AFF4031

Principles of risk transfer

(BUS)

Mr Michael Vincent

6 points + Caulfield, 3-hour class per week + OCDL + Prerequisite: AFF9020

Synopsis: This subject is designed to dvelop the concept of risk transfer, or the insurance purchase decision, as an outcome of risk management decision-making. It discusses the concept and application of insurance and the principals underlying the insurance purchase, with emphasis on the relationship to the risk management process.

Assessment: Group assignment: 30% + Class work and presentations: 20% + 3-hour examination: 50%