Graduate Certificate of Insurance and Risk Management
Course summary for local students
Student Information Centre
Tel 1300 334 733
enquire@deakin.edu.au
G = Geelong Waurn Ponds Campus
S = Geelong Waterfront Campus
W =Warrnambool Campus
X = Off campus
| Award granted | Graduate Certificate of Insurance and Risk Management |
|---|---|
| Campus | This course is only offered off campus |
| Off-campus | Yes |
| Length | 1 year part time |
| Next available intake | March (Trimester 1), July (Trimester 2) |
| Indicative annual fee 2013 | $22,220/0.5 EFTSL-$11110* - Full-fee paying place |
| Faculty contacts | Postgraduate Student Administration |
| Deakin course code | M573 |
Students who commenced this course prior to 2012 should discuss unit selections with their enrolment officer. | |
Course sub-headings
- Course overview
- Fees and charges
- Career opportunities
- Course rules
- Course structure
- Entry requirements - general
- Entry requirements - specific
- Credit for prior learning - general
- How to apply
Course overview
The Graduate Certificate of Insurance and Risk Management provides specific education for those graduate-level industry entrants in the general insurance sectors of the insurance industry.Fees and charges
Equivalent Full Time Student Load (EFTSL)
EFTSL is the standard annual full time load. Eight credit points is the standard full time load for one year of study. If you are studying a graduate certificate of 4 credit points, your total course EFTSL is 0.5.
This is a fee-paying course. Domestic students may be eligible for FEE-HELP assistance in paying these tuition fees. For more information about FEE-HELP go to http://www.deakin.edu.au/future-students/fees/.
A Fee paying place is one for which the university does not receive any government funding. As such, students enrolled in these places are required to contribute the full cost of their course.
Fee paying places are available to domestic students. Domestic students are those who are Australian citizens, New Zealand citizens or holders of a permanent visa.
* The 'indicative annual course fee' cited has been provided as a guide only. It has been calculated on the basis of a typical enrolment of a student undertaking the course in 2013, and reflects the cost involved in undertaking a full-time quota of units within the specified discipline.
The actual fees charged by Deakin University will depend upon the discipline from which each individual unit is chosen, and may vary from the indicative course fee cited, particularly if units are chosen from a number of disciplines. The cost of each unit offered in 2013 can be viewed from the Unit Search.
Please note that the fees per unit/credit point may increase annually due to rises in the cost of course delivery and service.
Deakin assumes no responsibility for persons relying on 'indicative course fees' to calculate the total future cost of their course.
Career opportunities
The Graduate Certificate of Insurance and Risk Management program equips those seeking a career in the insurance industry with the necessary knowledge to enter the industry and also meet the legislative requirements necessary for those working in the industry. The program also allows those currently working in the industry to consolidate and upgrade their knowledge.
Within the industry there are a wide range of areas in which careers can be developed. With Insurers this could be as an underwriter where you are analysing risks presented by insured's or in the management of claims. Careers can also be had with insurance brokers. An insurance broker is focused on establishing the client's needs and then developing an insurance program to meet those needs. Having done this they then market the program to insurers. A further career area is in risk management where you would form part of a company's risk management team. The team seeks to analyse the exposures faced by your company and devise strategies to minimise them or to meet the consequences should a loss develop.
Course rules
The Graduate Certificate of Insurance and Risk Management comprises 3 credit points of units selected from a specified list and one elective unit.
Students successfully completing this course can articulate into the Master of Insurance and Risk Management but will not be granted credit for prior learning for units completed.
Course structure
At least 3 credit points of units chosen from:
| MPS701 | Principles of Risk and Insurance |
| MPS703 | Reinsurance |
| MPS707 | Life Risk |
| MPS708 | General Insurance |
Plus one unit chosen from:
| MLC771 | Law for Managers |
| MPA711 | Corporate Governance and Ethics |
| MPR751/MPA751 | Financial Reporting and Analysis * |
| MPT753/MPF753 | Finance # |
| MPR732/MPK732 | Marketing Management * |
| MPT722/MPM722 | Human Resource Management # |
| MPR722 | Human Resource Management (Residential) * |
or any other unit in the MIRM approved in writing by the Course Team Chair. Where a student is precluded from a unit in the Graduate Certificate, the student may seek permission from the Course Team Chair to undertake an alternate unit.
* MPR code denotes residential version of the unit
# MPT code denotes study tour version of the unit
Entry requirements - general
Deakin University offers admission to postgraduate courses through a number of Admission categories.In all categories of admission, selection is based primarily on academic merit as indicated by an applicant's previous academic record.
For more information on the Deakin Admissions Policy visit The Guide.
Entry requirements - specific
Completion of a tertiary program equivalent to not less than 3 years of full-time study at a university or other approved educational institution. Or for those without a degree, 5 years relevant work experience and Senior Associate membership of the Australian and New Zealand Institute of Insurance and Finance; or 7 years of relevant work experience.
Credit for prior learning - general
The University aims to provide students with as much credit as possible for approved prior study or informal learning which exceeds the normal entrance requirements for the course and is within the constraints of the course regulations. Students are required to complete a minimum of one-third of the course at Deakin University, or four credit points, whichever is the greater. In the case of certificates, including graduate certificates, a minimum of two credit points within the course must be completed at Deakin.You can also refer to the Credit for Prior Learning Systemwhich outlines the credit that may be granted towards a Deakin University degree.
How to apply
Applications must be made directly to the University through the Applicant Portal. Details of available courses and application closing dates can be found on the Apply webpage. Please note that closing dates may vary for individual courses.
Your course may require further information in support of your application. Please refer to the faculty information website for further details.
