BNK 206 | Course Introduction and Application Information

Course Name
Individual Pension System and Life Insurances
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
BNK 206
Fall/Spring
3
0
3
4

Prerequisites
None
Course Language
Turkish
Course Type
Elective
Course Level
Short Cycle
Course Coordinator -
Course Lecturer(s)
Assistant(s) -
Course Objectives The aim of this course is to provide the basic comparative and applicable knowledge about the facts, historical bacgrounds and the sector practices of individual pension sytem, life insurances and private pension funds.
Learning Outcomes The students who succeeded in this course;
  • will be able to explain social security system and related concepts,
  • will be able to evaluate the benefits of life insurances and private pension funds and the liabilities of the counter parties,
  • will be able to explain the structure and the historical background of the life incurance sector in Turkey,
  • will be able to explain explain the technical features of life insurance policies and define insurance products,
  • will be able to list and describe the types of individual pension funds,
  • will be able to explain individual pension contracts,
  • will be able to explain the regulations about the individual pension system and pension investment funds.
Course Description Content of this course covers the types, futures, historical development and industry applications of life insurances and private pension funds.

 



Course Category

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

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 History and General Characteristics of the Private Pension System Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter:1
2 Rights and obligations of the parties in the Private Pension System Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter:2
3 Intermediaries in Private Pension System Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ChapteISBN: 9750611827. r: 3
4 Individual Pension Investment Funds and Portfolio Management (Key Indicators and Returns ) Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter:4
5 State Contributions to the pension system Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter: 5
6 Automatic Participation Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter: 6
7 Conditional / Voluntary Employer Plans / Group Pension Plans Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter: 7
8 MID-TERM MID-TERM
9 Life Insurance Products and Pricing Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter:8
10 Sales Management Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter:9
11 Effective Presentation and Interview Techniques , Persuasion Techniques and Appeals Welcome Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter:9
12 progress and scope of life insurances Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter: 10
13 Life Insurance Applications in Turkey Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter:11
14 Life Insurance Types and Current Products Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter:12
15 Individual Pension Companies and Internal Current Practices Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827. Chapter:13
16 FINAL FINAL

 

Course Notes/Textbooks

Hayat Sigortaları ve Bireysel Emeklilik Sistemi - Karabay M. E., Akpınar Ö., Çelikdemir N.Ç., Tezergil S., Özcan H., Demirbilek İ., Eskişehir, 2012. ISBN: 9750611827.

Suggested Readings/Materials Bireysel Emeklilik Sistemi- Hilal Ilgın Uyar, Bireysel Emeklilik Sistemi- Ahmet Erol, A.Ercan Yıldırım, Bireysel Emeklilik Fonlarında Portföy Yönetimi- Kerem Şenel, Hazine Müsteşarlığı Özel Emeklilik Dairesi Yayınları, Sektörden edinilen güncel bilgi ve raporlarla oluşturulmuş özel ders notları, Emeklilik Gözetim Merkezi Raporları.

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
1
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Homework / Assignments
1
20
Presentation / Jury
Project
Seminar / Workshop
Oral Exams
1
10
Midterm
1
30
Final Exam
1
30
Total

Weighting of Semester Activities on the Final Grade
4
70
Weighting of End-of-Semester Activities on the Final Grade
1
30
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: 16 x total hours)
16
Study Hours Out of Class
16
Field Work
Quizzes / Studio Critiques
Homework / Assignments
1
10
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
1
20
Midterms
1
20
Final Exam
1
20
    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