| 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 | - | |||||
| National Occupation Classification | - | |||||
| 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 Management Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Related Preparation |
| 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 Exams | ||
| 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 |
|---|---|---|---|
| Theoretical Course Hours (Including exam week: 16 x total hours) |
16
|
3
|
48
|
| Laboratory / Application Hours (Including exam week: '.16.' x total hours) |
16
|
0
|
|
| Study Hours Out of Class |
16
|
2
|
32
|
| Field Work |
0
|
||
| Quizzes / Studio Critiques |
0
|
||
| Portfolio |
0
|
||
| Homework / Assignments |
4
|
4
|
16
|
| Presentation / Jury |
1
|
10
|
10
|
| Project |
1
|
6
|
6
|
| Seminar / Workshop |
0
|
||
| Oral Exam |
0
|
||
| Midterms |
1
|
12
|
12
|
| Final Exam |
1
|
16
|
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. |
-
|
-
|
-
|
-
|
-
|
|
| 2 |
To be able to apply theoretical and practical knowledge of international trade and finance to real-world professional contexts. |
-
|
-
|
X
|
-
|
-
|
|
| 3 |
To be able to critically analyze global market developments and evaluate their implications for business and policy. |
-
|
-
|
-
|
-
|
-
|
|
| 4 |
To be able to collect, analyze, and interpret financial and economic data by using digital and information technologies effectively. |
-
|
-
|
-
|
-
|
-
|
|
| 5 |
To be able to understand and interpret legal frameworks, regulations and practices relevant to international trade and finance. |
-
|
X
|
-
|
-
|
-
|
|
| 6 |
To be able to anticipate, define, and manage financial and trade-related risks through informed decision-making. |
-
|
-
|
-
|
X
|
-
|
|
| 7 |
To be able to acquire and use verbal, written, and numerical skills effectively for the nature of international trade and finance program. |
-
|
-
|
-
|
-
|
-
|
|
| 8 |
To be able to obtain, synthesize, and report trade- and finance-related information clearly and effectively. |
-
|
-
|
-
|
-
|
-
|
|
| 9 |
To be able to contribute effectively as individuals, team members, and leaders in multidisciplinary environments. |
-
|
-
|
-
|
-
|
-
|
|
| 10 |
To be able to evaluate trade and finance issues from ethical, social, and sustainability perspectives. |
-
|
-
|
-
|
-
|
-
|
|
| 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
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