This module is not currently running in 2021 to 2022.
The module is designed to be the practical real-world, and up-to-date, aspect of the Banking element of the Kent University MSc Finance programme. Asset-liability management is the core discipline in banking, and one that must be mastered by every bank in the world, irrespective of its operating model or product suite. Every bank in the world, bar none, possesses a Treasury desk that is responsible for managing the balance sheet asset-liability mix and liquidity risk management.
This module is a practitioner-developed and practitioner-orientated programme of structured study that will enable students to develop an advanced-level understanding of the core process of banking, that of asset-liability management (ALM), capital and liquidity risk management. Students will be able to apply market standard techniques to measure ALM risks and formulate strategies for management of these risks at any bank.
Total contact hours: 36
Private study hours: 114
Total study hours: 150
Main assessment methods
Individual essay (2500 words) (40%)
Examination, 2 hour (60%)
Reassessment method:
Like for like
Bessis, J. (2010), Risk Management in Banking, 3rd edition, Wiley
Choudhry, M. (2012), The Principles of Banking, Singapore: Wiley
Choudhry, M. (2007), Bank Asset and Liability Management, Singapore: Wiley
See the library reading list for this module (Canterbury)
The intended subject specific learning outcomes.
On successfully completing the module students will be able to:
- Demonstrate expertise in and an ability to implement concepts and techniques relating to the management of cash assets and liabilities held on a bank balance sheet.
- Formulate policy and develop a coherent strategic plan for a bank's liquidity management and liabilities mix.
- Apply knowledge and techniques learned in the module to undertake successfully managing interest-rate risk in the Banking Book.
- Implement concepts and techniques relating to balance sheet management in a bank, and the application of banking ALM theory to a practical environment.
- Critically review and assess the effectiveness of corporate governance practice in a bank, and the role of the bank asset-liability committee (ALCO), and make recommendations for improvement.
The intended generic learning outcomes.
On successfully completing the module students will be able to:
- Demonstrate problem solving and decision-making skills
- Demonstrate numeracy and quantitative skills
- Demonstrate research skills in the finance and banking area
- Work with complex material including bank management information (MI)
- Demonstrate communication and report- and policy-document writing skills
- Work and analyse data independently and objectively
University of Kent makes every effort to ensure that module information is accurate for the relevant academic session and to provide educational services as described. However, courses, services and other matters may be subject to change. Please read our full disclaimer.
