Final Examination

Quick Review

• Risk Definition • Three parameters for credit risk measurement

– Exposure at default (E)– The loss in the event of default (LIED) or severity (S)– The default probability (P)

• The calculation of EL and UL– E and S are fixed values– E and S are random variable

Quick Review

• Losses due default

• Losses due to downgrade and default

• Losses over multiple years– Probability of grade migration (Table 18-1)– Three types of default probability: cumulative,

marginal and conditional

Quick Review

• Estimating the default probability– The z-score (accounting-based information) v

ersus the DD (market-based information)– The detail definition– The limitations– What is the power curve?

Quick Review

• Use certain tables to find the values of P, E and S

• Consider an illustrative example: – a A-rated firm from Food industry– One-year line of credit=100M with 40%

drawn-down percentage– Calculate the EL and UL– Calculate the MPL under a specific probability– Decide the economic capital

成功大學管理學院 AACSB 建議考題

• 什麼是 AACSB?AACSB 為國際商管學院認證組織，全名為Association to Advance Collegiate Schools of Business 。

• 什麼是教學多元評估 (Multiple Assessment)?教學多元評估 (Multiple Assessment) 是一種以結果 ( 目標 / 能力 ) 為導向的教學方式(Outcome-based Learning) 。目的在建立改善學生學習成效，及學習困難之回饋與輔導機制，以促進學生主動參與學習活動，達到深度學習 (Deep Learning) 的目標。

• 本院的五大核心能力 (Learning Goal)為何 ?– Goal 1 ： Communication Skills (COMMU)– Goal 2 ： Creative Problem Solving & Innovati

on (CPSI)– Goal 3 ： Leadership Skills (LEAD)– Goal 4 ： Global Awareness (GLOB)– Goal 5 ： Values, Skills & Professionalism (V

SP)

• 本院的使命 (Mission)及願景 (Vision)各為何 ?– 本院的使命 (Mission) 如下：– 秉持務實的校風與傳統，在全球化的經濟中，

以窮理致知、務實創新及邁向卓越之願景，培育學生成為具有社會責任感的管理專才及企業領袖。 (serve business and society in the global economy through developing quality and socially responsible professional and business leaders.)

– 本院的願景 (Vision) 如下：– Become a leading business school in Asia-Pa

cific region through:• Truth and Knowledge ( 窮理致知 )• Pragmatism and Innovation ( 務實創新 )• Growth and Excellence ( 邁向卓越 )

• 會計系的使命 (Mission)及願景 (Vision)各為何 ?– 會計系的使命 (Mission) 如下：– Explore and advance theories and practices i

n accounting to cultivate competitive professionals with ethical integrity, innovative capabilities and an international perspective.

• 會計系的願景 (Vision) 如下：– PI3

– Professionalism– Integrity– Innovation– Internationalization