Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| DAMAGE and RISK MANAGEMENT | - | Fall Semester | 2+0 | 2 | 4 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Short Cycle (Associate's Degree) |
| Course Type | Elective |
| Course Coordinator | Assist.Prof. İrfan ERSİN |
| Name of Lecturer(s) | Lect.Dr. Mehmet Çağatay BABACAN |
| Assistant(s) | |
| Aim | The aim of this course is to teach the importance of damage in insurance and how to manage it, to evaluate the concept of risk, types of risks and risk types and management seen in insurance companies, and to provide theoretical and practical information about damage and risk management. |
| Course Content | This course contains; Concept and types of risk,Traditional risk management,Enterprise risk management,Insurable risks and their characteristics,Damage process in insurance,Creating a damage file,Damage process tracking,Damage files based on branches,Damage files based on branches,Fund management and risk in insurance,Damage practices and compensation determination process in insurance companies,Reinsurance,Reinsurance,insurance law. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Will learn basic concepts about insurance finance. | 10, 14, 16, 9 | A |
| 1.1. Knows the basic concepts related to the field of finance | ||
| 1.2. Have current and theoretical knowledge about insurance finance. | ||
| 1.3. Conducts financial analysis in insurance companies | ||
| 2. Will have knowledge of risk concepts and management. | 10, 16, 9 | A, E |
| 2.1. Knows risk concepts | ||
| 2.2. Conducts the risk management process | ||
| 3. Will be able to master the damage process in insurance. | 10, 12, 13, 14, 16, 6, 9 | A |
| 3.1. Defines the stages of the damage process in insurance | ||
| 3.2. Distinguishes damage documents based on insurance branches | ||
| 4. Will master reinsurance processes | 10, 12, 14, 16, 6, 9 | A |
| 4.1. Knows the damage reinsurance relationship | ||
| 4.2. Knows reinsurance and its types | ||
| 5. Will learn the functioning of the insurance industry | 10, 12, 13, 14, 16, 6, 9 | A, E |
| 5.1. Makes evaluations regarding the insurance industry | ||
| 5.2. It dominates all types of insurance in the insurance industry |
| Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam, E: Homework |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Concept and types of risk | |
| 2 | Traditional risk management | |
| 3 | Enterprise risk management | |
| 4 | Insurable risks and their characteristics | |
| 5 | Damage process in insurance | |
| 6 | Creating a damage file | |
| 7 | Damage process tracking | |
| 8 | Damage files based on branches | |
| 9 | Damage files based on branches | |
| 10 | Fund management and risk in insurance | |
| 11 | Damage practices and compensation determination process in insurance companies | |
| 12 | Reinsurance | |
| 13 | Reinsurance | |
| 14 | insurance law |
| Resources |
| Erdem Kırkbeşoğlu, "Risk Management and Insurance", Gazi Kitabevi, 1st Edition, 2014 |
| Mahir Çipil, "Fundamentals of Insurance and Risk Management", Seçkin Publishing 3rd Edition, 2019 |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Explains the concepts of banking and insurance, the relevant legislation, and recognizes the organizations that guide the sector. | X | |||||
| 2 | Performs basic-level activities in banking and insurance, communicates effectively, and utilizes digital tools. | X | |||||
| 3 | Possesses fundamental, up-to-date, and practical knowledge related to their profession. | ||||||
| 4 | Gains knowledge about occupational health and safety, environmental awareness and quality processes. | ||||||
| 5 | Explains and issues policies for property, service, and life insurance. | X | |||||
| 6 | Students convey knowledge concerning financial markets and institutions. | X | |||||
| 7 | Students identify and define transaction types in the banking and insurance sector. | X | |||||
| 8 | Effectively utilizes information technologies (software, programs, animation, etc.) related to their profession. | X | |||||
| 9 | Students explain risk types to occur in the sector and hedging techniques. | X | |||||
| 10 | Follows current developments and practices in banking and insurance and uses them effectively. | ||||||
| 11 | Students apply the acquired knowledge regarding the field of banking and insurance to their studies. | X | |||||
| 12 | Has the ability to independently evaluate professional problems and issues with an analytical and critical approach and propose solutions. | ||||||
| 13 | Has awareness of career management and lifelong learning. | X | |||||
| 14 | Effectively presents their thoughts at the level of knowledge and skills through written and verbal communication and expresses them clearly. | X | |||||
| 15 | Uses a foreign language to follow information in their field and communicate with colleagues. | ||||||
| 16 | Interprets fundamental data related to banking and insurance, identifies risks, defines problems, and proposes solutions. | X | |||||
| 17 | Possesses social, scientific, cultural, and ethical values in the collection, implementation, and dissemination of data related to their field. | X | |||||
| 18 | Takes responsibility as a team member to solve complex and unforeseen problems encountered in practices related to their field. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |
| ECTS / Workload Table | ||||||
| Activities | Number of | Duration(Hour) | Total Workload(Hour) | |||
| Course Hours | 14 | 2 | 28 | |||
| Guided Problem Solving | 0 | 0 | 0 | |||
| Resolution of Homework Problems and Submission as a Report | 1 | 20 | 20 | |||
| Term Project | 5 | 3 | 15 | |||
| Presentation of Project / Seminar | 1 | 10 | 10 | |||
| Quiz | 0 | 0 | 0 | |||
| Midterm Exam | 1 | 15 | 15 | |||
| General Exam | 1 | 20 | 20 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 108 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(108/30) | 4 | |||||
| ECTS of the course: 30 hours of work is counted as 1 ECTS credit. | ||||||
Detail Informations of the Course
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| DAMAGE and RISK MANAGEMENT | - | Fall Semester | 2+0 | 2 | 4 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Short Cycle (Associate's Degree) |
| Course Type | Elective |
| Course Coordinator | Assist.Prof. İrfan ERSİN |
| Name of Lecturer(s) | Lect.Dr. Mehmet Çağatay BABACAN |
| Assistant(s) | |
| Aim | The aim of this course is to teach the importance of damage in insurance and how to manage it, to evaluate the concept of risk, types of risks and risk types and management seen in insurance companies, and to provide theoretical and practical information about damage and risk management. |
| Course Content | This course contains; Concept and types of risk,Traditional risk management,Enterprise risk management,Insurable risks and their characteristics,Damage process in insurance,Creating a damage file,Damage process tracking,Damage files based on branches,Damage files based on branches,Fund management and risk in insurance,Damage practices and compensation determination process in insurance companies,Reinsurance,Reinsurance,insurance law. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Will learn basic concepts about insurance finance. | 10, 14, 16, 9 | A |
| 1.1. Knows the basic concepts related to the field of finance | ||
| 1.2. Have current and theoretical knowledge about insurance finance. | ||
| 1.3. Conducts financial analysis in insurance companies | ||
| 2. Will have knowledge of risk concepts and management. | 10, 16, 9 | A, E |
| 2.1. Knows risk concepts | ||
| 2.2. Conducts the risk management process | ||
| 3. Will be able to master the damage process in insurance. | 10, 12, 13, 14, 16, 6, 9 | A |
| 3.1. Defines the stages of the damage process in insurance | ||
| 3.2. Distinguishes damage documents based on insurance branches | ||
| 4. Will master reinsurance processes | 10, 12, 14, 16, 6, 9 | A |
| 4.1. Knows the damage reinsurance relationship | ||
| 4.2. Knows reinsurance and its types | ||
| 5. Will learn the functioning of the insurance industry | 10, 12, 13, 14, 16, 6, 9 | A, E |
| 5.1. Makes evaluations regarding the insurance industry | ||
| 5.2. It dominates all types of insurance in the insurance industry |
| Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam, E: Homework |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Concept and types of risk | |
| 2 | Traditional risk management | |
| 3 | Enterprise risk management | |
| 4 | Insurable risks and their characteristics | |
| 5 | Damage process in insurance | |
| 6 | Creating a damage file | |
| 7 | Damage process tracking | |
| 8 | Damage files based on branches | |
| 9 | Damage files based on branches | |
| 10 | Fund management and risk in insurance | |
| 11 | Damage practices and compensation determination process in insurance companies | |
| 12 | Reinsurance | |
| 13 | Reinsurance | |
| 14 | insurance law |
| Resources |
| Erdem Kırkbeşoğlu, "Risk Management and Insurance", Gazi Kitabevi, 1st Edition, 2014 |
| Mahir Çipil, "Fundamentals of Insurance and Risk Management", Seçkin Publishing 3rd Edition, 2019 |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Explains the concepts of banking and insurance, the relevant legislation, and recognizes the organizations that guide the sector. | X | |||||
| 2 | Performs basic-level activities in banking and insurance, communicates effectively, and utilizes digital tools. | X | |||||
| 3 | Possesses fundamental, up-to-date, and practical knowledge related to their profession. | ||||||
| 4 | Gains knowledge about occupational health and safety, environmental awareness and quality processes. | ||||||
| 5 | Explains and issues policies for property, service, and life insurance. | X | |||||
| 6 | Students convey knowledge concerning financial markets and institutions. | X | |||||
| 7 | Students identify and define transaction types in the banking and insurance sector. | X | |||||
| 8 | Effectively utilizes information technologies (software, programs, animation, etc.) related to their profession. | X | |||||
| 9 | Students explain risk types to occur in the sector and hedging techniques. | X | |||||
| 10 | Follows current developments and practices in banking and insurance and uses them effectively. | ||||||
| 11 | Students apply the acquired knowledge regarding the field of banking and insurance to their studies. | X | |||||
| 12 | Has the ability to independently evaluate professional problems and issues with an analytical and critical approach and propose solutions. | ||||||
| 13 | Has awareness of career management and lifelong learning. | X | |||||
| 14 | Effectively presents their thoughts at the level of knowledge and skills through written and verbal communication and expresses them clearly. | X | |||||
| 15 | Uses a foreign language to follow information in their field and communicate with colleagues. | ||||||
| 16 | Interprets fundamental data related to banking and insurance, identifies risks, defines problems, and proposes solutions. | X | |||||
| 17 | Possesses social, scientific, cultural, and ethical values in the collection, implementation, and dissemination of data related to their field. | X | |||||
| 18 | Takes responsibility as a team member to solve complex and unforeseen problems encountered in practices related to their field. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |