Module overview
Aims and Objectives
Learning Outcomes
Transferable and Generic Skills
Having successfully completed this module you will be able to:
- develop clear logical thinking;
- apply knowledge learned in the class to particular problems.
- compose and communicate ideas effectively, both orally and in writing;
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- calculate a bank’s market, interest rate, credit and operational risks based on regulatory principles and actual data.
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- how to control for operational risk through regulation;
- how to apply internal risk management models to credit risk;
- how banks/firms try to control financial risks through value-at-risk, derivatives and related models;
- regulatory issues concerning investment banks, securities firms and other major financial institutions;
- how banks/firms allocate capital among their departments in respect of both volatile and calm market conditions.
Syllabus
Learning and Teaching
Teaching and learning methods
Type | Hours |
---|---|
Teaching | 24 |
Independent Study | 126 |
Total study time | 150 |
Resources & Reading list
Textbooks
Mishkin and Eakins (2015). Financial Markets and Institution. Pearson Education.
Basle Committee on Banking Supervision (1999). Credit Risk Modelling: Current Practices and Applications. Switzerland: BIS.
John C. Hull ( April 2018). Risk Management and Financial Institutions. Wiley.
Madura, J (2012). Financial Institutions and Markets. South-Western Cengage Learning.
Philippe Jorion (2007). Financial Risk Manager Handbook. Wiley.
Basle Committee on Banking Supervision (1998). Operational Risk Management. Switzerland: BIS.
Frank J. Fabozzi , Harry M. Markowitz (2011). The Theory and Practice of Investment Management: Asset Allocation, Valuation, Portfolio Construction, and Strategies. Wiley.
Bessis, J (2010). Risk Management in Banking. Wiley.
John C. Hull (2016). Fundamentals of Futures and Options Markets. Pearson.
Assessment
Formative
This is how we’ll give you feedback as you are learning. It is not a formal test or exam.
Peer assessment
- Assessment Type: Formative
- Feedback: Peer and self-assessment methods will be used to help students assess their understanding; exercises, which students will be recommended to attempt by themselves, will be available in lectures or on online blackboard and the answer is available one week after.
- Final Assessment: No
- Group Work: No
Summative
This is how we’ll formally assess what you have learned in this module.
Method | Percentage contribution |
---|---|
Multiple choice question | 20% |
Closed book Examination | 80% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
Method | Percentage contribution |
---|---|
Closed book Examination | 100% |
Repeat
An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.
Method | Percentage contribution |
---|---|
Closed book Examination | 100% |
Repeat Information
Repeat type: Internal & External