Risk financing and treasury management
Mr Kevin Tant
3 hours per week * First, second semester * Caulfield, Distance, In-house * Prerequisite: Special selection criteria applies
Objectives On completion of this subject students should have a theoretical and practical understanding of the concept of risk financing; the range of techniques of risk financing available in todays' markets.
Synopsis The evaluation of risk; financing tools; retention and transfer; insurance; non insurance; pre and post loss funding; retention and self insurance decisions; insurance and reinsurance principles and practices for the corporate buyer; deductible selection models; management and administration of losses and insurance claims; institutional factors, accounting factors, including taxation and government incentives; captive insurance companies; international considerations; financial transfer by contract.
Assessment Modular assignments: 30% * Major assignment (3 hours): 40% * Final examination (3 hours): 30%
Prescribed texts
Pollard J A Financial engineering Butterworths, 1988