Risk Management in FinanceModule Details

Rationale 

This course will equip students with the knowledge to comprehend the steps, tools and techniques involved in the financial risk management process, undertake a practical analysis of these risks and develop a hedging strategy for a particular company. Additionally, it will foster a comprehensive understanding of the ongoing transformations in financial markets, aligning with the new regulatory financial reforms post-crisis. 
The course aims to familiarise students with tools and techniques used in handling financial risks within financial institutions and emerging markets. Additionally, it will explore key concepts such as market risk, liquidity risk, credit risk, and operational risk.

Learning Outcomes

At the end of the course, students will be expected to:
(i)    Analyse the fundamentals of Risk Management in Finance.
(ii)   Compare the steps involved in the financial risk management process, identify and prioritise key financial risks.
(iii)  Distinguish between different types of risks and undertake a practical analysis of these risks in an organisational setting.
(iv)  Use the main financial risk management tools and techniques and develop a hedging strategy for a company.
(v)   Evaluate the impact of the recent financial crisis on modern risk management practices and comprehensively analyse the changes which are being currently introduced into financial markets.