Understand what is risk management, steps in enterprise risk management, how to measure risk, able to read and understannd the financials of insurance companies, and apply ratio analysis. Additionally the types of insurance contracts and their features.
Prerequisite(s)
Course Code Course Name…
Corequisite(s)
Course Code Course Name…
Special Requisite(s)
-
Instructor(s)
Lecturer Dr. Oğuz Koban
Course Assistant(s)
Namika Elif Küçük
Schedule
DERS 2022-2023 DÖNEMİNDE AÇILMAMIŞTIR.
Office Hour(s)
To be requested by the students via e-mail
Teaching Methods and Techniques
The lecturer explains the lesson from the lecture notes and the book and gives examples from business life. The course book is recommended by the lecturer. Students take their lecture notes and ask their questions. Questions asked at the end of the lectures are answered at the beginning of the following lecture.
Principle Sources
-Principles of Risk Management and Insurance, Thirteenth Edition, Pearson. George E. Rejda, Michael J. McNamara.
Other Sources
-
Course Schedules
Week
Contents
Learning Methods
1. Week
Introduction to risk and uncertainty
Presentations, Q&A, cases
2. Week
Risk and its treatment
Presentations, Q&A, cases
3. Week
Charecteristics of insurance and introduction to risk management
Presentations, Q&A, cases
4. Week
Risk management and entreprise risk management (ERM)
Presentations, Q&A, cases
5. Week
Quiz 1 and Insurance company operations
Presentations, Q&A, cases
6. Week
Insurance company operations continued
Presentations, Q&A, cases
7. Week
Mid-term exam
Exam
8. Week
Financial operations of insurers
Presentations, Q&A, cases
9. Week
Fundamental legal principles of an insurance contract
Presentations, Q&A, cases
10. Week
Quiz 2 and Analysis of insurance contracts
Presentations, Q&A, cases
11. Week
Analysis of insurance contracts continued
Presentations, Q&A, cases
12. Week
Quiz 3 and review
Presentations, Q&A, cases
13. Week
Life insurance
Presentations, Q&A, cases
14. Week
The liability risk
Presentations, Q&A, cases
15. Week
Quiz 4, Commercial property insurance
Presentations, Q&A, cases
16. Week
Commercial liability insurance
Presentations, Q&A, cases
17. Week
Final exam
Exam
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
20
Quizzes
4
30
Final Exam
1
50
Program Outcomes
PO-1
Comprehends both theoretical and applied subjects in international trade at the advanced level, and uses his/her knowledge when necessary.
PO-2
Analyses basic concepts and data related to International Trade and Economics by scientific methods, interprets those with analytically, and evaluates those with regard to economic issues.
PO-3
Express his/her thoughts, comments and evaluations related to International Trade discipline both in written and oral forms.
PO-4
Defines current problems, and proposes solutions which are supported by evidence and research based quantitative and qualitative data.
PO-5
Inspects how public and private sector enterprises engaged in trade activities operates in practice, and evaluates the continuities and the dynamism in these sectors.
PO-6
Defines and tracks local, regional (such as European Union or Middle East) and global issues from the point of political economics, and relates these issues to each other.
PO-7
Possesses sufficient knowledge in other disciplines related to International Trade (such as Economics, Finance, International Business and Law), and reports this information.
PO-8
Follows publications and research in International Trade, Globalisation and Financial Systems in the English language, and communicates with his/her colleagues internationally.
PO-9
Uses a second language (Russian, Chinese, etc.) at the intermediate level.
PO-10
Possesses ethical principles and scientific values in collection, interpretation and release of data.
Learning Outcomes
LO-1
Risk and uncertainty concepts and how to measure risk
LO-2
Risk management and enterprise risk management concepts and application steps
LO-3
Understand the insurance company operationsand their financial statements
