Risk Management and Financial Engineering teaches you to design, build and implement financial products and processes. By studying the latest developments in financial engineering, you’ll learn to produce financial tools that maximise returns and minimise risk.
This unit, delivered online by Open Universities Australia and RMIT University, will provide you with an in-depth understanding of the theory and practical application of financial instruments, and how they’re used to enhance return and manage risk. You’ll be taught to use prominent industry tools to hedge your equity, currency, interest rate risk and commodity exposure in real market conditions.
With a knowledge of financial markets and their most prominent and effective tools, you’ll learn to evaluate risk management and financial assets in order to maximise your own returns. Finally, you’ll combine all the skills and knowledge of the unit to produce innovative financial products and processes that will lower risk and produce reliable investment returns.
In order to enrol in this unit, you must be accepted into one of the following course:
Master of Finance, RMIT University
You must also have successfully completed the following units before starting this unit:
Quantitative Methods in Finance
Areas of study
In this finance unit, the topics you will study include:
Introduction to risk management and financial engineering
Equity risk management and related financial engineering instruments
Credit risk management
Currency risk management and currency hedging techniques
Interest rate risk management
Capital adequacy requirement (CAR) detailed calculation Basel requirement - CAR for financial institutions
Risk management reports
Structured products and exotic options
Hedge funds investing and management
RMIT business postgraduate investment challenge
This unit is a core requirement in the following course:
Master of Finance,?RMIT 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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Your financial career and personal investments will benefit enormously from learning how to build and implement financial processes that minimise risk and maximise returns. Upon completion of the unit, you’ll be adept and confident in analysing financial markets and financial tools, as well as producing innovative financial products that effectively hedge your equity, currency, interest rate risk and commodity exposure.
How else will I benefit from this unit?
Upon successful completion of this unit you will receive credit for competencies in Risk Management and Financial Engineering from RMIT 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 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.
If you are an Australian citizen, you may be eligible to receive a government 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).
For two decades, Open Universities Australia (OUA) has partnered with leading Australian educators to make tertiary-level courses easier to access for people, no matter their background, their work status or their other life commitments. OUA has built up their reputation by making education more flexible, easier to tailor and available almost entirely online.
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.
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