6 points, SCA Band 3, 0.125 EFTSL
Postgraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
- First semester 2019 (On-campus)
- Second semester 2019 (On-campus)
Topics include the evaluation of risk; financing tools; retention and transfer; insurance; non insurance; pre and post loss funding; retention and self insurance decisions; insurance and reinsurance principles and practices for the corporate buyer; deductible selection models; management and administration of losses and insurance claims; institutional factors, accounting factors, including taxation and government incentives; captive insurance companies; international considerations; financial transfer by contract.
The learning goals associated with this unit are to:
- develop critical skills in understanding, analysing and applying concepts and models relating to risk management by the treasury of an organisation
- develop an understanding of optimum capital structure, maximisation of firm value and investment risk management faced by the treasury
- explain the link between theory of derivative products, insurance products and credit derivatives such as securitisation and the real world situation
- develop writing and presentation skills by requiring the submission of group assignments relating to existing practices followed by the banks
- develop the ability to work independently by requiring presentation of tutorials answers relating to risk management by the financial institutions
- demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by BFF5977.
Within semester assessment: 50% + Examination: 50%
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
See also Unit timetable information