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|Award granted||Master of Insurance and Risk Management|
|Campus||This course is only offered off campus|
|Length||1 year full-time or part-time equivalent|
|Next available intake|
March (Trimester 1)
|Indicative annual fee 2013||$27,660* AUD|
IELTS overall score of 6.5 (with no band score less than 6) or equivalent
|Deakin course code||M773|
|Faculty contacts||Deakin International|
Tel +61 3 9627 4877
Students who commenced this course prior to 2012 should discuss unit selections with their enrolment officer.
The Master of Insurance and Risk Management provides specific education and professional accreditation for those graduate-level industry entrants in the general insurance sectors of the insurance industry. In addition to the core units, the course includes an optional insurance and risk management practicum unit that provides students with the opportunity to undertake appropriate and relevant experiential learning in a business context.
The Master 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.
The Master of Insurance and Risk Management requires completion of 8 credit points of units, comprising 5 credit points of units from a specified list plus 3 credit points of elective units.
The course can be completed in one year of full-time study or part-time equivalent. Graduates of the Graduate Certificate of Insurance and Risk Management will not be granted credit for prior learning upon articulation into this course.
At least 5 credit points from the following specified units:
|MPS701||Principles of Risk and Insurance|
|MAF754||Enterprise Risk Management|
|MPS710||Insurance and Risk Management Practicum|
Plus 3 credit points chosen from:
|MLC771||Law for Managers|
|MPA711||Corporate Governance and Ethics|
|MPR751/MPA751||Financial Reporting and Analysis *|
|MPR732/MPK732||Marketing Management *|
|MPM715||Management and Organisational Consulting|
|MPR722/MPM722||Human Resource Management *|
|MPT722||Human Resource Management (Tour) #|
or any above listed not previously studied.
Students may also undertake other postgraduate units offered by the Faculty of Business and Law subject to the approval of the Course Team Chair.
* MPR code denotes residential version of the unit
# MPT code denotes study tour version of the unit
Applicants for M773 Master of Insurance and Risk Management must hold a four year bachelor degree (or equivalent), or a three year bachelor degree (or equivalent) and a minimum of three years professional or managerial experience in finance, insurance, financial planning, or superannuation or related industries. Alternative entry will be available by completion of M573 Graduate Certificate of Insurance and Risk Management but will not receive credit for units completed.
IELTS / English language requirements
Please note that English language requirements exist for entry to this course and you will be required to meet the English language level requirement that is applicable in the year of your commencement of studies.
It is the students’ responsibility to ensure that she/he has the required IELTS score to register with any external accredited courses.
Tracking your application
If you have already applied and wish to enquire about your application please refer to the relevant area through which you originally applied.