Risk Management for Financial Institutions

Dit vak wordt in het Engels aangeboden. Omschrijvingen kunnen daardoor mogelijk alleen in het Engels worden weergegeven.

Doel vak

This course offers a comprehensive introduction in Risk Management and
especially related to financial institutions like insurance companies,
pension funds and asset managers. This course will be supported with
Deloitte experts. This course is structured in 6 parts, covering the
fundamentals how these institutions work and to what risktypes they are
Part 1 (three weeks) : Insurance companies;
Part 2 (two weeks): Pension funds;
Part 3 (one week): Asset managers.

The course consists of the following topics regarding each
part/different financial institution:
1. the working and business model;
2. supervision and regulation;
3. different risk types: Credit Risk, Market Risk and Operational Risk,
Interest Rate Risk and Liquidity Risk;
4. use of quantitative methods to identify and monitor risks
5. strategic and integrated risk management.

All parts and topics of the course are closely knitted to the learning
goals of Quantitative skills, Academic skills, Bridging theory and
practice. You will learn to think as a risk manager and will be
challenged to have a holistic view.

By the end of the course students should be able to:
- Explain and analyse the working of these financial institutions and
their business models;
- Outline and interpret regulation and the impact on these financial
- Explain, analyse and evaluate the different risk types;
- Identify and apply different risk measure techniques;
- Create and discuss a view on integrated risk management.

Inhoud vak

You will learn the fundamentals of Financial Institutions (Insurance
companies, Asset Managers and Pension Funds), and the working of these
institutions in the financial markets. What are the risks where these
institutions have to deal with? How can you use quantitative methods to
identify, monitor and report the different risks? How are they aligned
with each other and, last
but not least, how can you manage these risks with all this knowledge?
The course will also focus on how you manage an Insurance company with
regard to capital. How can you optimize your capital and is there a
future for Insurance companies? Pensions are nowadays a actual and
political topic. This course will elaborate on the complexity and
possibilities of Pension funds. Upon completion you will be challenged
to have a broader view on the issues and you will have more background
for the actual discussions. This course will be supported by Deloitte


Interactive lectures and Tutorials


Final written exam (Individual assessment) and assignments.

Vereiste voorkennis

There is no formal entrance requirement for the Deloitte minor Risk
Management except
for VWO Wiskunde A (or B).


Articles and papers will be announced on Canvas.


The Deloitte minor RMFI is for students from all bachelor programmes
(with some exceptions, see the admission criteria) who want to acquire
familiarity with Risk Management and Financial Institutions.

Aanbevolen voorkennis

Finance I, Accounting I, A basic course in quantitative methods and/or
statistics is strongly recommended.

Algemene informatie

Vakcode E_EBE3_RMFI
Studiepunten 6 EC
Periode P1
Vakniveau 300
Onderwijstaal Engels
Faculteit School of Business and Economics
Vakcoördinator M.J. Hopman
Examinator M.J. Hopman

Praktische informatie

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