Every business, regardless of size, deals with some degree of risk. There are several variables to consider for every decision involving finance, and a certain amount of risk can never be avoided. But it can certainly be mitigated. As such, companies are increasingly looking to specialists in the field for expert evaluations to help make decisions that directly impact a business’ revenue. Read more about financial risk management and why it’s a promising career…
What is financial risk management?
Every investment comes with potential risks. In fact, there is no profit without risk. Contrary to what we are used to, risks in finance can be positive as well as negative. In short, a risk is any deviation from the expected outcome. Risk management is the necessary step of evaluating possible outcomes, analyzing potential gains and losses, and deciding on what action should be taken (or not) given the conclusions from the evaluation.
Why study it?
A 2019 report by Accenture indicated that new investment risks are emerging with unprecedented speed. The top three new challenges appointed by…
