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ESTEL_Counter_Party_Risk_Risk_Mitigation_Hedging_Risk_Financial_Derivitaves_World_Bank_Currency_Risks_SWAPS_Asset_Behaviour_Currency_Speciulation_Selling
Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
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Leading To
Financial Risk Management, Global Financial Markets, Bank
Liquidity Risk and Financial Market Control Mechanism
(Double Credit)
P. 1
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ESTEL_Counter_Party_Risk_Risk_Mitigation_Hedging_Risk_Financial_Derivitaves_World_Bank_Currency_Risks_SWAPS_Asset_Behaviour_Currency_Speciulation_Selling
Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
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Leading To
Financial Risk Management, Global Financial
Markets, Bank Liquidity Risk and Financial
Market Control Mechanism (Double Credit)
P. 2
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ESTEL_Counter_Party_Risk_Risk_Mitigation_Hedging_Risk_Financial_Derivitaves_World_Bank_Currency_Risks_SWAPS_Asset_Behaviour_Currency_Speciulation_Selling
Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
Course Co-ordinator:
Prof. Dr. R. B. Crawford – Director HRODC Postgraduate Training Institute
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PhD (London),
MEd. M. (Bath),
Adv. Dip. Ed. (Bristol),
PGCIS (TVU),
ITC (UWI),
MSCOS
Member of the Asian Academy of Management - MAAM,
Member of the International Society of Gesture Studies - MISGS
Member of the Academy of Management - MAOM,
LESAN,
Visiting Professor Polytechnic University of the Philippines – PUP
For Whom This Course is Designed
This Course is Designed For:
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Managers:
Financial Consultants
Financial Consultants;
Financial Advisors;
Financial Regulators
Industry and Commerce Ministerial Representatives
World Bank Officials
International Monetary Fund Officials
Securities Specialists;
P. 3
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ESTEL_Counter_Party_Risk_Risk_Mitigation_Hedging_Risk_Financial_Derivitaves_World_Bank_Currency_Risks_SWAPS_Asset_Behaviour_Currency_Speciulation_Selling
Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
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Accountants;
Currency Derivatives Specialists
Management Accountants;
Angels;
Dragons
Venture Capitalists;
Corporate Executives
Central Bank Managers
International Fund Managers
Duration: 10 Days
Cost:
 £8,000.00 + VAT (Government Tax) Per Delegate for UK Delivery
 £10,000.00 + VAT (Government Tax) Per Delegate for non-UK European Delivery
 £10,000.00 Per Delegate for Non-European Delivery (No VAT - Government Tax)
Cost includes:
 Continuous refreshments,
 Hot Lunch,
 Stationery,
 Course Guide and Supplement,
 HRODC Postgraduate training Institute’s Diploma – Postgraduate - or
 Certificate of Attendance and Participation
Course runs from 9:30 to 4:30 pm.
Location: Central London and International Locations
Schedule - Part 1:
http://www.hrodc.com/HRODC_Seminar_Schedule_0607.International_Seminar_Schedule_UK_Seminars.htm
Click to book this course:
http://www.hrodc.com/Course_Booking_Form_London_Dubai_Kuala_Lumpur_Paris_Johannesburg
_Cairo_Jeddah_Abu_Dhabi_Kuwait_MBA_MSc_MA_Course.htm
P. 4
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ESTEL_Counter_Party_Risk_Risk_Mitigation_Hedging_Risk_Financial_Derivitaves_World_Bank_Currency_Risks_SWAPS_Asset_Behaviour_Currency_Speciulation_Selling
Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
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Course Objectives
By the conclusion of the specified learning and development activities, delegates will be able to:
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Give the general definition of risk.
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Illustrate the models towards understanding risk.
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Explain the underlying principle of financial risk management.
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Describe financial risk in the organisational setting.
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Establish the link between financial risk and the market dynamics.
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Determine the situation in which liquidity risk arises.
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Enumerate some sources of operating risk.
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Specify what are involved in managing fraud risk.
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Determine why settlement risk has been historically a particular problem in the
foreign exchange markets.
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Determine how corporate strategy leads to effective risk management.
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Define derivatives.
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Determine an investor’s reason for investing in a derivative security.
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Describe asset behaviour and pricing implication.
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Know when credit risk arises.
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Determine how credit risks are calculated.
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Ascertain the importance of considering counterparty risk in evaluating contracts.
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Describe the legal and political risk environment.
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Indicate the effects of risk in the economy.
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Establish the primary role of technology in risk management.
P. 5
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ESTEL_Counter_Party_Risk_Risk_Mitigation_Hedging_Risk_Financial_Derivitaves_World_Bank_Currency_Risks_SWAPS_Asset_Behaviour_Currency_Speciulation_Selling
Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
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Specify risks that are associated with socio-cultural change.
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Cite some risk within the financial institutions.
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Enumerate the different kinds of banking risk and explain each.
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Know the reason for the existence of foreign currency market?
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Establish the link between risk and equity market.
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Discuss about future’s market risk.
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Know what determines the extent to which the company is affected by economic
exposure.
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Illustrate the channels of economic exposure.
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Know what type of company is susceptible to transaction exposure.
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Cite some strategies to manage transaction exposure.
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Indicate when translation exposure occurs.
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Calculate risk in financial exposure.
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Conduct a risk assessment
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Learn how to manage risk with forward contracts
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Identify some financial methods of measuring risk
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Know how financial risks are quantified.
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Specify some qualitative approaches to financial risk assessment
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Find out how the interest rate derivatives market are managed
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Understand how to manage equity risk
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Learn to identify and measure currency risk
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Know how financial exposure risk are managed
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Determine how to manage currency risk
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Discuss about sensitivity analysis as risk management
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Learn how to manage risk with SWAPS
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Find out how statistical analysis is used as a risk management instrument
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Learn how to interpret statistical data
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Be knowledgeable about mean and statistical mean
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Explain probability and normal distribution
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Calculate statistics from actual data
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Understand the significance of statistics
P. 6
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Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
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Explain the concept of Chi-Squared Distribution
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Learn how to use PESTEL in risk management
Course Contents, Concepts and Issues
Part 1 - Risk: A Working Hypothesis
1. Defining Risk – Generally
2. Financial Risk: A Plausible Definition
3. Financial Risk in an Organisational Setting
4. Financial Risk and ‘Market Dynamics’
5. Liquidity Risk
6. Operating Risk
7. Fraud Risk
8. Settlement Risk
9. Corporate Strategy and Risk Management
10. The Currency Derivatives Market
Part 2 - Financial Risk and Unpredictability: Uncontrollable Environmental Issues
11. Asset Behaviour and Pricing Implications
12. Credit and Counterparty Risk
13. The Legal and Political Risk Environments
14. Risk as an Economic Factor
15. Technological Risk Factor
16. Risk associated with Socio-Cultural Change
Part 3 - Financial Risk Settings: Financial Exposure As Risk
17. Risk in Financial Institutions
18. Banking Risk
19. Risk and the Currency Market
20. Risk and the Equity Market
21. Futures Market Risk
22. Economic Exposure
P. 7
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Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
23. Transaction Exposure
24. Translation Exposure
25. Calculating Risk in Financial Exposure
Part 4 - Risk Management: A Conceptual and Statistical Meta-Analysis (1)
26. Conducting A Risk Assessment
27. Managing Risk with Forward Contracts
28. Financial methods of measuring Risk
29. Quantifying financial risks.
30. Some Qualitative Approaches To Financial Risk Assessment
31. Managing The Interest Rate Derivatives Market
32. Managing equity risk
33. Identifying and measuring Currency Risk
34. Managing Financial Exposure Risk
Part 5 - Risk Management: A Conceptual and Statistical Meta-Analysis (2)
35. Managing currency Risk
36. Sensitivity Analysis As Risk Management
37. Managing Risk with SWAPS:
38. Statistical Analysis as a Risk Management Instrument
39. Interpreting Statistical Data
40. Mean and Statistical Mean
41. Calculating statistics from actual data
42. Understanding Statistical Significance
43. Making Sense of Chi-squared Distribution
44. Using PESTEL as a Tool towards Risk Management
Part 6 - Essential Microeconomic and Macroeconomic Factors and Their
Relevance to National Economic Development
45. Infrastructural Development and Presumed and Real Economic Value;
46. The Demand for Money;
P. 8
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Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
47. Inflation and Money Supply;
48. Controlling ‘M1’;
49. The Effects of Banks on the Money Supply;
50. Quantitative Easing and its Effect Money Supply;
51. Gearing Monetary and Fiscal Policies;
52. The Determination Of Short-Term Interest Rates;
53. The Structure Of Interest Rates;
54. Currency Alignment: Problems and Benefits.
Part 7 - Financial Systems: A Review
55. The Role and Contribution of the Financial System to Economic Development
56. Insurance, Pensions and Fund Management
57. The UK Financial System
58. The US Financial System
59. The German Financial System
60. The French And Italian Financial Systems
61. Financial Systems In Northern Europe62. Asset Valuation
63. .Portfolio Management: An Analysis
64. Financial Market Efficiency
Part 8 - The 2008 Credit Crunch: Evidence, Contributors and Remedies
65. The Pros and Cons of High and Low Currency Value
66. Stabilizing Currency Value: State Control vs. Market Determinants
67. Interbank Lending and the Element of Trust
68. Analysing the 2008 Credit Crunch
69. The Credit Crunch and Intervention Failure
70. Efforts to Offset another ‘Credit Crunch’
71. Economic ‘Kick-start’: Strategic Imperatives;
P. 9
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ESTEL_Counter_Party_Risk_Risk_Mitigation_Hedging_Risk_Financial_Derivitaves_World_Bank_Currency_Risks_SWAPS_Asset_Behaviour_Currency_Speciulation_Selling
Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
Part 9 - Financial Risk Aversion: Changes In International Money Markets
72. Current Money markets
73. Bond Markets Operation
74. Equity Markets Changes
75. Foreign Exchange Markets Stabilisation Movement
76. Derivatives - The Financial Futures Markets
77. Options, SWAPS and Other Derivatives: What’s New?
78. New Roles of Central Banks: Learning From The Credit Crunch
Part 10 - Liquidity Risk Mitigation: The perceived Role of Basel III and CRD IV
1. Basel III: An Overview
79. European Capital Requirement Directive (CRD) in a Nutshell;
80. Conceptualising the modern regulation;
81. Dissecting Global Finance;
82. Finance and Banking Are Time and Motion Machines
83. The central bankers' Dilemma
84. The 'New Economy' and Financial Markets
85. Expanding financial markets and their implicit Problems;
86. Novel financial instruments and their challenges;
87. Government Regulations and VS the Growth in the complexity of derivatives;
88. Ponzi Schemes and US Regulatory Attack;
89. Global Banking and Systemic Risk
90. Is the European response to the Cyprus Banking Crisis a
Model of, or ‘Blow’ to, its own Stability?;
91. Is Basel III the Ultimate Solution?;
92. How does the European Capital Requirement Directive (CRD)
the Answer to the Basel III Implementation?
P. 10
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Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
Synopsis of Diploma – Postgraduate, Postgraduate Diploma and
Postgraduate Degree Regulation
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Delegates studying courses of 5-9 days duration, equivalent to 30-54 Credit Hours (direct
lecturer contact), will, on successful assessment, lead to the Diploma – Postgraduate. This
represents a single credit at Postgraduate Level. While 6-day and 7-day courses also lead
to a Diploma – Postgraduate, they accumulate 36 and 42 Credit Hours, respectively.
Delegates and students who fail to gain the required level of pass, at Postgraduate Level
will receive a Certificate of Attendance and Participation. The Certificate of Attendance and
Participation will not count, for cumulative purpose, towards the Postgraduate Diploma.
Courses carry varying credit values; some being double credit, triple credit, quad credit and
5-credit, etc. These, therefore, accumulate to a Postgraduate Diploma. As is explained,
later, in this document, a Postgraduate Diploma is awarded to students and delegates who
have achieved the minimum of 360 Credit Hours, within the required level of attainment.
Credit Value and Credit Hours examples of Diploma – Postgraduate Courses are as
follows:
CCrreeddiitt VVaalluuee
CCrreeddiitt H
Hoouurrss
Single-Credit
30-36
Double-Credit
60-72
Triple-Credit
90-108
Quad-Credit
120-144
10-Credit (X36 Credit-Hours) to 12Credit (X30 Credit-Hours)
360
Other Credit Values are calculated proportionately.
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Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
Because of the intensive nature of our courses and programmes, assessment will largely
be in-course, adopting differing formats. These assessment formats include, but not limited
to, in-class tests, assignments, end of course examinations. Based on these assessments,
successful candidates will receive the Diploma – Postgraduate, or Postgraduate Diploma,
as appropriate.
In the case of Diploma – Postgraduate, a minimum of 70% overall pass is expected. In
order to receive the Award of Postgraduate Diploma, candidate must have accumulated at
least the required minimum ‘credit-hours’, with a pass (of 70% and above) in at least 70%
of the courses taken.
Delegates and students who fail to achieve the requirement for Postgraduate Diploma, or
Diploma - Postgraduate - will be given support for 2 re-submissions for each course. Those
delegates who fail to achieve the assessment requirement for the Postgraduate Diploma or
Diploma - Postgraduate - on 2 resubmissions, or those who elect not to receive them, will
be awarded the Certificate of Attendance and Participation.
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Applicants for Diploma – Postgraduate, Postgraduate Diploma and Postgraduate Degrees
are required to submit the following documents:
 Completed Postgraduate Application Form, including a passport sized picture
affixed to the form;
 A copy of Issue and Photo (bio data) page of the applicant’s current valid
passport or copy of his or her Photo-embedded National Identity Card;
 Copies of credentials mentioned in the application form.
P. 12
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Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
A
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 On receipt of all the above documents we will make an assessment of the
applicants’ suitability for the Programme for which they have applied;
 If they are accepted on their Programme of choice, they will be notified
accordingly and sent Admission Letters and Invoices;
 One week after the receipt of an applicant’s payment or official payment
notification, the relevant Programme Tutor will contact him or her, by e-mail or
telephone, welcoming him or her to HRODC Postgraduate Training Institute;
 Non-European Students will be sent immigration documentation, incorporating a
Visa Support Letter. This letter will bear the applicant’s photograph and passport
details;
 Applicants will be notified of the dates, location and venue of enrolment and
orientation;
 Non-UK students will be sent general information about ‘student life’ in the UK
and Accommodation details.
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There are three delivery formats for Postgraduate Diploma Courses, as follows:
1. Intensive Full-time Mode (3 months);
2. Full-time Mode (6 month);
3. Video-Enhanced On-Line Mode.
Whichever study mode is selected, the aggregate of 360 Credit Hours must be achieved.
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All short courses can accumulate to the required number of hours, for the Postgraduate
Diploma, over a six-year period from the first registration and applies to both general and
specialist groupings. In this regard, it is important to note that short courses vary in length,
P. 13
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Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
the minimum being 5 days (Diploma – Postgraduate) – equivalent to 30 Credit Hours,
representing one credit. Twelve 5-day short courses, representing twelve credits or the
equivalent of 360 Credit Hours are, therefore, required for the Award of Postgraduate
Diploma.
A six-day course (Diploma – Postgraduate) is, therefore, equivalent to 36 hours Credit
Hours, representing one credit. Therefore, ten short courses, of this duration, equates to
the required 360 Credit Hours, qualifying for the Award of Postgraduate Diploma. While
double-credit courses last between ten and fourteen days, triple-credit courses range from
fifteen to nineteen days. Similarly, quad-credit courses are from sixteen to nineteen days.
On this basis, the definitive calculation on the Award requirement is based on the number
of hours studied (aggregate credit-value), rather than merely the number of credits
achieved. This approach is particularly useful when a student or delegate studies a mixture
of courses of different credit-values.
For those delegates choosing the accumulative route, it is advisable that at least two
credits be attempted per year. This will ensure that the required number of credit hours for
the Postgraduate diploma is achieved within the six-year time frame.
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
On the successful completion of the Postgraduate Diploma, delegates may register
for the Masters Degree, after their successful completion of Course #7: Research
Project: Design, Conduct & Report.

The Delegates’ Degree Registration Category will be dictated by the courses or
modules studied at Postgraduate Diploma Level. The categories relate to Master of
Business Administration (MBA); Master of Arts (MA) Master of Science (MSc);
Executive Master of Business Administration (Executive MBA). Additional details are
provided in the document entitled: regulation For HRODC Postgraduate Training
Institute Diploma – Postgraduate - Postgraduate Diploma and Masters Degree –
MA, MBA, MSc.
P. 14
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Financial Risk Management, Global Financial Markets, Banks Liquidity Risk and Financial Market Control Mechanism, -Diploma–
Postgraduate (Double Credit), Accumulating to Postgraduate Diploma, Progressing to a Masters Degree - MA, MBA, MSc
Terms and Conditions
HRODC Policy Terms and Conditions are Available for viewing at:
http://www.hrodc.com/COSTS.htm
Or Downloaded, at:
http://www.hrodc.com/Brochure_Download_Centre.Company_Brochures_Seminar_Brochures_Sem
inar_Schedule.htm
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