Code |
Name of the Course Unit |
Semester |
In-Class Hours (T+P) |
Credit |
ECTS Credit |
BAY108 |
INTRODUCTION TO INSURANCE |
2 |
3 |
3 |
7 |
GENERAL INFORMATION |
Language of Instruction : |
Turkish |
Level of the Course Unit : |
BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle |
Type of the Course : |
Compulsory |
Mode of Delivery of the Course Unit |
- |
Coordinator of the Course Unit |
Assoc.Prof. HAKAN ÖZCAN |
Instructor(s) of the Course Unit |
|
Course Prerequisite |
No |
OBJECTIVES AND CONTENTS |
Objectives of the Course Unit: |
This course aims to introduce knowledge and concepts about risk and insurance business and provide the basic knowledge and skills about insurance |
Contents of the Course Unit: |
Contents of the course include the subjects as in describing risk and insurance, Risk management and insurance, History of private insurance applications in the World and in Turkey, Fundamental principles of insurance and basic insurance knowledge, Types of insurance, The documents used in insurance, Administration and organization structures of insurance companies, Production resources, intermediaries, institutions in the System and Reassurance. |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
Explain the definition and components of insurance |
Distinguish the importance and contribution of insurance in economic and social life |
Define insurance certificates |
Classify the types of insurance |
Explain the functioning of the institutions in the insurance sector |
WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY |
Week |
Preparatory |
Topics(Subjects) |
Method |
1 |
- |
Description of Risk and Insurance |
Lecture & Discussion |
2 |
Reading the related subject in the coursebook |
Risk Management and Insurance |
Lecture & Discussion |
3 |
Reading the related subject in the coursebook |
History of Private Insurance Applications in the World and in Turkey |
Lecture & Discussion |
4 |
Reading the related subject in the coursebook |
Fundamental Principles of Insurance |
Lecture & Discussion |
5 |
Reading the related subject in the coursebook |
Fundamental Principles of Insurance |
Lecture & Discussion |
6 |
Reading the related subject in the coursebook |
Basic Insurance Knowledge |
Lecture & Discussion |
7 |
Reading the related subject in the coursebook |
Basic Insurance Knowledge |
Lecture & Discussion |
8 |
- |
MID-TERM EXAM |
- |
9 |
Reading the related subject in the coursebook |
Review of Lecture |
Lecture & Discussion |
10 |
Reading the related subject in the coursebook |
Types of Insurance |
Lecture & Discussion |
11 |
Reading the related subject in the coursebook |
Documents Used in Insurance |
Lecture & Discussion |
12 |
Reading the related subject in the coursebook |
Administration and Organization Structures of Insurance Companies |
Lecture & Discussion |
13 |
Reading the related subject in the coursebook |
Production resources, intermediaries |
Lecture & Discussion |
14 |
Reading the related subject in the coursebook |
Institutions in the System |
Lecture & Discussion |
15 |
Reading the related subject in the coursebook |
Reassurance |
Lecture & Discussion |
16 |
- |
FINAL EXAM |
- |
17 |
- |
FINAL EXAM |
- |
SOURCE MATERIALS & RECOMMENDED READING |
Yaslidag, B. (2012). Sigortacilik. Ankara: Seçkin Yayıncılık |
Guvel, A. Enver. (2012). Sigortacilik. Ankara: Seckin Yayıncılık |
Ozbolat, M. (2011). Temel Sigortacilik. Istanbul: Seckin Yayıncılık |
Rejda, G. (2017). Principles of Risk Management and Insurance, Pearson Education |
ASSESSMENT |
Assessment & Grading of In-Term Activities |
Number of Activities |
Degree of Contribution (%) |
Description |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
CONTRIBUTION OF THE COURSE UNIT TO THE PROGRAMME LEARNING OUTCOMES
KNOWLEDGE |
Theoretical |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Define basic concepts related with banking, insurance and finance
|
|
|
|
|
|
5 |
2 |
Relates the theoretical and practical knowledge in the field to economics, business, law, statistics, accounting and marketing
|
|
|
|
|
4 |
|
KNOWLEDGE |
Factual |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Relate banking and insurance applications to financial theories, mathematical and statistical methods.
|
|
|
|
3 |
|
|
2 |
Relate the information and facts in the field with other social sciences such as law, sociology, philosophy and history.
|
|
|
|
|
4 |
|
SKILLS |
Cognitive |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Explain the planning and implementation process in banking and insurance transactions.
|
|
|
|
|
4 |
|
2 |
Provide solutions for the problems encountered in banking and insurance transactions.
|
|
|
|
|
|
5 |
SKILLS |
Practical |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Use theoretical and practical knowledge in the field of banking and insurance transactions.
|
|
|
|
|
4 |
|
2 |
By analyzing economic data accurately, manage savings and portfolio investments to minimize financial risks.
|
|
|
|
|
|
5 |
OCCUPATIONAL |
Autonomy & Responsibility |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
He/She works as a leader or a team member in a teamwork from the planning of the banking transactions to the implementation and performs the task assigned to them within the team.
|
|
|
|
3 |
|
|
OCCUPATIONAL |
Learning to Learn |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Gain the basic knowledge necessary for the planning process of banking and insurance activities and human resources performance management.
|
|
|
|
|
4 |
|
2 |
Use the computer programs related with field in banking and insurance transactions.
|
|
|
|
|
|
5 |
OCCUPATIONAL |
Communication & Social |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Cooperate to bring innovative ideas to the stakeholders in the sector using banking insurance-related databases, information and communication technologies.
|
|
|
|
|
4 |
|
2 |
Research on scientific, sectoral developments and innovations related to the field with lifelong learning as a principle.
|
|
|
|
|
|
5 |
OCCUPATIONAL |
Occupational and/or Vocational |
|
Programme Learning Outcomes |
Level of Contribution |
0 |
1 |
2 |
3 |
4 |
5 |
1 |
Analyze financial data related to his / her field.
|
|
|
2 |
|
|
|
2 |
Apply knowledge and skills related to his / her field by taking into account his legal, social and ethical responsibilities.
|
|
|
|
|
|
5 |
WORKLOAD & ECTS CREDITS OF THE COURSE UNIT |
Workload for Learning & Teaching Activities |
Type of the Learning Activites |
Learning Activities (# of week) |
Duration (hours, h) |
Workload (h) |
Lecture & In-Class Activities |
14 |
3 |
42 |
Preliminary & Further Study |
14 |
3 |
42 |
Land Surveying |
0 |
0 |
0 |
Group Work |
5 |
4 |
20 |
Laboratory |
0 |
0 |
0 |
Reading |
10 |
2 |
20 |
Assignment (Homework) |
0 |
0 |
0 |
Project Work |
0 |
0 |
0 |
Seminar |
0 |
0 |
0 |
Internship |
0 |
0 |
0 |
Technical Visit |
0 |
0 |
0 |
Web Based Learning |
0 |
0 |
0 |
Implementation/Application/Practice |
0 |
0 |
0 |
Practice at a workplace |
0 |
0 |
0 |
Occupational Activity |
0 |
0 |
0 |
Social Activity |
0 |
0 |
0 |
Thesis Work |
0 |
0 |
0 |
Field Study |
0 |
0 |
0 |
Report Writing |
0 |
0 |
0 |
Final Exam |
1 |
1 |
1 |
Preparation for the Final Exam |
8 |
3 |
24 |
Mid-Term Exam |
1 |
1 |
1 |
Preparation for the Mid-Term Exam |
8 |
3 |
24 |
Short Exam |
0 |
0 |
0 |
Preparation for the Short Exam |
0 |
0 |
0 |
TOTAL |
61 |
0 |
174 |
|
Total Workload of the Course Unit |
174 |
|
|
Workload (h) / 25.5 |
6,8 |
|
|
ECTS Credits allocated for the Course Unit |
7,0 |
|