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The University Of Georgia
Program name: Financial Risk Management (Eng)
Study Level: Graduate
Program leader: Keti Tskhadadze
Giorgi Getsadze
Study language: English
Qualification: Master of Business Administration in Finance
Program capacity: 120
Program permission: English language requirement (B2 Level) and other legal requirements. In particular, Georgian citizens must successfully pass Unified Post-Graduate Exam and For Foreign citizens and stateless persons who are graduate candidates who have lived abroad for the last 2 or more years and who have received the higher education academic degree certificate; Or students who had lived abroad for the last 2 or more years of study in a foreign country recognized in accordance with the laws of this country's institutions of higher education Or graduate candidates who are enrolled in higher educational institutions of "higher education" of the law in accordance with paragraph 3 of Article 52 (№ 224/N Ministry of Education and Science, December 29, 2011). International certificates will be recognized to confirm English level: TOEFL IBT – at least score 80 IELTS – at least score 6.5 PTE General – at least level B2 FCE – at least level B CPE – satisfactory pass CAE – satisfactory pass The University of Georgia will conduct the B2 level test, where 70% of the test will be considered as confirmation of the competence, for the students who do not have the English language competence certificates.
Program goals:

The goal of the master's program in financial risk management is to provide students with theoretical and practical knowledge and skills necessary for effective management of financial risks of various categories of financial institutions.
The course aims to provide students with comprehensive information on equity, securities, derivative financial instruments markets and instruments, and the construction and optimization of investment portfolios.
In response to the ever-increasing regulatory demands on the financial sector, the course also covers key regulations such as provisions for expected credit losses, liquidity, capital adequacy and investment risks. At the same time, the program aims to develop and improve the student's critical thinking, problem solving, leadership and management skills, which will effectively prepare them for a successful career in financial risk management, both in local and international markets.

Methods for Attaining Learning Outcomes:

● Lecture-seminars
● Verbal methods
● Demonstration method
● Discussion/Debates
● Team Work
● Action Based Learning
● Problem Based Learning
● Project Based Learning
● Practical Work
● Interactive Lessons

Learning outcomes:
Outcomes

  • After completing the studies, the student:


    1. Determines the financial resources management policy of organizations and institutions and uses various strategies and tools to mitigate and manage financial risks.
    2. Uses knowledge of the main regulations of the financial sector, which is consistent with the constantly ready control of the financial sector by the regulators.
    3. Evaluates financial processes, uses skills through which he will be able to build and optimize an investment portfolio.
    4. Uses quantitative analysis and financial modeling skills to assess and analyze the sustainable development of the financial sector.
    5. Analyzes the instruments of monetary policy and the results of decisions taken by central banks on financial markets.
    6. Using a programming language, effectively visualizes data using charts and maps.
    7. Independently conducts research using principles and standards of academic integrity and presents research results, findings, arguments and conclusions to both academic and professional communities and stakeholders;
    8. Considers ethical issues arising in the process of financial activity
    9. Shares and appreciates the importance of social responsibility and corporate ethics norms/principles;
    10. Independently determines further learning and development needs

    • Date of approval: 01-01-1900
    Approval protocol number:
    Date of program update:
    Update protocol number:
    Program details:
    Teaching Process Characteristics:

    Students must complete the core subjects of the Master's program in Financial Risk Management (96 ECTS), which includes the Master's research paper (30 ECTS), and pass at least one subject (6 ECTS) within the scope of their competences from the mandatory elective block. The remaining credits (18 ECTS) must be earned from the optional subjects within the program.

    Program Core

    Code Subject ECTS Semester
    BUFI1010EQuantitative Methods for Finance 16 1
    BUFI1020EIntroduction to Financial Markets and Products6 1
    BUFI2020EFinancial Reporting and Analysis6 1
    FINA0511Financial Accounting6 1
    BUFI1040EApplied Data Analytics with Python6 2
    BUFI3020EAdvanced Financial Products6 2
    BUFI4020ERisk and Investment Management6 2
    FINA0521Financial Management6 2
    BUFI2040EAdvanced Topics in Corporate Finance and Investments6 3
    BUFI3010EInternship in Financial Risk Management12 3
    BUFI4010EMaster’s Thesis30 4

    Credits sum:

    96

    Program Elective

    Code Subject ECTS
    BUSN0515Business Ethics6
    BUFI1030EIntroduction to Corporate Finance6
    BUFI2010EQuantitative Methods for Finance 26
    BUFI2030EFixed Income Analysis6
    BUFI1140EBank Management6
    BUFI3030EIntroduction to Data Science6
    BUFI3040EMarket Risk Measurement and Management6
    ECON0511Managerial Economics6
    BUFI4030ECredit Risk Measurement and Management6
    BUFI4040EValuation and Risk Models6
    MGMT0611Strategic Management6
    ACCT0521Managerial Accounting6
    MGMT0612Human Resource Management6
    BUFI4050EData visualization with power bi6

    Credits sum:

    84

    Mandatory Elective

    The student is required to complete at least one course from this block, in accordance with their area of competence. Completion of all courses within the block is also permissible.

    Code Subject ECTS
    BUSN6550EResearch Methods6
    STAT0511Business Statistics6

    Credits sum:

    12









    Matrix Of Privequisites


    Point GPA The university assessment   The general assessment in Georgia
    97-100 4,00 A+ A Excellent
    94-96 3,75 A
    91-93 3,50 A-
    87-90 3,25 B+   Very good
    84-86 3,00 B B
    81-83 2,75 B-  
    77-80 2,50 C+   C good
    74-76 2,25 C
    71-73 2,00 C-
    67-70 1,75 D+   D Satisfactory
    64-66 1,50 D
    61-63 1,25 D-
    51-60 1,00 E E Sufficient
    Not passed
    41-50   FX FX Insufficient
    <40   F F Failed



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