Educational guide | ||||||||||||||||||||||||||||||||||||||||
IDENTIFYING DATA | 2024_25 | |||||||||||||||||||||||||||||||||||||||
Subject | RISK MANAGEMENT | Code | 01739012 | |||||||||||||||||||||||||||||||||||||
Study programme |
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Descriptors | Credit. | Type | Year | Period | ||||||||||||||||||||||||||||||||||||
6 | Compulsory | Second | First |
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Language |
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Prerequisites | ||||||||||||||||||||||||||||||||||||||||
Department | DIREC.Y ECONOMIA DE LA EMPRESA |
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Coordinador |
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rvazp@unileon.es pcasc@unileon.es |
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Lecturers |
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Web | http:// | |||||||||||||||||||||||||||||||||||||||
General description | ||||||||||||||||||||||||||||||||||||||||
Tribunales de Revisión |
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Competencies |
Type A | Code | Competences Specific |
A17673 | ||
A17674 | ||
Type B | Code | Competences Transversal |
B5465 | ||
B5468 | ||
B5469 | ||
B5471 | ||
Type C | Code | Competences Nuclear |
C2 | ||
C4 |
Learning aims |
Competences | |||
Distinguishing risk factors in depository and insurance institutions | A17673 |
B5465 B5469 B5471 |
C4 |
Measure and assess risk exposure | A17673 A17674 |
B5465 B5468 B5469 B5471 |
C2 C4 |
Apply different risk management methodologies and tools. | A17673 A17674 |
B5465 B5468 B5469 B5471 |
C2 C4 |
Contents |
Topic | Sub-topic |
1. Introduction | 1.1. Definition and basic concepts of risk 1.2. Risks in Credit and Deposit Institutions 1.3. Risks in insurance companies 1.4. Risk management structure 1.5. Basel III 1.6. Solvency II |
2. Operational Risk | 2.1 Definition and concepts 2.2. Measurement of operational risk 2.3 Operational risk management |
3. Market Risk | 3.1. Definition and basic concepts 3.2. Types of market risk 3.2.1. asset risk 3.2.2. currency risk 3.2.3. interest rate risk 3.3. Risk measurement 3.4. Sensitivity 3.5. Market risk management |
4. Credit risk | 4.1. Definition and basic concepts 4.2. Credit risk measurement 4.3. Credit risk mitigation |
5. Other relevant risks to financial institutions | 5.1. Other relevant aspects 5.2. Legal risk 5.3. Environmental risk 5.3. Others |
Planning |
Methodologies :: Tests | |||||||||
Class hours | Hours outside the classroom | Total hours | |||||||
Problem solving, classroom exercises | 10 | 15 | 25 | ||||||
Practicals using information and communication technologies (ICTs) in computer rooms | 20 | 30 | 50 | ||||||
Personal tuition | 5 | 0 | 5 | ||||||
Assignments | 1 | 15 | 16 | ||||||
Lecture | 20 | 30 | 50 | ||||||
Mixed tests | 4 | 0 | 4 | ||||||
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students. |
Methodologies |
Description | |
Problem solving, classroom exercises | Practical classes for the discussion and resolution of problems and practical exercises previously worked by the students. The Moodle platform will support the preparation and follow-up of many of these activities. |
Practicals using information and communication technologies (ICTs) in computer rooms | Practical classes for the discussion and resolution of problems and practical exercises previously worked by the students. The Moodle platform will support the preparation and follow-up of many of these activities. The Excel spreadsheet will be used as a support. |
Personal tuition | Individual and group tuition for the realization of training activities. |
Assignments | Performed individually or in groups without teacher supervision, excluding voluntary tuition. |
Lecture | Participative lectures on the contents of the program through oral presentation. |
Personalized attention |
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Assessment |
Description | Qualification | ||
Practicals using information and communication technologies (ICTs) in computer rooms | The teacher will pose various individual and group activities that the student can perform voluntarily. The grade obtained in this way will replace the practical part of the final written test. | 40% | |
Mixed tests | Several tests will be given to evaluate the assimilation of knowledge. These tests will will contribute 9 points to the final grade and will consist of theoretical questions (4 points) and practical exercises (4 points) similar to those (4 points) and practical exercises (4 points) similar to those done during the course. |
50% |
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Others | ACTIVE PARTICIPATION IN CLASS | 10% | |
Other comments and second call | |||
Second call: A global test will be held to evaluate the theoretical and practical contents of the subject. The test will be held within the period established in the Academic Calendar of the University of León and on the date approved by the Board of the Faculty of Economics and Business Administration and published well in advance in their schedules. December Special Call: It will consist of a written test to assess the theoretical and practical contents of the subject, where the assessment criteria will appear. It will be held on the date established by the Dean's Office of the Faculty of Economics and Business Administration. Rules for the exams: Only (blue or black) pens, pencils, or similar financial and/or scientific calculators will be allowed to be used during the development of the written tests. The simple possession of devices such as notes, books, folders, or various unauthorized materials during the evaluation tests will result in the immediate withdrawal of the exam, its expulsion from the same, and its qualification as suspense, communicating the incident to the Academic Authority of the Center to carry out the actions provided in the Guidelines for Action in Cases of Plagiarism, Copying or Fraud in Exams or Evaluation Tests, approved by the Standing Committee of the Governing Council of January 29, 2015. Exam review: In order to proceed with the review it will be necessary the previous request of the student. This request can be made in two ways: a) Preferably through the website of the University of León: www.unileon.es b) Exceptionally, if they cannot use the procedure foreseen in the previous point, they can fill in the model form that will be provided to the students by the Administrations of the body responsible for the degree. In any case, the deadline will end at 12:00 a.m. on the working day prior to the review, and must be submitted to the Administration of the Center where the degree to which it belongs is taught, or to the Administration of the Department responsible for the teaching of the subject under review, with the corresponding entry record. For these purposes, Saturday will be considered as a non-working day. |
Sources of information |
Access to Recommended Bibliography in the Catalog ULE |
Basic |
ESPÍ, J.M., 31 Claves para la gestión de riesgos en entidades bancarias, Nuevos riesgos, nuevos retos., 2015 FERRUZ, L., PORTILLO, M.P. y SARTO, J.L. , Dirección financiera del riesgo de interés, Pirámide, Madrid, 2ª Ed., 2009 JORION, P. , Financial risk manager handbook, John Wiley and Sons, New Jersey (USA). , 2009 PÉREZ PÉREZ, J. , Gestión de riesgos en entidades aseguradoras solvencia II y su impacto regulatorio, DELTA, Madrid., 2017 PARTAL, A. y GÓMEZ, P. [Coords.], Gestión de riesgos financieros en la banca internacional, Pirámide, Madrid., 2011 SOLER y OTROS , Gestión de riesgos financieros: Un enfoque práctico para países latinoamericanos, Banco Interamericano de Desarrollo y Grupo Santander, Washington., 1999 PRA, I.; ARGUEDAS, R.; RÍOS, A. Y CASALS, J., Gestión y control del riesgo de crédito con modelos avanzados, Ediciones Académicas, 2010 PEÑA, J.I. , La gestión de riesgos financieros de mercado y de crédito, Prentice Hall, Madrid., 2002 DOLDÁN, F. y RODRÍGUEZ, M. , La gestión del riesgo de crédito: Métodos y modelos de predicción de la insolvencia empresarial, AECA, Madrid, 2002 RUIZ, G.; JIMÉNEZ, J. I. y TORRES, J.J, La gestión del riesgo financiero, Pirámide, Madrid., 2000 ELIZONDO, A. [Coord.] , Medición integral del riesgo de crédito, Limusa, México., 2003 DE LARA HARO, A. , Medición y control de riesgos financieros, Limusa, México., 2004 RESTI, A. y SIRONI, A., Risk Management and Shareholders' Value in Banking: From Risk Measurement Models to Capital Allocation Policies, John Wiley & Sons Ltd, 2007 |
Complementary |
BUTLER, K.C. , Multinational finance: Evaluating opportunities, costs, and risks of operation, 2012, John Wiley & Sons, New Yersey, USA. SCHWERDT, W. y WENDLAND, M., Pricing, Risk, and Performance Measurement in Practice. The Building Block Approach to Modeling Instruments and Portfolios, 2010, Elsevier HULL, J.C. , Risk management and financial institutions, 2012, John Wiley & sons, New Yersey, USA. SCHROECK, G., Risk Management and Value Creation in Financial Institutions, 2002, John Wiley and Sons. JONES, S. y HENSHER, D.A. [Eds.], Advances in Credit Risk Modelling and Corporate Bankruptcy Prediction, 2008, Cambridge University Press, New York. AMAT, O., PUJADAS, P. y LLORET, P., Análisis de operaciones de crédito, 2012, Profit, Barcelona. TOMÁS, J., AMAT, O. y ESTEVE, M., Cómo analizan las entidades financieras a sus clientes, 1999, Gestión 2000, Barcelona. BIANCONI, M. , Financial Economics, Risk and Information: an introduction to methods and models, 2003, World Scientific, New Yersey. NIETO DE ALBA, U., Gestión y control en la nueva economía, 2000, Centro de Estudios Ramón Areces, Madrid. DASH, J.W., Quantitative Finance and Risk Management: A Physicist’s Approach, 2004, World Scientific Publishing. MILLER, M.B. , Quantitative financial risk management, 2018, Wiley Finance Series MARTÍN MARÍN, J. L.; OLIVER, Mª D. y TORRE, A. de la, Riesgo de mercado y de crédito: Un enfoque analítico, 2000, Grupo Editorial Atril 97, Sevilla. FERRERAS SALAGRE, A. , Riesgo operacional: Enfoque de distribución de pérdidas en la práctica, 2008, Consejo Económico y Social, España. GÓMEZ CÁCERES, D. y LÓPEZ ZABALLOS, J.M. , Riesgos financieros y operaciones internacionales, 2002, ESIC, Madrid. BESSIS, J., Risk Management in Banking, 2004, John Wiley & Sons, West Sussex (Englan FONG, H.G., The World of Risk Management, 2006, World Scientific Publishing, New Yersey. CORELLI, A. , Understanding Financial Risk Management, 2019, Emerald Publishing Limited, Second Edition. CABEDO, J.D. y MOYA, I., Valor en riesgo y recursos propios en las entidades bancarias, 2000, Publicacions de la Universitat Jaume I, Castellón |
Recommendations |
Subjects that it is recommended to have taken before | |||
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