This module covers the techniques of financial risk management. It introduces tools and techniques used in managing financial risk. The course will involve a detailed examination of market risk, liquidity risk, credit risk, and operational risk. Student will systematically understand the steps involved in the financial risk management process, identify and prioritize key financial risks as well as distinguish between different types of risks, and undertake a practical analysis of these risks for a particular company.
The course will also cover the main financial risk management tools and techniques, develop a hedging strategy for a company. Students will learn how to critically evaluate the impact of the recent financial crisis on modern risk management practices, and comprehensively understand the changes which are being currently introduced into financial markets to comply with the new, post-crisis regulatory financial reform.
The course consists of one multiple choice quiz carrying a weight of 100% towards the final course grade. In order to successfully complete the course and obtain your certificate you need to achieve an overall grade of 50% or above at the quiz.
Introduction to Risk Management
Interest Rate and Market Risk
Foreign, Sovereign and Credit Risk
Risk Management Assessment; Impact of the Current Climate on Financial Risk