The course teaches the main methods used by firms to manage risks and their applications in the global economy. It introduces financial markets and the principles of risk management and explains how to evaluate to apply the main risk management tools. The course looks at the use of financial derivatives for hedging and speculation in financial markets. It also addresses the potential pitfalls of risk management and discusses how an inappropriate use of risk management tools might have exacerbated the recent financial crisis.
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.Assessment will be optional and will vary for each course. Participants will be provided with a certificate of attendance and transcripts will be available on request.
You will also be able to enjoy our social programme, starting with a welcome party and an optional river cruise on the Thames for a small additional charge. Details about how to book will be communicated to you once you are registered. You will also receive discount codes for day trips and overnight tours with our partner International Friends.
46 hours contact time
Monday - Thursday
10am - 3pm: lectures and tutorials
Additional 2 hours on a specified Friday involving content-related optional activities, such as museum or company visits. On Fridays, courses open up one of their activities to all Summer School students, giving each student a variety of different activities to attend.
Optional hours: In addition to regular lectures and tutorials, each course is composed of a range of 'activities' relating to their academic content (e.g. museum visit, company visit etc). On Fridays, all courses open up one of their activities to all summer school students and these are optional. For example, if you have been studying a Development course, you may choose to join an activity belonging to a Politics, Economics and Environment course. All activities will be staggered throughout the day so that you have a chance to take as many as possible. Please note however that the Friday activity relating to the course you are registered on is compulsory.
Week 1: Finance and Risk Management: An Introduction
- Financial markets, institutions and instruments
- The analysis of financial portfolios
- Investment in equities and bonds
Week 2: Risk Management using Futures and Options
- Financial derivatives
- Forwards and futures
- Financial options: payoff profiles
- Hedging strategies using futures and options
Week 3: Risk Management in the Global Economy
- Corporate risk management in multinational corporations
- The management of currency exposure: foreign currency futures and options
- Risk management in emerging economies
Assessment: is optional and will be in the form of a 2000-2500 word essay to be handed in 2 weeks after the end of the course (70% of overall mark) and an individual presentation and numerical assignments (30% of overall mark).
Teaching & Learning
On successful completion of the course, a student should be able to demonstrate the ability to:
- Understand the main ideas and tools in Risk Management;
- Learn how to apply financial instruments to reduce risk;
- Examine how risk management tools are applied in the global economy.
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. Fluency in English demonstrated through:
- IELTS of 6.5 or higher
- TOEFL iBT of 100 or higher
- Pearson of 70 or higher
- Or equivalent proof
Enrolment of Summer School applicants who don’t meet the entry requirements is at the discretion of SOAS – please get in touch to speak to us in detail about your application.
This school offers programs in:
Last updated February 9, 2018