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Undergraduate |
(BUS)
|
Leader: Mr Michael Vincent
Offered:
Caulfield First semester 2005 (Evening)
Caulfield Second semester 2005 (Evening)
Singapore Second semester 2005 (OCL)
Synopsis: This unit is designed to introduce the concept of risk transfer as an outcome of risk management decision-making. It introduces the concept and application of insurance and the principals underlying the insurance purchase. It will look at risk and its treatment, the insurance mechanism and further develop risk as a business philosophy.
Assessment: Assignment (3000 words): 30% + Examination (3 hours): 70%
Prerequisites: AFX2021 or AFX3141