Banking and Insurance Risk Management

FIN70006 12.5 Credit Points Hawthorn

Duration

  • One Semester or equivalent

Contact hours

  • 36 hours

2020 teaching periods

Hawthorn

HT3  Term 3

Dates:
3 Aug 20 - 13 Sep 20

Results:
13 Oct 20

Last self enrolment:
3 Aug 20

Census:
14 Aug 20

Last withdraw without fail:
28 Aug 20


Corequisites

Nil

Aims and objectives

 
This unit provides students with the knowledge to understand different perspectives of risk management in financial service organisations. Students will learn how banks and insurance companies manage major potential risks in their businesses. This includes introducing and analysing risk management frameworks and strategies and exploring the role of regulation in reducing risks in the financial system and to investors and customers. Specific strategies and concepts covered include derivatives and insurance and the potential impacts of new financial technologies on financial services risks for different stakeholders.
 
Students who successfully complete this unit will be able to:
1. Critically analyse different risk management frameworks and apply these frameworks to identify issues faced by the banks
2. Demonstrate advanced knowledge of different risk management approaches and the types of risk covered by insurance products
3. Critically evaluate the regulatory framework in the banking and insurance sectors
4. Synthesise prior learning including the use of research techniques to address complex risk management approaches in banks and insurance companies

Courses with unit

This unit is part of the Australian Graduate School of Entrepreneurship (AGSE) suite of courses