This subject focuses on the application of risk management within organisations. It examines the various tools, techniques and processes for managing financial risks including ‘market risk and credit risk’, and operational risk. The common types of market risk evaluated in this subject include interest rates risk, spot risk, forward risk, options risk, and liquidity risk. It also examines the range of credit products and derivatives used in managing credit exposures as well as the issues that arise in assessing, managing and monitoring operational risk. Students perform calculations and review real-world as well as fictitious case studies based on mock institutions to apply their learning in this subject. For more information, please refer to the subject outline.