Pusan National University
Busan, South Korea
Area of Study
Finance, Financial Management, International Business, International Trade
Taught In English
Students are required to have basic understanding related to investments, financial markets, and derivatives such as futures, options, and swaps at least.
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits0
Recommended U.S. Quarter Units0
Hours & Credits
This course is designed to study effective ways of managing financial risks and the latest risk management tools from the perspective of financial institutions as the center. This course includes comprehensive topics related with risk management such as risk-return tradeoff, financial instruments, Greeks, VaR(Value at Risk), management of interest rate risk, market risk, credit risk, liquidity risk and operational risk, etc. Through this course, students can understand the basic concepts of risk management and how it is the important job in the financial institutions.
This course is designed to train students who are interested in evaluating and managing risks using an enterprise-wide approach. Most of the course deals with financial risks. The course starts with an introduction of risk-return tradeoff, financial instruments and measuring risk
exposure. The study of the traditional financial risks (interest rate, market and credit risks, etc) and risk management tools for each risk is presented next. We will also study operational, liquidity and model risks which are recently receiving attention. The course then discusses bank regulations and securitization. The material is necessarily analytical and quantitative, but the course does not require knowledge
of mathematics and statistics beyond the level of undergraduate course. Students will learn how to manage financial risks through lectures, exercises and cases study for assignments. Students have to do three assignments. The first assignment(individual assignment) is a case study for the failure of risk.
- Lecture notes edited by prof. Jin Woo Kim, 2018.
- Risk Management and Financial Institutions, 3rd edition, John C. Hull, 2013, Wiley