Business Risk Management

Subject MULT90014 (2014)

Note: This is an archived Handbook entry from 2014.

Credit Points: 12.50
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject is not offered in 2014.

Time Commitment: Contact Hours: Semester 1:One 3-hour seminar per week; July: Two 3-hour seminars per week
Total Time Commitment:

Estimated total time commitment of 120 hours per semester

Prerequisites:

Students must have completed 50 points of graduate study or equivalent.

Corequisites:

None

Recommended Background Knowledge:

None

Non Allowed Subjects:

None

Core Participation Requirements:

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements for this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/

Contact

Email: m.davern@unimelb.edu.au

Subject Overview:

Risk management is a key business activity that impacts the full range of organisational activities and functional areas across the enterprise. This subject surveys a spectrum of business risks from operational to strategic risks. It provides a foundation in enterprise risk management principles, tools and techniques such as risk scenario planning.

Learning Outcomes:

On successful completion of this subject, students should be able to:

  • Analyse the need for risk management and explain how risk management influences business decisions;
  • Prepare risk management documentation;
  • Describe and evaluate risks of different types;
  • Interpret and analyse business situations utilising a risk management framework to assess impact on the enterprise and recommend an appropriate response.
Assessment:
  • 2,500 word group project with deliverables due progressively during the semester (25%)
  • Individual exercises totalling 1500 words due progressively during the semester (15%)
  • 2-hour end of semester examination (60%)
Prescribed Texts:

Online readings available via the LMS

Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

On successful completion of this subject, students should have improved the following generic skills:

  • Oral and written communication;
  • Collaborative learning and team work;
  • Interpretation and analysis of real-world cases;
  • Problem solving.
Notes:

This subject is open to all postgraduate students in the Graduate School of Business and Economics. Students are generally expected to have work experience and a solid foundation in business and management.

Related Course(s): Master of Accounting
Master of Business and Information Technology
Master of Commerce (Actuarial Science)
Master of Engineering Project Management
Master of Engineering Project Management

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