Risk Management and Financial Institutions
Essex Business School
Undergraduate: Level 6
Thursday 05 October 2023
Friday 28 June 2024
06 July 2023
Requisites for this module
BSC N420JS Accounting and Finance,
BSC N420NS Accounting and Finance,
BSC N390JS Banking and Finance,
BSC N390NS Banking and Finance
This module is about defining, measuring and managing the various risks that are inherent in the business of finance, with special emphasis on the business of commercial banking.
The aims of this module are:
- To help students understand and measure various types of risks in the financial market and how they affect the value of portfolios.
- To introduce the features and applications of important financial derivatives that can be used in risk management.
- To discuss and analyze cases of how risk management is conducted in the real world.
By the end of this module, students will be expected to be able to:
- Identify exposure to different types of risk.
- Understand and be able to apply Value-at-Risk (VaR).
- Use derivatives to hedge equity, bond, interest-rate and currency risk.
- Quantify the impact of market movements on portfolio value.
Skills for Your Professional Life (Transferable Skills)
By the end of this module, students should be able to:
- Price a bank loan given a customer's credit information and market parameters.
- Comment on the role and impact of the Basel accords in the development of banking regulation around the globe.
- Interpret what a credit rating means.
- Improve research skills through the use of the Google Scholar search platform.
- Develop critical thinking through the use of recent article journals.
- Evaluate learning outcomes on case studies, i.e. Long Term Capital Management, Pine Street Capital, among others.
No additional information available.
This module will be delivered via:
- One 2-hour lecture per week.
Students are encouraged to come prepared to these lectures, ask questions and participate otherwise. At the end of each lecture, students will also receive a weekly assignment, consisting of practical problems and concept questions.
This module does not appear to have a published bibliography for this year.
Assessment items, weightings and deadlines
|Coursework / exam
|Reassessment Main exam: Remote, Open Book, 120 minutes during September (Reassessment Period)
Exam format definitions
- Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
- In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
- In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
- In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary,
for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.
Your department will provide further guidance before your exams.
Module supervisor and teaching staff
No external examiner information available for this module.
Available via Moodle
No lecture recording information available for this module.
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