| Course Name | Insurance Management |
| Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
|---|---|---|---|---|---|
| FIN 551 | Fall/Spring | 3 | 0 | 3 | 5 |
| Prerequisites | None | |||||
| Course Language | English | |||||
| Course Type | Elective | |||||
| Course Level | Second Cycle | |||||
| Mode of Delivery | - | |||||
| Teaching Methods and Techniques of the Course | ||||||
| Course Coordinator | ||||||
| Course Lecturer(s) | ||||||
| Assistant(s) | - | |||||
| Course Objectives | This course aims to introduce students to the rationale, principles, process and major tools of insurance and risk management |
| Learning Outcomes | The students who succeeded in this course;
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| Course Description | The course is related to significance of risk and insurance management and structure of insurance organizations. Covered topics include the basic organizational and legal characteristics of insurance industry, concept of risk, risk measurement, how risk management can be applied via insurance industry. |
| Related Sustainable Development Goals | |
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| Core Courses | |
| Major Area Courses | ||
| Supportive Courses | X | |
| Media and Managment Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Required Materials |
| 1 | Basic concepts in risk management and insurance | George E. Rejuda., Risk Management and Insurance, 10th ed., AddisonWesley, 2007. |
| 2 | Basic concepts in risk management and insurance | George E. Rejuda., Risk Management and Insurance, 10th ed., Addison |
| 3 | Legal principles in risk and insurance : General regulations | George E. Rejuda., Risk Management and Insurance, 10th ed., Addison |
| 4 | Legal principles in risk and insurance : General regulations | George E. Rejuda., Risk Management and Insurance, 10th ed., Addison |
| 5 | Risk classes in insurance management : Personal property and liability risks | George E. Rejuda., Risk Management and Insurance, 10th ed., Addison |
| 6 | Risk classes in insurance management : Commercial property and liability risks | George E. Rejuda., Risk Management and Insurance, 10th ed., AddisonWesley, 2007. |
| 7 | MIDTERM | |
| 8 | Financial Evaluation of Insurance Companies : | George E. Rejuda., Risk Management and Insurance, 10th ed., Addison |
| 9 | Financial Evaluation of Insurance Companies : | George E. Rejuda., Risk Management and Insurance, 10th ed., Addison |
| 10 | Risk and Investment Management Tools and Process in Insurance | George E. Rejuda., Risk Management and Insurance, 10th ed., Addison |
| 11 | Risk and Investment Management Tools and Process in Insurance | George E. Rejuda., Risk Management and Insurance, 10th ed., Addison |
| 12 | TERM PROJECT PRESENTATIONS | |
| 13 | TERM PROJECT PRESENTATIONS | |
| 14 | REVIEW | |
| 15 | Review of the Semester | |
| 16 | Review of the Semester |
| Course Notes/Textbooks | Book indicated above, presentation notes, current news |
| Suggested Readings/Materials | Domestic and international news, journals covering insurance topics |
| Semester Activities | Number | Weigthing |
| Participation | 1 | 10 |
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments | 4 | 10 |
| Presentation / Jury | 1 | 10 |
| Project | 1 | 20 |
| Seminar / Workshop | ||
| Oral Exam | ||
| Midterm | 1 | 20 |
| Final Exam | 1 | 30 |
| Total |
| Weighting of Semester Activities on the Final Grade | 70 | |
| Weighting of End-of-Semester Activities on the Final Grade | 30 | |
| Total |
| Semester Activities | Number | Duration (Hours) | Workload |
|---|---|---|---|
| Course Hours (Including exam week: 16 x total hours) | 16 | 3 | 48 |
| Laboratory / Application Hours (Including exam week: 16 x total hours) | 16 | ||
| Study Hours Out of Class | 16 | 2 | 32 |
| Field Work | |||
| Quizzes / Studio Critiques | |||
| Portfolio | |||
| Homework / Assignments | 4 | 4 | |
| Presentation / Jury | 1 | 14 | |
| Project | 1 | 15 | |
| Seminar / Workshop | |||
| Oral Exam | |||
| Midterms | 1 | 10 | |
| Final Exams | 1 | 15 | |
| Total | 150 |
| # | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
| 1 | To be able to contribute to the science by improving the knowledge in the field with a level of sufficient expertise based on the qualifications of the master degree. | X | ||||
| 2 | To be able to identify, analyze and interpret the oriented problems of the financial science and the business world. | X | ||||
| 3 | To be able to develop a unique idea, method or application in the field of finance. | X | ||||
| 4 | To be able to transform knowledge in the field to an academic research by mastering existing theory and research in its field. | X | ||||
| 5 | To be able to gain effective communication skills that enables to express the original research results and opinions in the field of finance at scientific meetings and/or within the expert community. | X | ||||
| 6 | To be able to use the results of scientific studies conducted in the field, in relevant refereed journals while publicising them or presenting them in scientific meetings while disseminating knowledge gained. | X | ||||
| 7 | To be able to analyze and resolve national and international developments and its influences on markets with an interdisciplinary perspective. | X | ||||
| 8 | To be able to conduct independent research. | X | ||||
| 9 | To be able to demonstrate ethical values in the stages of collection, interpretation, dissemination and application of data related to finance field. | X | ||||
| 10 | To be able to prepare an original thesis / term project in accordance with the criteria related to the field of finance. | |||||
| 11 | To be able to use a foreign language to follow information about the field of finance and participate in discussions in academic environments. | |||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
