Financial Risk Management (N1569)
Financial Risk Management
Module N1569
Module details for 2023/24.
15 credits
FHEQ Level 6
Module Outline
This module introduces the risks faced by all types of companies and financial institutions involved with the financial markets. It analyses credit risk in some detail, but the focus is on market risk analysis, using Excel spreadsheets and GenAI tools to enhance learning. Learning is enhanced using a set of interactive Excel workbooks providing practical tools for market risk assessment and mitigation for different types of financial assets and instruments, including fixed income products, international equities and options.
Module learning outcomes
Identify and compare different sources of financial risks, and understand how to distinguish between systematic (non-diversifiable) and idiosyncratic (diversifiable) risks
Recognize the major characteristics of derivative instruments and understand how to balance an options book so that it is delta-gamma-vega neutral.
Critically assess the application of regulatory and economic capital to financial risk management policies and use Excel to test the performance of models used for assessing this capital.
Effectively use Gen AI tools to implement models for measuring the market risk of portfolios of equities, interest-rate-sensitive products, commodities, futures and options.
| Type | Timing | Weighting |
|---|---|---|
| Project | Semester 1 Assessment Week 1 Tue 16:00 | 70.00% |
| Coursework | 30.00% | |
| Coursework components. Weighted as shown below. | ||
| Test | T1 Week 11 (1 hour) | 100.00% |
Timing
Submission deadlines may vary for different types of assignment/groups of students.
Weighting
Coursework components (if listed) total 100% of the overall coursework weighting value.
| Term | Method | Duration | Week pattern |
|---|---|---|---|
| Autumn Semester | Workshop | 1 hour | 11111011111 |
| Autumn Semester | Lecture | 2 hours | 11111011111 |
How to read the week pattern
The numbers indicate the weeks of the term and how many events take place each week.
Prof Carol Alexander
Convenor, Assess convenor
/profiles/2765
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