managed by financial institutions. On completion of this
course, students will have knowledge of the main financial
institutions and the regulations governing them. They will
understand how market, credit, liquidity and operational
risks are managed.
At the end of this learning unit, the student is able to :
At the end of this course, students will be able to:
- Identify and describe the main risks faced by financial
institutions (banks, insurance companies and pension
funds, mutual funds).
- Explain the trade-off between risk and return and how
financial institutions make money by taking on and
- Identify and describe the main techniques banks use to
measure and manage risks (credit risk, market risk,
operational risk, liquidity risk).
- Explain the prudential regulation framework of the
financial sector and its effect on financial institutions' risk
- Part 1: Introduction, Financial Institutions and Trading in Financial Markets
- Part 2: Market Risk – Volatility, Dependence, Value-at-Risk, Expected Shortfall
- Part 3: Basel Regulation and Credit Risk
Due to the COVID-19 crisis, the information in this section is particularly likely to change.
- Group assignment
Due to the COVID-19 crisis, the information in this section is particularly likely to change.Written exam (80%) + group assignment (20%)