Dr. Dimas Bagus Wiranatukusma
Why Risk Management
The role of risk management becomes important in the midst of global uncertainty. The vulnerability exists as a response of such uncertain condition. Eventually, regulators around the world increasingly realize that sound risk management practices are vital. Risk management technically enables not only for individual banks, but also financial system as a whole.
Why Islamic and Conventional Banks
Some countries implement dual banking systems where conventional hand in hand with Islamic bank. However, due to different paradigms in their both operations, the way on managing risk could differ. Moreover, althought Islamic banks are accounted for a small portion, but its role is increasingly important and attract diverse background to be involved due to its unique characteristics and upholds Islamic principles.
International banking standard
Banking sector is considered as complex financial institution and needs to be strictly regulated. Thus, some international standards, either for conventional or Islamic banks are taken into account. Basel 1,2,3 are some of existing examples at international level which have been implemented by banking system around the world. In addition, IFSB and AAOFI are of international setting bodies with giving special focus on Islamic financial institution in accordance with its international practices standard.
Policy Perspective
Complexity in the financial system encourages policy makers to develop prudential regulations covering financial institution and macro envirounment where financial institutions in it. Currently, policy makers have been promoting micro and macroprudential policies to mitigate systemic risk occuring in the financial system. In brief, those prudential regulations basically attempt to provide a prudent and sound risk management under micro and macro levels and connected primarily with the banking sector.
About the course
This course is designed to allow students to understand risk, its characteristics, and regulations connected with banking regulations.
What the course covers
The course covers some aspects of risk-based management, and governance structures for the management of risk in Islamic and conventional banks.
The learning activities take the form of lecture, field task, presentation, and discussion during the class meeting. Assessment will be based on the Learning Evaluation test for each module (60 percent), the module quizzes (20 percent), and the final presentation (20 percent)
The Grading Systems are as follows:
Letter Grade | Score | Description | Remark | Quality Points Equivalent |
A | A ≥ 80 | Excellent | Passed | 4,00 |
AB | 75 ≤ AB < 80 | Very Good | Passed | 3,50 |
B | 65 ≤ B <75 | Good | Passed | 3,00 |
BC | 60 ≤ BC < 65 | Fairly Good | Passed | 2,50 |
C | 50 ≤ C < 60 | Satisfactoy | Passed | 2,00 |
D | 35 ≤ D < 50 | Poor | Conditional Pass | 1,00 |
E | E < 35 | Failure | Failed | 0,00 |
WHAT WILL YOU LEARN
Language : English-Taught
Level : Beginner
Date : 1 March – 31 May 2024
Credit : 3 credit hour
Module 1. Banking Risk and Regulation
Module 2: An introduction to market, credit, and operational risk
Module 3. Supervision, disclosure and governance
Module 1. Banking Risk and Regulation
No | Hours | Title Course | Instructors |
1. | 3 Hrs | The Nature of risk and regulation in banking | Dr. Dimas Bagus Wiranatakusuma |
2. | 3 Hrs | The evolution of risk management and regulation in banking | Dr. Dimas Bagus Wiranatakusuma |
3. | 3 Hrs | The development of risk-based supervision of banks | Dr. Dimas Bagus Wiranatakusuma |
Module 2: An introduction to market, credit, and operational risk
No | Hours | Title Course | Instructors |
4. | 3 Hrs | The nature of market risk ad treasury risk | Dr. Dimas Bagus Wiranatakusuma |
5. | 3 Hrs | The nature of credit risk | Dr. Dimas Bagus Wiranatakusuma |
6. | 3 Hrs | The nature of operational risk | Dr. Dimas Bagus Wiranatakusuma |
Module 3. Supervision, disclosure and governance
No | Hours | Title Course | Instruction |
7. | 3 Hrs | An introduction to supervisory review and bank disclosure requirements | Dr. Dimas Bagus Wiranatakusuma |
8. | 3 Hrs | Corporate governance for banks | Dr. Dimas Bagus Wiranatakusuma |
9. | 3 Hrs | The Indonesian regulatory framework | Dr. Dimas Bagus Wiranatakusuma |
Intended Outcomes
- Understanding the inherent risks in banking
- Understanding on supervisory assessment on banking sector
- Understanding on banking regulation
How you will learn
Every course in explained into manageable, modules, and designed to promote learning process through various learning activities:
- Work through downloadable and online instructional material
- Interact actively and intensively with peers and diverse background of facilitators
- Learn various learning instruments, including videos and more
- Obtain real world case studies
- Conduct each week evaluation assessment and project submission
Evaluation / Assessment
- Assignment
- Project Paper
- Examination
- Attendance
- Class Participation