The Australian School of Business has recognised the growing importance of risk management by launching a new masters course discipline.
The school’s Dean, Professor Alec Cameron, said that the Master of Risk Management course has been revised, and will be relaunched in 2013 “in response to industry calls for a postgraduate risk management program for commerce and business graduates with significant industry experience”.
“The program explores the latest thinking in the management of a broad spectrum of risks that confront organisations within the context of the fast changing, increasingly global business environment,” he added.
The relaunch is part of a broader new portfolio that has been devised by the school to better reflect the knowledge and skills needed by graduates to navigate through the complex issues they will face during their career.
“Global financial uncertainty, the increasing pace of change in the global economy and the way digital and social media are eclipsing traditional communications channels requires fresh approaches to ensure graduates are equipped to tackle what lies ahead for them,’ said Cameron.
“ASB’s new programs, which were designed in close consultation with industry, provide a depth and breadth of learning opportunities. Greater flexibility has been introduced into our undergraduate programs, allowing students from a variety of disciplines to mix and match courses to create their own degree. So, for example, a student studying music or dance at UNSW can also enrol in a number of ASB’s business courses.”
He added that a new Bachelor of Actuarial Studies will also launch in 2013. While developing the technical skills actuaries need to “hit the floor running” when they graduate, he said that the course also focuses on building skills actuaries will need at work – for example, sound judgement in a fast paced uncertain environment with inadequate data.
“One of ASB's flagship programs, the Master of Commerce, has been redesigned. The program is designed for two groups of students – those with a business background who want to specialise in areas such as marketing or finance, and those with a non-business background such as a dentist or lawyer who want to learn about business,” added Cameron.
“The revised Master of Commerce will give students the opportunity to work with clients, in real time, to solve current business problems. There is a substantial focus on teamwork, with students able to learn about what drives high performing teams and how their own behaviour and performance impacts their team.
“And finally, industry needs information systems graduates who have broad-based skills as well as technical skills. This is reflected in the revised Master of Information Systems which builds both technical skills and other capabilities such as managing people, systems, and budgets”.