RISK AND COMPLIANCE

MGT5RCO

2020

Credit points: 15

Subject outline

This subject considers the topic areas that will enable students to gain an understanding of risk and compliance principles, frameworks and approaches. In this subject you will focus on principles and practices in relation to risk management and compliance; broader public policy developments that have shaped these principles and practices; and the role of risk and governance professionals in ensuring proper practice is implemented and systems are in place. This subject is offered in partnership with the Governance Institute of Australia.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator: Paul Willard

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: IBU5GW; Students must be enrolled in LMCGR - Master of Management (Corporate Governance and Risk), or by permission of subject coordinator

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: This subject is managed and delivered by the Governance Institute of Australia. Students are recommended to take Governance in a Globalising World - IBU5GW, Corporate Accountability - MGT5CAC, and Applied Corporate Law - MGT5ACL prior to enrolling in this subject. Students are recommended to contact the subject coordinator prior to enrolling. International student enrolment is limited to international students enrolled in one of the following courses: LMCGR, LMMGT, LMMEI, LMMHR, LMPM, LMMSM, LMIBUS, LZFAPA.

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

COMMUNICATION - Communicating and Influencing
INQUIRY AND ANALYSIS - Creativity and Innovation
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

Intended Learning Outcomes

01. Explain the concept, objectives and processes involved in establishing an enterprise-wide risk management framework.
02. Evaluate the merits of establishing a risk culture for achieving business objectives and compliance.
03. Analyse the methodologies and systems for monitoring and reporting on compliance.
04. Apply principles associated with risk management and compliance to a practical setting through case studies.

City Campus, 2020, Semester 1, Off Campus

Overview

Online enrolment: No

Maximum enrolment size: N/A

Subject Instance Co-ordinator:

Class requirements

SeminarWeek: 10 - 22
One 2.00 hours seminar per week on any day including weekend at night from week 10 to week 22 and delivered via face-to-face.
Subject coordinator to provide schedule. Subject delivered by Governance Institute of Australia. Classes normally begin 1-2 weeks after standard La Trobe semester and meet for 2.0 hours weekly for 12 weeks, depending on Governance Institute timetable. Classes may be offered in intensive block mode on weekends, depending on the Governance Institute timetable.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Individual Assignment - 2,500 words

N/AN/AN/ANo30SILO1, SILO2, SILO3, SILO4

Examination - 3000 words

N/AN/AN/ANo70SILO1, SILO2, SILO3, SILO4

City Campus, 2020, Semester 2, Off Campus

Overview

Online enrolment: No

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Paul Willard

Class requirements

SeminarWeek: 31 - 43
One 2.00 hours seminar per week on any day including weekend at night from week 31 to week 43 and delivered via face-to-face.
Subject coordinator to provide schedule. Subject delivered by Governance Institute of Australia. Classes normally begin 1-2 weeks after standard La Trobe semester and meet for 2.0 hours weekly for 12 weeks, depending on Governance Institute timetable. Classes may be offered in intensive block mode on weekends, depending on the Governance Institute timetable.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

Individual Assignment - 2,500 words

N/AN/AN/ANo30SILO1, SILO2, SILO3, SILO4

Examination - 3000 words

N/AN/AN/ANo70SILO1, SILO2, SILO3, SILO4