GOVERNANCE, ETHICS AND RISK MANAGEMENT

ACC3GRM

2020

Credit points: 15

Subject outline

Ethical behaviour and responsibility are fundamental for financial services professionals in the contemporary business environment. Professionals in the financial services industry are required to have an ability to understand, evaluate and apply principles of ethics, governance, accountability and risk management. In this subject, you will gain knowledge and understandings of the key theoretical and practical elements of ethics, governance and risk management. You will focus on topics such as ethical theories, ethical decision-making processes, junctures between ethics, professionalism and organisations, economic crime, corporate governance mechanisms, boards of directors, corporate social responsibility, and risk management concepts and frameworks.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator: Kamran Ahmed

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 3 - UG

Available as Elective: No

Learning Activities: N/A

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: ACC1AMD

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Quota Management Strategy: N/A

Quota-conditions or rules: N/A

Special conditions: N/A

Minimum credit point requirement: N/A

Assumed knowledge: N/A

Learning resources

Principles of Ethics and Corporate Governance in Financial Services

Resource Type: Other resource

Resource Requirement: Prescribed

Author: Steven Dellaportas, Steen Thomsen and Martin Conyon

Year: N/A

Edition/Volume: N/A

Publisher: McGraw-Hill Australia

ISBN: N/A

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Career Ready

Career-focused: No

Work-based learning: No

Self sourced or Uni sourced: N/A

Entire subject or partial subject: N/A

Total hours/days required: N/A

Location of WBL activity (region): N/A

WBL addtional requirements: N/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

COMMUNICATION - Communicating and Influencing
DISCIPLINE KNOWLEDGE AND SKILLS
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
PERSONAL AND PROFESSIONAL - Ethical and Social Responsibility
PERSONAL AND PROFESSIONAL - Leadership and Teamwork

Intended Learning Outcomes

01. Evaluate ethical principles, theories and decision-making processes.
02. Describe and analyse connections and tensions between ethics, professionalism and the corporate environment.
03. Identify and critique corporate governance principles and mechanisms.
04. Define and analyse issues surrounding the roles, functions and structures of boards of directors.
05. Interpret risk management procedures and risk management frameworks.

Melbourne (Bundoora), 2020, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Kamran Ahmed

Class requirements

LectureWeek: 31 - 43
One 2.00 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

TutorialWeek: 32 - 43
One 1.00 hour tutorial per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One Mid-semester Test (In-Class) (500-word equivalent). Individual assessment.

N/AOther written examIndividualNo20SILO1, SILO2, SILO3

One Group Assignment (1,000-word equivalent per student)

N/AAssignmentGroupNo20SILO3, SILO4, SILO5

One 3-hour Final Examination (3,000-word equivalent). Individual assessment.

N/ACentral examIndividualNo60SILO1, SILO2, SILO3, SILO4, SILO5