course-details-portlet

FIN3501 - Credit risk

About

Lessons are not given in the academic year 2024/2025

Course content

This course gives an in-depth review of central models of credit risk. The course will start with an introduction to stochastic modelling using Brownian motions. There will also be an introduction to numerical methods (Monte Carlo simulations)

Learning outcome

Knowledge

You learn

  • Mathematical modelling of risk and numerical methods to account for risk
  • what credit risk is
  • what factors are relevant to determine credit risk
  • how capital structure decisions and credit risk are interrelated

Skills

You should be able to

  • understand and explain what risk is
  • make use of models for credit risk to analyze risk
  • estimate the value of credit risky assets
  • use ratings to assess credit risk

General competence

You should be able to

  • use advanced economic models to assess credit risk

Learning methods and activities

2 hours of lectures every week. The course has compulsory activity. Specific requirements will be announced at the beginning of the term. The term papers can be written as a joint project.

Compulsory assignments

  • Compulsory aktivity

Further on evaluation

4 hours written school exam.

Required previous knowledge

None

Course materials

Announced at the beginning of the term

More on the course

No

Facts

Version: 1
Credits:  7.5 SP
Study level: Second degree level

Coursework

No

Language of instruction: English

Location: Trondheim

Subject area(s)
  • Financial Economics
  • Economics
  • Economics and Administration
Contact information

Department with academic responsibility
Department of Economics

Examination

  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

More on examinations at NTNU