Financial Risk Management MSc 2020/21 entry

Course code:

FBLT028

Study options:

1 year full-time
2 years part-time

Location:

Coventry University

Starting:

September 2020

 

Fees:

2020/21 fees TBC*
2019/20 fees - £11,450

Find out more

Faculty:

Get in touch

For questions regarding study and admissions please contact us:

+44 (0) 24 7765 4321
ukpostgraduate@coventry.ac.uk

Overview

Financial risk management is an essential discipline within the global financial sector, focused on safeguarding the financial well-being of corporations and financial institutions alike.

This course aims to provide you with expertise in the field, through combining an understanding of financial risk management theories with a focus on their practical application to real-world problems, to help you prepare for a potentially highly rewarding career in a variety of financial service sectors.

By studying at Coventry Business School, you will have the opportunity to have teaching sessions in our Trading Floor, one of the largest academic trading floors in Europe, which is equipped with industry standard financial software and databases to give you the opportunity to gain hands-on experience relevant to your future career.

Why Coventry University?

An award-winning university, we are committed to providing our students with the best possible experience. We continue to invest in both our facilities and our innovative approach to education. Our students benefit from industry-relevant teaching, and resources and support designed to help them succeed. These range from our modern library and computing facilities to dedicated careers advice and our impressive Students’ Union activities.

Global ready

An international outlook, with global opportunities

Employability

Career-ready graduates, with the skills to succeed

Student experience

All the support you need, in a top student city

Accreditation & Professional Recognition Heading

This course is accredited and recognised by the following bodies:

Chartered Association of Business Schools (CABS)

Coventry Business School is currently an active member of the Chartered Association of Business Schools (CABS)


European Foundation for Management Development (EFMD)

Coventry Business School is currently an active member of the European Foundation for Management Development (EFMD).

Course information

The MSc in Financial Risk Management aims to provide you with the opportunity to develop specialist knowledge in finance, with a particular focus on financial risk management.

It combines critical analysis and understanding of concepts and theories in financial risk management with development of a quantitative financial risk-assessment skill set, all embedded within real-world applications.

The course will involve critical evaluation, interpretation and communication of risk information and data for tactical and strategic financial risk management purposes. You will also have the opportunity to explore financial risk management as it manifests in a variety of forms, including market risk, credit risk, and liquidity risk.

It seeks to enhance your knowledge and skills in critical analysis, through an in-depth study of key issues relating to the subject matter. For example, concepts and principles not only explaining how financial risk arises, but importantly also how it can be mitigated, at the level of individual financial assets and liabilities, at portfolio level, and at enterprise level.

The course will establish a theoretical foundation which comprehensively explores the complex and dynamic financial relationships manifesting the most important types of financial risks encountered in business, such as market risk, credit risk, and liquidity risk. Furthermore, since theoretical underpinnings are explored in the context of industry-relevant applications, graduates of the course should be able to realise inherent competitive advantages that promote eventual transition into the workplace. Through a process of inclusive learning, you will also have the opportunity to evaluate the regulatory framework applied to banks in order to gain a critical awareness of the importance of regulation and its many challenges.

Course Specification
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Modules

Overview

The modules offered on this course include those focused on broad topics within finance, such as Corporate Finance or Financial Engineering, alongside more specific modules, focused on the study of risk, such as Risk and Insurance and Market Risk Management.

In your final semester, you will also study a module developed in partnership with the Chartered Management Institute (CMI), focused on consultancy, which can lead to a professional qualification upon successful completion.

Modules

  • Corporate Finance

  • Quantitative Methods

  • Market Risk Management

  • Credit Risk Management

  • International Banking

  • Fund Management

  • Risk and Insurance

  • Financial Engineering

  • Project

  • Global Professional Development - Consultancy

We regularly review our course content, to make it relevant and current for the benefit of our students. For these reasons, course modules may be updated.

In more detail...

  • Study at Coventry Business School, which was ranked as ‘Excellent’ in 2018 by Eduniversal, an annual ranking of business schools in 150 countries
  • Experience industry standard financial tools in our Trading Floor, equipped with 42 dual screen Bloomberg terminals
  • Learn from academic staff who currently have research expertise in relevant topics within financial risk management
  • Develop further insight into the financial risk management industry through guest lectures from professionals in the sector (subject to availability)

The main study themes covered on the course are;

  • Financial risk management theories - Develop your critical understanding of financial risk management theories, quantitative methods, contemporary research, and applications in the real-world.
  • Control of financial risks - Provide you with training in the application of critical inquiry skills for the identification, measurement, and control of financial risks to which organisations, including providers of financial services, are exposed.
  • International financial risks –To enhance your global skills and international perspectives to increase your performance and effectiveness when dealing with the complexities of risks which impact contemporary financial products and services, financial institutions, corporations, and the global economy.
  • Wider economic and financial context – Increase your awareness of the influence of financial risk management on the real economy and global financial stability.

The course will comprise a host of teaching and learning methods including lectures, seminars, case studies, flipped classroom teaching and specialist training on financial databases.

For training on financial databases (e.g. Fitch Connect) and financial software, the Trading Room (i.e. Bloomberg) will be incorporated into teaching. Furthermore, some lectures will incorporate online quizzes to test your understanding whilst others will use more traditional methods of learning such as interactive class discussions and group work.

All lecturers aim to provide online copies of lecture slides, seminar material, module guides and assessment details, as well as providing additional information on resources within their Moodle web page. Additionally, you will have access to the vast resources available at the library in either physical or digital format.

Guest lecturers will be invited to deliver lectures on topics of particular contemporary importance in financial risk management, which will further enhance your experience and provide an excellent insight into both the theory and application of financial risk management (subject to availability).

Teaching from the course team will be research led as many of the course team members are active research participants in the frontier-advancement of financial risk management knowledge.

This course will be assessed using a variety of methods which will could vary depending upon the module.

The Coventry University Group assessment strategy ensures that our courses are fairly assessed and allows us to monitor student progression towards the achieving the intended learning outcomes. Assessments may include exams, individual assignments or group work elements.

Upon successful completion, you will be able to;

  • Examine in depth, financial theories, financial risk and valuation models, financial risk management appraisal techniques and practices, and their application within organisational as well as systemic and global real-world contexts.
  • Critically analyse and evaluate contemporary literature and financial risk information in order to apply individual judgment and creativity in the selection of appropriate financial risk mitigation solutions and financial risk controls for non-financial organisations as well as providers of financial services including banks, asset management firms, and insurance companies.
  • Critically examine and systematically assess multiple dimensions of financial risk within complex scenarios impacting financial and non-financial organisations. Formulate suitable approaches to financial risk and capital management which can be formalised within financial risk strategies and policies.
  • Identify, extract, and interpret financial risk information and data from multiple sources to confidently articulate financial risk in informed but simplified communication to a global audience of communities, stakeholder groups, and other interested parties.
  • Critically explore the range and application of digital tools that support a solution-focussed evaluation and measurement of financial risk which enables decision-makers to safeguard organisations.
  • Employ intercultural skills to work effectively within diverse teams and negotiate multiple financial risk perspectives in order to formulate and apply appropriate and successful financial risk management strategies which are ethically sensitive and socially responsible.
  • Demonstrate knowledge, in-depth understanding, and application of the principles of consultancy and the theories and practices found in leadership.
  • Develop the capacity to plan and realise continuous professional learning and development objectives, as well as attain membership of relevant professional bodies

Within your first and second semester, you will have up to 16 contact hours of teaching a week which will include:

  • Medium group teaching, such as seminars each week.
  • Large group teaching, such as lectures each week.

A strong emphasis is placed on the project module in your final semester and therefore total teaching contact hours may be reduced in the final semester.

In addition, you will be expected to undertake a significant amount of self-directed studying and revising in your own time each week, including some guided study using hand-outs, online activities etc.

At Coventry Business School in 2018/19, over half of our students were from outside the UK and therefore you will have the opportunity to work in multinational teams during your studies, learning about your fellow students’ cultures and building networks of friends throughout the world, who could even become your future business contacts.

Furthermore, the Centre for Global Engagement (CGE) is Coventry University’s dedicated service that supports students’ international experience. Whether you are interested in studying abroad or would like to gain some work, volunteering or teaching experience in the UK, Europe or beyond, CGE is here to make it a reality (additional costs may apply).

Please note that any work experience, volunteering or teaching experiences may be subject to additional costs, application processes, may be subject to availability and/or will require you to meet any applicable visa requirements.

Global ready

Did you know we help more students travel internationally than any other UK university according to data from the experts in higher education data and analysis, HESA?

In 2016/17, we were able to provide a total of 3,482 student experiences abroad that lasted at least five days.

Much of this travel is made possible through our Global Leaders Programme, which enables students to prepare for the challenges of the global employment market, as well as strengthening and developing their broader personal and professional skills.

Explore our international experiences

1st for

international experiences

Sending more students overseas than any other UK uni (HESA 2016/17)


3,482

Student experiences

The number of student trips abroad for at least 5 days in 2016/17


21,000

and counting

The number of students we’ve helped travel internationally so far

12

global programmes

As well as trips, we offer other opportunities like language courses


Entry Requirements

The course is subject to the general University admission procedures and access policies.

To be accepted for the course you must possess either: 

  • an honours undergraduate degree (minimum of 2:2) in an appropriate business or finance background 
  • OR appropriate work experience in the financial sector together with relevant professional qualifications. 


Careful monitoring of applications to ensure that successful applicants are suited to the course takes place. Where necessary, applicants are interviewed, especially those that do not appear to meet standard admissions criteria. 

Where deemed appropriate, a written exercise may be administered to establish suitability.

Accreditation for prior learning (APL) is in accordance with University regulations. 

The course is subject to the general University admission procedures and access policies.

  • To be accepted for the course you must possess either: 
  • an honours undergraduate degree (minimum of 2:2) in an appropriate business or finance background OR appropriate work experience in the financial sector together with relevant professional qualifications. 


Careful monitoring of applications to ensure that successful applicants are suited to the course takes place. Where necessary, applicants are interviewed, especially those that do not appear to meet standard admissions criteria. 

Where deemed appropriate, a written exercise may be administered to establish suitability.

Accreditation for prior learning (APL) is in accordance with University regulations.

English as a Foreign Language: This course requires IELTS of 6.5 overall, with no component lower than 5.5. Pre-sessional English is available if required.

Our International Student Hub offers information on entry requirements for your country, as well as contact details for agents and representatives should you need more advice.

More detail

The course is subject to the general University admission procedures and access policies.

  • To be accepted for the course you must possess either: 
  • an honours undergraduate degree (minimum of 2:2) in an appropriate business or finance background OR appropriate work experience in the financial sector together with relevant professional qualifications. 


Careful monitoring of applications to ensure that successful applicants are suited to the course takes place. Where necessary, applicants are interviewed, especially those that do not appear to meet standard admissions criteria. 

Where deemed appropriate, a written exercise may be administered to establish suitability.

Accreditation for prior learning (APL) is in accordance with University regulations.

English as a Foreign Language: This course requires IELTS of 6.5 overall, with no component lower than 5.5. Pre-sessional English is available if required.

Our International Student Hub offers information on entry requirements for your country, as well as contact details for agents and representatives should you need more advice.

More detail

Tuition Fees

We pride ourselves on offering competitive tuition fees which we review on an annual basis and offer a wide range of scholarships to support students with their studies. Course fees are calculated on the basis of what it costs to teach each course and we aim for total financial transparency.

Starts

Fee


September 2020

2020/21 fees TBC*
2019/20 fees - £11,450 (per year)


UK Scholarships

If you're a truly outstanding undergraduate candidate we may be able to offer you a Coventry University Scholarship. Coventry University Scholarships are awarded to recognise truly exceptional sports achievement and academic excellence.

Starts

Fee


September 2020

2020/21 fees TBC*
2019/20 fees - £11,450 (per year)


EU Scholarships

We're investing into scholarships for high achieving and enterprising students.

Our scholarships are worth up to £10,000 and every student that applies will be considered. Fulfil your potential this academic year with Coventry University!

Starts

Fee


September 2020

2020/21 fees TBC*
2019/20 fees - £15,800 (per year)


International Scholarships

We're investing into scholarships for high achieving and enterprising students.

Our scholarships are worth up to £10,000 and every student that applies will be considered. Fulfil your potential this academic year with Coventry University!

EU student fees

EU nationals and their family members starting in the 2019/20 academic year remain eligible for the same fees as home students and the same financial support. Financial support comes from Student Finance England, and covers undergraduate and postgraduate study for the duration of their course, providing they meet the residency requirement.

For tuition fee loans

EU nationals must have resided in the European Economic Area (EEA) or Switzerland for the three years prior to the start of their course. The purpose of that three year residency should not have been mainly for the purpose of receiving full time education.

For maintenance loans

EU nationals must have resided in the UK and Islands for the five years prior to the start of their course. The purpose of that five year residency should not have been mainly for the purpose of receiving full time education.

Career prospects

This course aims to provide you with expertise in financial risk management, thereby preparing you for employment within a relatively broad array of financial service sectors, such as insurance, pensions, asset management, and banking, as well as corporations in various business segments.

Roles within those institutions could include financial analyst, asset manager, risk manager, and treasurer.

The course will incorporate embedded employability, through our employment and work placement advisors, who offer dedicated postgraduate employment support and have relevant industry experience. These advisors not only provide specialist support and guidance on the UK and international recruitment processes, but also manage relationships with local and national organisations, to help generate networking opportunities.

Disclaimer

By accepting your offer of a place and enrolling with us, a Student Contract will be formed between you and the University. A copy of the 19/20 Contract can be found here. The Contract details your rights and the obligations you will be bound by during your time as a student and contains the obligations that the University will owe to you. You should read the Contract before you accept an offer of a place and before you enrol at the University.

The tuition fee for the course that is stated on the webpage and in the prospectus will apply. If the duration of the course is longer than one academic year, the University may increase the fee for each subsequent year of study but any such increases will be no more than inflation.

*2020/2021 course fees have not yet been determined by the University or government legislation. Once the course fees have been determined, the course web page will be updated to reflect your first year course fee. Please continue to revisit the course web page to identify the fee before you accept an offer of a place on the course and/or before you enrol at the University.

Coventry University ranked 15 in the UK
Coventry University awarded TEF GOLD Teaching Excellence Framework
University of the year for student experience
QS Five Star Rating 2019
Coventry City of Culture 2021