Master of Risk Management

Course code: 3153 + Course abbreviation: MRiskMgt + Total points required: 72 + 3 semesters full-time, 6 semesters part-time

Study mode and course location

On-campus (Caulfield)

Course description

This masters program recognises the fundamental importance of risk management in today’s commercial world and seeks to provide graduates with extended skills in these areas. The 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. It also 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 suitable for people working in other business, financial planning or investment areas who regularly deal with risk management issues.

Credit for prior studies

Candidates who have completed Monash's Graduate Diploma in Risk Management in the past five years will be eligible for eight units of credit (48 points).

Other candidates may be eligible for credit for a maximum of six units considered to be equivalent to particular units completed at graduate level. Credit is restricted to study completed in the last five years.

Course structure

Students must complete twelve core units (72 points):

(a) completion of eight core units (48 points):

AFF5011 Issues in risk management
AFF5021 Case studies in risk management
AFF5031 Principles of risk transfer
AFF9020 Introduction to risk principles
AFF9770 Risk financing and treasury management
BTX5031 Insurance law
BTX9760 Risk control and the law
ETX9520 Quantitative methods for risk analysis

(b) completion of four graduate level units (24 points) offered by any faculty in the university.

It is recommended that students consult with the Course Director to ensure their elective units form a coherent study program.

Contact details

Course director

Mr Michael Vincent

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