BIA 670 Risk Management and Simulation

Theoretical and practical aspects of risk assessment and management will be covered. Major topics include: Importance of innovation and technological changes in current competitive environment, risk and uncertainty, decision trees, binomial methods and derivation of Black-Scholes option pricing formula, extension of option methodology to non-financial (real) options, VAR (value at risk), a framework of risk assessment, and several real-world case studies. The course is designed for all students in the School of Technology Management.

Credits

3

Prerequisite

CS 505 or NIS 505/TM 605

Distribution

School of Business

Typically Offered Periods

Fall Semester Spring Semester