ULMS Electronic Module Catalogue |
| The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module. |
| Title | FINANCIAL RISK MANAGEMENT | ||
| Code | ACFI342 | ||
| Coordinator |
Dr DE Avino Finance and Accounting D.Avino@liverpool.ac.uk |
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| Year | CATS Level | Semester | CATS Value |
| Session 2021-22 | Level 6 FHEQ | Second Semester | 15 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
Modules for which this module is a pre-requisite: |
Programme(s) (including Year of Study) to which this module is available on a required basis: |
Programme(s) (including Year of Study) to which this module is available on an optional basis: |
Teaching Schedule |
| Lectures | Seminars | Tutorials | Lab Practicals | Fieldwork Placement | Other | TOTAL | |
| Study Hours |
6 |
12 12 6 |
36 | ||||
| Timetable (if known) |
60 mins X 1 totaling 12
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120 mins X 1 totaling 24
60 mins X 1 totaling 12 60 mins X 1 totaling 12 |
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| Private Study | 114 | ||||||
| TOTAL HOURS | 150 | ||||||
Assessment |
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| EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
| Assessment: MCQ Assessment type: Examination Duration: 1 hour Weighting: 20% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies Anonymous Assessment: Yes | 1 hour | 20 | ||||
| Assessment: Written Unseen Examination Assessment Type: Written Exam Duration: 2 hours Weighting: 80% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies | 2 hours | 80 | ||||
| CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Aims |
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The module builds on the foundations of the existing finance modules and aims to give students a solid grounding in terms of understanding the recent global financial crisis and a wide range of risk management tools available to financial managers. Particular emphasis is placed on the issue of risk measurement. The following types of risk will be analysed extensively: Interest rate risk, FX risk, Market risk, Credit risk, Liquidity risk and Capital adequacy. The class is run as a discussion based forum. |
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Learning Outcomes |
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(LO1) Students will be able to understand how risk management contributes to value creation |
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(LO2) Students will be able to understand how the foreign exchange market operates, the risk it poses and related hedging methods |
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(LO3) Students will be able to explain the causes of the recent global credit crisis |
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(LO4) Students will be able to overview the risks facing a modern corporation |
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(LO5) Students will be able to analyse the effects of interest rate volatility on risk exposure |
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(LO6) Students will be able to examine market risk, which results when companies actively trade bonds, equities and other securities |
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(LO7) Students will be able to examine how credit risk adversely impacts a financial institution’s profits |
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(LO8) Students will be able to analyse the problems created by liquidity risk |
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(LO9) Students will be able to become familiar with the concept of capital adequacy and also with the Basel Accords |
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(S1) Adaptability |
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(S2) Numeracy |
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(S3) Problem solving skills |
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(S4) Teamwork |
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(S5) Organisational skills |
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(S6) Communication skills |
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(S7) IT skills |
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(S8) International awareness |
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(S9) Lifelong learning skills |
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(S10) Ethical awareness |
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Teaching and Learning Strategies |
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Teaching Method: Online Asynchronous Learning Materials Teaching Method: Large Group Teaching Teaching Method: Group Study Skills/Other Attributes Mapping Skills / attributes: Adaptability Skills / attributes: Numeracy Skills / attributes: Problem solving skills Skills / attributes: Teamwork Skills / attributes: Organisational skills Skills / attributes: Communication skills Skills / attributes: IT skills Skills / attributes: International awareness
Skills / attributes: Lifelong learning skills Skills / attributes: Ethical awareness |
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Syllabus |
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Introduction to Risk Management: Why Manage Risk? |
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Recommended Texts |
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| Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. | |