Department of Engineering
Dean:Dr. Ármann Gylfason
Email:ru@ru.is
Website:http://www.ru.is/tvd
TeachersView
MSc in Financial Engineering
Semesters:4
Years:2
ETCS:120
About majorFjármálaverkfræði er þverfagleg grein sem samþættir fjármálafræði við verkfræðilegar aðferðir, stærðfræðileg líkön, tölfræði, aðgerðagreiningu og hagnýta tölvunarfræði. Nám í fjármálaverkfræði hentar þeim sem hafa áhuga á t.d. áhættustýringu, afleiðuviðskiptum eða fjárstýringu. MSc námið er mótað að kröfum Verkfræðingafélags Íslands um fullnaðarmenntun í verkfræði.
Learning OutcomesView
Education cycle2
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Mandatory course on majorTeaching language
Optional course on majorPrerequisites for course
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Vorönn/Spring 2024
More infoEnergy Financial AssessmentElectiveSE-833-FA2ECTS 6
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More infoSleepElectiveT-424-SLEEECTS 6
More infoDecision Analysis for ManagementElectiveT-603-AKVAECTS 6
Year
1. yearPrint
SemesterSpring 2024
Level of course3. First cycle, advanced
Type of courseElective
PrerequisitesT-302-TOLF, Statistics I
ScheduleRuns for 12 weeks - 3 lectures and 2 problem solving classes each week.
Lecturer
Þórður Víkingur Friðgeirsson
Content
The general learning outcome is to be able to use structured methods to increase the quality, risk awareness and professionalism in decision making when uncertainty is attached to the outcome and best option.This will be aquired by the following :1.       The use of applied statistics in decision analysis.2.       The major methods and procedures of decision analysis ea SMART, decision trees, Bayes rule, Monte Carlo simulation, value of information, utility theory, forecasting, NPV etc.3.       A study on decision fallacies and cognitive biases.4.       A study of basic decision models.5.       The methods of group work, negation skills and authentic leadership.
Learning outcome - Objectives



Course assessment

Reading material
No reading material found.
Teaching and learning activities

Language of instructionIcelandic
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