Financial Risk Management

Library Assessment for
Master of Financial Risk Management
Introduction | Journals | Monographs | Bibliographic Tools

April 25, 2007


This is the Library's assessment for the proposed Master of Financial Risk Management. This program has been offered as a Cohort Special Arrangements for the past two years, and it is now proposed that it be regularized. It is offered at SFU Vancouver.

The Library previously assessed the program when it was offered as a Cohort Special Arrangement. That assessment can be found here:

As this program is now proposed to be regularized, it is imperative that the Library be able to fund resources required to support it. While the program content has many similarities and areas of overlap with the existing MBA in Global Asset and Wealth Management, resources specific to the program will need to be acquired and existing collection development policies expanded in order to support the students in this program. While running as a Cohort Special Arrangements program, there has was an unmet demand for materials to support students in this program.

What follows is a list of courses that will be offered for the program:

Bus 802-3 Financial Economics
Bus 803-3 Financial Econometrics
Bus 805-3 Capital Markets
Bus 810-3 Fixed Income
Bus 814-3 Derivative Securities
Bus 818-3 Advanced Topics in Business Finance
Bus 857-3 Numerical Methods
Bus 863-3 Operational Risk Management
Bus 864-3 Credit Risk Management
Bus 865-3 Market Risk Management
Bus 866-3 Enterprise-wide Strategic Risk Management
Bus 868-3 Perspectives on Risk and Insurance
Bus 869-3 Topics in Risk Management
Bus 870-3 Final Project


The SFU Library provides access to the following journals that will support this program. For example:

Financial analysts journal
Journal of banking and finance
Journal of finance
Journal of financial economics
Journal of fixed income
Journal of international money and finance
Risk management and insurance review
The RMA journal

Subscriptions to the following titles will also be required:

Publisher: Incisive Financial Publishers Limited
ISSN: 0952-8776
$1684 print only (plus $2,810 for optional upgrade for online access)

Journal of investment management
Publisher: Stallion Press
ISSN: 1545-9144
$368 (no online available, print only)

Journal of risk finance
Publisher: Emerald Group Publishing Ltd.
ISSN: 1526-5943

Sub-total for journals: $2,472 ($5,282 with online upgrade for Risk)


It is anticipated that an additional 20 monograph titles per year will need to be purchased in order to adequately support this program. What follows are examples of books that could be added to the collection. These titles all appear on the course outlines for the program and are not available at the Belzberg Library.

Fabozzi, Frank J. Bond markets, analysis, and strategies Prentice Hall Inc. 0131986430. 9780131986435. 6th ed.. X1-R05487. 2007. $183

Operational risk : regulation, analysis and management (Professional finance series) Financial Times Prentice Hall / Prentice-Hall / Pearson Educ Hghr Ed. 0273659669. 9780273659662. R3-381708. 2003. $71

Neef, Dale, 1959- Managing corporate reputation and risk : developing a strategic approach to corporate integrity using knowledge management / Dale Neef. Butterworth-Heinemann/Elsevier Science Pub. 0750677155. 9780750677158. R1-392757. 2003. $36

DeLoach, James W. Enterprise-wide risk management : strategies for linking risk and opportunity (Management briefings) Financial Times Prentice Hall / Trans-Atlantic Pubns. 0273644149. 9780273644149. R4-235560. 2000. $235

Saunders, Anthony. Financial institutions management : a risk management approach McGraw Hill Irwin. 0073046671. 9780073046679. 5th ed.. X3-730818. 2006. $196

Grinblatt, Mark. Financial markets and corporate strategy (McGraw-Hill/Irwin series in finance, insurance & real estate) McGraw Hill Irwin. 0072294337. 9780072294330. 2nd ed.. R5-279775. 2001. $172

Brooks, Chris. Introductory econometrics for finance Cambridge University Press (UK). 0521790182. 9780521790185. R8-329029. 2004. $143

20 books x $137 average book price = $2,740
Sub-total for monographs: $2,740

Bibliographic Tools:

Business Source Complete, CBCA Fulltext Business and a variety of other multidisciplinary databases, all provided by current library licenses, will be useful for locating resources for this program. Additionally, the Library recommends that the Faculty evaluate and consider the Risk Management Reference Center. The Library will be happy to set up a trial of this product. To do so, please contact Megan Crouch.

Information from the vendors follows:

Risk Management Reference Center™
The Risk Management Reference Center (RMRC) is a comprehensive risk management resource for corporate risk management professionals, strategic planners, and business students. Content includes hundreds of full text journals and periodicals, hundreds of thousands of selected articles, reports, summaries, books, blogs, FAQs, and news wires that pertain to all types of risk (including credit, liquidity, operational, event, and market risk). The database offers information on virtually every dimension of risk management, and combines deep background from scholarly writings with expert commentary from a variety of organizations, agencies and publishers and timely reviews of recent developments across the international political, economic, social and technical spectrum. RMRC is designed to inform the risk analysis process, and provide information on all aspects of risk management.

Sub-total for Bibliographic Tools: ($10,128/year)

Total costs:

All costs are ongoing. There are no one-time costs for this program.

Journals: $2,472 ($5,282 with online upgrade for Risk)
Monographs: $2,740/year
Optional addition of Risk Management Reference Centre: ($10,128/year)

Total: $5,212
+ optional upgrade for online access to Risk $2,810 = $8,022
+ optional addition of Risk Management Reference Centre = $15,340
+ both optional costs = $18,150