Staff profile: Andrew John Groves

SchoolAndrew Groves

University of Wolverhampton Business School


Principal Lecturer, Head of Department of Finance, Accounting, Systems and Economics

Contact details

Direct line: 01902 323775



University of Wolverhampton

Faculty of Social Sciences

MN Building

City Campus North




Principal Lecturer, Head of Department of Finance, Accounting, Systems and Economics.

Five years’ experience in the UK retail banking sector covering a range of responsibilities including international transactions, collateral security and lending to both personal and small business customers. More than twenty years’ experience in the UK higher education system.

Considerable business development experience – extensive industrial liaison on behalf of the university, developing tailored training programmes for corporate clients – both UK and international.

Considerable course management experience at all levels – Postgraduate (corporate), Undergraduate (UK and overseas) and Professional.

Extensive experience in new course validations at both Postgraduate and Undergraduate levels in the UK and overseas.

Academic qualifications

  • MSc (Finance)
  • MBA
  • CII Financial Planning Certificate Paper 1 (Financial Services and their regulation)
  • Financial Studies Diploma (DipFS) Postgraduate qualification of the Chartered Institute of Bankers
  • Polytechnic Diploma in Information Technology
  • City & Guilds FE Teachers Certificate
  • Associate ship of the Chartered Institute of Bankers (ACIB)
  • BTEC National Diploma in Business Studies

Teaching interests

Specialist teaching areas include Risk Management, International Trade Finance and Management Accounting.

Corporate and community engagement

Consultant (on behalf of Wolverhampton Business School) to Birmingham Midshires Building Society – Introduction of an In-house Management Development Training Programme

Consultant (on behalf of Wolverhampton Business School) to Shropshire Chamber of Commerce, Training & Enterprise Ltd. Consultancy for a number of companies in the Shropshire area as part of a Competitive Business Management programme

Consultant (on behalf of Wolverhampton Business School) to Cannock Chase Council – developed and implemented a series of Management Competency based workshops. This work extended to the development and implementation of a Management Competencies Assessment Tool

Represented the university on the steering group that formed the Shropshire Professional Network – a regional based network of professional institutes committed to Continuous Professional Development

Consultant (on behalf of Wolverhampton Business School) to Wolverhampton Chamber of Commerce, Training and Enterprise – development of a series of Human Resources Information Packs for Small to Medium Enterprises

Consultant (on behalf of Wolverhampton Business School) to Goodyear (Great Britain) Limited – development and implementation of a Leaderships Skills Programme

Negotiated with a major steel company – VSZ of the Slovak Republic - in both the UK and Kosice. Design and development of a Management Development Programme delivered in the Slovak Republic

Designed and developed a Corporate Executive Development Programme for Tarmac Construction. This programme was validated by the university as an accredited short-course

Extensive negotiations with corporate clients from a diverse range of sectors (including Financial Services, Utilities and Engineering). Designed and successfully validated a Consortium Management Development Programme, off-site intensive delivery at consortium members’ training centres

Adapted the Corporate Executive Development Programme for delivery to the Hong Kong Productivity Council

Consultant (on behalf of Wolverhampton Business School) to West Bromwich Building Society – development of a partnership around the theme of the ‘Corporate University’

Consultant (on behalf of Wolverhampton Business School) to Staffordshire Building Society – development of a programme of management skills workshops.

Professional body membership and roles

Senior Fellow of the Higher Education Academy

Fellow, Chartered Institute of Bankers (CIOB)

Research interests

Whilst not ‘research active’ in the sense of working on a PhD or contributing to the REF, like all academics, I undertake research in a number of ways to inform and ensure the currency of my teaching and to bring varied and contemporary perspectives are into the classroom. I maintain strong links with the professional body Institute of Financial Services through which I am able to keep abreast of current initiatives in Financial Services generally and Risk Management specifically via professional tutor networks.

I have been involved with two Knowledge Transfer Partnership schemes (previously known as Teaching Company Schemes) – one for a local home brew company and the other a vertical blinds manufacturer. In both cases I was involved from the outset – initially identifying the specific requirements of the company, right through to regularly visiting the company following appointment of the graduate to review progress. As a result I was able to develop two very useful (real-life) case studies that I have been able to use in my teaching.

External academic roles

External Examiner for MSc Risk Management at Birmingham City University

Selected publications

  • “Solvency II – the potential consequences for the insurance industry”, ifs Knowledge Bank (December, 2011)
  • “Solvency II – what is it?”, ifs Knowledge Bank (June, 2011)
  • “The risk retention decision”, ifs Knowledge Bank (December, 2010)
  • “CAT Bond triggers”, ifs Knowledge Bank (June, 2010)
  • “Captive Insurance – Reinsurance and Fronting”,  ifs Knowledge Bank (December, 2009)
  • “Corporate governance and risk management”, ifs Knowledge Bank (June, 2009) 
  • “Enterprise-wide Risk Management”, ifs Knowledge Bank (December, 2008)
  • “Business Continuity Planning”, ifs Knowledge Bank (June, 2008)
  • Online study plan for the ifs School of Finance, BSc module Risk Financing & Management (2007)
  • “Basel II and risk disclosure”, ifs Knowledge Bank (December, 2007)
  • “Something for a rainy day – a beginner’s guide to weather derivatives”, ifs Knowledge Bank (May, 2007)
  • “Self-insurance and the use of Captives”, ifs Knowledge Bank (December, 2006)
  • “Is insurance an effective tool for a Risk Manager?”, ifs Knowledge Bank (May, 2006)
  • “Coping with the risk of terrorism and other unforeseen events”, ifs Knowledge Bank  (December, 2005)
  • “Reputation Risk”, ifs Knowledge Bank (May, 2005)
  • “Futures and Forwards – Is there a difference?”, ifs Knowledge Bank (December, 2004)
  • “To hedge or not to hedge, – that is the question?”, ifs Knowledge Bank (May, 2004)