Vrije Universiteit Amsterdam
Amsterdam, The Netherlands
Area of Study
Taught In English
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 Credits3
Recommended U.S. Quarter Units4
Hours & Credits
After taking this course you will be able to:
i) explain the concepts of risk and uncertainty;
ii) recognize various forms of risk and uncertainty in situational contexts;
iii) explain and apply several methods to measure and manage risks (a.o. Value at Risk, Expected Shortfall)
iv) explain and apply several methods to reduce or minimize risks (a.o. diversification, hedging)
This course is an introduction to the field of risk management. It focuses on obtaining a broad understanding of the concepts of risk and uncertainty and how they can arise in a variety of (not necessarily financial) settings. The course builds upon knowledge acquired in other Business Analytics courses in the first, in particular Probability Theory and Operations Research. The course is also closely related to Project Business Analytics 2, which is taught simultaneously.
Lectures and tutorial groups.
TYPE OF ASSESSMENT
Individual assignments and a written exam.
Courses and course hours of instruction are subject to change.
Some courses may require additional fees.