BNK 203 | Course Introduction and Application Information

Course Name
Insurance Transactions I
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
BNK 203
Fall
2
0
2
4

Prerequisites
None
Course Language
Turkish
Course Type
Required
Course Level
Short Cycle
Course Coordinator -
Course Lecturer(s)
Assistant(s) -
Course Objectives To teach the resources of the insurance transactions, the properties of insurance sector, the relationships between sector corporations, the structures of insurance companies, the concept of responsibility in insureance, the concept of loss/damage in insurance, and the insurance branches in order to be a base for the course Insurance Transaction II.
Course Description The students who succeeded in this course;
  • will be able to track the laws and rules referencing to insurance operations
  • will be able to understand the importance of responsibility in insurance
  • will be able to understand the concept of insurance corporations and their functions
  • will be able to reinforce their prior knowledge about insurance branches
  • will be able to learn the loss/damage transactions in insurance
Course Content To teach insurance law and related regulations, structure of insurance sector, functions of the sector corporations, the concept of responsibility in insurance, loss/damage management, and types of insurance after giving a review of basic insurance knowledge.

 



Course Category

Core Courses
X
Major Area Courses
Supportive Courses
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Basic insurance concepts Temel Sigortacılık, Murat Özbolat, Seçkin Yayıncılık, 2017, ISBN: 9750245015. Chapter 3.
2 Basic insurance concepts Temel Sigortacılık, Murat Özbolat, Seçkin Yayıncılık, 2017, ISBN: 9750245015. Chapter 3.
3 Insurance law Temel Sigortacılık, Murat Özbolat, Seçkin Yayıncılık, 2017, ISBN: 9750245015. Chapter 4.
4 Regulations regulations
5 Sector corporations and their functions Temel Sigortacılık, Murat Özbolat, Seçkin Yayıncılık, 2017, ISBN: 9750245015. Chapter 7.
6 Sector corporations and their functions Temel Sigortacılık, Murat Özbolat, Seçkin Yayıncılık, 2017, ISBN: 9750245015. Chapter 7.
7 Concept of responsibility Temel Sigortacılık, Murat Özbolat, Seçkin Yayıncılık, 2017, ISBN: 9750245015. Chapter 9.
8 Loss/damage transactions Temel Sigortacılık, Murat Özbolat, Seçkin Yayıncılık, 2017, ISBN: 9750245015. Chapter 9.
9 Midterm exam MID TERM EXAM
10 Reassurrance transactions presentations
11 Insurance of goods presentations
12 Life insurances presentations
13 Health insurances presentations
14 Personal retirement insurance presentations
15 Review of the semester
16 Final Exam FINAL EXAM

 

Course Notes/Textbooks

Temel Sigortacılık, Murat Özbolat, Seçkin Yayıncılık, 2017, ISBN: 9750245015.

5684 No Insurance Law

Regulation on Insurance Agents,

Regulation on Insurance Experts

Suggested Readings/Materials

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
1
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Homework / Assignments
1
15
Presentation / Jury
Project
Seminar / Workshop
Portfolios
Midterms / Oral Exams
1
35
Final / Oral Exam
1
40
Total

Weighting of Semester Activities on the Final Grade
3
60
Weighting of End-of-Semester Activities on the Final Grade
1
40
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Course Hours
Including exam week: 16 x total hours
16
2
32
Laboratory / Application Hours
Including exam week: 16 x total hours
16
Study Hours Out of Class
16
1
Field Work
Quizzes / Studio Critiques
Homework / Assignments
1
10
Presentation / Jury
Project
Seminar / Workshop
Portfolios
Midterms / Oral Exams
1
20
Final / Oral Exam
1
30
    Total
108

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1 To record, edit and close entries and to analyze financial statements X
2 To discuss the role and function of banks in the economy. X
3 To know the services offered by commercial banks and to apply the principles and processes. X
4 To get basic investment knowledge, combine academic studies and the financial markets X
5 To manage the risks and to take advantage of opportunities to use derivative instruments in futures markets X
6 To assess the financial and economic situation, the income statement and the balance sheet, in particular to analyze the financial statements X
7 To know Insurance policies, processes and products X
8 To know basic knowledge of law as well as banking law, insurance law and capital market law to be informed about X
9 To gain financial marketing and sales capabilities X

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest