Spring of every year
Total Credits: 3 Lecture/Recitation/Discussion Hours: 3
(FI 311 or FI 320) and (STT 200 or STT 201 or STT 231 or STT 315 or STT 351 or STT 421 or STT 441) and FI 380
Knowledge of calculus is recommended but not required.
Open to students in the Insurance and Risk Management Minor or approval of department.
Ways in which risks are quantified and managed by financial institutions. Nature of financial institutions and their regulation, the Basel Accords, coherent risk measures, value at risk, copulas, credit risk, operational risk, liquidity risk, and the financial crisis of 2007.