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Subject overview

This subject has been discontinued; it will not be available for enrolment after Study Period 5, 2023.


STUDY MODE

100% online

AQF LEVEL

9

NEXT INTAKE

N/A

SUBJECT DURATION

12 weeks

SUBJECT FEE

$2,600.00


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.

Subject information

Learning Outcomes

On successful completion of this subject, individuals 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

 

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.

Reading list

Assessments

Assessment TypeAssessedWeighting
ParticipationAll weeks10%
TaskWeek 420%
Assignment 1Week 740%
Assignment 2Week 1230%

Previous study requirements

Prerequisites

There are no prerequisites for this subject. However, individuals should review the ‘Assumed Knowledge’ tab to understand the prior knowledge Kaplan Professional advises they should hold before enrolling in this subject.

Assumed knowledge

While there are no prerequisites for this subject, Kaplan Professional 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

There are no equivalences for this subject.