Risk Management is a process in which loss exposures are identified and an appropriate technique is selected for treating such exposures. A loss exposure is a situation in which a loss is possible regardless whether this loss occurs or not. Insurance is an effective tool for treating loss exposures with low probability of loss but having high severity of loss. However some people argue that harms of insurance exceed its benefits due to the various costs associated with it.
Being a student of Credit and Risk Management (FIN725), you are required to give your opinion on this issue. Whether benefits of insurance are more than the costs associated with it or not? Elaborate your answer by writing various benefits of insurance and costs associated with it.
SEMESTER FALL 2019
CREDIT AND RISK MANAGEMENT (FIN725)
DUE DATE: JANUARY 24, 2020 MARKS: 10
The objective of this assignment is to enable the students in critically reading, reviewing, summarizing, and understanding the research articles so that they may be able to write their own articles in future.
Read carefully the attached research article and evaluate/summarize this article in your own words keeping in view the following points:
The background the research.
Your understanding about research including the main idea of the
The research question.
Objectives and significance of the research
The hypothesis proposed and tested.
Population and sample used.
Data collection techniques used in this research.
Statistical tools used in this research.
Conclusion of the research.
Any gap/limitation you feel for future research.
You are not supposed to summarize this article in bullet form or provide short answers to the above mentioned points. Instead you are required to critically review this article by providing your own understanding in the form of summarized article (Maximum 2000 words).
NOTE: You have to use your own word while writing this assignment. Copied material will be marked as ZERO.
24 hours extra / grace period after the due date is usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.
IMPORTANT INSTRUCTIONS/ SOLUTION GUIDELINES/ SPECIAL INSTRUCTIONS
OTHER IMPORTANT INSTRUCTIONS: DEADLINE:
Make sure to upload the solution file before the due date on VULMS.
Any submission made via email after the due date will not be accepted. FORMATTING GUIDELINES:
Use the font style “Times New Roman” or “Arial” and font size “12”.
It is advised to compose your document in MS-Word format.
You may also compose your assignment in Open Office format.
Use black and blue font colors only.
Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various websites containing information for better understanding or visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
RULES FOR MARKING
Please note that your assignment will not be graded or graded as Zero (0), if:
It is submitted after the due date.
The file you uploaded does not open or is corrupt.
It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc.
It is cheated or copied from other students, internet, books, journals etc.
Note related to load shedding: Please be proactive
As you know that Post Mid-Term semester activities have started and load shedding problem is also prevailing in our country. Keeping in view the fact, you all are advised to post your activities as early as possible without waiting for the due date. For your convenience; activity schedule has already been uploaded on VULMS for the current semester, therefore no excuse will be entertained after due date of assignments, quizzes or GDBs.
Total Marks 5
Starting Date Tuesday, December 03, 2019
Closing Date Sunday, December 08, 2019
Question Title GDB No.1
Credit assessment helps banks in assessing and evaluating their potential borrowers in order to ascertain whether a potential borrower will be able to discharge his loan obligations as per contractual agreement with bank. There are many different credit assessment models commonly used in the market for standardized evaluation of credit assessment data, including heuristic models, empirical statistical models, and causal models. In practice, hybrid models are also used which combine two or three above mentioned models for credit assessment.
Being a student of Credit and Risk Management (FIN725), you are required to give your opinion that whether heuristic or empirical statistical models are more suitable for the credit assessment of potential borrowers? Elaborate your answer by writing various features of heuristic and empirical statistical models.
Your discussion must be based on logical facts.
The GDB will remain open for 06 working days.
Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the course.
Obnoxious or ignoble answer should be strictly avoided.
Questions / queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of GDB is over.
NOTE: Copied Comments from any source will be marked as ZERO.
Ø For Detailed Instructions please read the GDB Announcement
Quiz # 04 Total Questions : 1
Please read the following instructions carefully!
Quiz will be based upon Multiple Choice Questions (MCQs).
You have to attempt the quiz online. You can start attempting the quiz any time within given date(s) of a particular subject by clicking the link for Quiz in VULMS.
Each question has a fixed time of 90 seconds. So you have to save your answer before 90 seconds. But due to unstable internet speeds, it is recommended that you should save your answer within 60 seconds. While attempting a question, keep an eye on the remaining time.
Attempting quiz is unidirectional. Once you move forward to the next question, you can not go back to the previous one. Therefore before moving to the next question, make sure that you have selected the best option.
DO NOT press Back Button / Backspace Button while attempting a question, otherwise you will lose that question.
DO NOT refresh the page unnecessarily, specially when following messages appear
Question Timeout: Now loading next question…
If for any reason, you lose access to internet (like power failure or disconnection of internet), you will be able to attempt the quiz again from the question next to the last shown question. But remember that you have to complete the quiz before expiry of the deadline.
If any student failed to attempt the quiz in given time then no re-take or offline quiz will be held.