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COURSE OUTLINE

Risk Management for Financial Institutions

1. General

School

School of Finance and Statistics

Academic Unit

Department of Banking and Financial Management

Level of Studies

Undergraduate

Course code

ΧΡΤΡΑ07

Semester

7th

Course Title

Risk Management for Financial Institutions

Idependent Teaching Activities

Weekly Teaching Hours

Credits

Διαλέξεις
4
7,5

Course Type

Core Course

Prerequite Courses

No specific prerequisite, yet it is addressed to 4th year students, who should have taken an adequate number of courses in economics, finance and applied statistics/econometrics to be able to synthesize their knowledge

Language of Instruction and Examinations

Greek

Is the course offered to Erasmus Students?

Yes. Instruction in Greek, yet main text is available in English as well and most extra readings are in English.

Url (Eclass)

https://eclass.unipi.gr/modules/auth/courses.php?fc=64

2. Learning Outcomes

Learning Outcomes

Students are introduced to modern risk management in Banking, the historical development of these techniques, as well as the evolving nature of Bank Regulation.

General Competences
  • Search for, analysis and synthesis of data and information, using the necessary technology
  • Decision making
  • Working independently

3. Syllabus

  1. The Financial System, the international financial crisis and the Greek crisis
  2. Interest Rate Risk
    1. Duration and Portfolio Immunization.
    2. Management of Interest rate Risk: Interest Rate Futures & Swaps
    3. Management of Interest rate Risk: Securitization
  3. Credit Risk
  4. Foreign exchange risk and country risk
  5. Μarket Risk
  6. Capital Adequacy

4. Teaching and Learning Methods - Evaluation

Delivery

Face to face

Use of Information and Communications Technology

Power point presentations

Teaching Methods

Activity

Semester Workload

Lectures
52
Independent Study
135,5
Course Total
187,5

Student Performance Evaluation

In the middle of the semester there is a midterm examination that covers sections (1) and (2) of the reading list. The exam contains (a) questions of general knowledge from the reading material, (b) questions from current economic events and articles in the Financial Press that were discussed in class, (c) arithmetic problems similar to the problems in the textbook, whose solutions are distributed in the beginning of the class.

The midterm exam grade count towards the final grade only if it is better than the final exam grade.

The final exam has a similar structure as the midterm exam but covers all six sections of the course.

5. Attached Bibliography

Suggested Bibliography
  1. Textbook: Financial Institutions Management: A Risk Management Approach, by A. Saunders & M.M. Cornett, McGraw Hill, New York, 2014, 8th edition, ISBN # 978-0-07-803480-0

    ISBN: 978-9963-274-38-3 Broken Hill Publishers 2017

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