MGB341 Managing Risk

Unit synopsis

Identifying, analysing, treating and learning from disturbances that can harm an organisation are valuable skills for managers who make decisions that influence employee behaviours, organisational perforamance, and the long-term sustainability and growth of their organisation. By developing a practical understanding of contemporary risk management models, this unit aims to develop students' competencies in applying current risk management models to improve decision making in managing risk. Students will explore real world cases that showcase a range of approaches to managing risk, with an emphasis on developing consistently reliable outcomes for organisations, even under extreme operating conditions, uncertainty, and crisis. Assessment tasks require students to apply international (ISO:31000) and national (AS/NZS:5050) risk standards to real world cases, and develop risk communication strategies that are consistent with current industry and government risk management practices. Students are given the opportunity to gain insight from practitioners through in-class discussions and crisis simulations designed by industry partners.

Faculty
QUT Business School
School/Discipline
Management
Study area
Business
Credit points
12

Dates and locations

Teaching period Dates Locations
Semester 1, 2019 25 February 2019 - 21 June 2019
  • Gardens Point
Semester 2, 2019 22 July 2019 - 15 November 2019
  • Gardens Point

Fees

Commonwealth supported place (CSP) student contribution amount
2019: $1,369
Domestic fee-paying student fee
2019: $2,712
International student fee (excluding study abroad students)
2019: $3,744
Study abroad program
Find out more about costs for study abroad students.

Guide to fees

Commonwealth supported place (CSP) student contribution amount
For Australian citizens, permanent visa holders and permanent humanitarian visa holders, and New Zealand citizens who study this unit:
  • as part of a QUT course and are eligible for a Commonwealth supported place (CSP)
  • as a cross-institutional student who has a Commonwealth supported place at their home university.
Domestic fee-paying student fee
For Australian citizens, permanent visa holders and permanent humanitarian visa holders, and New Zealand citizens, who study this unit:
  • as part of a QUT course and are not eligible for a Commonwealth supported place (CSP)
  • as part of a QUT course during Summer Semester
  • as a cross-institutional student who does not have a Commonwealth supported place at their home university
  • as a single-unit study student.
International student fee
For international students who study this unit:
  • as part of a QUT course
  • as a cross-institutional student.

Previous study requirements

Prerequisites
MGB200 or MGB226

Guide to previous study requirements

Prerequisites
To enrol in this unit, you must have completed these prerequisite units (or have credit, advanced standing or exemption for them), or be able to demonstrate that you have equivalent background knowledge.
Anti-requisites
You can’t enrol in this unit if you have completed any of these anti-requisite units.
Co-requisites
To enrol in this unit, you must have already completed these co-requisite units, or you must enrol in them at the same time.
Equivalents
You can’t enrol in this unit if you have completed any of these equivalent units.
Assumed knowledge
We assume that you have a minimum level of knowledge in certain areas before you start this unit.

Unit outlines