[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-184182-en":3,"doc-seo-184182-105":30,"detail-sidebar-cat-0-en-105":95},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":27,"seo_description":14,"update_tm":28,"read_time":29},184182,687207412472,"Angel","https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d",8,"Research & Report","Tural Gasimov - Risk Management - FIN 455","Course FIN 455 Risk Management (3KU/6ECTS) for undergraduate students in Spring 2022 introduces risk management in financial institutions. The syllabus covers risk identification and management, enterprise risk management and corporate governance, and the relationship between governance, internal control, and risk management across multiple process stages. It separately examines internal and external influences, includes quantitative risk focus such as market, credit, and liquidity risks, and uses Basel accords and one Harvard business case with analysis and presentations.","| Identification | Subject (code, title, credits) | FIN 455 Risk Management-3KU/6ECTS credit |\n| --- | --- | --- |\n|  | Department | Economics and Management |\n|  | Program (undergraduate, graduate) | Undergraduate |\n|  | Term | Spring 2022 |\n|  | Instructor | Tural Gasimov |\n|  | Classroom/hours | Khazar University (Neftchilar Campus) 11 Mahsati Street; Thursday 10:10-13:40, |\n|  | Office hours |  |\n| Prerequisites | FIN 310: Fundamentals of Financial Management |  |\n| Language | English |  |\n| Compulsory/Elective | Compulsory |  |\n| Required textbooks and course materials | Core textbook:\u003Cbr>John C. Hull, Risk Management and Financial Institutions, 4th edition, Wiley Pub, 2015\u003Cbr>Supplementary textbook:\u003Cbr>John C. Hull, Options, Futures, and Other Derivatives, 8th edition, Pearson Ed, 2012 (or later)\u003Cbr>Michel Crouhy, Dan Galai, and Robert Mark, The Essentials of Risk Management, 2nd ed (or later)\u003Cbr>2018 FRM Exam Part I, II Books |  |\n| Course outline | This course provides an introduction to risk management in institutions. It looks at why\u003Cbr>you need to manage risk, identification and management of risks, as well as current issues. It covers the impetus behind enterprise risk management and the related corporate governance. It explains the relationship between corporate governance, internal control and risk management. It deals with different stages within the overall risk management process. It examines internal and external influences separately. |  |\n| Business Case | There will be one Harvard business case in order to combine theoretic concepts with real world cases. Students expect to make write-up as well as present results. Case will focus on quantitative RM, mainly market, credit, liquidity risks as well as Basel accords. |  |\n| Course objectives | This course will examine the way in which business and society make an assessment of, control and transfer risk. It is designed for the student with no previous knowledge of risk management. This course focuses on the ways in which businesses and society assess, control, and transfer risk. This process, known as the risk management process, is becoming an increasingly important tool in the management of business and personal financial health. An effective and efficient corporate risk management program leads to knowledge\u003Cbr>and control of costs and an improved bottom line. The risk management process |  |\n\n\n|  |  | involves identification of risks and associated potential costs, analysis of the causes of risk of financial loss, determination of various strategies to treat risk, selection of strategies appropriates to the goals and objectives of the business, implementation of the selected strategies, management and monitoring of results. Making adjustments, adapting to external and internal forces, and crisis or disaster management are incorporated in the corporate risk management process. |  |  |\n| --- | --- | --- | --- | --- |\n| Learning outcomes |  | The goal of this course is to engage students in active discovery of risk management principles. Students will be prepared to function in a business environment, developing an awareness of the challenges, the tools, and the process of designing and implementing a risk management program. An effective risk management program will reduce losses, and improve financial performance and employee morale. |  |  |\n| Teaching methods |  | Lecture |  | x |\n|  |  | Group discussion |  | x |\n|  |  | Experiential exercise |  | x |\n|  |  | Case analysis |  | x |\n|  |  | Simulation |  | x |\n|  |  | Course paper |  | x |\n|  |  | Others |  | x |\n| Evaluation |  | Methods | Date/deadlines | Percentage (%) |\n|  |  | Midterm Exam |  | 30 |\n|  |  | Activity |  | 5 |\n|  |  | Participation |  | 5 |\n|  |  | Business Case |  | 20 |\n|  |  | Final Exam |  | 40 |\n|  |  | Total |  | 100 |\n| Policy |  | Attendance: Students exceeding the 25% absence limit will not be allowed to participate at the final exam. Students are required to attend all classes","cbCaifDP8uTBpOV9","https://ap.wps.com/l/cbCaifDP8uTBpOV9","pdf",46802,1,4,"English","en",105,"# Course outline\n## Business case\n# Course objectives and learning outcomes\n## Teaching methods\n# Evaluation and policy\n## Tentative schedule\n## Textbook/assignments","[{\"question\":\"What are the prerequisites for FIN 455 Risk Management?\",\"answer\":\"The prerequisite is FIN 310: Fundamentals of Financial Management.\"},{\"question\":\"Which risk topics are emphasized in the course and business case?\",\"answer\":\"The course and Harvard business case focus on quantitative risk management, mainly market, credit, and liquidity risks, along with Basel accords.\"},{\"question\":\"How are students evaluated in this course?\",\"answer\":\"Evaluation includes Midterm Exam (30%), Activity (5%), Participation (5%), Business Case (20%), and Final Exam (40%).\"},{\"question\":\"What are the key attendance and participation policies?\",\"answer\":\"Students exceeding the 25% absence limit cannot participate in the final exam. Students are required to attend all classes, and class discussions strongly influence assessment of activity.\"}]","Tural Gasimov - Risk Management - FIN 455 | PDF",1788356803,10,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":90,"head_meta":92,"extra_data":94,"updated_unix":28},"tural-gasimov-risk-management-fin-455","",{"@graph":36,"@context":89},[37,53,68],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":50},"https://docshare.wps.com/document/research-report/",3,{"item":52,"name":13,"@type":43,"position":21},"https://docshare.wps.com/document/tural-gasimov-risk-management-fin-455/184182/",{"url":52,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":23,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":41,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-09-04","2026-09-02",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81,85],{"name":72,"@type":73,"acceptedAnswer":74},"What are the prerequisites for FIN 455 Risk Management?","Question",{"text":75,"@type":76},"The prerequisite is FIN 310: Fundamentals of Financial Management.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"Which risk topics are emphasized in the course and business case?",{"text":80,"@type":76},"The course and Harvard business case focus on quantitative risk management, mainly market, credit, and liquidity risks, along with Basel accords.",{"name":82,"@type":73,"acceptedAnswer":83},"How are students evaluated in this course?",{"text":84,"@type":76},"Evaluation includes Midterm Exam (30%), Activity (5%), Participation (5%), Business Case (20%), and Final Exam (40%).",{"name":86,"@type":73,"acceptedAnswer":87},"What are the key attendance and participation policies?",{"text":88,"@type":76},"Students exceeding the 25% absence limit cannot participate in the final exam. Students are required to attend all classes, and class discussions strongly influence assessment of activity.","https://schema.org",{"og:url":52,"og:type":91,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":93,"canonical":52},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":96},[97,101,105,109,114,119,124,127,132,135,138],{"id":20,"doc_module":4,"doc_module_name":46,"category_name":98,"show_sort_weight":99,"slug":100},"Story & Novel",90,"story-novel",{"id":47,"doc_module":4,"doc_module_name":46,"category_name":102,"show_sort_weight":103,"slug":104},"Literature",80,"literature",{"id":21,"doc_module":4,"doc_module_name":46,"category_name":106,"show_sort_weight":107,"slug":108},"Exam",70,"exam",{"id":110,"doc_module":4,"doc_module_name":46,"category_name":111,"show_sort_weight":112,"slug":113},5,"Comic",60,"comic",{"id":115,"doc_module":4,"doc_module_name":46,"category_name":116,"show_sort_weight":117,"slug":118},6,"Technology",50,"technology",{"id":120,"doc_module":4,"doc_module_name":46,"category_name":121,"show_sort_weight":122,"slug":123},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":125,"slug":126},30,"research-report",{"id":128,"doc_module":4,"doc_module_name":46,"category_name":129,"show_sort_weight":130,"slug":131},9,"Religion & Spirituality",20,"religion-spirituality",{"id":130,"doc_module":4,"doc_module_name":46,"category_name":133,"show_sort_weight":130,"slug":134},"World Cup","world-cup",{"id":29,"doc_module":4,"doc_module_name":46,"category_name":136,"show_sort_weight":29,"slug":137},"Lifestyle","lifestyle",{"id":139,"doc_module":4,"doc_module_name":46,"category_name":140,"show_sort_weight":110,"slug":141},19,"General","general"]