About This Course
This module explores the risk management function in modern financial institutions. A fundamental approach adopted is that financial institutions risk management is a central element of practical bank financial management. In this context risk management is seen practically as linking risk-taking (an essential economic role of banking firms) and financial management (managing these risks and the respective risk and return trade-offs in the most efficient way). The nature, strategic context, management and control of bank risks are examined. The course also addresses the impact of bank regulation on bank risk management and the role of good risk management governance.
Learning Outcomes
- Appropriately apply and critically evaluate the veracity of different strategies and tools used within risk management.
- Critically assess the importance of financial institutions risk management in a contemporary context
- Critically evaluate and appropriately apply alternative strategies and tools involved in banking and/or finance.
- Critically evaluate the subject specific roles, features and relationships within and between firms.
- Demonstrate the ability to make informed judgements and decisions in the context of banking and financial markets.
- Question, critically assess and apply apposite banking and finance theory.
Learning Methods
This module is delivered through means of distance learning and on a part time basis, where you can study at your own pace, no matter where you are in the world. A combination of interactive classes and recorded lectures are provided throughout the 6 months semester, providing participants with a good work-life balance.
Blackboard is the virtual learning environment (VLE) used by Bangor University where each module benefits from a bespoke area within the platform where all study resources are held. Resources include study guides, e-textbooks and access to the online library.
Means of Assessment
This module is assessed by means of an individual assignment (40%) and examination (60%).
This module is offered as part of the syllabus on the Chartered Banker MBA (CBMBA) programme. Should you wish to advance to the CBMBA, successful completion of this module will provide an exemption to this module.
Course Content
What will you study on this course?
Unit One covers:
An introduction to FIRM and explains the main themes that run throughout the module. The structure of the module is outlined, and the main text introduced. An overview is provided of banking and its role in the modern financial services industry. The nature of bank competition, regulation and their impact on FIRM are explored. Finally, the imperative on efficiency and marked-based valuation are explored as fundamental themes in modern FIRM.
Unit Two aims:
- To examine a bank’s main financial statements and their relationship to the risks inherent in banking
- To understand how a bank’s performance can be evaluated
- To understand the & banking significance of bank Asset and Liability Management and risk management
- To analyse the nature and BFM significance of interest rate risk and liquidity risk to BFM
- To examine the off-balance-sheet activities carried out by banks and to appreciate their BFM significance
- To consider the impact of the crisis (the ‘credit crunch’) on these areas
- To appreciate the impact of the credit crunch on the banking risks covered in this unit and, especially, on capital adequacy management and regulation
- To understand the nature and key importance of bank corporate governance
Unit Three aims:
- To examine the nature and role of product and geographic diversification within a bank’s risk management
- To examine and understand how banks use derivative contracts to hedge their asset-liability risk exposures
- To analyse how loan sales and securitisation techniques are used by bank managers to control credit risk
- To consider some further changes to the banking risk landscape in the wake of the credit crunch
Course Cost
The cost of this course is £1,700
Entry Requirements
Aimed at mid-career professionals working in the financial industry or regulation. Entry consideration will be given to individuals with minimal experience or qualifications.
English Language Requirements
Applicants must have a high level of fluency in the English language. The English language tests we normally refer to are as follows;
- IELTS: 6.0 (with no element below 5.5)
- Pearson PTE: a score of 56 (with no element lower than 51)
- Cambridge English Test – Advanced: 169 (with no element lower than 162)
Application
How to Apply
Please make sure you read and follow the step-by-step application guide as this will specify which sections of the application form are compulsory for the type of course you want to apply for and save you time.
Please prepare the following information (in a Word document):
- Current employment details;
- Years of experience, and employment history (where relevant)
- Name of staff member and organisation that have approved your funding for this module.
This will speed up the process of completing the application form.
To apply for this course, you need to create an account in our APPLICANT PORTAL
You will need access to the email address you specify while creating your account to confirm it.
After creating an account, you will see a homepage with several tabs:
- Personal
- Programme
- Info
- Contact
- Education
- Employment
- Language
- Finance
You need to complete all sections before submitting your application.
When a section is complete, a ‘tick’ symbol will appear below it.
- Click on ‘Non-graduating applications / Stand alone Modules’, then select ‘Non-graduating Undergraduate’.
- In the next section, select Non-Graduating Taught Modules, Click Save and Continue.
- On the next page, the default for the first question is Full Time. You need to change this to ‘Part time’:
- You now need to input the module code. Financial Institutions Risk Management: the code is ASB-9030. This section must be completed for your application to be processed.
- You also need to state the start date. Please make your selection, then click ‘Save and Continue’.
- IMPORTANT: You do not need to write a personal statement to apply for this course. Instead, please upload the document including employment, experience and education information that you have created prior to starting the application that contains the name of your current employer, the number of years of experience you have, and your highest qualification to date. Click Save and continue.
You only need to enter the details of your highest qualification to date, e.g. if you have a postgraduate qualification, please only only include this.
You will be asked for evidence of the qualification. Please either upload a copy of your qualification if it's easily accessible, or upload the Word document again (that you prepared earlier).
(details not required as you've already prepared this)
Please scroll to the bottom of the page and click on ‘I have no employment history’ (as you have already provided this in your Word document).
please answer the questions as follows:
- How will you finance your studies?:
- Exact name of funding authority:
- Country: United Kingdom
- Give details of the amount of the award?
- Sponsorship will cover: Tuition Fees
- Have you been awarded this funding? Please select ‘yes’ * Note that you will be required to upload evidence of the funding. If you wish to confirm ‘yes’ to this question, but do not have any written confirmation to upload, you can upload your Word document here again.
If you are self-funding, please provide all details as appropriate.