FIN30090 Treasury and Risk Management

Academic Year 2022/2023

This course deals with the ways in which risks are quantified and managed by financial institutions. Among the topics covered are the nature of financial institutions and their regulation, market risk, credit risk, operational risk, liquidity risk, and the lessons from the credit crisis that started in 2007.

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Curricular information is subject to change

Learning Outcomes:

• On completing this module, students will have an understanding of major Risk Management issues, and knowledge of the theory, valuation, and basic mathematics required for financial risk management.

• Students should be able to produce and interpret such quantities as Value at Risk (VaR) and Expected Shortfall.

• Students should be able to construct Hedge portfolios for managing both financial risks, and should have conceptual understanding of the quantities indicated by such terms as Delta, Gamma, Theta, Vega, Rho, as well as Duration and Convexity and Cashflow Immunization.

• Students should have a firm grasp of the major historical failures in Institutional Risk Management, and the various Regulatory approaches and Conventions adopted internationally in order to attempt to address and prevent them.

Indicative Module Content:

• The ways in which risks are quantified and managed by financial institutions
• The nature of financial institutions and their regulation
• The lessons from the credit crisis that started in 2007

Student Effort Hours: 
Student Effort Type Hours
Lectures

24

Tutorial

12

Autonomous Student Learning

90

Total

126

Approaches to Teaching and Learning:
• Lectures
• Reading of Textbook and any other assigned materials
• Assignments
• Peer and Group Work 
Requirements, Exclusions and Recommendations
Learning Recommendations:

To have passed a corporate finance examination with at least B+.


Module Requisites and Incompatibles
Incompatibles:
FIN30270 - Advanced Risk Management


 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: Final Exam 2 hour End of Trimester Exam Yes Alternative linear conversion grade scale 40% No

50

Continuous Assessment: Participation, Assignments, and Group Project Throughout the Trimester n/a Alternative linear conversion grade scale 40% No

25

Examination: Midterm Quiz Unspecified Yes Alternative linear conversion grade scale 40% No

25


Carry forward of passed components
No
 
Resit In Terminal Exam
Autumn Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Feedback individually to students, post-assessment

How will my Feedback be Delivered?

Feedback will be provided both oral and written and both in-class and out of class throughout the trimester.

Students should download or obtain Risk Management and Financial Institutions by John Hull (5th ed., 2018): Wiley
Name Role
Zhannur Issayev Tutor