BUS5800

Risk management models for business

(IT)

D R Mather

6 points + 2-hour lecture and 1-hour tutorial per week + Second and summer semesters + Clayton + Prohibitions: BUS3800

Synopsis: This subject gives students a practical introduction to spreadsheet-based risk management modelling. The subject material will be presented through a series of business case studies covering numerous applications of risk analysis. Computer methodology will be taught on Microsoft Excel using advanced modelling tools and the students will also be introduced to the most widely used risk analysis software in industry. Risk analysis methods taught will include scenario analysis and simulation. Students will also be introduced to a framework for building effective spreadsheet based decision models.

Assessment: Examination (2and 1/2 hours): 80% + Computer-based modelling assignment: 20% + Students must pass the examination in order to pass the subject