Cash Flow & Risk Management

Course details

Risk management and along with it derivative pricing and trading, is, if not the most important but one the most well spoken topics of finance, academic as well as practice. We attempt to develop sufficient understanding of derivative instruments and markets as major tools of risk management. This will hopefully enable us to understand institutional details of the their markets; participants (hedgers, speculators, and arbitrageurs) and their strategies (hedging, speculation, arbitrage).

Course Outline:

As a course in risk management, we first, attempt to introduce basics of risk measurement and review the well-known tools used in risk management, namely derivative securities.
We then move to detail discussions about applications of these instruments in risk management.
This course would cover following topics:

• Introduction to Risk Management
• Corporate Perspective on Risk Management
• Measurement of Risk
• Futures and Forwards
• Cash Flow at Risk (CaR)
• Value at Risk (VaR)
• Interest Rate Risk Management
• New Developments & Products
• Concluding Topics