This subject provides an overview of financial risks and highlights the importance of risk management in the current financial marketplace. It introduces different types of financial and non-financial risk, including market risk, interest rate risk, credit risk, liquidity risk, operational risk, compliance and conduct risk. This subject also discusses and analyses the lessons learnt from the most prominent financial disasters of the past thirty years. With the use of case studies, students explore the drivers and consequences of types of financial and non-financial risk, analyse common models used to measure and assess these risks, and discuss possible risk management measures and strategies. For more information, please refer to subject outline.
Learning outcomes Subject content Duration Assessment Prerequisites Assumed knowledge Course transition subject equivalence Reading list Learning outcomes On successful completion of this subject, students should be able to: Discuss the risk management process and the implications of process failure. Assess the nature of financial risks within an organisation including market, credit and liquidity risks. Examine the non-financial risks that affect financial institutions. Analyse the common models used to measure and assess financial risks. Subject content Topic Title Topic 1Introduction to financial risk Topic 2Financial disasters and scandals Topic 3Compliance and conduct risk Topic 4Introduction to market risk Topic 5Interest rate risk Topic 6Credit risk Topic 7Liquidity risk Topic 8Operational risk in finance Topic 9Introduction to financial risk management frameworks Duration The duration of this subject is one study period (12 weeks). Assessment Assessment TypeAssessedWeighting Participation QuizAll weeks10% TaskWeek 425% Assignment 1Week 735% Assignment 2Week 1230% Click here for an assessment timetable. Prerequisites There are no prerequisites for this subject. However, individuals should review the ‘Assumed Knowledge’ tab to understand the prior knowledge Kaplan advises they should hold before enrolling in this subject. Assumed knowledge Whilst there are no prerequisites for this subject, Kaplan assumes that students have completed FIN201 Quantitative Applications in Finance or understand the content covered in this subject, prior to undertaking FIN204 Fundamentals of Financial Risk. Course transition subject equivalence Students may not be required to complete this subject if they have transitioned from a SIA/Finsia/Kaplan course and have completed the following subjects: there are no equivalences for this subject. Reading list There is no prescribed text for this subject. Individuals are provided with key readings and access to Kaplan’s online databases. Individuals are encouraged to research and read widely on the topic.
Learn more about Master of Applied Finance, Graduate Diploma of Applied Finance or Graduate Certificate in Applied Finance >
This subject provides an overview of financial risks and highlights the importance of risk management in the current financial marketplace. It introduces different types of financial and non-financial risk, including market risk, interest rate risk, credit risk, liquidity risk, operational risk, compliance and conduct risk. This subject also discusses and analyses the lessons learnt from the most prominent financial disasters of the past thirty years. With the use of case studies, students explore the drivers and consequences of types of financial and non-financial risk, analyse common models used to measure and assess these risks, and discuss possible risk management measures and strategies. For more information, please refer to subject outline.
Learning outcomes Subject content Duration Assessment Prerequisites Assumed knowledge Course transition subject equivalence Reading list Learning outcomes On successful completion of this subject, students should be able to: Discuss the risk management process and the implications of process failure. Assess the nature of financial risks within an organisation including market, credit and liquidity risks. Examine the non-financial risks that affect financial institutions. Analyse the common models used to measure and assess financial risks. Subject content Topic Title Topic 1Introduction to financial risk Topic 2Financial disasters and scandals Topic 3Compliance and conduct risk Topic 4Introduction to market risk Topic 5Interest rate risk Topic 6Credit risk Topic 7Liquidity risk Topic 8Operational risk in finance Topic 9Introduction to financial risk management frameworks Duration The duration of this subject is one study period (12 weeks). Assessment Assessment TypeAssessedWeighting Participation QuizAll weeks10% TaskWeek 425% Assignment 1Week 735% Assignment 2Week 1230% Click here for an assessment timetable. Prerequisites There are no prerequisites for this subject. However, individuals should review the ‘Assumed Knowledge’ tab to understand the prior knowledge Kaplan advises they should hold before enrolling in this subject. Assumed knowledge Whilst there are no prerequisites for this subject, Kaplan assumes that students have completed FIN201 Quantitative Applications in Finance or understand the content covered in this subject, prior to undertaking FIN204 Fundamentals of Financial Risk. Course transition subject equivalence Students may not be required to complete this subject if they have transitioned from a SIA/Finsia/Kaplan course and have completed the following subjects: there are no equivalences for this subject. Reading list There is no prescribed text for this subject. Individuals are provided with key readings and access to Kaplan’s online databases. Individuals are encouraged to research and read widely on the topic.
Learn more about Master of Applied Finance, Graduate Diploma of Applied Finance or Graduate Certificate in Applied Finance >
