Risk Management is a new academic invention within the subject area of Finance and Economics. Not many people know about this subject (on its own) but those who do, always seem to suggest that Risk Finance belongs within the domain of Actuarial Sciences.
I strongly disagree.
I would like to introduce FRM -Financial Risk Management as a subject in its own right and an important paradigm shift in the field of Microeconomics.
After the emergence of Basel II Accord, the term Financial Risk has become Synonymous with bankers around the world. More fame came with the recent outbreak of global credit crunch which lead to a meltdown not seen before in International financial markets.
I believe with so much going on in International Markets, it is the right time to study Financial Risk in FI (Financial Institutional) settings.
I am currently writing my PhD. Thesis in this subject and would appreciate feedback from other scholars and students alike.
The chosen working title of my thesis is ” Differentiation of Market Risk Characteristics among Listed Sharia and Conventional Firms: selected evidences drawn from the KSE 100 Index”
I am looking forward to contributing to this subject online as much as possible. I would like to share my PhD. writing experiences with all of you and would require your feedback from time to time