Risk Management and Financial Institutions
Essex Business School
Undergraduate: Level 6
Monday 13 January 2020
Friday 20 March 2020
17 October 2019
Requisites for this module
BSC N420 Accounting and Finance,
BSC N422 Accounting and Finance (Including Placement Year),
BSC NN43 Accounting and Finance (Including Foundation Year),
BSC NNK3 Accounting and Finance (Including Year Abroad),
BSC N390 Banking and Finance,
BSC N392 Banking and Finance (Including Placement Year),
BSC NH90 Banking and Finance (Including Year Abroad),
BSC NR3Y Banking and Finance with a Modern Language,
BSC N340 Financial Management,
BSC N343 Financial Management (Including Placement Year),
BSC NH40 Financial Management (Including Year Abroad),
BSC N344 Finance and Management,
BSC N345 Finance and Management (Including Year Abroad),
BSC N346 Finance and Management (Including Placement Year),
BSC N347 Finance and Management (Including Foundation Year)
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.
To help students understand and measure various types of risks in the financial market and how they affect the value of portfolios; to provide an introduction to the features and applications of important financial derivatives that can be used in risk management; and to discuss and analyse cases of how risk management is conducted in the real world.
To help students understand and measure various types of risks in the financial market and how they affect the value of portfolios; introduce the features and applications of important financial derivatives that can be used in risk management; and to discuss and analyze cases of how risk management is conducted in the real world.
On successful completion of the module, students will 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)
Upon successful completion of the module, students should be able to:
* Be able to price a bank loan given a customer's credit information and market parameters
* Be able to comment on the role and impact of the Basel accords in the development of banking regulation around the globe
* Be able to 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.
There will be a two-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.
Assessment items, weightings and deadlines
|Coursework / exam
||In Class Test
||120 minutes during Summer (Main Period) (Main)
Module supervisor and teaching staff
Thanos Verousis and Athanasios Triantafyllou and Ammanouil Pyrgiotakis
Dr Apostolos Kourtis
The University of East Anglia
Senior Lecturer in Finance
Available via Moodle
Of 77 hours, 74 (96.1%) hours available to students:
3 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).
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