NBA 5500

Last Updated

  • Schedule of Classes - August 2, 2023 12:50PM EDT
  • Course Catalog - April 3, 2023 12:59PM EDT

NBA 5500
Risk Management and Derivative Investment

Course information provided by the Courses of Study 2022-2023. Courses of Study 2022-2023 is scheduled to publish mid-June.

Risk management describes the science of managing the risk of a firm's or individual's balance sheet. To present this science, first the relevant traded securities, including derivatives, are reviewed. Second, the relevant risks are discussed: market, credit, liquidity, and operational. Third, theoretically optimal risk management procedures are studied. Although infeasible in practice, these provide the conceptual foundation for practical risk management methodologies. Fourth, the practical risk management methodologies are presented including dynamic hedging, super- and sub- replication, and static hedging. Last, this science is applied via a class paper analyzing a recent risk management failure using the insights learned during the semester.

When Offered Fall.

Prerequisites/Corequisites Prerequisite: core finance course or equivalent.

View Enrollment Information

Syllabi: none

  •   Regular Academic Session. 

  • 3 Credits Opt NoAud

  • 16941 NBA 5500   LEC 001

  •  
    • MW
    • Aug 22 - Nov 6, 2022

    • Jarrow, R

    • M
    • Nov 7, 2022

    • Jarrow, R

    • MW
    • Nov 8 - Dec 5, 2022

    • Jarrow, R

  • Instruction Mode: In Person
    Enrollment limited to: Johnson, Graduate and undergraduate Seniors. Add/Drop Dates: August 15th at 9:00am thru September 6th at 11:59pm. After September 6th permission of the instructor is required to add/drop and a late fee of $100.00 will be charged. If you are dropping after October 17th you will also receive a "W" on your transcript in addition to the late fees. There will be no enrollment from a wait list into a class if you have a time conflict or will put you over your maximum allowed credits. This course counts as a Management Science Elective.