Courses & Units
Financial Risk Management BFA744
Introduction
Organisations are vulnerable to financial risk, including funding and liquidity risk, market risk from interest rate, exchange rate or commodity price movements, credit risk and operational risk. The purpose of this subject is to equip you with the necessary skills to assess these financial risks and manage them strategically with the use of financial instruments. The Financial Risk Management unit discusses the process of investment evaluation that is covered in the Strategic Management Accounting subject and examines some of the practical elements and complexities of hedge accounting in relation to the international financial reporting standards that are covered in the Financial Reporting subject.
Summary
| Unit name | Financial Risk Management |
|---|---|
| Unit code | BFA744 |
| Credit points | 12.5 |
| College/School | College of Business & Economics Tasmanian School of Business and Economics |
| Discipline | Accounting |
| Coordinator | Doctor Richard Mawulawoe Ahadzie |
| Delivered By | University of Tasmania |
| Level | Postgraduate |
Availability
This unit is currently unavailable.
Note
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Unit census dates currently displaying for 2024 are indicative and subject to change. Finalised census dates for 2024 will be available from the 1st October 2023. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
Learning Outcomes
- explain risk and a risk management framework
- be able to analyse the funding, liquidity, interest rate, foreign exchange, commodity price, credit and operational risk faced by organisations
- advise an organisation on the procurement and management of funding and the allocation to competing long-term investments
- explain the nature and characteristics of derivatives
- explain responsibilities for financial risk and regulatory requirements, and the control framework for managing both financial and operational risks
Fee Information
| Field of Education | Commencing Student Contribution 1,3 | Grandfathered Student Contribution 1,3 | Approved Pathway Course Student Contribution 2,3 | Domestic Full Fee 4 |
|---|---|---|---|---|
| not applicable |
1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.
If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.
Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.
Requisites
Prerequisites
BFA503 AND BFA605Teaching
| Assessment | Test or quiz (10%)|Case Study (20%)|Test or quiz (20%)|Examination - invigilated (centrally) (50%) |
|---|---|
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
Module topic notes – to be available on MyLO. Hull, J.C. (2018). Risk Management and Financial Institutions, 5th edn, Wiley Finance. |
|---|---|
| Recommended | N/A | Links | Booktopia textbook finder |
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