Handbook

NOTE:This course was previously identified as MBAX9130.

This course considers external and internal drivers that can result in a range of compliance, operational, financial and strategic risks manifesting in organisations. Typical areas of impact examined will include finance, business operations, IT, innovation, crisis response and reputation. An organisation?s culture can impact on the effectiveness of its risk management, which needs to be incorporated into all business planning and decision-making.

The course also examines the role of corporate governance and compliance, introducing students to relevant standards, and suggests methods of developing and implementing appropriate risk-management strategies. That said, the course is not completely focused on compliance, but more on the development of useful risk-management skills, including some of the effective tools available for identifying, assessing and quantifying risk. In addition, a recognition of emerging issues in enterprise risk management will be addressed.

It is the objective of the Course Coordinator that each student completing the course possesses a different view of the concept of risk and how it affects their personal, professional and corporate lives. In addition to a different perspective on risk, each participant should feel they are familiar with the tools and techniques of both identifying and managing risk to reduce its adverse impacts and increase the opportunities risk presents.