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The Master of Risk Management (MRM) is an integrated program providing up-to-date knowledge and skills in the management of a broad spectrum of risks that organisations are confronted with in the context of the fast changing, increasingly global business environment. The program helps students develop a broad perspective on risks and their management. It aims to extend students’ knowledge on the use of risk analysis and decision tools and their applications in practice across a range of fields. Learning about risks, pointing to limitations of current risk models and challenging students to think of novel approaches to manage risks in complex systems are key aspects of the degree.

The program has three areas of specialisation Quantitative Financial Risk, Business Operations, and Policy and Compliance, reflecting the different skill sets and background of graduates who wish to follow a career path as a risk professional.

Who is this program for?
The Master of Risk Management prepares graduates, early and mid-career business and non-business professionals for the emerging role of Risk Manager in a broad spectrum of organizations.

The Master of Risk Management consists of eight courses (4 required courses + 4 elective courses from 3 specialisations).
The three specialisations within the program are:

Students gain a broad understanding of risk management through the four core courses, which cover fundamentals of risk principles and risk management frameworks, as well as risk identification, analysis and decision tools in a range of applications. A unique characteristic of these courses is their integration in an organisational context.

PLUS four elective* courses from the relevant specialisations list (24 UOC)
*Electives can also be selected from other specialisations with the approval of the Program Director.

Please refer to Program Structure for the Academic requirements relating to this program.
Transfer of credit will only be considered for students with prior incomplete postgraduate studies.

For information regarding fees for UNSW programs, please refer to the following website:  https://my.unsw.edu.au/student/fees/FeesMainPage.html

Please note that these requirements may be subject to change.
Students are advised to follow requirements according to the year they commenced. Please refer to previous editions of the Online Handbook for your program requirements.

Contact the Australian School of Business Student Centre for advice.
tel: + 61 2 9385 3189
location: Ground Floor, West Wing, Australian School of Business Building
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