European Master and Certification Program
in Risk Engineering and Management

XIII-D-R47:
Practical Example: Workshop Business and Financial Risks

Course code: 175573
Language of instruction: English
Lecturers: Ph.D. Reto Schneider (SWICA Gesundheitsorganisation), Prof. Dr. Dr. h.c. Dirk Linowski (Steinbeis University Berlin)
Assessment: Defined in the module

Short description

Practical examples with the state-of-art tools are applied by the student.

Objectives

Participants are expected to: 

-Know how to run the value-at-risk model and the conditional value at-risk model
-Interpret the results appropriately

Applications refer to asset portfolios, medium and large sized companies, and national economies, respectively.

Target Attendees / Participants

University students of Steinbeis European Master Program in Risk Engineering and Management, and similar programs.

Course Content by Units

Collecting and organizing the ‘right’ data

Performance of goodness-of-fit tests

Computation of the risk measures for different confidence levels and time horizons, respectively

Discussion and interpretation

Teaching Methods

Guided application of learned concepts through state-of-art tools.
Case study.

Literature

-Aswath Damodaran (2007). Strategic Risk Taking: A Framework for Risk Management, Pearson Prentice Hall
-P. Best (1999). Implementing Value at Risk (Wiley Series in Financial Engineering), Wiley
-Carol Alexander (2009). Market Risk Analysis, Value at Risk Models (Volume IV), Wiley
-Gunter Loeffler, Peter N. Posch (2007). Credit Risk Modeling using Excel and VBA (The Wiley Finance Series)
-Marco Corazza, Pizzi Claudio (2010). Mathematical and Statistical Methods for Actuarial Sciences and Finance, Springer


For more information about the European Master and Certification Program in Risk Engineering and Management in general, go the Homepage.
For more information about the European Master Program in Risk Engineering and Management in general, go the Master Study page.
To see more courses in the curriculum, go to The curriculum page, or by date and topic go to the Calendar of Courses page.
Contact: via email sti889@risk-technologies.com or phone +49 711 1839 781 or +49 711 1839 647
(Course profile ID: XIII-D-R47:, generated on November 19, 2018)