This subject focuses on regulatory frameworks and corporate governance structures and assesses the effect of common business risks on organisational performance and society. Students examine risk management frameworks and risk models in controlling and mitigating acceptable levels of risk. In this subject, students use case studies based on real-life scenarios to investigate the implementation of these frameworks and models in a financial institution. For more information, please refer to the 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: Assess regulatory frameworks and corporate governance structures that seek to reduce the adverse effect of common business risks on organisational performance and society. Apply valuation and risk models in assessing finance-specific risks. Evaluate a financial institution’s implementation of an enterprise risk management framework. Examine the use of risk management frameworks in controlling and mitigating acceptable levels of risk within a financial institution. Subject content Topic Title Topic 1Risk and regulation in the finance industry Topic 2Risk governance, tolerance and controls Topic 3Evaluating risk Topic 4Value at risk and other financial risk models Topic 5Enterprise risk management (ERM) framework Topic 6Economic Capital Topic 7Asset liability management (ALM) framework Topic 8Funds transfer pricing (FTP) Topic 9Operational risk management framework Duration The duration of this subject is one study period (12 weeks). Assessment Assessment TypeAssessedWeighting ParticipationAll weeks10% TaskWeek 420% Assignment 1Week 740% 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 FIN204 Fundamentals of Financial Risk or understand the content covered in this subject, prior to undertaking FIN254 Risk Management Frameworks. 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 focuses on regulatory frameworks and corporate governance structures and assesses the effect of common business risks on organisational performance and society. Students examine risk management frameworks and risk models in controlling and mitigating acceptable levels of risk. In this subject, students use case studies based on real-life scenarios to investigate the implementation of these frameworks and models in a financial institution. For more information, please refer to the 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: Assess regulatory frameworks and corporate governance structures that seek to reduce the adverse effect of common business risks on organisational performance and society. Apply valuation and risk models in assessing finance-specific risks. Evaluate a financial institution’s implementation of an enterprise risk management framework. Examine the use of risk management frameworks in controlling and mitigating acceptable levels of risk within a financial institution. Subject content Topic Title Topic 1Risk and regulation in the finance industry Topic 2Risk governance, tolerance and controls Topic 3Evaluating risk Topic 4Value at risk and other financial risk models Topic 5Enterprise risk management (ERM) framework Topic 6Economic Capital Topic 7Asset liability management (ALM) framework Topic 8Funds transfer pricing (FTP) Topic 9Operational risk management framework Duration The duration of this subject is one study period (12 weeks). Assessment Assessment TypeAssessedWeighting ParticipationAll weeks10% TaskWeek 420% Assignment 1Week 740% 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 FIN204 Fundamentals of Financial Risk or understand the content covered in this subject, prior to undertaking FIN254 Risk Management Frameworks. 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 >
