Master of Regulation and Compliance

Melbourne

 

INTAKE: Jul & Feb

Program Overview

The Master of Regulation and Compliance program provides students with a deep understanding of regulatory frameworks, compliance principles, and the role of effective governance in ensuring ethical business practices. The program focuses on both theoretical concepts and practical applications, enabling students to analyze regulatory issues, develop compliance strategies, and assess risk in different organizational contexts.

Regulatory Frameworks: Students gain a solid understanding of the legal and regulatory frameworks that govern various industries. They study the principles of administrative law, statutory interpretation, and regulatory compliance, examining how regulations are formulated, implemented, and enforced.

Compliance Management: The program explores the fundamentals of compliance management, including the development and implementation of compliance programs, risk assessment, monitoring, and reporting. Students learn how to identify potential compliance issues, design effective control mechanisms, and ensure organizational compliance with applicable regulations.

Risk Assessment and Management: Students develop skills in assessing and managing risks associated with regulatory non-compliance. They learn techniques for risk identification, analysis, and mitigation, and understand the importance of risk management in maintaining organizational integrity and reputation.

Ethics and Corporate Responsibility: The program emphasizes the ethical dimensions of regulation and compliance. Students explore ethical frameworks, corporate social responsibility, and the ethical considerations involved in regulatory decision-making. They learn to integrate ethical practices into compliance strategies and develop a strong sense of corporate ethics.

Compliance in Specific Industries: The curriculum addresses the unique regulatory challenges faced by different industries, such as finance, healthcare, environmental, and technology sectors. Students gain specialized knowledge of industry-specific regulations, compliance requirements, and best practices.

Compliance Auditing and Investigations: The program covers the principles and techniques of compliance auditing and investigations. Students learn how to conduct compliance audits, assess compliance performance, and investigate suspected regulatory breaches. They acquire skills in evidence gathering, interviewing, and report writing.

Global Perspectives on Regulation and Compliance: The program explores international and comparative perspectives on regulation and compliance. Students examine the role of global regulatory bodies, cross-border compliance challenges, and the impact of globalization on regulatory frameworks.

Professional Skills Development: In addition to technical knowledge, the program focuses on developing students' professional skills. These include critical thinking, problem-solving, communication, and teamwork. Students also have opportunities to enhance their leadership and ethical decision-making capabilities.

Pollster Education

Location

Melbourne

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

AUD 50000

Postgraduate Entry Requirements:

Academic Qualifications: To be eligible for postgraduate programs, international students should hold a bachelor's degree or equivalent qualification from a recognized institution. Minimum 65% in your previous academic qualifications.

English Language Proficiency:

  • IELTS: Overall 6.5 or 7.0, depending on the program, with no band less than 6.0.
  • TOEFL: Overall 79, with minimum subsection scores of Listening 12, Reading 13, Writing 21, and Speaking 18.
  • PTE: Overall 58, with a minimum of 50 in each section.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.

Monash University offers a range of scholarships to both domestic and international students to help cover the cost of tuition fees, living expenses, and other study-related costs. These scholarships are awarded based on academic excellence, financial need, leadership potential, and other criteria.

  1. Monash International Merit Scholarship: This scholarship is offered to international students who have demonstrated academic excellence in their previous studies. The scholarship provides up to $10,000 per annum for the duration of the student's course.

  2. Monash Graduate Scholarship: This scholarship is available to high-achieving domestic and international students who are undertaking a graduate research degree at Monash University. The scholarship provides a living allowance of $29,500 per annum, as well as a range of other benefits.

  3. Monash Asylum Seekers Scholarship: This scholarship is designed to provide financial assistance to asylum seekers who are undertaking undergraduate or postgraduate study at Monash University. The scholarship covers the cost of tuition fees, as well as a range of other study-related expenses.

  4. Monash Equity Scholarship: This scholarship is offered to students who have experienced financial hardship or other forms of disadvantage that have impacted their ability to succeed academically. The scholarship provides up to $6,000 per annum to assist with living expenses and other costs.

  5. Monash Indigenous Scholarship: This scholarship is available to Indigenous students who are undertaking undergraduate or postgraduate study at Monash University. The scholarship provides a range of benefits, including financial assistance, mentoring, and academic support.

The Master of Regulation and Compliance program at Monash University, Melbourne prepares graduates for a wide range of career opportunities in the field of regulatory compliance. With a strong focus on developing expertise in regulatory frameworks, compliance management, and risk assessment, graduates of this program are well-equipped to pursue rewarding careers in various sectors.

  1. Regulatory Compliance Manager: Graduates can pursue careers as regulatory compliance managers, where they will be responsible for ensuring that organizations adhere to relevant laws, regulations, and industry standards. They will develop and implement compliance programs, conduct audits, and provide guidance on compliance issues.

  2. Risk and Compliance Officer: Many organizations require professionals who can assess and manage compliance risks. Graduates can work as risk and compliance officers, identifying potential risks, implementing control measures, and monitoring compliance with regulatory requirements. They will help organizations minimize risks and ensure legal and ethical conduct.

  3. Compliance Consultant: With their in-depth knowledge of regulatory frameworks and compliance management, graduates can work as consultants, providing advisory services to organizations across various industries. They may assist clients in developing compliance strategies, conducting risk assessments, and improving overall compliance practices.

  4. Regulatory Analyst: Graduates can pursue careers as regulatory analysts, where they will analyze existing and emerging regulations, assess their impact on organizations, and provide recommendations for compliance. They may work for regulatory agencies, consulting firms, or in-house legal departments.

  5. Compliance Officer: Many organizations employ compliance officers to ensure that their operations align with relevant regulations and policies. Graduates can work as compliance officers, monitoring and enforcing compliance within organizations, conducting internal investigations, and implementing compliance training programs.

  6. Government Regulator: Graduates may find opportunities to work in government regulatory bodies, where they will contribute to the development, implementation, and enforcement of regulations. They may be involved in policy-making, regulatory inspections, and enforcement actions.

  7. Compliance Auditor: Graduates with strong auditing skills can pursue careers as compliance auditors, conducting independent assessments of an organization's compliance with regulations and industry standards. They will evaluate controls, identify gaps, and provide recommendations for improvement.

  8. Corporate Governance Specialist: As experts in compliance and ethics, graduates can work as corporate governance specialists, helping organizations establish effective governance structures and practices. They will ensure compliance with corporate governance principles and promote ethical behavior within organizations.

  9. Legal and Regulatory Researcher: Graduates can pursue research-oriented roles, conducting legal and regulatory research, analyzing trends, and providing insights on regulatory developments. They may work in academia, think tanks, or research institutions.

  10. Compliance Trainer/Educator: Graduates can leverage their knowledge and expertise to train and educate professionals on compliance practices. They may work in training departments or as independent trainers, delivering workshops and courses on regulatory compliance.


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