Risk in Financial Services

CERTIFICATE: NEW EDITION (SYLLABUS VERSION 4)

Study Text

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Price:
£50.00

ISBN:
9781445390048

Suitable for: exams until March 2013

Description: The Study Text contains:

  • A list of syllabus learning outcomes covered in each chapter
  • Referencing of each chapter section to the syllabus Learning Outcomes covered in the section
  • Clear concise topic-by-topic coverage
  • Examples and Exercises to reinforce learning, confirm understanding and stimulate thought
  • A round up of the key points in each chapter
  • A quick quiz at the end of each chapter

We recognise that most students have only limited time for study and that some study material available on the market can be very time-consuming to use. BPP Learning Media has prepared study material which provides you with what you need to secure a good pass in your exam, while making effective use of your time.

Practice and Revision Kit

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Price:
£35.00

ISBN:
9781445390055

Suitable for: exams until March 2013

Description: BPP's long experience in preparing students for exams shows that question practice is a vital ingredient in exam success. Question practice will improve your exam technique and help to build confidence for tackling the exam itself. It can highlight problem areas and remind you of key points.

Review Exercises

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Price:
£15.00

ISBN:
9781445390062

Suitable for: exams until March 2013

Description: Quick question and answer tool in a pocket sized format. Tests and strengthens knowledge.

 

The phenomenon of risk is not new but is so much more demonstrably powerful today. As a result, the managers of financial institutions, indeed anyone in a senior position, must contribute to the overall duty of a firm to manage its risks. Executive managers must have a firm grasp of the businesses for which they are responsible. They should set in place a structure of control processes which looks critically at risk sources and addresses them effectively. This book aims to present a guide to the sources from which risks may emerge and to explore effective strategies to face and overcome business risks. The objective of the book is to prepare the reader to sit and pass the CISI examination in Risk in Financial Services.

Risk manifests itself in several differing ways and one of the basic steps for firms to take is to understand the nature of different types of risks, their sources, the events which can occur and the resultant impacts. The modern financial world and its variety of products can be broken down into a long list of separate risk types but fundamentally these may be regarded as falling into three general sectors - credit risk, market risk and operational risk.

 Managing risk is therefore an essential skill (and responsibility) of those who run all financial institutions. Those who do manage risk well will benefit from significant rewards and those which do not may well see their businesses fail completely.

Risk in Financial Services can be taken as a stand-alone qualification, or it can be taken with either Unit 1 FSA Financial Regulation or Unit 6 Principles of Financial Regulation to obtain the Certificate in Risk in Financial Services.