ACC40690 Risk Management Systems

Academic Year 2020/2021

This module focuses on two core areas – what risks does the organisation face and how can those risks be managed and controlled? First, the module looks at the more general management strategies of risk identification and management, involving establishing and monitoring appropriate systems of internal control. Second, the module focuses on financial risks. In particular, the module analyses the following:

• Operation and features of the instruments for managing interest rate risk;
• Operation and features of the instruments for managing currency risk;
• Theory and forecasting of exchange rates;
• Yield Curve Construction and Bond Mathematics;
• Principles of valuation of financial instruments for management and financial reporting purposes (IAS 39) and Basle III requirements.

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Curricular information is subject to change

Learning Outcomes:

Upon completion of this module participants should be able to

• Evaluate types of risk facing an organization and critically discuss ways of identifying, measuring and assessing the types of risk being faced and recommend appropriate responses;
• Explore the use of fundamental types of financial risk management instruments by firms and financial institutions and to critically discuss their purposes and relative importance;
• Evaluate risks in investment projects and changing capital structures in firms and recommend solutions for the financial risk of international operations.
• Apply a practical approach to implementing these instruments and models for valuation, risk management and financial engineering.

Indicative Module Content:

This module focuses on two core areas – what risks does the organisation face and how can those risks be managed and controlled? First, the module looks at the more general management strategies of risk identification and management, involving establishing and monitoring appropriate systems of internal control. Second, the module focuses on financial risks. In particular, the module analyses the following:

• Operation and features of the instruments for managing interest rate risk;
• Operation and features of the instruments for managing currency risk;
• Theory and forecasting of exchange rates;
• Yield Curve Construction and Bond Mathematics;
• Principles of valuation of financial instruments for management and financial reporting purposes (IAS 39) and Basle III requirements.

Student Effort Type Hours
Lectures

24

Specified Learning Activities

60

Autonomous Student Learning

74

Total

158

Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Continuous Assessment: In Class Participation Varies over the Trimester n/a Graded No

10

Continuous Assessment: Various Varies over the Trimester n/a Graded No

30

Examination: Terminal examination 2 hour End of Trimester Exam No Graded No

60


Carry forward of passed components
No
 
Resit In Terminal Exam
Autumn Yes - 2 Hour
Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Not yet recorded.

Name Role
Mrs Nishat Azmat Subject Extern Examiner

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