University of St Andrews

Key information

SCOTCAT credits : 20

ECTS credits : 10

Level : SCQF level 11

Semester: 2

Planned timetable: To be arranged.

This module provides the student with an introduction to standard techniques in risk and insurance. The implementation of sound quantitative risk models to assess and insure against risk is a vital concern for all financial institutions. The module provides a comprehensive treatment of the theoretical concepts and modelling techniques of quantitative risk management. It provides students with practical tools to solve real world problems, in the context of portfolio management and credit risk. A major theme underlying all topics is the importance of ambiguity, especially regarding partial knowledge of asset distributions and investor preferences. Throughout we will relate the class discussion to current economic conditions.

Relationship to other modules

Pre-requisite(s): Before taking this module you must pass EC5601

Learning and teaching methods and delivery

Weekly contact: Lectures and tutorials.

Assessment pattern

As used by St Andrews: 2-hour Written Examination = 50%, Coursework = 50%


Re-assessment: 2-hour Written Examination = 100%

Personnel

Module coordinator: Dr M Zhang
Module teaching staff: Dr Min Zhang
Module coordinator email mz47@st-andrews.ac.uk