Risk Management in Financial Institutions

Course aim

The aims of Risk Management in Financial Institutions are to: review the importance of the financial sector to the economy, consumers and investors; provide students with an understanding of the types of risks faced by the various types of financial institution; critically analyse examples of systemic failure in risk management; equip students with the skills needed for the analysis of the structure and nature of financial institutions’ risks; and inform students of issues relevant to the making of decisions regarding the management of financial risk.

Course content

Financial institutions: specialness in and to the economy; characteristics and exposure to risks; overview of risks; measurement, identification and management of interest rate, market, credit, sovereign, foreign exchange, liquidity, off-balance sheet, and technology and operational risks; capital management, capital adequacy and criticisms of risk-based regulatory capital ratios. The US sub-prime crisis, global financial crisis, and financial disturbances in Australia: lessons associated with the systemic failure of financial institution specialness.

Textbook(s)

Lange, H, Saunders, A & Cornett, M 2015, Financial institutions management, 4th edn, McGraw-Hill, Australia

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number	Course Name
BANK 5013	Investment Management
BUSS 5233	Corporate Finance

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Seminar	3 hours x 13 weeks
EXTERNAL, CITY WEST, ONLINE
External	3 hours equiv x 13 weeks
INTERNAL, CITY WEST (INTENSIVE)
Seminar	39 hours x N/A

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Case study, Research Report 1, Research Report 2

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 3)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.