Bachelor of Business (Risk Management)

• General information
• Entry requirements -- Australian students
  • (a) Victorian Certificate of Education (VCE)
  • (b) Comparable qualifications
  • (c) Special admission
• Advanced standing (credit for work done elsewhere)
• Course structure
  • Inner core
  • Outer core
  • Strand
  • Electives

General information

Course code: To be advised + Course abbreviation: BBus(RiskMgt) + Course coordinator: Mr Michael Vincent + Caulfield on-campus and off-campus
The Bachelor of Business (Risk Management) is a three-year full-time course or a six-year part-time course offered at the Caulfield campus or by off-campus distributed learning.

Entry requirements -- Australian students

(a) Victorian Certificate of Education (VCE)

A study score of at least 25 in English (any) and in mathematics (any) at units 3 and 4 level, and a study score of at least 20 in any two other VCE studies.

(b) Comparable qualifications

Applicants may also satisfy entry requirements on the basis of qualifications deemed to be the equivalent of the above VCE, eg TAFE qualifications (the first year of a TAFE associate diploma or a TAFE qualification that satisfies the first year of a TAFE associate diploma) or comparable Year 12 qualifications, including International Baccalaureate, or approved tertiary-level study completed in Victoria, other states of Australia, or overseas.

(c) Special admission

Students who have not successfully completed VCE or equivalent may satisfy entry requirements by completing at least two Monash non-award single units or open learning (OLA) units. This course is open to mature-age applicants (23 years plus) who have passed the VCE or equivalent, including English, and have relevant retail work experience. Those seeking special admission should contact the course administrator at the address listed under the heading 'Application procedures'.

Advanced standing (credit for work done elsewhere)

Applicants who have undertaken studies at tertiary level may apply for credit in equivalent units in the course. When applying, prospective candidates must provide full documentary evidence of prior tertiary studies, including a copy of academic records and unit synopses from the handbooks of the years in which the units were passed, to enable credits to be processed.
The maximum credit available within this course will be 16 units of the course of study.
A substitution of core units may be granted for units considered to be similar to particular requirements for the course of study, and will fall within the maximum percentage allowed for credit exemptions within this course of study.

Course structure

Inner core

• AFF1110 Accounting for financial decision making
• BTF1010 Commercial law
• ECF1100 Microeconomics
• ETX1100 Business statistics
• MGF1010 Managing people and organisations
• MKF1120 Marketing theory and practice

Outer core

Six units (two of which are compulsory) selected from:

• AFF1300 Money and capital markets
• AFF2631 Financial management (compulsory)
• BTF1151 Corporations law and trusts
• BTF3931 Taxation law
• ECF1200 Macroeconomics (compulsory)
• ETX2121 Data analysis in business
• MGF2661 Human resource management
• MGF3401 Strategic management
• MKF2111 Buyer behaviour
• MKF3141 Issues in competitive advantage

Strand

The following six units specific to risk management:

• AFX1230 Introduction to risk
• IND2903 Physical risk treatment
• AFX2021 Risk identification and mitigation
• AFX3021 Risk finance
• AFX3031 Risk transfer
• ETX3011 Quantitative methods in risk analysis

Electives

In addition to the above 18 units in the 144-point program, students must choose six electives from any discipline within any faculty, subject to approval from other faculties.
The following regulations must also be observed:

• The number of first-year-level units must not exceed 10 (60 points).
• A minimum of six third-year-level units (36 points) must be taken, of which at least four must be from those offered by the faculty on the campus delivering the program.
• At least two (12 points) of the free electives must be taken outside the main field of study.

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