Graduate Diploma in Risk Management

• Course structure

Course code: 3152 + Course abbreviation: GradDipRiskMgt + Course director: Mr Michael Vincent + Offered on campus by weekend modules and by off-campus learning from the Caulfield campus + Normally completed in two semesters of full-time study or four semesters of part-time study

This course is designed to provide a program in the area of risk management, to be managed by the Australasian Risk Management Unit. The program recognises the fundamental importance of risk management in today's commercial world and seeks to provide graduates with extended skills in these areas. This course will prepare students for the increasingly complex risk management issues that they will face when employed in many areas of business and in government agencies. This diploma provides education in the area of risk management and related topics appropriate for practitioners seeking to meet professional education requirements or to update their knowledge in specific risk management areas. It is also appropriate for people working in other business, financial planning or investment areas who regularly deal with risk management issues and those who wish to complete a preliminary course of risk management studies.

Applicants require a pass degree or equivalent qualification from a recognised tertiary institution, or an executive certificate from this faculty with an average grade of credit or above. Those without a first degree who have at least six years appropriate employment experience should refer to the section on executive certificates. Candidates may be eligible for a maximum of four exemptions for units considered equivalent to particular units in the course of study. Refer to the course director for further details.
This is a fee-paying course. Candidates should consult the Department of Accounting and Finance as to the 2003 course fee. Course fees are set and reviewed annually and are therefore subject to change.
Students who successfully complete the Graduate Diploma in Risk Management may apply for admission to the Master of Risk Management course.

Course structure

The course consists of the following eight units:

• BTF9760 Risk control and the law
• AFF9770 Risk financing and treasury management
• ETX9520 Quantitative methods for risk analysis
• AFF9020 Introduction to risk principles
• BTF4031 Insurance law
• AFF4031 Principles of risk transfer
• Plus two 4000-level electives chosen from any discipline, within any faculty, subject to approval of the course director.

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