AFX3031

Risk transfer ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Mr Michael Vincent

Offered:
Caulfield First semester 2006 (Evening)
Caulfield First semester 2006 (OCL)
Caulfield Second semester 2006 (Evening)

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