Course overview
The course focuses on the risk management within financial institutions to manage the varied types of risk that they may be exposed to. The course applies the theories of defining and measuring various types of risk these institutions can be exposed to, and identifies effective policies and strategies for successful risk management. The course also examines international standards of banking practice and the impact on risk management of the institutions.
Course learning outcomes
- Understand the theories of financial intermediaries and the important roles of the financial institutions in the global economy
- Critically evaluate and analyse performance of financial institutions
- Understand the main types of risk financial institutions are exposed to, which includes interest rate risk, credit risk, market risk, off balance sheet risk, liquidity risk, foreign exchange risk and operational risk, and how they are interconnected
- Implement different methods to measure the main types of financial institution risk
- Implement methods in managing the risk including asset and liability management, capital management and securitisation
- Understand the application of the international standards of banking practice
- Engage in informed discussion of some of the contemporary issues in an international context, affecting financial institutions and their stakeholders