Nach positiver Absolvierung der Lehrveranstaltung sind Studierende in der Lage:

After successful completion of the course, students are able to:

• conceptualize scientific research according to 1) problem statement, 2) expected result, 3) research methodology and 4) academic literature from scholarly journals
• perform profound literature analyses
• solve specific problems with scientific methods
• present the results in written and oral format

The aim of this year’s Risk Management seminar is to investigate predictive analytics via the data.tree package from “R”

• in finance: to determine option prices (replication approach from Cox/Ross/Rubinstein) by evaluating stochastic data trees that model the future uncertainty related to the option’s underlying (e.g. stocks in the case of stock options)

• in budgeting: to optimize the expected multi-period profit in the Sales & Operations Planning (S&OP) context by evaluating stochastic data trees that model the future uncertainty related to the future demand developments

Scientific approach to problem solving

• presentation and content of research proposal
• content of seminar thesis
• presentation of seminar thesis

Grundkenntnisse aus folgenden Fächern:

* Controlling

* IT-based Management

* Enterprise Risk Management (Fundamentals)

* Risk-based Performance Managemen