Courses & Units

Financial Risk Management BFA744

Launceston

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
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Accounting and Corporate Governance
Coordinator
Level Postgraduate
Available as student elective? No
Breadth Unit? No

Availability

Location Study period Attendance options Available to
Launceston Semester 2 On-Campus International Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

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Key Dates

Study Period Start date Census date WW date End date
Semester 2 13/7/2020 10/8/2020 31/8/2020 18/10/2020

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).

Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2020.

About Census Dates

Learning Outcomes

LO1explain risk and a risk management framework
LO2be able to analyse the funding, liquidity, interest rate, foreign exchange, commodity price, credit and operational risk faced by organisations
LO3advise an organisation on the procurement and management of funding and the allocation to competing long-term investments
LO4explain the nature and characteristics of derivatives
LO5explain responsibilities for financial risk and regulatory requirements, and the control framework for managing both financial and operational risks

Fees

Domestic

Band CSP Student Contribution Full Fee Paying (domestic) Field of Education
3 2020: $1,394.00 2020: $2,702.00 080101

Fees for next year will be published in October. The fees above only apply for the year shown.

Please note: international students should refer to this page to get an indicative course cost.

Requisites

Prerequisites

BFA503 AND BFA605

Teaching

Teaching Pattern

1 x 2-hr lecture (wks 1-13), 1 x 1-hr tutorial (wks 2-13).

Assessment

Quiz (10%), Test (20%), Case Study Analysis (20%), Examination (50%).

TimetableView 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

You may need a scientific financial calculator.

Co-op Bookshop links

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.