FNCE 90046 The real risk to an organization is in the unanticipated or unexpected
June 8th, 2024
“The real risk to an organization is in the unanticipated or unexpected – exactly what quantitative measures capture least well” Coleman T, (2011), A practical Guide to Risk Management, The CFA Institute, p202.Required: Describe a model that is considered to be important in the area of financial risk modelling. Discuss the advantages and limitations of this model in a practical risk setting.