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Session: 2022/23
Last modified: 25/01/2021 14:24:20
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Title of Module: Financial Risk Management |
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Code: LNDN11008 |
SCQF Level: 11
(Scottish Credit and Qualifications Framework) |
Credit Points: 15 |
ECTS: 7.5
(European Credit Transfer Scheme) |
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| School: | School of Business & Creative Industries |
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| Module Co-ordinator: | TBC
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| Summary of Module |
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This module builds on the knowledge and understanding that you gained from the Creating Business Advantage and Financing Business modules and provides an opportunity to critically examine aspects of financial risk and how these risks can be mitigated to reduce their imp act on the finance of MNCs.
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| Module Delivery Method |
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| Face-To-Face | Blended | Fully Online | HybridC | HybridO | Work-based Learning |
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Face-To-Face
Term used to describe the traditional classroom environment where the students and the lecturer meet synchronously in the same room for the whole provision.
Blended
A mode of delivery of a module or a programme that involves online and face-to-face delivery of learning, teaching and assessment activities, student support and feedback. A programme may be considered “blended” if it includes a combination of face-to-face, online and blended modules. If an online programme has any compulsory face-to-face and campus elements it must be described as blended with clearly articulated delivery information to manage student expectations
Fully Online
Instruction that is solely delivered by web-based or internet-based technologies. This term is used to describe the previously used terms distance learning and e learning.
HybridC
Online with mandatory face-to-face learning on Campus
HybridO
Online with optional face-to-face learning on Campus
Work-based Learning
Learning activities where the main location for the learning experience is in the workplace.
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| Term(s) for Module Delivery |
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(Provided viable student numbers permit).
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| Term 1 | | Term 2 | | Term 3 | |
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| Learning Outcomes: (maximum of 5 statements) |
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On successful completion of this module the student will be able to:
L1.
Demonstrate a critical understanding of the impact of financial risk on a business
L2.
Critically evaluate the use of products that mitigate financial risk in business
L3.
. Demonstrate a critical understanding of current factors that impact on financial risk |
| Employability Skills and Personal Development Planning (PDP) Skills |
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| SCQF Headings |
During completion of this module, there will be an opportunity to achieve
core skills in:
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| Knowledge and Understanding (K and U) |
SCQF Level 11.
Demonstrating a broad and integrated knowledge and critical understanding of financial risk and how this can be minimised |
| Practice: Applied Knowledge and Understanding |
SCQF Level 11.
Applying knowledge, skills and understanding in using a range of the principal skills, techniques, practices and/or materials that are at the forefront of, or informed by forefront developments in financial risk and financial risk management.
Applying a significant range of the techniques and strategies required to evaluate the appropriate use of risk mitigating products and tactics.
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| Generic Cognitive skills |
SCQF Level 11.
Engaging with formative and summative assessment to recognise and assess suitability, and appropriate use, of a range of internal and external financial risk mitigation techniques and products and providing carefully judged solutions to financial risk in a business. |
| Communication, ICT and Numeracy Skills |
SCQF Level 11.
Presenting decisions on the appropriate use of financial risk techniques and products using a range of communication methods.
Using a wide range of ICT applications to support and enhance work at this level.
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| Autonomy, Accountability and Working with others |
SCQF Level 11.
Using realistic business scenarios to work independently and/or in group settings to identify areas of financial risk and their appropriate solutions. |
| Pre-requisites: |
Before undertaking this module the student should have
undertaken the following:
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Module Code:
| Module Title:
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| Other: | |
| Co-requisites | Module Code:
| Module Title:
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* Indicates that module descriptor is not published.
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| Learning and Teaching |
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The module will use, for the most part, a flipped classroom approach. Using realistic business cases, you will identify the areas within a business where financial risk may arise and will attempt to match a range of techniques and products to provide solutions that reduce the potential risk. You will be required to prepare in advance for each session by reading the relevant chapters or key texts and/or recommended reading materials set by the module coordinator.
Business scenarios will draw on the key topics of the module and you will work both independently and in groups to develop a deep and critical understanding and analysis of the subject area.
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Learning Activities
During completion of this module, the learning activities undertaken to
achieve the module learning outcomes are stated below:
| Student Learning Hours
(Normally totalling 200 hours):
(Note: Learning hours include both contact hours and hours spent on other learning activities) |
| Lecture/Core Content Delivery | 12 |
| Tutorial/Synchronous Support Activity | 6 |
| Asynchronous Class Activity | 24 |
| Independent Study | 108 |
| 150
Hours Total
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**Indicative Resources: (eg. Core text, journals, internet
access)
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The following materials form essential underpinning for the module content
and ultimately for the learning outcomes:
Pilbeam, K. Financial & Financial Markets (latest edition). MacMillan Education, Palgrave.
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(**N.B. Although reading lists should include current publications,
students are advised (particularly for material marked with an asterisk*) to
wait until the start of session for confirmation of the most up-to-date
material)
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| Engagement Requirements |
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In line with the Academic Engagement Procedure, Students are defined as academically engaged if they are regularly engaged with timetabled teaching sessions, course-related learning resources including those in the Library and on the relevant learning platform, and complete assessments and submit these on time. Please refer to the Academic Engagement Procedure at the following link: Academic engagement procedure |
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Supplemental Information
| Programme Board | Accounting, Finance and Law |
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| Assessment Results (Pass/Fail) |
No
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| Subject Panel | AFL |
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| Moderator | TBC |
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| External Examiner | TBC |
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| Accreditation Details | N/A |
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| Version Number | 1 |
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| Assessment: (also refer to Assessment Outcomes Grids below) |
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| A case study-based scenario will be used and assessment will require you to identify key areas of potential financial risk, and recommend techniques and products that will help to reduce this risk. The assessment could take the form of a professional report or briefing paper to a company’s Board of Directors. This assessment will contribute 100% towards the final module mark. |
(N.B. (i) Assessment Outcomes Grids for the module
(one for each component) can be found below which clearly demonstrate how the learning outcomes of the module
will be assessed.
(ii) An indicative schedule listing approximate times
within the academic calendar when assessment is likely to feature will be
provided within the Student Handbook.)
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Assessment Outcome Grids (Footnote A.)
Footnotes
A. Referred to within Assessment Section above
B. Identified in the Learning Outcome Section above
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Note(s):
- More than one assessment method can be used to assess individual learning outcomes.
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Schools are responsible for determining student contact hours. Please refer to University Policy on contact hours (extract contained within section 10 of the Module Descriptor guidance note).
This will normally be variable across Schools, dependent on Programmes &/or Professional requirements.
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| Equality and Diversity |
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The Equality, Diversity and Human Rights policy underpins student engagement. We aim to make UWS a fair and equal place to study an institution which addresses specific issues covering all aspects of equality, diversity and human rights. Where required module assessment will be adapted to meet student requirements.
UWS Equality and Diversity Policy |
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(N.B. Every effort
will be made by the University to accommodate any equality and diversity issues
brought to the attention of the School)
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