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Risk Management in Tertiary Education (MGMT90220)

Graduate courseworkPoints: 12.5Online

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Year of offer2019
Subject levelGraduate coursework
Subject codeMGMT90220
Term 1 - Online
FeesSubject EFTSL, Level, Discipline & Census Date

This subject provides an overview of the rapid rise of risk management in tertiary education. Framing this explosion in the broader context of public policy change and the emergence of the risk society, it critically examines the concepts and practices of risk management. It should provide participants with knowledge and insights in these areas:

  • understanding uncertainty and risk
  • identifying different types of risk, e.g. reputational risk, operational risk
  • risk management and the politics of uncertainty and trust
  • approaches to risk management, including enterprise-wide risk management (ERM)
  • strength and weaknesses of current risk management practices
  • risk management and governance
  • effective approaches to risk management in tertiary education

Intended learning outcomes

On completion, participants should be able to apply what they have learned by:

  1. understanding the background and theoretical drivers for the emergence of risk management
  2. describing different concepts and models of risk management
  3. describing different modalities of risk management in a tertiary education context
  4. assessing the effectiveness and efficiency of risk management practices within their own institutions and designing alternative approaches in case of ineffectiveness or inefficiencies
  5. understanding the links between governance and risk management at the institutional level

Generic skills

On completing this subject, participants should be able to:

  • communicate with people who work in different cultures and contexts
  • investigate policy and strategy problems, and generate options to resolve them
  • assess the risks and benefits of different solutions to management problems
  • apply accepted policies and principles to different kinds of cases
  • make well-informed management decisions that consider specific contexts.

Last updated: 29 August 2019