RISK I: CREDIT AND MARKET RISK-指导风险管理评估作业-The assessment for

Module Code: FN0362
Module Title: RISK I: CREDIT AND MARKET RISK
Distributed on: ASAP Hand in Date: Please do not enter a date in this box. Please advise the relevant programme office of the preferred week for hand in.

Instructions on Assessment:

指导assignment The assessment for this module is by means of an assignment. The assignment is in two parts and both parts must be completed. The word count should be stated in part one of the assignment and you must submit an electronic version (in a file with your name) to the electronic drop box on the Blackboard site.

PART ONE (limit 2,800 words see guidance on next page)

In light of the recent proposals for toughening the Basel III bank rules you are required to critique recommendations for both credit and market risk measurement and management. Your work should summarise the available methods, giving an indication of their strengths and weaknesses and, importantly, show how these methods should be implemented as part of an effective risk management policy. You should include references to the academic authorities relied upon.
(Total for Part 1 = 80 marks)

PART TWO (outside of the word limit)

This task may be carried out for either the Credit Risk or the Market Risk part of the module

Select one of the seminar / workshop sessions for which you had to prepare materials.

Prepare a short portfolio that includes the following:
• A reflective statement (indicative length 500 words) setting out why you chose this activity, what you gained from engaging with the session and what you think you have learned as a result. Your statement should be supported by the inclusion of:
• Evidence of the preparation that you undertook for the session (working papers including, for example, notes of the reading plus a list or sources consulted, calculations undertaken or draft report)
• Evidence of your contribution and engagement with the session (for example your presentation, calculations, report or findings taken to the class plus supporting notes taken during the class)

This portfolio should be attached as an appendix to your assignment

(Total for Part 2 = 20 marks)

Your attention is drawn to the extensive range of study skills within the eLibrary ask4help.

Please note the following standard assessment provisions:

Important note about ARNA regulations

The regulations specify that students must complete every assessment component contributing to the modules on their programme. This applies to all forms of assessment as defined in the module descriptor. Please note that:

• if any assessment component is not completed, students will be failed in the module even if the module pass mark has been achieved;
• if the requirements for referral specified in section 5 of ARNA1 are met, a resit opportunity will be given;
• if unable to complete an assessment component because of extenuating circumstances, students should follow the procedure described in the Student Guide to Extenuating Circumstances1.

This change was approved by Academic Board on 12 October 2009 in consultation with the Students’ Union. Students should consult their Programme Leader or Guidance Tutor if they have any queries. Independent advice and support is also available from the Students’ Union Advice & Representation Centre ([email protected]) or from a student adviser in Student Services.

1ARNA and the Student Guide to Extenuating Circumstances Affecting Assessed Work are available from http://www.northumbria.ac.uk/sd/central/ar/lts/assess/assproc/assdocstud/

Word Count

Students MUST declare the word count at the end of the assignment.

The word count does NOT include the following: citations including direct quotes within quotation marks and information contained in brackets relating to quotations or references, ie (Smith, 2010); abstract; title page; contents page; glossary; tables/figures including headings and labels; reference list; bibliography; or appendices.

Word limits and penalties for assignments

If the assignment is within +10% of the stated word limit no penalty will apply. However, if the word limit exceeds the +10% limit, 10% of the mark provisionally awarded to the assignment will be deducted. For example: if the assignment is worth 70% but is above the word limit by more than 10%, a penalty of 7% will be imposed, giving a final mark of 63%.

Time limits and penalties for presentations

The time allocated for the presentation must be adhered to. At the end of this time, the presentation will be stopped and will be marked based on what has been delivered within the time limit.

Submission of Assessment:

All assignments must be submitted via the Undergraduate Programme Office. Each assignment must be accompanied by an Assessed Work Form which must be completed in full. The assignment will not be accepted by the Undergraduate Programme Office unless the form is completed correctly. Please ensure that you also submit an electronic copy (saved under your name) to the digital drop box on the module e-learning site.

Marked assignments will be returned to students. It is advisable to retain a copy of your assignment for you own records. Your mark will be returned on the Assessed Work Form via the Undergraduate Programme Office.

Referencing your work

The Harvard method of referring to publications and of arranging references uses the author's name and the date of the publication. References are listed at the end of the text in alphabetical order by author's name. The general format of a journal reference is shown below:

Smith, J. (1999) ‘How to succeed!’, Journal of Entrepreneurs, 1 (2),pp.34-56

Author/s name and initials are listed first, followed by year of publication in brackets. Then there is the title of article and the journal where article appears, which is in italics. Finally, state the volume and issue Number (in brackets) along with the pages where article can be located.

For further information, access the Referencing web page found on the Library website:

www.northumbria.ac.uk/helpguides

You will find other useful help guides on the Library web pages to help you with researching and writing your assessments.

Plagiarism and Cheating

Your attention is drawn to the University’s stated position on plagiarism. THE WORK OF OTHERS, WHICH IS INCLUDED IN THE ASSIGNMENT MUST BE ATTRIBUTED TO ITS SOURCE (a full bibliography and a list of references must be submitted).

Please note that this is intended to be an individual piece of work. Action will be taken where a student is suspected of having cheated or engaged in any dishonest practice. Students are referred to the University regulations on plagiarism and other forms of academic irregularity. Students must not copy or collude with one another or present any information that they themselves have not generated.

Learning Outcomes:

This assessment will fully satisfy the following learning outcomes (as stated on the teaching and learning plan):
1. Critically discuss the issues associated with measuring and managing credit and market risk in financial institutions
2. Demonstrate the use of critical reflection through its application to a contemporary aspect of financial risk management
 

Mapping to Programme Goals and Objectives:

This assessment will contribute directly to the following Undergraduate programme goals and objectives.

1. Knowledgeable about the theory and practice of international business and management
Objectives:
Students will be able to:

X 1. Demonstrate current knowledge and understanding of the major functional areas of business.
X 2. Demonstrate current knowledge of specialist functional and professional areas of business where such specialisation is informed by relevant QAA benchmarks, professional accreditation requirements and applicable international educational standards.
X 3. Demonstrate, through the application of knowledge to business contexts and scenarios, their abilities of analysis and synthesis.

2. Skilful in the use of personal, professional and managerial techniques and processes
Objectives:
Students will be able to:

X 1. Demonstrate the acquisition and application of a range of personal transferable skills in numeracy, literacy, communication and time management.
X 2. Exhibit an understanding of the needs of customers, clients and other important contacts through the demonstration of the awareness of key professional and managerial issues, problem solving and critical thinking.
3. Apply managerial and leadership techniques, including negotiation, project management, team building and decision making to business problems appropriate to their level of study.

3. Employable as graduates
Objectives:
Students will be able to:

X 1. Demonstrate a range of key skills for securing graduate employment, including self presentation e.g. in CVs, interviews and assessment centres.
2. Demonstrate an active awareness of the graduate labour market in order to secure, retain and develop a graduate career.
3. Provide evidence of direct engagement with a range of graduate employers and professional bodies..

4. Aware of ethical issues impacting on business and professional practice
Objectives:
Students will be able to:

1. Demonstrate an understanding of UK and international organisations’ approaches to Corporate Social Responsibility and their implications for organisations and individuals.
X 2. Demonstrate an understanding of the ethical codes of professional bodies and the legal and regulatory contexts in which these operate.
X 3. Demonstrate an understanding of different perspectives towards organisational ethics including shareholder, stakeholder and critical approaches.#p#分页标题#e#

Assessment Criteria (NBS)
The first column indicates the general assessment criteria used within NBS the second column indicates the specific criteria used when marking your assessment.

Mark General Criteria Module Assessment Criteria
First
(80 - 100) Exceptional scholarship for subject. Outstanding ability to apply, in the right measure, the skills necessary to achieve highly sophisticated and fluent challenges to received wisdom. The paper submitted displays exceptional depth of understanding of the issues in question and would be of significant value to the practitioner
First
(70 - 79) Knowledge and understanding is comprehensive both as to breadth and depth. A mature ability to critically appreciate concepts and their inter-relationship is demonstrated. Clear evidence of independent thought. Presentation of work is fluent, focused and accurate. Displays significant critical evaluation of credit risk management techniques and critical appreciation of issues related to its measurement. Demonstrates evidence of wider issues including developments in the field of credit derivatives and the VaR credit risk methodologies.
Displays critical appreciation of the problems associated with each of the market risk methodologies and a clear appreciation of issues surrounding practical application. Demonstration of contemporary knowledge.
Upper Second (60 - 69) Knowledge base is up-to-date and relevant, but also may be broad or deep. Higher order critical appreciation skills are displayed. A significant ability to apply theory, concepts, ideas and their inter-relationship is illustrated Displays a sound grasp of the issues in question, critical evaluation to some extent and an appreciation of some of the practical issues and constraints
Lower Second (50 - 59) Sound comprehension of topic. Reasoning and argument are generally relevant but not necessarily extensive. Awareness of concepts and critical appreciation are apparent, but the ability to conceptualise, and/or to apply theory is slightly limited. Demonstrates understanding of the main issues to be addressed. Fails to relate the issues discussed to practical application. Demonstrates a lack of wider reading
Third
(40 - 49) Knowledge is adequate but limited and/or superficial. In the most part, description/assertion rather than argument or logical reasoning is used. Insufficient focus is evident in work presented. http://www.ukassignment.org/fxgllw/2012/0314/19324.html Displays limited appreciation of relative merits of credit and market risk procedures and relevant risk management techniques.
(30 - 39) Minimal awareness of subject area. Communication of knowledge frequently inarticulate and/or irrelevant. See general criteria
(0 - 29) Poor grasp of topic concepts or of awareness of what concepts are. Failure to apply relevant skills. Work is inarticulate and/or incomprehensible. See general criteria

Note: For those assessments or partial assessments based on calculation, multiple choice etc. Marks will be gained on an accumulative basis. In these cases, marks allocated to each section will be made clear.

Students must retain an electronic copy of this assignment and it must be made available within 24 hours of them requesting it be submitted.