| Unit name | Bank Management and Risk Management |
|---|---|
| Unit code | ACFIM0043 |
| Credit points | 20 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Dr. Khachatryan |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
None |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Accounting and Finance - Business School |
| Faculty | Faculty of Social Sciences and Law |
Why is this unit important?
This unit is designed to equip students with a comprehensive understanding of banks and tools that facilitate managerial decision making within banks. As such it provides an introduction to the assessment, measurement, and management of various types of risks that banks face, e.g., market risk and credit risk.
How does this unit fit into your programme of study
This unit is offered as an optional unit in MSc Banking, Regulation, and Financial Stability and MSc Financial Technology, complementing other units in this degree programme from the perspective of risk management in the banking context.
An overview of content
This unit introduces students to the management decisions banks make. The unit will focus primarily on assessing and managing bank risks, e.g., credit risk, market risk, etc. However, other business decisions, such as the type of lending a bank engages in, or its geographic and organisational structure, will also be addressed.
How will students, personally, be different as a result of the unit
Students learn how to critically assess and manage various types of risk that banks may face. Students learn to work with data in Excel to manage such risks.
Learning Outcomes
On completion of this unit students will be able to:
How you will learn
Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in advice and feedback sessions, and other online learning opportunities (e.g., clinics). The eight two-hour lectures will take place in a traditional lecture setting. However, all efforts will be made to ensure lectures are as engaging and interactive as possible with the active use of student questioning, and student participation. Two of the lectures will include demonstration of the use of Excel in calculation of VaRs in practical settings. Complementary to the lectures there are six one-hour tutorials which are intended to provide students with a forum in which they can further and consolidate their understanding of the lecture content. Lecture slides, problem sets, and sample solutions to problem sets will be made available online.
Tasks which help you learn and prepare you for summative tasks (formative):
Formative assessment is articulated over multiple problem sets that are circulated progressively during the unit. Students are given time to attempt solving the problems by themselves, and actual solutions are subsequently explained and discussed in tutorial sessions. These problems are similar to those in the summative assessments, and therefore provide students with a good sense of their ability to perform. Furthermore, students also have access to a sample summative assessment that they can use to test their knowledge.
Tasks which count towards your unit mark (summative):
Exam 60% (2 hours) covering ILO1, ILO2, ILO3, ILO4 and ILO5.
Individual coursework 40% covering ILO1, ILO2, ILO3, ILO4 and ILO5. The individual coursework requires the students to independently make reasonable judgements on a topic of risk management related to banking by critically reflecting on appropriate learning resources, analysing data, and critically evaluating findings in a report of up to 2000 words.
When assessment does not go to plan
Any re-assessment required will be a like-for-like assessment for the exam and/or coursework(s).
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ACFIM0043).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the University Workload statement relating to this unit for more information.
Assessment
The assessment methods listed in this unit specification are designed to enable students to demonstrate the named learning outcomes (LOs). Where a disability prevents a student from undertaking a specific method of assessment, schools will make reasonable adjustments to support a student to demonstrate the LO by an alternative method or with additional resources.
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
