Monash University: University handbooks: Undergraduate handbook: Units indexed by faculty
Previous page | Next page | Section contents | Title and contents

Bachelor of Business (Risk Management)

Course code: 3158 + Course abbreviation: BBus(RiskMgt) + Total credit points required: 144 + 3 years full-time, 6 years part-time

Study mode and course location

On-campus (Caulfield)

Course description

The course is designed to provide a degree structure with a major sequence of units in the area of risk management. It recognises the fundamental importance of risk management in today's commercial world and seeks to provide graduates with extended skills in these areas. It will also prepare them for the range of increasingly complex risk management issues they will face when employed in many areas of business and in government agencies. The course has been designed to meet the real-world needs of students and a wide-range of potential employers.

Course structure

Areas of study

Students must complete a major specialisation in risk management.

Other studies may be drawn from any of the disciplines taught on the Caulfield campus by the Faculty of Business and Economics. These other studies can in some cases form a second major in a business discipline.

Up to six open electives may also be taken from other campuses or other Monash faculties.

Course requirements

The degree requirements are:

(a) Completion of six compulsory common core units (36 points):

• AFF1110 Accounting for financial decision making
• BTF1010 Commercial law
• ECF1100 Microeconomics
• ETX1100 Business statistics
• MGF1010 Managing people and organisations
• MKF1120 Marketing theory and practice

(b) Outer core - completion of six outer-core units (36 points), including the two compulsory units (12 points) listed below and a further four units (24 points) from the remaining units listed below:

• AFF1300 Money and capital markets
• AFF2631 Financial management (compulsory)
• BTF2220 Corporations law and trusts
• BTF3931 Taxation law
• ECF1200 Macroeconomics (compulsory)
• ETX2121 Data analysis in business
• MGF2661 Human resource management
• MGF3401 Strategic management
• MKF2111 Buyer behaviour
• MKF3141 Issues in competitive advantage

(c) Strand - the following six units (36 points) are compulsory and complete a major specialisation in risk management:

• AFX1230 Introduction to risk
• IND2903 Physical risk treatment
• AFX3141 Risk identification and mitigation
• AFX3021 Risk financing
• AFX3031 Risk transfer
• ETX2011 Quantitative methods for risk analysis

(d) A total of 24 units (144 points) over a maximum of 10 years of study.

(e) A maximum of 10 first-year-level units (60 points).

(f) A minimum of six third-year-level units (36 points), of which at least four units (24 points) must be from those offered by the faculty on the campus delivering this program.

(g) An option to include a maximum of six units (36 points) in disciplines taught by other Monash faculties or from units offered on campuses other than the campus delivering this program.

(h) At least two non-compulsory units (12 points) must be outside the main field of study.

Professional recognition

This degree with relevant units is recognised by the following legal entity:

• Risk Management Institution of Australasia

It is important to note that professional recognition may be dependent upon the correct choice of units. For further details, refer to 'Professional recognition' in the 'Faculty information' section of the Faculty of Business and Economics entry.

Contact details

Inquiries: telephone +61 3 9902 6011, fax +61 3 9903 2955, email enquiries.caulfield@buseco.monash.edu.au or visit www.buseco.monash.edu.au.

Course coordinator

Mr Michael Vincent

Previous page | Next page | Section contents | Title and contents