ENTERPRISE RISK MANAGEMENT

MGT5ERM

Not currently offered

Credit points: 15

Subject outline

All enterprises, public, private, government or not-for-profit, operate in an environment characterised by uncertainty, which creates risks that the enterprise may gain or lose value. Successful organisations seek to understand these risks and identify strategies to optimise them, so as to maximise their potential to enhance the value of the organisation, and minimise their potential to destroy it. In this subject you will learn how to identify and evaluate the portfolio of risks facing an enterprise. You will also learn how to establish an enterprise risk management (ERM) framework that best serves your organisation's strategic and operational goals. While the subject will focus generally on the wide range of enterprise risk factors, and methods to identify, evaluate, manage and monitor them, a more particular focus will also be given to examining cyber risks and threats.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator: Kok-Boon Oh

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 5 - Masters

Available as Elective: No

Learning Activities: N/A

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: Students must be enrolled in any Business School Postgraduate program; OR a Master of Cyber Security program (SMCYC, SMCYCO, SMCYL, SMCYLO, SMCYB, SMCYBO); OR Online Open Access (SHE) (SHEOOA)

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

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

Intended Learning Outcomes

01. Analyse the core values of an enterprise and critically evaluate how these values affect the risk profile of the enterprise.
02. Assess the role of international, national and regional standards that ensure risks are being managed effectively within an enterprise.
03. Recommend the enterprise risk management (ERM framework most suited to support the enterprise's strategic and operational ERM objectives.
04. Critically examine the essential attributes of a successful ERM.
05. Identify, analyse and rank the risks to which an enterprise is exposed.
06. Evaluate the range of tools and strategies which you might apply to manage the portfolio of risks to which an enterprise is exposed.
07. Critically analyse the extent to which your enterprise might be exposed to cyber risks and threats, and how these might be managed within an ERM framework.
Subject not currently offered - Subject options not available.