FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS

Risk Management

Unit I
Financial Risk: Introduction and Evolution, Types of Risks (Market, Credit, Liquidity, Operational),Identification of different forms of Risk (Currency, Interest Rate, Equity, Commodity), Significance of Risk Management, Risk Management Tools, Risk Control & Risk Financing, Introduction to Fraud Analysis, Types of Frauds, Fraud Triangle, Fraud Detection vs Audit (10 Hours)
Unit II
Structure of Insurance Market, Risk Aversion and Demand for Insurance (By Individuals and Corporations), Insurability of Risk, Risk Retention and Reduction Decisions. Types of Insurance, Costs and Benefits of Insurance, Risk Pooling, Insurable Risks vs. Hedging, Underwriting, Pricing in Insurance, Actuarial Services: Concept and Applications in Finance (10 Hours)
Unit III
Probability and Distribution of Asset Prices, Implied Volatility, Extreme Value Theory – Basic Principles, Value at Risk: Concept, Computations and Applications (10 Hours)
Unit IV
Risk & Forecasting issues in Asset Prices, Modeling Risk Factors, Interest Rates and Currency Risk Analysis in Global Investing, Currency Risk Analysis, Risk Analysis in Forex Markets, Risk Management in Fixed Income Securities. Legal Aspects of Risk Management and Insurance, Integrated Risk Management Framework, Risk Reporting, Risk Budgeting, Setting Risk Limits. Case Discussions