Risk management
- Enterprise Risk Management (ERM) :
- Comparative analysis of the different approaches
- Approaches of ERM for the insurance industry (Solvency II, COSO, Casualty Actuarial Society CAS, Society of Actuaries SOA, S&P ERM, National Association of Insurance Commissioners NAIC RBC, Basel II, etc.)
- Implication of ERM for corporations
- Development of tools and models for risk management
- Modern approaches for operational risk management
- Credit risk management models
- Market risk management models
- Risk-based capital allocation (e.g. VaR, CVaR)
Derivatives and financial engineering
- The credit derivaives market and its use in credit rsik management
- Analysis and pricing of derivatives products and alternative risk transfer instruments (CDS, CDO, energy and climate derivatives, interest rate derivatives, etc.)
- Analysis and pricing of credit insurances or financial guarantees
- Export Credit Agencies (ECA)
- Equity insurance
- Political risk insurance
- Analyse et évaluation des dérivés énergétiques, climatiques, etc.
- Instruments dérivés de taux d’intérêt
Portfolio management, investment and asset allocation
- Portfolio choice problem using Monte Carlo simulations
- Portfolio choice problem by optimisation
- Asset allocation in pension funds (Defined Contribution pension plans and Defined Benefit pension plans)
Other topics
- Carbon market and sustainable development
- Trend of the market
- Implication for finance and portfolio management
- Project finance, PPP and structured finance
- Pricing projects using real options
- Pricing projects using Monte Carlo simulations and scenario analysis of cash flows
- International finance
- Investment contraints on international capital markets
- International diversification
- Microcredit or microfinance
- Structure, products, market size, efficiency, effectiveness, etc.
- Islamic finance
- Market trend of Islamic finance, specificities, particularities, etc.
- Engineering of Islamic finance products
