Stud.IP Uni Oldenburg
University of Oldenburg
24.07.2019 00:53:26
wir843 - Financial Risk Management
Original version English PDF download
Module label Financial Risk Management
Module code wir843
Credit points 6.0 KP
Workload 180 h
Faculty/Institute Department of Business Administration, Economics and Law (Business studies)
Used in course of study
  • Master's Programme Business Administration, Economics and Law > Schwerpunkt "Auditing, Finance, Taxation" (AFT)
  • Master's Programme Business Informatics > Module der Wirtschafts- und Rechtswissenschaften (Master)
Contact person
Module responsibility
Authorized examiners
Entry requirements
Skills to be acquired in this module
The aim of the course is to provide students with a thorough knowledge of how to identify, classify, measure, and manage different types of financial business risks. In particular, we will discuss the properties and potential applications of derivatives in financial risk management. Upon completion of this module students
• will have a sound understanding of the concept of risk management, and will be able to distinguish different types of financial risks and risk management approaches;
• will be able to devise hedging strategies, arbitrage strategies, and speculative strategies using financial derivatives such as futures contracts, forward contracts, options, and swaps;
• will be able to consistently apply valuation models to determine theoretical prices of financial derivatives.
• will be able to assess limitations of financial derivatives in risk management.
Module contents
The course provides insights into the theory and practice of modern financial business risk management, including:

• the concept of risk, types of financial risks, and approaches to risk measurement;
• the mechanics of financial markets, including derivatives markets;
• the properties of selected financial instruments, including financial derivatives such as forwards, futures, options, and swaps;
• tools and techniques for managing financial risks.
Reader's advisory
Highly recommended readings:
• John C. Hull, Options, Futures, And Other Derivatives, current edition, Pearson.
• Aswath Damodaran, Strategic Risk Taking: A Framework For Risk Management, Pearson 2008.
Optional readings:
• John C. Hull, Risk Management and Financial Institutions, latest edition, Pearson.
• John C. Hull, Fundamentals of Futures and Options Markets, latest edition, Pearson.
Further readings may be announced during the course.
Language of instruction English
Duration (semesters) 1 Semester
Module frequency halbjährlich
Module capacity unlimited
Modullevel ---
Modulart je nach Studiengang Pflicht oder Wahlpflicht
Lern-/Lehrform / Type of program 2 lectures or 1 lecture and 1 seminar
Vorkenntnisse / Previous knowledge
Examination Time of examination Type of examination
Final exam of module
typically at the end of the semester; potential mid-term examination dates will be announced in the first session
1 term paper (Hausarbeit) or 1 written exam (Klausur) or 1 oral exam (mündliche Prüfung) or 1 Portfolio
Course type Lecture
SWS 4.00
Frequency --
Workload attendance 56 h