Dr Georgy Chabakauri & Dr Cameron Peng

Companies must take risks if they are to survive and prosper. The risk management function plays a critical role in understanding a company’s current exposure to risk and the risks it plans to take in the future.

This course is designed to develop your understanding of risk management practices to thrive in an increasingly competitive and complex business environment. Starting with an introduction to the classification of risk, diversification, hedging strategies, and optimal portfolio choice, you will move on to tackle important topics like how endogenous risk can be used to understand the origins of financial risk within the financial system. You will also explore behavioural aspects of risk and their impact on risk management practices.

This hands-on course allows you to apply the theory to real-world situations, giving you the tools and techniques needed to assess financial risk in various sectors, such as banking, insurance, asset management, hedge funds and regulation. By the end of the course, you will know how to critically assess risk management research and reports in an industry setting, understanding the limitations of quantitative risk management in real-life situations.