Session 3: 23 July - 10 August 2018
The course teaches the main principles and methods in financial risk management and their applications in the global economy. After introducing the main institutions and instruments in financial markets, the course discusses the principles of finance and risk management and then illustrates how the main risk management tools can be applied to the management of financial portfolios. Students will analyse the use of financial derivatives for hedging and speculation in financial markets. The course also addresses the potential pitfalls of risk management and discusses how an inappropriate use of risk management tools might have exacerbated the financial crisis in 2008.
The course will be of interest to those looking to better understand financial markets, instruments and risk management. This is a general level course, however some knowledge of economics or finance may be useful. Students with degrees in physics, mathematics or computer science pursuing a financial career, or central bank employees, will gain an understanding of the key elements of finance and risk management. Individuals skilled in analysing derivatives and risks are in great demand in London, New York and other financial centres throughout the world. This course provides valuable learning in the principles of finance, banking and risk management areas, contributing to your future studies or career potentials.
The course will be taught by Dr Simon Hubbert and Dr Jeo Lee both experts in their fields of financial mathematics, economics, and banking. Dr Hubbert is a senior lecturer in mathematical finance and risk management at the University of London. He has been teaching derivatives for CeFiMS and market risk techniques. Dr Lee is a financial economist specialised on risk modelling and the author of textbook Financial Risk Management & Derivatives (2012 2d Edition). Some of Dr Lee's selected research papers are available for public access. Prior to academia, Dr Lee worked for European banks and was part of the UK governmental department as a senior economist. She is currently a director of FinTech-Africa; a supervisor of MSc Finance dissertation and an exam-examiner for CeFiMS.
Professor Scaramozzino is the course director. He teaches in the School of Finance and Management at SOAS and his research focusses on corporate finance, uncertainty, risk, financial economics and comparative economic systems.
A tuition fee of £1600 will be charged per 3-week programme. This figure does not include accommodation fees.
A one-off application fee of £40 will be charged to cover administration costs. Please visit the SOAS online store to make your application fee payment.
20% discount for our partner institutions
50% discount for current SOAS students
Accommodation is available to Summer School students at the SOAS halls of residence, Dinwiddy House. For more details of how to book a room please visit the Dinwiddy House accommodation page.
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.
For more information, please contact us