The financial crisis demonstrates how rapidly market conditions can subject banks to significant strain or even their collapse, hence the need for identifying, testing, and reducing vulnerabilities at banks and other financial institutions. For this reason, stress testing is occupying a prominent place in the risk management areas, macro-prudential regulation and financial supervision of banks and financial institutions.The course aims to provide a solid knowledge of stress testing methodologies using severe scenarios and a set of benchmark assumptions as an important tool in macro-prudential frameworks, risk-management practices, and financial supervision at banks and financial institutions. Through the use of case studies during class time, the course covers both bank and individual portfolio stress testing techniques, as well as macro stress testing. The participants will be able to develop and carry out a comprehensive stress test programme throughout the development of tools and extensive comparison with real-life banking cases and practical examples in order to test the strength and resilience of portfolios, banks and financial systems as a whole in the worst scenarios and under sudden shocks. To this end, the participants will access to the data they need and work during class time to make informed decisions about the resilience of banks as part of an ongoing process to identify and reduce vulnerabilities.

Course leader
Teacher: Samuel Da Rocha Lopes: http://pure.au.dk/portal/da/persons/id(b7887b2f-1741-458d-af74-74be4d0c6aa9).html

Target group
Students holding a relevant Bachelor's degree within Business Administration.

Course aim
Master's Level

Fee info
EUR 667: Price: Students holding a preapproval including exchange students do not pay for the course.ONLY Free-mover students and Tomplads students MUST pay for the course: Danish and EU/ES (tomplads): 667 EURNON-EU-ES students (free-mover): 998 EURBooks, course materials, social programme, and housing are not included in the tuition fee. Also be aware of course specific expenses mentioned in the description. EUR 998: Fee ..

Scholarships
No scholarships available.

Aarhus University
Address: International Centre, H%C3%B8egh Guldbergsgade 4-6
Postal code: 8000
City: Aarhus
Country: Denmark
Website: www.au.dk/summeruniversity
E-mail: dfs@au.dk
Phone: +4551335274