RMSC 1101

Elementary Concepts in Risk Management (2022-23 Fall)

Class Information

Instructor

Teaching assistant

    • Name: Wenhan CAI

    • Email: whcai@link.cuhk.edu.hk

    • Office: LSB G30

    • Tel: 3943 8534

Description

This is an elementary course that introduces current issues and special topics in RMSC. Students are required to present and discuss books and current articles in the related topics.

Learning outcomes

    • Ability to present complex (risk-management, statistics, finance) concepts concisely and precisely.

    • Basic computer skills (LaTeX, R-language, etc).

    • Communication with professionals as well as laymen (presentation, discussion, collaboration).

    • Development of job hunting skills (job searching, study planning, etc).

Main content

The theme of this year's RMSC 1101 is technical analysis. We will discuss and present some commonly used trading strategies via technical analysis. The aim is to understand and test whether those strategies work or not work via programming. A short video is provided for each topic listed below. Students are required to watch each video before the corresponding presentation.

Assessment:

Assignment (a out of 10): Complete 3 individual assignments. Hand in any n pieces of them to get a = min(5n, 10). Aims:

    1. start appreciating the art of programming; and

    2. skillfully search for potential solutions on the Internet.

Presentation (p out of 10): Each group is required to deliver a 25-minute presentation on an assigned topic. Aims:

    1. successfully attract the audience’s interest;

    2. concisely outline the problem;

    3. intuitively explain the idea; and

    4. precisely present an R-program to illustrate and/or solve the problem.

Report (r out of 10): Each student is required to write a one-page report on his/her presented topic individually. Aims:

    1. complete the report by LaTeX;

    2. contain one graph produced by R;

    3. demonstrate your own understanding of the problem; and

    4. neatly summarize the problem and the solution.

Discussion (d out of 10): All students should discuss the presentation with their groupmates after listening to the presentation. For group g’s presentation, group g′ = (g + 4)1(g ≤ 4) + (g − 4)1(g ≥ 5) needs to lead the class to discuss and ask group g questions regarding the presentation to earn the discussion score d. Aims:

    1. raise interesting and relevant questions to motivate discussion; and

    2. effectively discuss new problems with other people.

Bonus (b out of 0.5): Bonus points are given to students who enthusiastically participate in lectures, presentations, discussions, and tutorials. Possible ways to earn the bonus points include (but are not restricted to):

    1. give good answers or ask good questions during the discussions; and

    2. enthusiastically participate in class and tutorials.

Grading

The total score t (out of 100) is given by

t = min{10, 0.3a + 0.2(p+r) + 0.2max(p,r) + 0.1d + b}

If min(p, r, d) < 3, the final letter grade will be handled on a case-by-case basis. Otherwise, your letter grade will be in the A range if t ≥ 8.5, at least in the B range if t ≥ 6.5, at least in the C range if t ≥ 5.5.

Important note: For the most updated information, please always refers to the course outline announced by the course instructor in Blackboard, which shall prevail the above information if there is any discrepancy.

Course materials

Assignments

Course material in the previous years can be downloaded here.