Estimate the change in market risk of your portfolio during the crisis using Value at Risk (VaR) techniques and the Expected Shortfall.

Mapping to Programme Goals and Objectives 

Programme (Level) Learning Outcomes that this module contributes to:

Knowledge & Understanding (KU):

• Appraise knowledge of contemporary professional practice in business and management informed by theory and research (PLO1).
• Appraise knowledge of business and management to complex problems in or related to professional practice in order to identify justifiable, sustainable and responsible solutions (PLO2).

Intellectual / Professional skills & abilities (IPSA):

• Evaluate effective interpersonal communication skills and the ability to work in multi-cultural teams (PLO3).

Personal Values Attributes (PVA):

• Critique creative and critical thinking skills that involve independence, understanding, justification and the ability to challenge the thinking of self and others (PLO4).

Estimate the change in market risk of your portfolio during the crisis using Value at Risk (VaR) techniques and the Expected Shortfall.

Module-Specific Assessment Criteria

Knowledge & Understanding (KU):

• Develop a knowledge and understanding of capital risk in financial institutions arising from credit, market and liquidity risk. (MLO1)
• Critically evaluate measurement models and management issues in the context of the regulatory requirements within the banking and finance sector. (MLO2)

Intellectual / Professional skills & abilities (IPSA):

• Develop quantitative and qualitative evaluation skills whilst measuring and managing the risks covered in this module. (MLO3)
• Develop an ability to apply regulatory requirements to real-life banking and financial institution scenarios (MLO4)

Personal Values Attributes (PVA):

• Develop an awareness of the risks facing international financial markets and how management can be equipped with knowledge and expertise to implement stronger organisational controls to address risks. (MLO5)

Assessment Regulations

Please read the guidance for students regarding assessment policies. They are available online here.

Late submission of work

After the published hand-in deadline, the following penalties will apply where coursework is submitted without approval.

For coursework submitted up to 1 working day (24 hours) after the published hand-in deadline without approval, 10% of the total marks available for the assessment shall be deducted from the assessment mark.

Coursework submitted more than one working day (24 hours) after the published hand-in deadline without approval will be regarded as not having been completed. A zero mark will be awarded for the assessment, and the module will fail, irrespective of the overall module mark.

The full policy can be found here.

Word limits and penalties

No penalty will apply if the assignment is within +10% of the stated word limit. The word count should be declared on your assignment`s front page and cover sheet. The word count does not include appendices, glossary, footnotes, tables, figures and charts.

Please note that in-text citations [e.g. (Smith, 2022)] and direct secondary quotations [e.g., "dib-dab nonsense analysis" (Smith, 2022 p.123)] are INCLUDED in the word count.

The full policy is available here.

Based on the above market risk analysis, propose market risk management strategies for your portfolio.Your discussion should be clearly linked with your market risk analysis and be undergirded with relevant literature 

Academic Misconduct

The Assessment Regulations for Taught Awards (ARTA) contain the Regulations and procedures for cheating, plagiarism, and other forms of academic misconduct. The full policy is available here.

You are reminded that plagiarism, collusion, and other forms of academic misconduct, as referred to in the Academic Misconduct procedure of the assessment regulations, are taken very seriously. Assignments in which evidence of plagiarism or other forms of academic misconduct is found may receive a mark of zero.