Module Convenor: Dr Nelson Camanho Da Costa Neto
The module is designed to give a good insight into the risk management process and how capital is allocated. We identify the main sources of risk experienced by Financial Institutions such as credit, market, liquidity, and operational risks. Methods for quantifying and managing risk are explored in detail with an emphasis on understanding factors affecting Value at Risk (VAR) calculations. Finally, we see how reporting standards, regulation and innovation have transformed the way Financial Institutions operate and what can we learn from recent risk management failures.
Assessment: 80.0% Examination, 20.0% Coursework