AF6003 |
BANKING RISK 1
|
In this module, you will learn and examine the banking risk faced by
banks and
financial institutions. This module takes you through the specific areas
of credit
and market risks within the context of the relevant regulatory framework
(The Basel
Accords) and draws on case study material provided by high profile banks
and
financial institution.
You will be expected to develop an understanding of the nature of credit and
market
risks, its measurement models and management issues. The module will
cover:
• A typology of risk in banking and financial institutions –
definitions,
types, and its
importance as well as discussions on certainty, risk, and uncertainty.
• The nature and significance of market risk
• Measuring market risk through Value-at-Risk (VaR) models
(variance-covariance,
historical simulation and Monte-Carlo simulation models), back-testing,
stress-testing,
bootstrapping, expected shortfall and other regulatory models.
• Market risk regulatory framework using the Basel Accords.
• Credit decision-making and credit risk in consumer and industrial
loans.
• Measuring credit risk through credit scoring models, credit VaR
models
(Creditmetrics,
Creditrisk+).
• Credit risk regulatory framework using the Basel Accords.
• Counterparty Credit Risk (CCR) in derivatives and credit valuation
adjustment (CVA).
|
CORE, 20 Credits |
AF6006 |
INVESTMENT MANAGEMENT: RATIONAL AND IRRATIONAL MARKETS
|
The module aims to provide you with the knowledge and skills of
applying a variety
of quantitative and financial tools to construct, rebalance and evaluate
portfolio
consisting of financial assets mainly equities.
The module is organised within the themes of rational and irrational
decisionmaking in
investments (A Nobel Prize was awarded in 2013 to Eugene Fama and Robert
Shiller for
their contributions in these areas). The module delivers on Fama’s
claim of
markets
efficiency, with people incorporating all available information into prices.
It then
extends onto Shiller’s view that investors, being human, can be swayed
by
psychology.
Therefore you will learn the psychological influence and market efficiency
alongside
principles in the context of investment in real world financial assets. You
will be
exposed to a wide range of understanding techniques for use in rebalancing,
comparing
and analysis and evaluation of portfolio made of financial assets.
Furthermore, you will
gain practical understanding of various aspects of asset allocation,
portfolio
management strategies and important behavioural issues affecting your
portfolio choice.
The module is delivered to you using lectures and IT workshops, the
workshops
principally concentrate on the development of your trading software and
Excel
spreadsheet skills. Overall within the module you will explore the
assumptions of
rationality and irrationality in investments and their impact on
decisionmaking.
|
CORE, 20 Credits |
AF6007 |
BANKING RISK 2
|
In this module, you will examine the interest rate, liquidity and
operational
risks face by banks and financial institutions. You will also learn the
measurement
and management aspects of these banking risks with the help of case
studies within
the banking and finance institutions.
Further, a key aspect of the module is to determine why an effective fraud
risk
assessment framework is essential to the banking and financial institutions.
You will be
developing and communicating an effective fraud risk assessment framework.
Prominent
real life financial disasters would also be examined to demonstrate how
these issues can
impact upon banking and financial institutions.
|
CORE, 20 Credits |
NX9625 |
DISSERTATION
|
The dissertation module aims to equip you with the necessary
intellectual and
practical skills for undertaking an individual student-led, ethical
investigation into an applied business (or the named degree) problem or
issue.
In addition, the dissertation aims to equip you with key transferable,
employability
skills, including: time management, project
management, communication (written and verbal), negotiation, persuasion and
influence, discovery, initiative, creativity and innovation in
problem-solving
analysis.
The module is student-led but you are supported by, initially, lectures and
seminar-workshops which provide an introduction to undertaking
Business-Management
research followed by one-to-one or small-group supervision meetings.
|
OPTIONAL, 40 Credits |
NX9626 |
UNDERGRADUATE CONSULTANCY PROJECT
|
The module aims to provide you with an opportunity to integrate the
knowledge
acquired during the programme and apply this to a consultancy project
for a real
organisation. This consultancy project provides a vehicle for
participants to
develop and demonstrate key employability skills, to relate theory to
practice,
and to undertake a significant piece of assessed work commensurate with
a
capstone module.
You will work on behalf of an external organisation, which has identified a
business
problem or question, requiring a solution, working in small group of
typically 4
individuals (you will select their own team members), participating in group
and
individual activities. The host organisation will provide a project
briefing, and
review; students will be supported by appropriate academic input and
guidance from
Newcastle Business School in the form of a mentor and via the Business
Clinic. |
OPTIONAL, 40 Credits |
SM9627 |
SUSTAINABLE STRATEGIES
|
In the first instance the idea of sustainable strategies can be seen
to be about
a continuous and stable alignment between intent, formulation,
implementation
and outcome realisation for an organisation.
However, from a more comprehensive perspective it is about engaging a wide
range of
stakeholder domains, including the players along the value chain, society,
and the
environment. This module will provide you with a perspective on core
strategy from
the vantage point of an organisation and the ability to analyse, formulate
and
critique business strategies. You will be able to understand and reflect on
the
scope and limitations of tools and techniques deployed to inform business
strategies
and their sustainability premises. It will, as a bolt on, impart an emphasis
for
stepping back and looking at strategies from a macro-level sustainability
perspective as is very topical and at the forefront of policy and business
concerns.
|
CORE, 20 Credits |