FM7103: Compliance and Risk


Please note this module descriptor is indicative of the structure of this course and may be subject to change.

FM7103: Compliance and Risk

Module Title Compliance and Risk
Module Code FM7103
Module Tutor Daniel Gyimah
School Business School
CAT Points 15
Level of Study 7
Brief Description

This module is designed to develop a deep and practical understanding of the importance of regulatory compliance and risk management. Identification of financial and non-financial sources of business risk will be examined. In particular, this module will focus on risk management within deposit and non-deposit taking financial institutions.    

Indicative Syllabus

1. Regulatory compliance.

2. Effects of government regulation.

 3. Risk management framework.

4. Business, operational and financial risk.

5. Effects of bad risk management.

6. Modern credit risk management.

7. Risk modelling.

8. Asset liability management.

Learning Outcomes

By the end of this module, students should be able to:

1. Consolidate and extend knowledge and understanding of the theory and conceptual foundations of compliance and risk .

2. Demonstrate the application of appropriate risk management techniques.

3. Evaluate, synthesise and apply advanced and contemporary theories and techniques to a range of complex and open-ended issues, problems and situations relating to risk management, in the field of Finance.

4. Apply, with a degree of creativity and sophistication, intellectual, transferable and subject/professional skills to a range of complex and open-ended problems and situations relating to risk management, in the field of Finance.

5. Make informed judgements on problems or opportunities relating to risk management, in the field of Finance.

6. Demonstrate self-direction and originality in tackling and solving problems, act autonomously in planning and implementing tasks at a professional level.

7. Learn interdependently and independently and accept responsibility for subsequent career and continuing professional development.

8. Develop self-study and self-improvement skills appropriate for continuing professional development including critical self-awareness, self-reflection, self-management and empathy to others.

9. Develop conceptual understanding that enables students to evaluate the rigour and validity of published research and assess its relevance to new situations.

10. Take an international perspective including understanding the impact of globalisation on businesses, societies, the environment and the ethical implications thereof.


Learning and Teaching Activities Scheduled Contact Hours: 30
Independent Learning Hours: 120
Assessment (For further details see the Module Guide) 001: 40% Coursework: Individual, presentation and paperwork: 1500 words or equivalent
002: 60% Coursework: Individual, standard written: 2000 words
Special Assessment Requirements
Indicative Resources The current reading list can be found in the Module Guide, which your lecturer should make available via Moodle.

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