Introduction to Data Science and Quantitative Methods in Risk Management

Introduction to risk management practices in Finance. Students will learn various forms of risks facing a financial institution, including market risk, credit risk, and operational risks, etc. Class discusses how data science and quantitative methods are used to model and measure these risks to make optimal management decisions. The course will involve case studies of failures of large financial institutions. Important focus on ways to manage and hedge risks using derivatives. Introduction to financial products and derivatives, including options, futures, and swaps, etc.