Financial Risk Management

Qualification: Undergraduate unit
Study mode: Online
Payment options: FEE-HELP may be available
Duration: 13 weeks
Start date: Enquire now for upcoming start dates
Awarded by: Swinburne University of Technology
Course Unit A course unit is a single subject offered as part of a program of study, but can be completed individually. You may receive Recognition of Prior Learning for studying this unit.

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About this unit

Financial Risk Management, a unit provided by Open Universities Australia in association with Swinburne University, provides you with a comprehensive understanding of financial risks posed to a business entity, and how to mitigate them. You will analyse interest rates, currency swaps, and learn basic hedging strategies to ensure a business’s assets are spread evenly.

To begin with, you will gain an introduction to risk management before considering option prices, strategies, and hedging opportunities. Following this, you will examine interest rates and foreign currency swaps, before exploring future forecasting and interest rate derivatives. Finally, you will explore financial risk management procedures and policies, and how to conduct business ethically.

Ultimately, Financial Risk Management provides you with a sophisticated understanding of the various strategies and procedures involved in the management of financial risk, and how they can protect a business. Once you have learned these essential processes, you will be able to apply these risk mitigation strategies to real-world business contexts.

Eligibility

To be eligible to enrol, you must have successfully completed the following unit or have equivalent knowledge:

  • Financial Management

Areas of study

In this Financial Risk Management unit, the topics you will study include:

  • Introduction to financial risk management
  • Options: option types, option payoffs, principles of option pricing, option strategies, hedging with options
  • Interest rate and foreign currency swaps
  • Futures and forwards: pricing, valuation and their use in hedging financial risk
  • Interest rate derivatives, using interest rate caps and collars for hedging
  • Credit derivatives: credit default swaps (CDS); collateralised debt obligations (CDO)
  • Financial risk management policies and procedures, ethics and governance

Course pathways

This unit is part of a major, minor, stream or specialisation in the following course:

  • Bachelor of Business, Swinburne University

Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.

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Want more information about this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

Worried your online qualification won't be recognised? Think again.

How will this unit advance my career?

Possessing the expertise needed to help a business mitigate, or even avert, financial crisis puts you in a hugely lucrative position. Since the credit crisis of 2008, contemporary business has seen the need to employ far more effective financial risk management professionals than it did before the crash. Therefore, there has never been a better time to embark on a career in financial risk management – it is lucrative, rewarding, and highly necessary.

How else will I benefit from this unit?

  • Upon successful completion of this unit you will receive credit for competencies in Financial Risk Management from Swinburne University.
  • Studying online means you can study where you want, at your own pace.
  • Gain industry-relevant skills and transferrable knowledge.
  • Government financial support through FEE-HELP and HECS-HELP may be available.
  • Studying single units allows you the flexibility to work towards a qualification at your own pace.
  • Receive Recognition of Prior Learning (RPL) for this unit across a number of OUA's full degree programs.

Get more information

Want more information about the career benefits of this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

Financial assistance

If you are an Australian citizen, you may be eligible to receive a government HECS-HELP or FEE-HELP loan, meaning you can defer payment of your fees.

 

Get more information

Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

You may be eligible to receive FEE-HELP for this course!

This course can be paid for through the FEE-HELP government loan scheme. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.

Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).

Find out more about government study loans here.
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OUA's devotion to online education remains to this day, but where they once focused on higher education, today they offer the broadest set of post-secondary education and training programs in Australia.
Open Universities Australia offers a range of administrative and student support options. As a student of OUA you will have access to four hours of free expert tutoring support for each unit undertaken through the tutoring service SMARTHINKING. This on-demand service allows you to get fast, detailed feedback on your assignment drafts and gives you access to your tutor in real time.

The My OUA portal is an online student medium that allows you access to all your course and enrolment information as well as access to student forums and assessment tips.

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Get more information

Want more information about the career benefits of this course?
Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

FREE CALL 1800 063 523

Monday to Friday: 8am - late
Saturday and Sunday: 9am - 5pm

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