANAGEMENT & RISK DECISION ANALYTICS (4 CREDITS)

Learning Outcomes:

On successful completion of this course, students will be able to: Evaluate various risks in financial decision making especially the implications to companies; Develop and assess appropriate method to measure quantitatively individual and aggregate impact of risks; Develop, evaluate and recommend correct hedging/risk mitigation strategy and technique; Develop and evaluate a set of risk management policy and tools in organizational level; Develop and evaluate risk monitoring, assessment and control tools that integrated with the company objective.

Topics:

1. Overview of Risk Management;
2. Risk Typology;
3. Overview of ERM;
4. ERM Framework;
5. Risk Governance structure and Policies;
6. Risk Assessment Method;
7. Risk Monitoring, Reporting and Managing Feedback;
8. Operational Risk and Model Risk Management;
9. Economic Capital and Risk Pricing;
10. Strategic Risk Management, Risk Based Performance Management and ERM Case studies;
11. Enrichment Activity: LAB Quantitative Risk Analytics part 1;
12. Enrichment Activity: LAB Quantitative Risk Analysis part 2;
13. Enrichment Activity: Guest Lecture Quantitative Risk Analytics part 3;
14. Enrichment Activity: LAB Constructing Enterprise Risk Management Tools;
15. Enrichment Activity: LAB Case Studies of Risk Management Failure;
16. Enrichment Activity: Guest Lecture Implementing ERM an Indonesian Company context;
17. Risk Management in Digital Era.