Business Risk Management

Subject 306-676 (2009)

Note: This is an archived Handbook entry from 2009. Search for this in the current handbook

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

This subject has the following teaching availabilities in 2009:

Semester 1, - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable

Semester 2, - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: One 3-hour seminar per week (Semester 1, Semester 2).
Total Time Commitment: Not available
Prerequisites: Approval of the subject coordinator.
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

Assoc Prof Michael Davern
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; including technology, credit, market, reputational, and regulatory risks. It provides a foundation in enterprise risk management principles, tools and techniques such as scenario planning, statistical risk modelling and risk reporting.
The class entails extensive involvement of industry-based speakers and real-life case studies.
Objectives:

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 events utilising a risk management framework to assess their impact on the enterprise.
Assessment: One group project not exceeding 2,500 words (25%), individual exercises (15%), examination (60%).
Prescribed 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 have improved the following generic skills:

  • Oral and written communication;
  • Collaborative learning and team work;
  • Interpretation and analysis of real-world cases; and
  • Problem solving.
Notes: This subject is open to all postgraduate students in the Melbourne GSM. Students are generally expected to have work experience and a solid foundation in business and management.
Related Course(s): Master of Business and Information Technology
Master of Business and Information Technology

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