|Year of offer||2019|
|Subject level||Graduate coursework|
|Fees||Subject EFTSL, Level, Discipline & Census Date|
This course is designed to prepare managers for the newly developing financial services industry, in particular the banking industry. The subject addresses three main issues related to the financial services industry. First, the conceptual issues underlying the financial services industry in order to help students develop a broad view of the management function in financial services. Second, a generic set of tools for managing return and the various kinds of risk facing managers in the financial services industry. Third, regulatory changes that have occurred due to the recent financial crisis. A key component of the subject is an online bank simulation game that will enhance insights in these three issues.
Intended learning outcomes
On completion of this subject, students should be able to:
- Discuss the different financial products that financial intermediaries offer
- Manage the investment in—and holding of—financial products
- Discuss the various types of financial risk relevant to financial institutions
- Use a variety of tools to measure and hedge the various financial risks that financial institutions—and in particular banks—face in their day-to-day operations.