Abstract (eng)
Risk management is of particular importance today and indispensable. With regard to
finance, it is even required by regulatory law in banking and insurance and has a special
role to play as a key function.
The essence of risk management is the analysis and assessment of the identified risks in
order to be able to set appropriate control measures for them. Risk analysis is now based
on different stochastic methods and procedures.
In the present study, beginning from historical developments, the process components of
risk management were discussed and selected stochastic methods in the risk analysis
were dealt with in particular.
In view of the wide range of applications in the financial world, the importance of
mathematics, its interrelationship with risk management and its practical application in
the real economy was once again underlined.