Thursday, June, 29th 2017. Now in its fourth day, the Finance and Management Workshop organized by the African School of Economics (ASE) and financed by the Open Society Initiative for West Africa (OSIWA) continues to offer a stimulating program.
During the morning session on Project Management, Professor Lavagnon Ika explained the MPBOK (Project management body of knowledge) approach of project management, among other topics.
In the afternoon, the Financial Risk Analysis course continued with a summary of the way projects are financed and how this affects their return on capital. Professor Soumaré’s lecture focused on the management of financial risks.
He presented the different sources (prices, interest and exchange rate variation) and types of financial risks (market, credit, operational and liquidity risks). He also introduced different models used in financial risk management namely the model average-variance of Markowitz, the Capital Asset Pricing Model (CAPM) of Sharpe-Lintner.
Both sessions were very interesting, interactive and practical.