FIN204 Fundamentals of Financial Risk

Fundamentals of Financial Risk

Fundamentals of Financial Risk 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.

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Subject overview

STUDY MODE

100% online

AQF LEVEL

NEXT INTAKE

28 Oct 2024

SUBJECT DURATION

12 weeks

SUBJECT FEE

$2,600.00

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.

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Subject information

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.

Topics covered

Introduction to financial risk
Financial disasters and scandals
Compliance and conduct risk
Introduction to market risk
Interest rate risk
Credit risk
Liquidity risk
Operational risk in finance
Introduction to financial risk management frameworks

Reading list

There is no prescribed text for this subject. Individuals are provided with key readings and access to Kaplan Professional’s online databases. Individuals are encouraged to research and read widely on the topic.

Assessments

Assessment Type	Assessed	Weighting
Participation	All weeks	10%
Task	Week 4	25%
Assignment 1	Week 7	35%
Assignment 2	Week 12	30%

Click here for an assessment timetable.

Previous study requirements

Assumed knowledge

Kaplan Professional assumes that individuals 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: