BUS5800 - Risk analysis models for business

Offered

Clayton Second semester 2007 (Day)

Synopsis

This unit gives students a practical introduction to spreadsheet-based risk management modelling. The unit material will be presented through a series of business case studies covering numerous applications of risk analysis. Computer methodology will be taught on Microsoft Excel using advanced modelling tools and the students will also be introduced to the most widely used risk analysis software in industry. Risk analysis methods taught will include scenario analysis and simulation. Students will also be introduced to a framework for building effective spreadsheet based decision models.

Assessment

Laboratory sessions and assignments: 20%
Examination (2 hours): 80%
Students must pass the examination in order to pass the unit

Contact hours

One 2-hour lecture and one 1-hour laboratory per week

Prerequisites

BUS9520 and BUS9530 or FIT9004

Prohibitions

BUS3800, ETX9520