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LAWS77-589: Strategy, Risk and Compliance: A Legal Framework

Description

Strategy, Risk and Compliance: A Legal Framework is a compulsory subject in the Master of Laws in Enterprise Governance offered by the Faculty of Law. The subject examines the regulatory and operational frameworks associated with strategy, risk and compliance; how Boards understand, influence and monitor these frameworks; and popular strategic development and implementation models. Students will learn how to evaluate a Risk Management system and review Risk Appetite Statements; learn about assurance mapping, risk framework rollout and risk mitigation strategies; and become familiar with the three lines of defence.  They will learn about Compliance Management Systems; how compliance and performance are different; and how Boards monitor compliance while influencing performance. 

Subject details

Type: Postgraduate Subject
Code: LAWS77-589
EFTSL: 0.125
Faculty: Faculty of Law
Semesters offered:
  • May 2024 [Standard Offering]
Credit: 10
Study areas:
  • Law
Subject fees:
  • Commencing in 2023: $5,450.00
  • Commencing in 2024: $5,560.00
  • Commencing in 2025: $5,680.00
  • Commencing in 2023: $5,860.00
  • Commencing in 2024: $6,220.00
  • Commencing in 2025: $6,500.00

Learning outcomes

  1. Critically analyse and evaluate strategy frameworks within the context of governance regulatory frameworks and demonstrate the ability to effectively apply them to complex organisational challenges.
  2. Evaluate and assess risk frameworks in accordance with risk-mitigation strategies and regulatory requirements and demonstrate the ability to effectively apply them to mitigate risks.
  3. Evaluate, interpret, and apply compliance frameworks to ensure compliance with legal and regulatory standards, and demonstrate the capacity to implement effective compliance strategies that also influence performance.

Enrolment requirements

Requisites:

Nil

Assumed knowledge:

Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.

Restrictions: This subject is not available to
  • Study Abroad Students
  • This subject is not available to students on US Financial Aid.
  • Students on a Student Visa may be restricted from enrolment due to the mode of delivery in the chosen semester. Check the subject outline for further details.

This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.

Subject dates

  • Standard Offering
    Enrolment opens: 17/03/2024
    Semester start: 13/05/2024
    Subject start: 13/05/2024
    Cancellation 1: 26/05/2024
    Cancellation 2: 29/05/2024
    Last enrolment: 24/05/2024
    Withdraw - Financial: 07/06/2024
    Withdraw - Academic: 23/06/2024
    Teaching census: 06/06/2024
Standard Offering
Enrolment opens: 17/03/2024
Semester start: 13/05/2024
Subject start: 13/05/2024
Cancellation 1: 26/05/2024
Cancellation 2: 29/05/2024
Last enrolment: 24/05/2024
Withdraw - Financial: 07/06/2024
Withdraw - Academic: 23/06/2024
Teaching census: 06/06/2024