ECN 4500 - Risk Management

(3)

Review of interest rate theory, probability theory, and probability distributions. Development of a variety of actuarial and risk models such as contingent payment models; life contingency models; frequency, severity and aggregate claims models. Risk metrics such as standard deviation and Value at Risk (VAR). Identical with (APM 450 or APM 4550). Cannot be used as an elective for the economics major or minor. Usually offered during summer semesters. (Formerly ECN 450) Satisfies the university general education requirement for the capstone experience.
Prerequisite(s): (FIN 322 or FIN 3220) and (ACC 301 or ACC 3010) and (STA 427 or STA 4227) with a grade of 2.0 or higher.