Asset Pricing and Risk Management

Catalog description

Much of financial valuation is based on the trade-off between returns (i.e., profit) and risk (i.e., volatility of returns). This core understanding of the correlation between return and risk permeates all areas of finance from banking to brokerage to investment management. The primary purpose of Asset Liability Management within banking is to ensure that the bank is sufficiently capitalized to provide a cushion for risk exposure, while continuing to enable growth and profitability. In this course, students will learn about various financial, macroeconomic, business, and technology risks, as well as the tools and methodologies for quantitative assessment of risk and performance.