Business Finance - Management Financial Risk Management Assignment
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SQAFRMAssignmentBrief.docx
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ELECTRONIC ASSIGNMENT COVERSHEET |
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Course/Unit Information |
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Course |
Extended Diploma in Finance and Risk Management |
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Unit Name |
Financial Risk Management |
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Instructor Information |
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Name |
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Assignment Information |
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Schedule Code |
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Full/ Part Assignment |
Full Assignment |
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Date Assignment Issued |
Click or tap to enter a date. |
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Date Assignment Due |
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Student Information (To be filled by the student prior submitting the assignment) |
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Name |
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Student ID |
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Your assignment should meet the following requirements. Please confirm this by ticking 🗹 the boxes before submitting your assignment
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The first page is completely labeled with my name, instructor name and assignment information. |
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I have completed and ticked the declaration page. |
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The contents of my assignment have been submitted to Turnitin and I have downloaded the report. |
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I have strictly followed Harvard Referencing Style and Citations. |
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STUDENT DECLARATION
I hereby confirm that this assignment is my own work and not copied or plagiarized. It has not previously been submitted as part of any assessment for this qualification. All the sources, from which information has been obtained for this assignment, have been referenced as per Harvard Referencing format. I further confirm that I have read and understood the Westford rules and regulations about plagiarism and copying and agree to be bound by them.
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Declaration |
Date of Submission |
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Tick the box to agree |
Click or tap to enter a date. |
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LEARNING OUTCOMES AND ASSESSMENT FEEDBACK
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Summative Feedback:
Overall Feedback on current work with emphasis on how the student can further improve in future. |
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The following grading criteria will be applicable for the course, Executive Diploma in International Business and Strategy:
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Marks |
Grade |
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70 to 100 |
A - Distinction |
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60 to 69 |
B - Merit |
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50 to 59 |
Pass |
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40 to 49 |
Fail with Resubmit |
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0 to 39 |
Fail with Retake |
GENERAL GUIDELINES
(Please read the instructions carefully)
1. Complete the title page with all necessary student details and ensure that the signature of the student is marked in the declaration form.
2. All assignments must be submitted as an electronic document in MS Word to the LMS (Use 12 Times New Roman script).
3. All assignments must be submitted with an accompanying Turnitin report.
4. Assignment that is not submitted to the LMS by the prescribed deadline will be accepted ONLY under the REDO and RESIT submission policy of Westford.
5. The results are declared only if the student has met the mandatory attendance requirement of 75% and/or a minimum of 50% under extenuating circumstances approved and ratified by the Academic Director. The student has to repeat the module (with additional fees applicable) if the attendance is below 50%.
6. The assignment should not contain any contents including references cited from websites like www.ukessays.com , www.studymode.com , www.slideshare.net , www.scribd.com .
7. Students can refer Wikipedia as a source of information, but the references cited in Wikipedia must be mentioned.
8. Submit the assignment in a MS Word document with the file name being:
First Name Last Name_ abbreviation of the subject.
Example: John Smith_FRM
Quick reference Checklist for the Faculty/Instructor to accept/reject the assignment before evaluation:
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Adherence to the deadline of submission date. |
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Original file, cover sheet and format retained. |
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Student information and signature intact. |
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Font style and size used as instructed. |
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Harvard Referencing Style is strictly followed. |
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Assignment |
Financial Risk Management |
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Learning Outcome 1: Critically discuss the building blocks of risk management.
· PC 1.1: Critically discuss the impact of an event on the risk profile of an organization. · PC 1.2: Critically evaluate the risk management process of an organisation · PC 1.2: Critically evaluate the tools and procedures used by an organization to measure and manage risk. · PC 1.3: Critically assess the potential impact of operational and financial risks on an organization.
Learning Outcome 2: Critically assess how firms manage financial risk.
· PC 2.1: Critically evaluate strategies for measuring risk. · PC 2.2: Apply risk mitigation strategies to operational and financial risks. · PC 2.3: Critically discuss current risk management issues and strategies adopted by firms.
Learning Outcome 3: Critically discuss the Governance of Risk Management
· PC 3.1: Critically discuss best practices in corporate governance in relation to risk management. · PC 3.2: Critically discuss the interdependence of functional units within a firm with risk management. · PC 3.3: Critically assess the role and responsibilities of organizational audit committee in managing complex ethical issues.
Learning Outcome 4: Critically analyze models for valuing financial portfolios.
· PC 4.1 Conceptualize the challenges in decision making using two financial modelling techniques. · PC 4.2 Critically evaluate the components and derivation of the Capital Asset Pricing Model · PC 4.3 Undertake critical evaluation for the application of the Capital Asset Pricing Model |
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Assignment Task |
Report [100 Marks] [6000 Words] |
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Read the following Scenario and prepare a Formal Business & Financial Review Document with the guidelines provided. |
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Scenario:
For answering the questions, you must demonstrate an understanding of risk management strategies and models adopted and implemented by the organization within a particular sector in dealing with the impact of COVID-19. Here you can select the company and sector of your choice.
You are required to present a Formal Business Report, that would contain a neatly designed Table of Contents to capture the main and sub-topics in an orderly fashion which should adhere to meeting the assessment standards and grading criterion:
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a.) Briefly give a background of the chosen organization, it’s industry and impact on its risk profile due to pandemic.
b.) In reference to the chosen organization, critically evaluate the risk management process adopted by the company detailing quantitative and qualitative approaches used to measure and manage the risk due to pandemic COVID-19. Further, classify these risks into operational and financial risks and critically assess their intensity of impact within different functionality of the company. This could be conceptualized by means of an illustrative model such as matrix, bubble chart or any similar tool.
c.) As a response to prepare for the implications due to COVID-19, demonstrate application of hedging strategies for managing operational and financial risks. Compare and contrast mitigation strategies, with detailed assessment of tools like derivative instruments. Review recent research academic and non-academic articles to demonstrate awareness of the current issues and critically discuss strategies of risk management adopted by the firms during pandemic.
d.) With adequate evaluation of risk management strategies above, critically discuss the best practices of corporate governance implemented in the industry of chosen organization. Critically discuss their interrelationship with the risk management strategies. To keep strategies in adequate implementation, draw critical arguments in assessing the roles and responsibilities of audit committee in managing ethical issues, especially in the challenging times wherein strategic transformation and adaptation has been a key measure.
e.) The risk management strategies have evolved with time and macro-economic challenges; therefore, critically analyze the challenges faced in applying two modelling techniques. In the same parlance, conceptualize and interpret modern portfolio theory with Markowitz efficient frontier. Understand and critically evaluate the components of Capital Asset Pricing Model. Critically discuss the application of CAPM model in the current scenario using wide range of resources.
Note: 1. For answering the questions above, chosen organization and its industry should be used as the basis for analysis and application of academic concepts, considering the response to COVID-19 as the underlining theme for the report. Any comparison, contrasts with competitors and recommendations can be included. Support answers with data and research. 2. Presentation & References: You should present the whole document in methodical manner and should remain aligned to appropriately demonstrate correct application of the Harvard Referencing System (HRS). |
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Performance Descriptors
Performance descriptors indicate how marks will be arrived at against each of the above criteria. The descriptors indicate the likely characteristics of work that is marked within the percentage bands indicated.
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