AF3S550 - Risk and Governance 09 Mar 2020 - 31 Aug 2025 | Version 1

Associated Module Information

Module Code: AF3S550
Module Title: Risk and Governance
Faculty: Faculty of Business and Creative Industries
Faculty Group: Accounting and Finance
Faculty Sub Group: Accounting and Finance
Module Leader: Brian Telford
Module Team: Jared Davies
First Intended Intake: SEP 2020 Final Year of Intake: 2024
Date Closed:
Credit Value: 20 Credit Level: 6
Language: English
Percentage of Module Taught in Welsh: 0
Equivalent Module:
HECOS codes: 100105 - accounting
HECOS Code Weighting: 100

Document Version Information

Version 1
Valid From 09 Mar 2020
Valid To 31 Aug 2025

Module Aims

This module aims to develop a critical understanding of risk in the context of corporate governance, including theories, guidelines and practical strategies and methods for managing risk.

Content Summary

Overview of risk and risk management

Corporate governance

Ethics and corporate social responsibility

Internal control environment for managing risk

Risk management process

Treasury risk management: liquidity risk, credit risk, market risk.

Derivatives: futures, forward contracts, options and swaps.

Learning and Teaching Methods

Activity Type Hours
Practical classes and workshops 44
Independent Study 96
Directed Study 56
Formative Assessment - Scheduled 4
Total Hours Selected 200

Learning Outcomes

# Learning Outcome
LO1 Critically evaluate corporate governance practices and risk management strategies in an organisational context.
LO2 Assess financial risk management for an organisation

Module Requisites

N/A

Assessment Criteria

Assessment Category Assessment Type Description Duration Word Count Weight (%) Best of? Pass Mark
Written Assignment (CW) Report (CW) 1 Compare and contrast financial risk management of two listed companies in the same industry. 0 3000 50 No 40
Written Assignment (CW) Literature/Book/Paper Review (CW) 1 Review of the literature on an aspect of corporate governance/risk management 0 3000 50 No 40

Assessment Matrix

Assessment Type Learning Outcomes
LO1 LO2
Report (CW) 1
Literature/Book/Paper Review (CW) 1

Reading List

Dorfman, M. and Cather, D. (2012) Introduction to Risk Management and Insurance

Solomon, J. Corporate Governance

Association of Insurance and Risk Management in Industry and Commerce (Airmic)

https://www.airmic.com/