Duration
60h Th
Number of credits
| Specialised master in financial risk management | 6 crédits |
Lecturer
Language(s) of instruction
French language
Organisation and examination
Teaching in the second semester
Schedule
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
- General principles for financial modeling : perfect market, valuation model, arbitrage opportunity
- Shares
- return, risk and valuation
- market efficiency
- portfolio diversification
- CAPM
- performance and portfolio management strategies
- evolution models
- valuatiuon, risk and characteristics
- yield curves
- bond portfolio management strategies
- evolution models
- general characteristics and option strategies
- valuation models
Learning outcomes of the learning unit
Being able to master mathematical models linked with financial products
Intended Learning Outcomes addressed by the course :
- Strengthening the general knowledge and the understanding of the corporate and market finance matters
- Gaining deep knowledge and understanding in the financial risk management
- Understanding and being able to use modelization tools in the financial field
- Developing a transversal, global vision
Prerequisite knowledge and skills
- Basic mathematical (calculus), probabilistic (random variables) and stotistical (regression) tools - Description of financials products
Planned learning activities and teaching methods
Face-to-face Numerical applications with computer (spreadsheet)
Mode of delivery (face to face, distance learning, hybrid learning)
Organisational adjustments related to the current health context
Recommended or required readings
ESCH L., KIEFFER R., LOPEZ T., Asset and Risk Management, Wiley, 2005
Assessment methods and criteria
Below you will find information on the evaluation methods planned for in-person and remote exams as well as those planned for hybrid sessions. Depending on how the health crisis evolves, the chosen method will be communicated to you no later than one month before the start of the exam session.
Any session :
- In-person
written exam ( open-ended questions )
- Remote
written exam ( open-ended questions )
- If evaluation in "hybrid"
preferred in-person
Additional information:
Written exam, with a practical part on computer
Work placement(s)
Organizational remarks
Contacts
Louis Esch & Célia Paquay HEC-Ecole de gestion de l'Université de Liège (bâtiment N1) Tél : 04/232.73.00 e-mail : louis.esch@ulg.ac.be & cpaquay@uliege.be
Items online
syllabus
.