Shaping the probability distribution: How risk has

Shaping the probability distribution: How risk has changed over time
Background
As financial markets become more integrated and competition increases, financial institutions need a clearer understanding of the risks they are taking to protect the assets of their companies. Instigated by Basel II, financial institutions are taking a clean look at managing market, operational and credit risk. In the process, they are redefining the role of risk management in achieving objectives and, ultimately, increasing shareholder value. Their main goal is not to eliminate uncertainty, but rather to be proactive in assessing and managing risk for their own advantage. 
Task:
Your task is to write an essay for The Australian Financial Review with the following title:
“Shaping the probability distribution: How risk has changed over time”
The essay must be about 1200 words long and must be uploaded as a Microsoft Word document (Name_StudentNumber.docx) onto Blackboard. 
Include in your submission a one-page self reflection.
The opinion below is from the Lecturer  
Opinion Piece Writing Tips
Here you find excellent tips for opinion piece writing (your essay!)

http://people.anu.edu.au/andrew.leigh/pdf/OpEd_Tips.pdf



Here are five easy steps to writing opinion articles in your niche on the fly…
Step 1
Do your research. I don’t mean in-depth, hours online research. I just mean for you to quickly find out what is going on in your niche. What are the hot topics. New products. New laws or changes in the marketplace. Get an idea of what people are talking about. Check high-profile websites in your niche. Check forums. Social media sites.
Step 2
Choose a position. What makes an opinion article unique is when you choose a position on an issue. You begin to grow your voice and that is what will resonate with readers. Don’t be wishy-washy. Make a choice. Either you like it or you don’t. Either it won’t work or it will. Either it- relevant or it isn’t.
Step 3
Write in the first person. I have read countless opinion articles by folks who weren’t comfortable with step 2, and so they hide a little bit by writing in the third person. While writing in the first person is used mainly in fiction, by using it, you are firmly saying “In my opinion”, “I believe”, “I think”. This makes it clear on exactly where you stand, and presents you as an authority on the topic which you are discussing.
Step 4
Include supporting facts and/or examples. When you are writing an opinion article, you don’t necessarily have to do this, but I find that it makes your article stand out as an opinion from a “credible expert”. That is to include examples, facts, statistics, quotes or whatever you have that can support your position and your opinion on what you are writing.
Step 5
Don’t overanalyze the article. Just write it and put it out there. Let it do what it- going to do. Bring you wanted attention and traffic:)
Source: http://lisaangelettieblog.com