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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), July (Trimester 2), November (Trimester 3)
|Indicative annual fee 2013||$22,250* - Full-fee paying place|
Postgraduate Student Administration
|Deakin course code||M773|
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.
Depending upon unit choice, completion of the Master of Insurance and Risk Management can meet the educational requirements of ANZIIF's Fellowship award.
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
Completion of a tertiary program equivalent to not less than 4 years of full-time study at a university or other approved educational institution, or completion of a tertiary program equivalent to not less than 3 years of full-time study at a university or other approved educational institution and 3 years relevant work experience, or for those without a degree, a graduate diploma in a cognate area plus 5 years minimum relevant work experience. Normally applicants will not be granted Credit for Prior Learning towards the 8 credit point masters.
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.