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Unit of study_

IBUS2103: International Risk Management

Semester 1, 2023 [Normal day] - Camperdown/Darlington, Sydney

This unit introduces students to the nature of risk management, particularly the identification and analysis of risk and the consequences for international business actors. Emphasis is placed on surveying some of the environments that can potentially generate risk for global companies, identifying how these risks can impact various aspects of market composition and market participation, and analyzing the impacts of these risks on profitability and firm viability. The business environments surveyed include the international financial system, government and regulation of business activity, compliance risk, corporate social responsibility and activism, as well as issues associated with country and political risk.

Unit details and rules

Unit code IBUS2103
Academic unit International Business
Credit points 6
Prohibitions
? 
IBUS3102
Prerequisites
? 
IBUS1102 or IBUS2102
Corequisites
? 
None
Assumed knowledge
? 

None

Available to study abroad and exchange students

Yes

Teaching staff

Coordinator Zeerim Cheung, zeerim.cheung@sydney.edu.au
Type Description Weight Due Length
Supervised exam
? 
Final exam
Onshore students: pen and paper exam Offshore students: Live+
35% Formal exam period 2 hours
Outcomes assessed: LO1 LO2 LO3
Presentation group assignment Risk management analysis
Oral presentation and word summary
30% Week 12
Due date: 19 May 2023 at 23:59
10 minutes and 2500 words
Outcomes assessed: LO1 LO2 LO3
Online task Weekly online quiz
10 MCQ
35% Weekly 15 minutes
Outcomes assessed: LO1 LO2 LO3
group assignment = group assignment ?

Assessment summary

 

  • Weekly Online Quiz: There will be a weekly multiple choice online quiz (weeks 2–11). Each quiz will cover the previous week's content and consist of 10 multiple choice questions. 
  • Risk management analysis: In teams of 5 members, you will be tasked to assess a company’s current and future risks and recommend a risk management system. You will be expected to draw on relevant theories, concepts, and frameworks taken up in class.
  • Final exam: The final exam will be a supervised exam. The final exam is designed to test your knowledge of the topics covered in the whole semester. You will also be tested on your ability to critically apply the knowledge you have gained to analyse short cases.

Detailed information for each assessment can be found on Canvas.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name

Mark range

Description

High distinction

85 - 100

Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Distinction

75 - 84

Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Credit

65 - 74

Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Pass

50 - 64

Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Fail

0 - 49

When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see sydney.edu.au/students/guide-to-grades.

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

This unit has an exception to the standard University policy or supplementary information has been provided by the unit coordinator. This information is displayed below:

The Assessment Procedures 2011 provide that any written work submitted after 11:59pm on the due date will be penalized by 5% of the maximum awardable mark for each calendar day after the due date. If the assessment is submitted more than ten calendar days late, a mark of zero will be awarded. However, a unit of study may prohibit late submission or exclude late penalties only if expressly stated below.

Academic integrity

The Current Student website  provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.  

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

You may only use artificial intelligence and writing assistance tools in assessment tasks if you are permitted to by your unit coordinator, and if you do use them, you must also acknowledge this in your work, either in a footnote or an acknowledgement section.

Studiosity is permitted for postgraduate units unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

WK Topic Learning activity Learning outcomes
Week 01 Introduction to risk management Lecture (1.5 hr) LO1
Week 02 Business vulnerability and resilience Lecture and tutorial (3 hr) LO1
Week 03 Political and regulatory risks Lecture and tutorial (3 hr) LO1 LO2
Week 04 Economic risks Lecture and tutorial (3 hr) LO1 LO2
Week 05 Financial risks Lecture and tutorial (3 hr) LO1 LO2
Week 06 Social and cultural risks Lecture and tutorial (3 hr) LO1 LO2
Week 07 Environmental risks Lecture and tutorial (3 hr) LO1 LO2
Week 08 Technological risks Lecture and tutorial (3 hr) LO1 LO2
Week 09 Disruption risks Lecture and tutorial (3 hr) LO1 LO2
Week 10 Supply chain and operational risks Lecture and tutorial (3 hr) LO1 LO2
Week 11 Risk communication and reporting Lecture and tutorial (3 hr) LO2 LO3
Week 12 Risk management systems Lecture and tutorial (3 hr) LO2 LO3
Week 13 Integrated Risk Management Lecture and tutorial (3 hr) LO1 LO2 LO3

Attendance and class requirements

Lecture recordings: All lectures are recorded and will be available on Canvas for student use. Please note the Business School does not own the system and cannot guarantee that the system will operate or that every class will be recorded. Students should ensure they attend and participate in all classes.

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

All readings for this unit can be accessed through the Library’s reading list system Leganto, available on Canvas.

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. assess critically the strengths and vulnerabilities of a business
  • LO2. identify and describe the unique types of present and future risk that a business may face within the international business context
  • LO3. propose integrated approaches to managing international risk.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
GQ1 GQ2 GQ3 GQ4 GQ5 GQ6 GQ7 GQ8 GQ9

This section outlines changes made to this unit following staff and student reviews.

Minor reordering and adjustments to the weekly lecture topics. The final exam type changed from a 3-hour take-home exam to a 2-hour supervised exam.

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.