FNCE446 Insurance ManagementIstanbul Okan UniversityDegree Programs Economics and Finance(English)General Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Economics and Finance(English)
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

General course introduction information

Course Code: FNCE446
Course Name: Insurance Management
Course Semester: Fall
Course Credits:
Theoretical Practical Credit ECTS
3 0 3 6
Language of instruction: EN
Course Requisites:
Does the Course Require Work Experience?: No
Type of course: Department Elective
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator : Dr.Öğr.Üyesi HAKAN ÖZCAN
Course Lecturer(s):
Course Assistants:

Course Objective and Content

Course Objectives: Understand the behavior of ınsurance management concept
• Develop the ability to classifications are specified how to manage it to extent
Course Content: Risk, Economic risks, Risk & Insurance, What is the insurance?, Insurance management, Insurance Company, Experts, Actuarial consultants, Brokers , Agencies, Life insurance production, Healty insurance production, Fire insurance production, Liability insurance production, Marine insurance production

Learning Outcomes

The students who have succeeded in this course;
Learning Outcomes
1 - Knowledge
Theoretical - Conceptual
1) Define the damage.
2) • Calculate the rate of damage premium.
3) Arrange the reserve allocation system.
4) Understand the foundations of organizations such as Tramer and Hatmer; analyze
2 - Skills
Cognitive - Practical
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
Competence to Work Independently and Take Responsibility

Lesson Plan

Week Subject Related Preparation
1) Risk Reading
2) Economic risks Reading
3) Risk & Insurance Reading
4) What is the insurance? Reading
5) Insurance management Reading
6) Insurance Company Reading
7) Experts Reading
8) Actuarial consultants Reading
9) Brokers Reading
10) Agencies Reading
11) Healty insurance production Reading
12) Fire insurance production READİNG
13) Liability insurance production NONE
14) Marine insurance production NONE

Sources

Course Notes / Textbooks: Maurad, M. (2014) Insurance Management Playbook, paperback
References: Yok

Course-Program Learning Outcome Relationship

Learning Outcomes

1

2

3

4

Program Outcomes
1) Explain the advances in the area of economics and finance within the framework of scientific methodology, theories and models.
2) Employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions.
3) Explain the evolution of financial markets and institutions in a historical context and define how they operate.
4) Recognise the basic principles and regulations in the financial sector.
5) Discover and create entrepreneurial opportunities to successfully establish and develop their own ventures.
6) Recognise, interpret and discuss the current economic issues both at the national and global levels.
7) Have the English proficiency in following and interpreting the developments in the areas of economics and finance and in conducting written and oral communication.
8) Express the role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management.
9) Identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society.

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Explain the advances in the area of economics and finance within the framework of scientific methodology, theories and models. 3
2) Employ the appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in the related areas, interpret results and propose solutions. 5
3) Explain the evolution of financial markets and institutions in a historical context and define how they operate. 3
4) Recognise the basic principles and regulations in the financial sector. 3
5) Discover and create entrepreneurial opportunities to successfully establish and develop their own ventures. 4
6) Recognise, interpret and discuss the current economic issues both at the national and global levels. 4
7) Have the English proficiency in following and interpreting the developments in the areas of economics and finance and in conducting written and oral communication. 4
8) Express the role of international capital markets in the global economy; accordingly define the concept of risk in terms of measurement and management. 4
9) Identify standards of personal, professional, social and business ethics, evaluate the ethical implications of various practices in the related areas, and be aware the importance of ethical behavior in adding value to the society. 3

Learning Activity and Teaching Methods

Individual study and homework
Lesson
Reading
Project preparation

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Oral Examination
Homework

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Midterms 1 % 40
Final 1 % 60
total % 100
PERCENTAGE OF SEMESTER WORK % 40
PERCENTAGE OF FINAL WORK % 60
total % 100

Workload and ECTS Credit Grading

Activities Number of Activities Duration (Hours) Workload
Midterms 1 40 40
Final 1 60 60
Total Workload 100