Risk Management and Insurance
PostgraduateACU-BAFN6092022
Course information for 2022 intake
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.
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 13 weeks
- Loan available
- FEE-HELP available
Risk Management and Insurance
About this subject
On successful completion of this subject, students should be able to:
- understand the features of the risk management process, risk governance, risk reduction, and an enterprise risk management
- apply Value at Risk (VaR) in measuring overall and individual position market risk
- apply forward and future contracts in managing risks
- apply swaps and options contracts in managing risk
- evaluate the structure of the insurance market and insurance-based solutions to risk management problems
- generate risk mitigating plans for a firm collaboratively
- Risk management
- Risk governance
- Market risk
- Credit risk
- Operational risk
- Liquidity risk
- Interest rate risk
- Exchange rate risk
- Value at risk
- Forward and futures contracts
- Swap and options contracts
- Insurance markets
- Insurance industry regulation and taxation
- Insurance products, services and processes
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.
- Essay (25%)
- Report (25%)
- Assignment (50%)
For textbook details check your university's handbook, website or learning management system (LMS).
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.
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- 35
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- 26
Entry requirements
To enrol in this subject, you must be admitted into a degree.
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.