To provide the infrastructure for solving problems in the field of insurance, finance and actuaries.
Prerequisite(s)
None
Corequisite(s)
None
Special Requisite(s)
The minimum qualifications that are expected from the students who want to attend the course.(Examples: Foreign language level, attendance, known theoretical pre-qualifications, etc.)
-Prof.Dr. Fikri Akdeniz, Yard.Doç.Dr. Funda Erdugan, Aktüerya Matematiği ve Yaşam Analizi, Akademisyen Kitabevi, 2014.
Other Sources
* Paul, Richard S, Shaevel, M.Leonard. Essentials of Technical Mathematics.
* Bernhardt, Grossnickle, Reckzeh.Discovering Structure In Algebra.
* Hockett Sternstein, Applied Calculus, Second Edition.
*Prof.Dr.İbrahim Doğan, Prof.Dr.Necdet Tekin, İktisatçılar ve İşletmeciler için Genel Matematik,
* DICKSON, D., HARDY, M., WATERS, H., Actuarial Mathematics for Life Contingent Risks, Cambridge University Press, 2009.
* PROMISLOW, D. Fundamentals of Actuarial Mathematics, John Wiley&Sons, 2011.
* Dr.Ayşegül Bölükbaşı, Dr.İlyas Akhisar, Sigorta Matematiğine Giriş, Türkmen Kitabevi.
Course Schedules
Week
Contents
Learning Methods
1. Week
Life time
Resitation and Oral Presentation
2. Week
Actuarial Functions of Death Rate
Resitation and Oral Presentation
3. Week
Living table
Resitation and Oral Presentation
4. Week
Laws of Death
Resitation and Oral Presentation
5. Week
Death rate and Life Tables Applications
Resitation and Oral Presentation
6. Week
Limited Lifetime Insurance
Resitation and Oral Presentation
7. Week
Lifelong Insurance
Resitation and Oral Presentation
8. Week
Midterm
Midterm
9. Week
Deferred Life Insurance, Limited Mixed Life Insurance
Resitation and Oral Presentation
10. Week
Changed Compensation Life Insurance, Life Insurance with Indemnity Payment
Resitation and Oral Presentation
11. Week
Modified Life Insurance with Compensation Payment at the Time of Death, Relations Between Life Ranses and Life Insurances
Resitation and Oral Presentation
12. Week
Relationship Between Continuous Life Ranses and Continuous Life Insurances
Resitation and Oral Presentation
13. Week
Introduction to premiums, Net premiums
Resitation and Oral Presentation
14. Week
Gross Premium
Resitation and Oral Presentation
15. Week
16. Week
17. Week
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
50
Final Exam
1
50
Program Outcomes
PO-1
Interpreting advanced theoretical and applied knowledge in Mathematics and Computer Science.
PO-2
Critiquing and evaluating data by implementing the acquired knowledge and skills in Mathematics and Computer Science.
PO-3
Recognizing, describing, and analyzing problems in Mathematics and Computer Science; producing solution proposals based on research and evidence.
PO-4
Understanding the operating logic of computer and recognizing computational-based thinking using mathematics as a discipline.
PO-5
Collaborating as a team-member, as well as individually, to produce solutions to problems in Mathematics and Computer Science.
PO-6
Communicating in a foreign language, and interpreting oral and written communicational abilities in Turkish.
PO-7
Using time effectively in inventing solutions by implementing analytical thinking.
PO-8
Understanding professional ethics and responsibilities.
PO-9
Having the ability to behave independently, to take initiative, and to be creative.
PO-10
Understanding the importance of lifelong learning and developing professional skills continuously.
PO-11
Using professional knowledge for the benefit of the society.
Learning Outcomes
LO-1
Provides advanced academic education in the field of insurance mathematics.
LO-2
Solves problems in finance and actuary field.
LO-3
Solves problems arising in the field of insurance with the help of computer.
LO-4
Establishes probability models in the insurance mathematics.
LO-5
Uses the concept of probability in the actuarial sciences.
