United Kingdom, London

Finance and Risk Management

when 22 July 2019 - 9 August 2019
language English
duration 3 weeks
fee GBP 1600

The effective management of public finances is a fundamental function for every government and public sector organisation. This course provides participants with the theoretical knowledge and tools for reviewing, discussing, understanding and evaluating key themes about public financial management. Based on academic research and practical examples, students will learn how the governments and public sector organisations plan and administer public spending; how tax policies are made; what are the effects of taxation; what other means, apart from taxation, the public sector has for raising revenues; how financial performance is reported to the public; and how fiscal balance is attained.

The course focuses on the concepts and techniques that are used to achieve desired risk-return combinations. Many of the principles in risk management were developed in relation to financial firms such as banks and investment fund managers, but they are also applicable to non-financial firms in commerce, manufacturing, or other sectors. Topics that are covered in the course include public financial management in developing countries, fiscal decentralisation, tax compliance, and tendencies in public sector financial reporting and auditing. In tutorials, students will be required to present assigned tasks and discuss case studies of public financial management drawing from a variety of countries from all over the world.

Course leader

Dr Simon Hubbert and Dr Jeo Lee

Target group

A university student or a graduate at the time of attending the summer school, and 18+ years of age. Professional experience can be acknowledged as equivalent to a university qualification.

Course aim

On successful completion of the course, a student should be able to demonstrate the ability to:

-Understand financial investment, including stocks and bonds, derivatives, futures and options, hedging and speculation strategies
-Measure and monitor risk, including managing portfolios and calculating risk and returns
-Understand and applications of risk management

Credits info

Students are usually able to obtain credits from their home institution and typically our courses receive 3 credits in the US system and 7.5 ECTS in the European system. If you intend to claim credits from your home institution, please check the requirements with them before you enrol. We will be happy to assist you in any way we can, however please be aware that the decision to award credits rests with your home institution.

Fee info

GBP 1600: There is a 10% earlybird discount for applications received by 31st March 2019

Scholarships

Unfortunately, there are no SOAS scholarships