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Risk Management
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Description

Risk management is a process of identifying, assessing and prioritising of risks, followed by a well-coordinated and economical application of resources to minimise and control the probability and impact of unfortunate events while maximising the realisation of opportunities. Risks can come from various uncertainties in the forms of financial markets, project failures, legal liabilities, credit risk, accidents, natural causes and disasters. Risk management looks at strategies to avoid or reduce the negative effects of the risk and accepts some or all of the consequences of it.

Studying Risk Management at UNSW

The study of Risk Management at UNSW is available through the Master of Risk Management.

Note:
To see Risk Management programs and/or plans within the disciple of Safety Science, please go to Safety Science specialisation page.



Risk Management can be studied as 

Specialisation At the Level of Plan
Business Operations Specialisation RISKAS8418
Policy and Compliance Specialisation RISKBS8418
Quantitative Risk Specialisation RISKCS8418
   

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© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.