Course description
Fees and charges
Fee paying place - International (IFP)
A Fee paying place is one for which the university does not receive any government funding. As such, students enrolled in these places are required to contribute the full cost of their course.
Fees for international students apply to persons living in Australia with Temporary Resident status, provided that there is no limitation on study and persons living abroad who are not Australian citizens and do not have Permanent Resident status in Australia.
Equivalent Full Time Student Load (EFTSL)
EFTSL is the standard annual full time load. Eight credit points is the standard full time load for one year of study. If you are studying a graduate certificate of 4 credit points, your total course EFTSL is 0.5.
* The 'indicative annual course fee' cited has been provided as a guide only. It has been calculated on the basis of a typical enrolment of a student undertaking the course in 2009, and reflects the cost involved in undertaking a full-time quota of units within the specified discipline.
The actual fees charged by Deakin University will depend upon the discipline from which each individual unit is chosen, and may vary from the indicative course fee cited, particularly if units are chosen from a number of disciplines. The cost of each unit offered in 2009 can be viewed at http://www.deakin.edu.au/current-students/handbooks2009/search.php.
Please note that the fees per unit/credit point may increase annually due to rises in the cost of course delivery and service.
Deakin assumes no responsibility for persons relying on 'indicative course fees' to calculate the total future cost of their course.
Career opportunities
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 insureds 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 companies 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.
Course rules
The Graduate Certificate of Insurance and Risk Management comprises two core 1 credit-point units and two elective 1 credit-point units. The course can be completed in two trimesters of part-time study.
Students successfully completing this course can articulate into the Master of Insurance and Risk Management but will not be granted advanced standing for units completed.
Course structure
Students must complete the following core units:
MAS701 Principles of Risk and Insurance
MAS702 Risk Management
Plus 2 credit points of units selected from:
MAF754 Enterprise Risk Management
MAS703 Reinsurance
MAS704 Property Insurance
MAS705 Liability Insurance
MAS706 Theory of General Insurance
MAS710 Insurance and Risk Management Practicum
or any other postgraduate units offered by the Faculty of Business and Law subject to the approval of the Course Team Chair.
Admission requirements - general
Deakin University offers admission to postgraduate courses through a number of Admission categories.
In all categories of admission, selection is based primarily on academic merit as indicated by an applicants previous academic record. The minimum requirements are successful completion of a three-year undergraduate degree, or equivalent, from an approved university or other educational institution or successful completion of other equivalent qualifications gained by examination, or approved professional or industrial experience. International students must also meet the English language requirements.
Advanced standing - general
If you have completed previous studies which you believe may reduce the number of units you have to complete at Deakin, indicate in the appropriate section on your application that you wish to be considered for advanced standing. You will need to provide your previous course details so your credit can be determined. If you are eligible, your offer letter will then contain information about your advanced standing.
Your advanced standing is formally approved prior to your enrolment at Deakin during the Enrolment and Orientation Program. You must bring original documents relating to your previous study so that this approval can occur.
You can also refer to the Advanced Standing System which outlines the credit that may be granted towards a Deakin University degree.
How to apply
* Applicant Portal: Use our online application system to submit and track your application now.
* Apply through a Deakin International office: Fill out an application form and submit it to a Deakin International office.
* Apply through a Deakin representative: Take your application form to your preferred agent for assistance.
Tracking your application:
If you have already applied and wish to enquire about your application please refer to the relevant area through which you originally applied.
* If you applied online, log back into the Applicant Portal using your username and password.
* If you applied through a Deakin representative please contact your representative.
* If you applied through a Deakin International office please contact that office.
