Understand the risks big businesses face, and how you can avoid them. Cover risk measurement and evaluation, exposures, mitigation, insurance and more. You’ll finish this course with skills sought after by banking and finance industries.
Established in 1991 after amalgamating four eastern Australian Catholic tertiary institutes, Australian Catholic University now has seven campuses, from Brisbane to Melbourne and welcomes students of all beliefs. Specialising in arts, business, education, health sciences, law, theology and philosophy, ACU encourages its students to think critically and ethically and bring change to their communities and offer this online through Open Universities Australia.
This subject introduces students to the different types of risks faced by corporations and frameworks for assessing and mitigating those risks. Students will learn to understand the concepts of risk measurement and evaluation, risk management in the board room, enterprise risk management, risk exposures and mitigation, insurance markets, insurance industry regulation and taxation, and Value at Risk (VaR). Students will develop skills in identifying and managing risks. Students will be able to apply derivatives to generate the risk mitigating plans of firms. This subject provides students with necessary knowledge and skills needed to get work-ready for a career in the banking and finance industry.
Assessments are used primarily to foster learning. ACU adopts a constructivist approach to learning which seeks alignment between the fundamental purpose of each subject, the learning outcomes, teaching and learning strategy, assessment, and the learning environment. In order to pass this subject, you are required to achieve an overall score of at least 50%. Using constructive alignment, the assessment tasks are designed for you to demonstrate your achievement of each learning outcome.