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.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorNicola McNeil

Available to Study Abroad/Exchange StudentsYes

Subject year levelYear Level 5 - Masters

Available as ElectiveNo

Learning ActivitiesSeminars, assignments and exam.

Capstone subjectNo

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); OR approval from the subject coordinator

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Career Ready

Career-focusedNo

Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/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 options

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Subject not currently offered - Subject options not available.