It will explore the nature of business risks and investigate the broad range of approaches that organisations can use to manage various types of business risks. The module will also consider the processes that are often used in industry to identify the key risks for which the treasury department is responsible, as well as how the risks are measured, reported and managed, in order to add value to an organisation. Moreover, specifically students will able to learn by the end of this course; the fundamentals; corporate governance, external reporting and risk management framework; Interest rate risk; risk identification and risk measurement and management; liquidity risk and credit, commodity and pension risk as well as hedge funds and structured products.
Learning Outcomes
By the end of the module students should be able to:
Explain the fundamental importance to an organisation of identifying and measuring the risks that it faces and the benefits of establishing a robust process for managing the risks;
Assess the role and responsibilities of the treasury in managing the key risks which an organisation faces in order to protect it against potential losses;
Critically apply a wide range of techniques to measure, report and manage treasury risks to protect an organisation against losses and support the organisation, and its stakeholders, with relevant risk related information;
Critically assess the strengths and weaknesses of a wide range of techniques that can be used to manage business risks.
