Course Name | Insurance Management |
Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
---|---|---|---|---|---|
ITF 416 | Fall/Spring | 3 | 0 | 3 | 5 |
Prerequisites | None | |||||
Course Language | English | |||||
Course Type | Elective | |||||
Course Level | First Cycle | |||||
Mode of Delivery | - | |||||
Teaching Methods and Techniques of the Course | ||||||
Course Coordinator | ||||||
Course Lecturer(s) | ||||||
Assistant(s) | - |
Course Objectives | To comprehend the significance of risk and insurance management. Evaluate the risk types in insurance industry. Explain the need for capital and its influence on the organisation.Explain the management structures of insurance organisations. Evaluate the role and impact of insurance regulation. Teach the role of risk and investment management in insurance organisations. |
Learning Outcomes | The students who succeeded in this course;
|
Course Description | This course aims to introduce students to the rationale, principles, process and major tools of insurance and risk management. 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 | |
| Core Courses | |
Major Area Courses | ||
Supportive Courses | X | |
Media and Managment Skills Courses | ||
Transferable Skill Courses |
Week | Subjects | Required Materials |
1 | Basic Principles in Risk and Insurance Management | Rejda, George E., Principles of risk management and insurance, 10th ed., Addison-Wesley |
2 | Basic Principles in Risk and Insurance Management | Rejda, George E., Principles of risk management and insurance, 10th ed., Addison-Wesley |
3 | Legal Principles in Risk and Insurance Management | Rejda, George E., Principles of risk management and insurance, 10th ed., Addison-Wesley |
4 | Legal Principles in Risk and Insurance Management | Rejda, George E., Principles of risk management and insurance, 10th ed., Addison-Wesley |
5 | Risk Concepts in Insurance | Rejda, George E., Principles of risk management and insurance, 10th ed., Addison-Wesley |
6 | Risk Concepts in Insurance | Rejda, George E., Principles of risk management and insurance, 10th ed., Addison-Wesley |
7 | Midterm | |
8 | Financial Evaluation of Insurance Companies | Rejda, George E., Principles of risk management and insurance, 10th ed., Addison-Wesley |
9 | Financial Evaluation of Insurance Companies | Rejda, George E., Principles of risk management and insurance, 10th ed., Addison-Wesley |
10 | Process and Risk and Investment Instruments in Insurance | Rejda, George E., Principles of risk management and insurance, 10th ed., Addison-Wesley |
11 | Process and Risk and Investment Instruments in Insurance | Rejda, George E., Principles of risk management and insurance, 10th ed., Addison-Wesley |
12 | Term Project Presentations | |
13 | Term Project Presentations | |
14 | Semester Review | |
15 | Semester Review | |
16 | Final Exam |
Course Notes/Textbooks | Rejda, George E., Principles of risk management and insurance, 10th ed., Addison-Wesley, ISBN: 978-0-321-46857-4 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 | 8 | 70 |
Weighting of End-of-Semester Activities on the Final Grade | 1 | 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 | 10 | |
Project | 1 | 6 | |
Seminar / Workshop | |||
Oral Exam | |||
Midterms | 1 | 12 | |
Final Exams | 1 | 16 | |
Total | 140 |
# | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
1 | To be able to identify and analyze problems in the field of trade and finance, and to develop solutions. | X | ||||
2 | To be able to use the theoretical and practical knowledge gained in the field of International Trade and Finance. | X | ||||
3 | To be able to analyze the developments in global markets by using critical thinking skills. | X | ||||
4 | To be able to analyze and interpret data in the field of finance, commerce and economics by using information technologies effectively. | X | ||||
5 | To be able to acquire knowledge about the legal regulations and practices in the field. | X | ||||
6 | To be able to foresee and define the risks that could be encountered in the field of trade and finance and to take decisions to manage such risks. | X | ||||
7 | To be able to acquire and use verbal and numerical skills necessary for the nature of the International Trade and Finance program. | X | ||||
8 | To be able to obtain, synthesize and report the information related to the fields of trade and finance. | X | ||||
9 | To be able to contribute to the solution of problems as individual, team member or leader. | |||||
10 | To be able to evaluate the issues related to the field with an ethical perspective and social sensitivity. | X | ||||
11 | To be able to collect data in the areas of International Trade and Finance and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1). | |||||
12 | To be able to speak a second foreign at a medium level of fluency efficiently. | |||||
13 | To be able to relate the knowledge accumulated throughout human history to their field of expertise. |
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest