Skip to content
Home » Course Catalogue » MBA Electives » RSM2308H – Financial Risk Management (Spring 2023)

RSM2308H – Financial Risk Management (Spring 2023)

General Information


Promotional Video

Applicable Emphases:
(m) = Main, (s)= Supplemental

  • Finance (s)

Applicable Major(s):
(c) = Core, (r) = Recommended

  • Risk Management and Financial Engineering (c)

Target Audience

Students expecting to work in finance, particularly those who would like to work for a bank, insurance, or other large financial institution. RSM2308 is a core course for the Risk Management and Financial Engineering major and a Supplemental course for the Finance emphasis.


12 regular sessions

Course Mission

To explain important issues concerned with the way financial institutions manage risks. Bank regulations including Basel III and Dodd-Frank will be covered. Many of the topics are applicable to non-financial corporations.

Course Scope

This course addresses the way companies, particularly financial institutions, manage risk. It covers credit risk, market risk, operational risk, and model risk. The nature of bank regulation and the Basel capital requirements for banks are examined.  Other topics include copulas and the calculation of economic capital. The course also covers recent regulatory changes and macroprudential policies that have significant impacts on the Canadian and international capital markets.    

Evaluation and Grade Distribution

ComponentDue DateWeight
Group Assignment 1Week 510%
Group Assignment 2Week 1215%
Group In-Class PresentationWeek 715%
Individual In-Class ParticipationOngoing10%
Final ExamExam Week50%

Required Resources

“Risk Management and Financial Institutions” by John Hull, fourth edition, Wiley.

Online subscription to the Wall Street Journal ( – used for classroom is discussions

Last Updated: 2022-06-06 @ 2:48 pm