Course description

The subject of the discipline “Financial Risk Management” is the theoretical and methodological principles of organizing the processes of identification, analysis, evaluation, regulation, monitoring and control of financial risks in the activities of economic entities.

The purpose of the discipline “Financial Risk Management” is the consistent formation of students’ knowledge of the basic principles of theory and practice of risk management in the field of financial relations of economic entities.

The main tasks of studying the discipline “Financial Risk Management” are:

• study of theoretical and organizational principles of financial risk management in the field of relations of economic entities;
• study of financial risk as an economic category;
• acquaintance with categorical properties of financial risk, systems of classification and typology of risk;
• consideration of the main forms of financial risk, methods and consequences of their manifestation;
• study of methodological and methodological apparatus of risk research;
• study of risk management systems, risk reduction methods;
• study of the content and basic approaches to the organization and functioning of the risk management system in the activities of corporations and institutions participating in financial relations;
• analysis and assessment of financial risks in various categories.