FINANCIAL MARKETS & FINANCIAL RISK MANAGEMENT.
Who would benefit from this module? This module would benefit those working in central banks as well as investment banks and rating agencies and those working as Asset Managers and Reserves Managers who need to gain an understanding of how it is derived and implemented as well as its effects.
Faculty . This module is led by Philippe Mueller (Professor of Finance, WBS). You will also learn and interact with academics and practitioners including Ben Funnell (Former Man Group Portfolio Manager).
Module overview . In this module you will cover the fundamental concepts of international finance, emphasising the operation of the spot and derivative securities in international markets. The module considers the management of foreign exchange risk for multinationals and studies financial instruments as well as regulatory aspects. The module covers international banking and the stability of global financial systems. You’ll also cover financial risk management in banks and insurers. The module introduces the necessary tools to manage the main risk categories, such as market or credit risk, as well as highlighting important commonalities and differences in risks and risk management frameworks between the banking and insurance sectors.
Key benefits .
International markets . Gain a fundamental understanding of international markets. Banking and insurance . Understand similarities and differences between the banking and insurance sectors. Risk management . Understand the similarities and differences in risk management frameworks. Award . Gain a Postgraduate Award upon successful completion.
For those in the finance industry, this module can increase your skills and open new doors for exploring this side of Risk Management. Divya Kaushik . Global Central Banking and Financial Regulation qualifications participant .
Module structure . The module lasts for 17 weeks
and culminates in an assessment. Module materials are organised into 10 lessons – each lasting one week. You can expect to spend around 11 hours studying per lesson.
Lessons include reading materials, video interviews, discussion points, reflection activities. There are four wbsLive online sessions with your tutor. The module covers some technical material - maths booster resources are available if required.
Key information .
Key topics covered .
The module will start in February 2027.
Measuring VaR and expected shortfall. Market risk including interest rate risk, equity risk, foreign exchange risk. International banking (wholesale
Measuring economic capital for market risk assessment. Controlling market risk through asset and liability management (ALM). International
Historical simulation of VaR and expected shortfall. Foreign exchange risk for multinational firms (strategies and instruments).
This module features a two-week induction period.
Watch the film
■ Economic and
banking, banking crises, regulatory capital).
investment (speculative
regulatory capital planning for banks and insurers
strategies, country risk, cross-listing).
wbs.ac.uk/go/
FinancialRisk
Please note that this is not an exhaustive list and we recommend you contact us for a more detailed discussion.
wbs.ac.uk/go/banking
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Global Central Banking & Financial Regulation qualification
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