Postgraduate handbook 2005 - Business and Economics

Master of Business Administration/Master of Risk Management

Course code: 3191 + Course abbreviation: MBusAdm/MRiskMgt + Total credit points required: 120 + 5 semesters full-time, 10 semesters part-time + On-campus (Caulfield)
Course director: Associate Professor Peter Reed

Course description

This double-degree course aims to provide a broad-based foundation in business and management while providing specialist knowledge and skills in risk management.

Entry requirements

Applicants need to have completed:

• a degree from a recognised tertiary institution with an average grade of credit or above, and
• a minimum of two years relevant full-time post-degree work experience, preferred four years.

Advanced standing

No external credits are allowable for a double-degree program. However, a maximum of two preclusions (substitutions) against the MBA core is possible. This has the effect of reducing the MBA core and adding an extra elective unit for each preclusion granted.

Fees

This course is offered on a fee-paying basis:

• 2005 domestic student fees: $19,000 per annum ($2420 per unit)
• 2005 international student fees: $22,400 per annum ($2800 per unit)

The fees quoted are provided as a guide only and are subject to final approval by the university late in 2004.
For future years of the course, Monash University reserves the right to adjust annual tuition fees. However, Monash University undertakes that any adjustment factor will not exceed 10% per annum.

Course structure

(a) Students must complete 10 core units (60 credit points):

• MBA9001 Managerial and leadership skills
• MBA9002 The legal environment of business
• MBA9003 Economics for managers
• MBA9004 Accounting for business
• MBA9005 Corporate finance
• MBA9006 Marketing
• MBA9007 Business analysis and planning
• MBA9008 Managing people at work
• MBA9009 Managing information
• MBA5005 Strategic management

(b) Students must complete 10 units (60 credit points) from the Master of Risk Management as follows:
(i) Eight core units (48 credit points):

• AFF9020 Introduction to risk principles
• AFF9770 Risk financing and treasury management
• BTF9760 Risk control and the law
• ETX9250 Quantitative methods for risk analysis
• BTF4031 Insurance law
• AFF4031 The principles of risk transfer
• AFF5011 Issues in risk management
• AFF5021 Case studies in risk management

(ii) Two units (12 credit points) as follows:

• One 4000-level unit (choose from any discipline within any faculty at Monash University, subject to approval from the faculty concerned and the course director of the Master of Risk Management program).
• One 5000-level unit (choose from any discipline within any faculty at Monash University, subject to approval from the faculty concerned and the course director of the Master of Risk Management program).

Students would normally complete the 10 core MBA units before undertaking electives as part of the Master of Risk Management program.

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