Graduate Diploma in Risk Management

• General Information
• Aims
• Entry requirements
• Special requirements
• Attendance
• Course structure
  • Course plan
    • Year one, first semester
    • Year one, second semester
    • Year two, first semester
    • Year two, second semester
• Advanced standing for previous study
• Completed applications

General Information

Course code: 3152 + Caulfield campus + Full fee-paying course: local and international students

Aims

The objectives of the course focus on key areas of study through which the students will be able to:

• apply rigorous theoretical and practical skills in risk management in business and public sector contexts
• be familiar with current practices in risk management and be aware of future directions and developments
• know how to influence corporate policy and facilitate the integration of risk management into database development and management
• improve critical thinking and problem solving in risk management
• recognise how to use risk management concepts to create competitive advantage for the firm by thinking about the customer as a long-term asset
• demonstrate the capacity to synthesise and communicate risk management knowledge effectively when analysing and solving business problems
• appreciate and be able to identify risk issues
• satisfy (in the area of risk management) the educational requirements for the Australian Institute of Risk Management and be admitted at the level of member.

Entry requirements

Applicants must have a pass degree or equivalent qualification from a recognised tertiary institution; or an executive certificate offered by the faculty with an average grade of credit or above.

Special requirements

Students should have access to a computer (at least a Pentium 166 with Windows 95 or later) as a portion of the learning is via interactive tutorial disks. In addition, it is strongly recommended that students undertake 12 hours of study per unit per week.

Attendance

Students have the option of attending three weekend sessions per unit per semester which are currently available in Melbourne and Sydney.

Course structure

The graduate diploma is offered on a part-time basis only and is of two yearsí duration by off-campus learning. Students are expected to undertake two units per semester and pass the equivalent of eight units to be eligible for the award of Graduate Diploma in Risk Management.

Course plan

Year one, first semester

• AFF9020 Introduction to risk principles
• AFF9770 Risk financing and treasury management

Year one, second semester

• BTF9760 Risk control and the law
• ETX9520 Quantitative methods for risk analysis

Year two, first semester

• BTF4031 Insurance law
• Level 4 elective

Year two, second semester

• AFF4031 Principles of risk transfer
• Level 4 elective

Advanced standing for previous study

To apply for advanced standing, applicants must complete the ëApplication for advanced standingí form and provide full documentation, ie unit syllabuses and official transcripts of results. Students can apply for up to a maximum of 50 per cent of the program. In addition, prior studies must have been completed within the last five years.

Completed applications

Completed applications are to be forwarded to Ms Kim Miller, Australasian Risk Management Unit, Department of Accounting and Finance, Monash University, Caulfield Campus, PO Box 197, Caulfield East, Victoria 3145, by 20 December 2002. For further information email flexlearn@buseco.monash.edu.au.

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