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.
Learning Outcomes 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 Description 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
18
Presentation / Jury
Project
Seminar / Workshop
1
12
Oral Exams
Midterm
1
25
Final Exam
1
35
Total

Weighting of Semester Activities on the Final Grade
4
65
Weighting of End-of-Semester Activities on the Final Grade
1
35
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical 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
1
10
Oral Exam
Midterms
1
20
Final Exam
1
30
    Total
118

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to explain the economic situations by analyzing the concepts of the economic, the general functioning of the system and the relationship between the elements of the system and the economic phenomena

2

To be able to discuss the role, importance and functions of the institutions providing banking and insurance services in the economic system

X
3

To be able to apply the principles and methods related to the services and products offered by banking and insurance companies considering the types of these companies

X
4

To be able to define the risk factor which is an important element of the financial system and  to use the financial instruments to manage the risk and benefit form the opportunities

X
5

To be able to develop the skills necessary for marketing and sales of financial products

X
6

To have the general knowledge about laws and specific legislation about bank, insurance, capital markets and foreign exchange

X
7

To be able to analyze financial statements like balance sheet and income statement and to be able to register, correct and close the financial transactions in the related accounting records within the accounting cycle

8

To be able to develop the analytical thinking skills required for the solution of professional problems and applies the rules of mathematics and logic

9

To be able to make decisions based on the principles of professional ethics, accountability and responsibility

10

To be able to use the english at the general level of European Language Portfolio A2 to communicate effectively with his / her colleagues and to follow up necessary professional sources in his/her field

11

To have the ability to work effectively in individual and multi-disciplinary teams and to use them in their work environment

12

To have a broad perspective on social and academic aspects by closely following the developments in various different subjects in or out of the scope of his/her profession

13

To be able to direct his/her education to a further level of education

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