ISEG > Estrutura > Unidades Académicas > Gestão > Unidades Curriculares > Risk Management

Risk Management (RSKM-DMAEG)

Área

AC Gestão > UC Doutoramentos

Activa nos planos curriculares

Matemática Aplicada à Economia e à Gestão > Matemática Aplicada à Economia e à Gestão > 3º Ciclo > Unidades Curriculares Optativas > Optativa 2 > Risk Management

Nível

Doutoramento (D)

Tipo

Não Estruturante

Regime

Semestral

Carga Horária

Aula Teórica (T): 0.0 h/semana

Créditos ECTS: 6.0

Objectivos

Risk management in the energy sector is increasingly relevant. Students will consider the uncertainty factors prevailing at an international level, with an emphasis on the political instability in critical fuel supply regions, the level of fossil fuel reserves, and the sophistication of the energy markets. They will develop an integrated understanding of the risk implicit in decision making.

Programa

- International energy markets in a financial perspective: risk exposure, futures, futures curves and their implications for hedgers;
- Risk models for the energy markets: behavior of the futures curve, the volatility of the energy prices, the volatility and the risks inherent to futures options;
- The derivatives as a model for securing energy risk: risk and tolerance, determinants for derivatives structure, comparing OTC and NIMEX, financial instruments in the energy sector;
- Managing the risk associated with credit: risk profile elaboration, fiscal systems and risk management, assessing the risk of nations;
- Managing operational risk: definition and determinants of operational risk, management of supply risk, contractual strategies, management of accidents, measuring operational risks;
- Managing the risk associated with pollutant gas emissions: market analysis, risk determinants, securing emission risks.