Derivatives and Risk Management

The Derivatives and Risk Management module from The Open University will introduce key tools such as derivatives and risk mapping and also discuss the linkages of risk management with the organisational strategic plan. The module will also introduce enterprise risk management processes and the implications of International Financial Reporting Standards (IFRS) for financial risk management.

Vocational relevance

Employment opportunities in the field of risk management are growing as a result of recent events. Derivatives and Risk Management will be of particular interest to you if you are working, or planning to work, in an organisation in the financial sector or in the finance division of a company or public sector/not-for-profit organisation. The subject matter of the course is, though, designed to be useful for managers and prospective managers whose immediate responsibilities are outside the domain of risk management. Given the growing catalogue of risk management failures in all sectors – and the growing emphasis being placed on effective risk management by all organisations – the content of this course will provide knowledge and skills that all effective managers should possess.