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We are aiming for an incremental return to campus in accordance with guidelines provided by NSW Health and the Australian Government. Until this time, learning activities and assessments will be planned and scheduled for online delivery where possible, and unit-specific details about face-to-face teaching will be provided on Canvas as the opportunities for face-to-face learning become clear.

Unit of study_

AMME5105: Risk Management Analysis

Syllabus covers methods involved in quantifying and measuring risk. Risk measurement techniques; Risk factors; Linear and nonlinear risks; Volatility; Scenario analysis; Stress testing; Value at risk (VAR) frameworks and their limitations. Comparison will be made to real word outcomes using case studies. The handling of "unknown unknowns" and how to incorporate these into a risk analysis will be investigated. An introduction to common financial instruments will be presented.

Code AMME5105
Academic unit Aerospace, Mechanical and Mechatronic
Credit points 6
Prerequisites:
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None
Corequisites:
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None
Prohibitions:
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None

At the completion of this unit, you should be able to:

  • LO1. determine acceptable levels of financial risk and ways to manage or mitigate where unacceptable
  • LO2. complete and properly document a group project, partake in group discussions and be able to articulate and present your work and generate and answer questions from the audience
  • LO3. understand industry practice around risk quantification
  • LO4. perform calculations to quantify risk under various scenarios.

Unit outlines

Unit outlines will be available 2 weeks before the first day of teaching for 1000-level and 5000-level units, or one week before the first day of teaching for all other units.

There are no unit outlines available online for previous years.