Business Risk Management

Subject 325-693 (2008)

Note: This is an archived Handbook entry from 2008.Search for this in the current handbook

Credit Points: 12.500
Level: Graduate/Postgraduate
Dates & Locations:

This subject is not offered in 2008.
Time Commitment: Contact Hours: One 3-hour seminar per week (Not offered in 2008).
Total Time Commitment: Not available
Prerequisites: None
Corequisites: None
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

Coordinator

Ms S Goldsmith
Subject Overview: This subject will explore different approaches to identifying, evaluating and managing risk in organisations. From strategic issues to tactical, and from the boardroom to the operations manager, all organisations face risk. A comprehensive approach to managing risks involves connecting stakeholder expectations, including social responsibility factors, governance, and strategic decisions and performance both financial and non-financial. This subject will examine frameworks and literatures, case studies and systems that can contribute to effective risk management. Participants will gain an appreciation of the dynamic and contingent nature of corporate risk, its relationship to business success, current practice and tools and examples. This will provide them with an introduction to both the technical and professional aspects of successful risk management.
Assessment: A 2-hour examination (40%), assignments not exceeding 5000 words (50%) and class participation and presentations (10%).
Prescribed Texts: None
Recommended Texts: To be advised.
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 be able to:
  • Analyse different approaches to risk management and their underlying assumptions and implications;
  • Analyse and evaluate the underlying assumptions and implications for practice of the different approaches;
  • Apply different approaches to real and hypothetical situations.

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

  • Problem solving skills and critical thinking skills through the discussion and written exercises, and the selection of reading material
  • Verbal and written communication skills through discussion and written exercises
  • Research skills through the preparation of the written exercises
Notes:

Not offered in 2008
Related Course(s): Master of Applied Commerce (Business Analysis and Systems)
Master of Applied Commerce (Business Analysis and Systems)
Master of Business and Information Technology
Master of Business and Information Technology
Master of Utilities Management

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