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Unit of Study

International Risk Management
UoS Code IBUS3102
Credit points 6
Offered Semester 1 and Semester 2
Prerequisites 36 Junior credit points of units
Assumed Knowledge
Additional Information
Lectures 1x 2hr lecture and 1 x 1hr workshop per week
Assessment individual risk analysis 1 (20%), individual risk analysis 2 (30%), risk management proposal (20%), final exam (30%)
Description This unit is designed to introduce students to the nature of risk management, particularly the identification of risk, its analysis and consequences for international business actors. Emphasis is placed on surveying some of the environments that can potentially generate risk, how these risks can impact various aspects of market composition and market participation, the integrity of business actors and their profitability and viability. The business environments surveyed include the international financial system, government and regulation of business activity, compliance risk, corporate social responsibility and activism, as well as issues associated with country and political risk.