Stern Program for Undergraduate Research

Research ID: RS000051
Research Title: Decision Models with regard to Operational Risk
Description: Simulation and regression analysis of operational risk events
in financial services.
-- Considering monthly losses due to fraud in a credit card
division of a major bank and doing goodness of fit tests of
the Normal and other distributions.
-- Considering operational losses due to human errors in
a FX division and doing goodness of fit tests of Extreme
Value Distributions. Establishing causality of losses and
determining through (non) linear regression the relationships
between such losses and the important factors.
Relevant Areas of Study: Operations Management
Statistics
Pre-requisites: -- Operations Management

-- Decision Models
Start Semester: Spring 2013
Credits Per Semester: 2.0
Faculty Member: Mike Pinedo (mpinedo@stern.nyu.edu)
Department Affilation: IOMS
Contact: Mike Pinedo (mpinedo@stern.nyu.edu)
Expired On: 09-08-2013