Banks and insurance companies are two major corporations in financial markets. The function and role of giant financial corporations have been increasing in the economy with the advanced techniques and communication. In the globalization process, risk management and international banking activities are increasing rapidly. This growth in financial industry is expected to continue due to the increase in trade volume and services in emerging markets.
Banks are pioneering corporations are the leading industry of growing economies. Banks have crucial role to boost the economy via credit mechanism for individuals and entrepreneurs. Meanwhile, insurance companies manage risks of individuals and firms in the market economy. The insurer is equipped with the skills and talents of all transactions required by insurance activities.
The increasing role of Banking and Insurance in today’s globalized world economy enhances the characteristics of industry and provides career opportunities day to day. Banking and Insurance Industry with its career potential grows two times in the last decade. In addition to this, new business and career opportunities are also increasing recently. It has been known that banks have crucial role in sustaining fund transfers for the economy, risk management, financial intermediation, investment management and portfolio management in addition to its classic activities. This growing spectrum of activities of banking and insurance students proves new career opportunities for the graduates. In the field of insurance, the latest advances in risk management and fund management provide new career opportunities day to day. By owning the insurance agency, it is also possible to be entrepreneur in the market.
In our department of Banking and Insurance, it is aimed to provide our students with the skills and talents which are required by industry and prepare our students as strong candidates of future executive members of boards and top management in the field. Our curriculum in the department of Banking and Insurance has been designed to respond the latest economic and business issues in the industry. Based on its requirement, the courses related to economy, finance, and management are available for our students to provide them with skills and talents. With this well designed curriculum, our student may monitor the latest ongoing advances or changes in capital markets at globally. Our students completing the 4 years-basis curriculum with advanced training program and academic activities in the field, will be specialized. Moreover, the skill transfer from industry to our students will be empowered with a full training in the last semester before graduation.
We believe that our students with sophisticated academic background and skills transferred from the sector will deserve their place in banking and insurance industry following their graduation.
Hasan Dinçer, Phd
Head of Banking and Insurance Department