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INSURANCE AND RISK MANAGEMENT PROGRAMME COURSE DESCRIPTION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
BAY420 INSURANCE AND RISK MANAGEMENT 5 3 3 5

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 : Elective
Mode of Delivery of the Course Unit Face to face
Coordinator of the Course Unit Prof.Dr. OSMAN ERGÜVEN VATANDAŞ
Instructor(s) of the Course Unit

OBJECTIVES AND CONTENTS

Objectives of the Course Unit: Objective of the course is to help students gain the knowledge and skills to identify the risks to which human life and economic assets about the insurances to be made to eliminate the damages caused by these risks
Contents of the Course Unit: Contents of the course include; Risk Identification, Risk Management, Insurance and Insurance Funds, Function of Insurance and Basic Concepts, Insurance Contract, Pricing in Insurance Companies, Insurance Claim Management, Reassurance, Insurance Branches

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Explain the concept of risk
Differentiate the the difference between the concept of insurance as a precaution against risk
Estimate the compensation to be paid in return for the damage to occur
Classify different risk concepts for insurance branches

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY

Week Preparatory Topics(Subjects) Method
1 Preparation from the sources recommended Definition of risk concept Narration and Discussion method
2 Preparation from the sources recommended Risk Management principles Narration and Discussion method
3 Preparation from the sources recommended Fundamentals of Insurance Narration and Discussion method
4 Preparation from the sources recommended Fundamentals of Insurance Narration and Discussion method
5 Preparation from the sources recommended Function of Insurance and basic concepts Narration and Discussion method
6 Preparation from the sources recommended Development of Insurance in World Narration and Discussion method
7 Preparation from the sources recommended Development of Insurance in Turkey Narration and Discussion method
8 - MID-TERM EXAM -
9 Preparation from the sources recommended Types of Insurance - Goods Insurances Narration and Discussion method
10 Preparation from the sources recommended Types of Insurance - Goods Insurances Narration and Discussion method
11 Preparation from the sources recommended Types of Insurance - Life Insurances Narration and Discussion method
12 Preparation from the sources recommended Types of Insurance - Liability Insurances Narration and Discussion method
13 Preparation from the sources recommended Types of Insurance - Automobile Insurance and Traffic Insurances Narration and Discussion method
14 Preparation from the sources recommended Types of Insurance - Health Insurances Narration and Discussion method
15 Preparation from the sources recommended Individual Retirement System concept Narration and Discussion method
16 - FINAL EXAM -
17 - FINAL EXAM -

SOURCE MATERIALS & RECOMMENDED READING

Çipil, M. (2013). Risk Yönetimi ve Sigortacılık. Ankara: Nobel Akademik Yayıncılık
Özbolat, M. (2011). Temel Sigortacılık. İstanbul:Seçkin Yayıncılık
Kırkbeşoğlu, E. (2014). Risk Yönetimi ve Sigortacılık. Ankara: Gazi Kitabevi
Rejda, E. G., McNamara, M., Principles of Risk Management and Insurance, London:Pearson Education Limited

ASSESSMENT

Assessment & Grading of In-Term Activities Number of Activities Degree of Contribution (%) Description
Mid-Term Exam 1 50
Final Exam 1 50
TOTAL 2 100
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
Explain the historical development process of Aviation Management.
0
2
Use computer programs related to Aviation Transportation.
0
3
Define basic concepts related with aviation management.
1

KNOWLEDGE

Factual

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Relate the information and facts in the field with other social sciences such as law, sociology, philosophy and history.
1
2
Classify the relationship between the basic functions of the business and the interactions between these functions.
0
3
Apply knowledge and skills related to his / her field by considering the legal aspect of occupational health and safety.
0
4
Explain the concepts of entrepreneurship and innovation with the field.
0

SKILLS

Cognitive

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Manage operational activities related to the airline.
1
2
Gain lifelong learning skills and use knowledge of the field in the business life with the awareness of social responsibility.
2

SKILLS

Practical

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Prepare written agreements with relevant institutions in accordance with the legislation.
2
2
Perform the theoretical and practical knowledge related to the field with appropriate analytical methods and modeling techniques in business life.
1
3
Manage all phases from planning to implementation of aviation operations as a member of a team.
2
4
Cooperate with stakeholders related to air transport.
1
5
Develop the modern techniques and tools necessary for applications related to the field.
2

OCCUPATIONAL

Autonomy & Responsibility

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Execute a study in his/her field independently.
3
2
Decide as an individual or a team member to solve the problems encountered in applications related to the field.
3

OCCUPATIONAL

Learning to Learn

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Evaluate advanced knowledge and skills in his/her field with a critical approach.
2
2
Apply activities to improve his/her performance and his / her responsibility in line with the learning objectives by determining the learning needs.
3

OCCUPATIONAL

Communication & Social

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Communicate with people and institutions related to the field in writing and verbally.
3
2
Explain his/her thoughts on the issues related to the field and suggestions for solutions to the problems by the related departments by using supporting quantitative and qualitative data.
4
3
Organize projects and activities for the social environment with social responsibility consciousness and to be able to apply those.
3

OCCUPATIONAL

Occupational and/or Vocational

Programme Learning Outcomes Level of Contribution
0 1 2 3 4 5
1
Manage airports and terminal operations efficiently using aviation and business information.
1

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 2 28
Land Surveying 0 0 0
Group Work 2 2 4
Laboratory 0 0 0
Reading 5 3 15
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 12 2 24
Mid-Term Exam 1 1 1
Preparation for the Mid-Term Exam 12 1 12
Short Exam 0 0 0
Preparation for the Short Exam 0 0 0
TOTAL 61 0 127
Total Workload of the Course Unit 127
Workload (h) / 25.5 5
ECTS Credits allocated for the Course Unit 5,0