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Business Risk Management (MULT90014)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Year of offer2019
Subject levelGraduate coursework
Subject codeMULT90014
Winter Term
FeesSubject EFTSL, Level, Discipline & Census Date

Risk management is a key business activity that impacts the full range of organisational activities and functional areas across the enterprise. This subject surveys a spectrum of business risks from operational to strategic risks. It provides a foundation in enterprise risk management principles, tools and techniques such as risk scenario planning.

Intended learning outcomes

On successful completion of this subject, students should be able to:

  • Analyse the need for risk management and explain how risk management influences business decisions;
  • Prepare risk management documentation;
  • Describe and evaluate risks of different types;
  • Interpret and analyse business situations utilising a risk management framework to assess impact on the enterprise and recommend an appropriate response.

Generic skills

On successful completion of this subject, students should have improved the following generic skills:

  • Oral and written communication;
  • Collaborative learning and team work;
  • Interpretation and analysis of real-world cases;
  • Problem solving.

Eligibility and requirements





Non-allowed subjects


Recommended background knowledge

Students without work experience should either have an undergraduate business degree or have completed 50 points of graduate study.

Core participation requirements

The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.

Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home


Additional details

  • Group project (normally in groups of 5 students), 5000 words, with deliverables due progressively during the semester (25%)
  • Individual exercises totalling 1500 words due progressively during the semester (15%)
  • 2-hour end of semester examination (60%)

Note: Successful completion of this subject requires a pass (50%) in the final exam.

Dates & times

  • Winter Term
    Principal coordinatorMichael Davern
    Mode of deliveryOn Campus — Parkville
    Contact hoursWinter term: three 3-hour seminars per week
    Total time commitment170 hours
    Teaching period 2 July 2019 to 25 July 2019
    Last self-enrol date 5 July 2019
    Census date12 July 2019
    Last date to withdraw without fail26 July 2019
    Assessment period ends 8 August 2019

    Winter Term contact information

Time commitment details

Estimated total time commitment of 170 hours per semester

Further information

  • Texts

    Prescribed texts

    Online readings available via the LMS

  • Subject notes

    This subject is open to all postgraduate students in the Graduate School of Business and Economics. Students are generally expected to have work experience and a solid foundation in business and management.

  • Available through the Community Access Program

    About the Community Access Program (CAP)

    This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.

    Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.

  • Available to Study Abroad and/or Study Exchange Students

    This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.

Last updated: 21 August 2019