Credit points: 15

Subject outline

The purpose of this subject is to provide students with a basic understanding of the areas of insurance and the general management of risk. The subject examines the range of personal, business and general insurance products and the advice and strategies used by financial planners to satisfy the needs of clients. Students will be introduced to the areas of risk and various risk management techniques, the key types of insurances policies, policy documents, underwriting and claims handling procedures. The subject will also provide a coverage of a range of risk management strategies utilised by business. There will be an emphasis placed on the application of knowledge into solving real-life issues and extensive use will be made of practical case-studies throughout this subject.

FacultyFaculty of Business, Economics and Law

Credit points15

Subject Co-ordinatorEdward Podolski-Boczar

Available to Study Abroad StudentsYes

Subject year levelYear Level 2 - UG

Exchange StudentsYes

Subject particulars

Subject rules

Prerequisites BUS1AFB


Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Subject options

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Start date between: and    Key dates

Melbourne, 2014, Semester 2, Day


Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorEdward Podolski-Boczar

Class requirements

Lecture Week: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Tutorial Week: 32 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.


Assessment elementComments%
Case study20
Final Examination60
Tutorial work20