AF6036 - Risk in Financial Insitutions I

You will learn in this module through lectures (24 hours) IT-based workshops (12 hours) tutor based (82 hours) and independent study (82 hours). The lectures will be used to deliver the basic knowledge and subject material required to enable students to meet the module learning outcomes. Lectures will be research-led with a significant practical component attached to them. Workshops will develop understanding and knowledge by reinforcing subject material and exploring relevant issues with material distributed in advance. You will learn through individual and group work, presentations and discussion which will develop your discussion and analysis skills. The workshops will provide an opportunity for you and your teaching team to interact and discuss the materials with other students. You will also explore case-studies to help you contextualise what you have read. The module will involve both directed and independent learning. Directed learning plays a key part in the achievement of the module learning outcomes and provides an opportunity for self-assessment of your progress throughout the semester. Directed learning may include a range of activities including pre-reading, preparation for workshop activity and preparing for presentations. Independent learning is learning which you identify by pursuing areas of interest that provide deeper or broader knowledge of the subject, through a range of learning activities that might include reading, reflection and research.

You will be supported by a teaching and learning plan (TLP), which outlines the pattern and content of the formal sessions, tutor-directed study and independent reading. You will be supported throughout by the module teaching team who are available to answer your questions either in person or by email/telephone. Your module is supported by the e-learning portal which contains lecture and workshop materials as well as additional material for independent study. Your lectures will be recorded and uploaded to the e-learning portal which you will be able to access to consolidate your knowledge and develop understanding. Your electronic reading list includes core material to support your lectures/workshops and a comprehensive range of professional and regulatory reports/articles and academic journal articles relevant to your studies.

All modules at Northumbria include a range of reading materials that students are expected to engage with. The reading list for this module can be found at: http://readinglists.northumbria.ac.uk
(Reading List service online guide for academic staff this containing contact details for the Reading List team – http://library.northumbria.ac.uk/readinglists)

Knowledge & Understanding (KU):
• Develop a knowledge and understanding of capital risk in financial institutions arising from credit, market and liquidity risk. (MLO1)
• Critically evaluate measurement models and management issues in the context of the regulatory requirements within the banking and finance sector. (MLO2)

Intellectual / Professional skills & abilities (IPSA):
• Develop quantitative and qualitative evaluation skills whilst measuring and managing the risks covered in this module. (MLO3)
• Develop an ability to apply and effectively communicate regulatory requirements to real-life banking and financial institution scenarios (MLO4)

Personal Values Attributes (PVA):
• Develop an awareness of the risks facing international financial markets and how management can be equipped with knowledge and expertise to implement stronger organisational controls to address risks. (MLO5

Formative Assessment:
Formative assessment will take place through individual and group work on directed questions/case studies to take place at the end of each substantive area covered in the module. You will discuss these substantive areas in the workshops after each lecture so that you can obtain direct feedback on the module content and the assigned tasks. You should be aware that formative feedback can and will occur in any communication with the academic tutor.

Summative Assessment:
The module is assessed by two elements:
1. Group presentation (15 mins) on contemporary issues in risk management to be presented during the semester (20%). (MLO3 and MLO4)
2. 2500 word assignment (80%). (MLO1, MLO2, MLO3, MLO4, MLO5)

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The banking and financial services industry operates in a risk structured environment. Financial institutions are required to measure, manage and transfer risk under the constant eye of the financial regulators. The module focuses on the specific area of capital risk arising from credit risk, securitisation exposure, market risk and liquidity risk. This will be conducted within the context of the relevant regulatory framework and draw upon case study material provided by high profile banking and financial institutions.