Institute for Trade and Innovation
Program Modules
Online Units
The PG Cert in Finance, Risk and Insurance consists of nine online/distance learning units leading to 30 (ECTS) credits:
The course addresses key debates and issues in management and leadership focusing on:
- Macro environmental influences on business
- The changing nature of competition
- The sources and dimensions of competitive advantage
- Global strategy and the multinational corporation
- External growth strategies including M&A
- Organisational decision making
- Implementing change initiatives
Recommended academic textbooks and journals:
- Balogun, J. Hope-Hailey, V. Gustafsson, S. (2016) Exploring Strategic Change. 4th ed. Harlow, Pearson.
- Grant, R. M. (2016) Contemporary Strategy Analysis. 9th ed. Wiley, West Sussex
- Jeffs, C. (2008) Strategic Management: A Sage Course Companion. London, Sage.
- Neilson, G. Martin, K.L. Powers, E. (2008). The secrets to successful strategy execution. Harvard Business Review. June 2018.
- Rummelt, R. P. (2011) The Perils of bad strategy. McKinsey Quarterly. June 2011.
- Ryall, M.D. (2013) The New Dynamics of Competition. Harvard Business Review. June 2013.
The course addresses key debates and issues in management, innovation and design thinking focusing on:
- Influences on global innovation
- Innovation strategy and competitive differentiation
- Design thinking, creativity and organisational problem solving
- Managing the innovation process, networks and people
- Protecting your innovations
- The value proposition and human-centric design
- Disruptive strategies and business model innovation
Recommended academic textbooks and journals:
- Brown, T. (2015) Design for action. Harvard Business Review. September 2015, pp. 56-64.
- Liedtka, J.M. (2014) Innovative Ways Companies are Using Design Thinking. Strategy & Leadership, Vol. 42, No. 2, pp. 40-45.
- Martin, B. Hanington, B. (2012) Universal Methods of Design. Rockport, MA.
- Michel, S. (2014) Capture more value. Harvard Business Review, October 2014.
- Price, R. Wrigley, C. (2015) Design and a deep customer insight approach to innovation. Journal of International Consumer Marketing.
- Westland, J. C. (2017) Global Innovation Management. 2nd ed. Palgrave, London.
The course addresses key debates and issues in insurance and regulations focusing on:
- Introduction to risk and the role of insurance as a risk transfer mechanism
- Characteristics and principles of insurance and the demand for insurance
- Structure of international insurance markets and their participants
- Forms of insurance including reinsurance
Excerpt from recommended academic textbooks:
- Rejda, G. and McNamara, M. (2017) Principles of Risk Management and Insurance. 13th ed. Harlow, Pearson.
- Grant, E. (2012) The Social and Economic Value of Insurance. Geneva/Basle, Geneva Association.
Further literature will be provided during the course.
The course addresses key debates and issues in insurance and regulations focusing on:
- Trade and economic development
- Government export financing mandates and foundations
- ECA set-up and policy objectives
- Key product offerings
- Rules and regulations
- Hot ECA topics
Literature:
Literature will be provided during the course.
The course addresses key debates and issues in underwriting and claims focusing on:
- Fundamentals of corporate transactions
- Trade finance transactions
- Medium and long-term export finance transactions
- Structured and project finance specifics
- Hot topics
Literature:
Literature will be provided during the course.
The course addresses key debates and issues in underwriting and and claims focusing on:
- Fundamentals of claims management
- Claim Examination Procedures
- Defaults and materialization of credit risk
- Disputed transactions
- Claims Portfolio Management
- Fundamentals of recovery actions
- Recovery portfolio management
Literature:
Literature will be provided during the course.
The course addresses key debates and issues in underwriting and and claims focusing on:
- Credit risk underwriting process and approaches
- Risk types, Risk assessment and risk mitigation instruments
- Consideration of international standards
- Risk classification
- Portfolio Management
Literature:
Literature will be provided during the course.
The course addresses key debates and issues in risk management and foreign trade focusing on:
- The global risk landscape
- (Digital) business ecosystems
- Process management and information systems
- COSO risk management
- Business continuity, corporate resilience and compliance
Literature:
Literature will be provided during the course.
The course addresses key debates and issues in global business and the digital agenda focusing on:
- Fintech business models and use cases (egRegTech, InsureTech)
- Fintech disruptive potential
- Fintech Tech - introduction to Blockchain, AI, and big data
- Fintech Ethics and the role of regulation, identity and security
- Fintech challengers and challenges - profit and collaboration
Literature:
Literature will be provided during the course.