GAZI UNIVERSITY INFORMATION PACKAGE - 2019 ACADEMIC YEAR

COURSE DESCRIPTION
INSURANCE AND RISK ANALYSIS/ISLE326
Course Title: INSURANCE AND RISK ANALYSIS
Credits 3 ECTS 5
Semester 6 Compulsory/Elective Elective
COURSE INFO
 -- LANGUAGE OF INSTRUCTION
  Turkish
 -- NAME OF LECTURER(S)
  Assist. Prof. Dr. Furkan BAŞER
 -- WEB SITE(S) OF LECTURER(S)
  
 -- EMAIL(S) OF LECTURER(S)
  
 -- LEARNING OUTCOMES OF THE COURSE UNIT
Understanding the concepts of risk and insurance
Understanding the insurance operations, principles and types of insurance
To read a variety of different types of insurance policies and annuity products
Understanding the infrastructure of national and international insurance operations and the insurance industry
To make comments about the issues such as risk measurement, classification, estimation of damages and pricing
To explain the practices of risk transfer and control in the insurance industry



 -- MODE OF DELIVERY
  The mode of delivery of this course is face to face.
 -- PREREQUISITES AND CO-REQUISITES
  There is no prerequisite or co-requisite for this course.
 -- RECOMMENDED OPTIONAL PROGRAMME COMPONENTS
  There is no recommended optional programme component for this course.
 --COURSE CONTENT
1. Week  The Concept of Risk and Insurance, Sources of Risk (social, physical, natural and economic sources of risk)
2. Week  Places of Insurance in Economics and International Trade
3. Week  Basic Principles of Insurance
4. Week  Statistics for Risk Analysis
5. Week  Life Insurance
6. Week  Nonlife Insurance
7. Week  Global Insurance System
8. Week  Credit and Export Credit Insurance
9. Week  Midterm Examination
10. Week  Sources of Risk in International Transport and Insurance
11. Week  Reassurance
12. Week  Risk Measurement
13. Week  Risk Classification and Pricing
14. Week  Insurance Risk Management Tools and Process
15. Week  Risk Management and Regulation in the Global Economy
16. Week  Final Examination
 -- RECOMMENDED OR REQUIRED READING
  [1] Kammen, D.H., Hassenzahl, D.M. Should We Risk It? New Haven: Princeton University Press, 1999. [2] Kunreuther, H. Risk Analysis and Risk Management in an Uncertain World. Risk Analysis, 2002. [3] Bolukbası, A.G., Pamukcu, E.B. Sigortacılıkta Risk Yonetimi. İstanbul: Turkmen kitabevi, 2008. [4] Rejda, G.E. Principles of Risk Management & Insurance. New York: Addison-Wesley, 2001.
 -- PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
  Lecture, Question & Answer, Demonstration, Drill - Practise
 -- WORK PLACEMENT(S)
  Not Applicable
 -- ASSESSMENT METHODS AND CRITERIA
 
Quantity
Percentage
 Mid-terms
1
40
 Assignment
0
0
 Exercises
0
0
 Projects
0
0
 Practice
0
0
 Quiz
0
0
 Contribution of In-term Studies to Overall Grade  
40
 Contribution of Final Examination to Overall Grade  
60
 -- WORKLOAD
 Efficiency  Total Week Count  Weekly Duration (in hour)  Total Workload in Semester
 Theoretical Study Hours of Course Per Week
15
3
45
 Practising Hours of Course Per Week
0
 Reading
15
2
30
 Searching in Internet and Library
15
1
15
 Designing and Applying Materials
0
 Preparing Reports
0
 Preparing Presentation
0
 Presentation
0
 Mid-Term and Studying for Mid-Term
1
15
15
 Final and Studying for Final
1
20
20
 Other
0
 TOTAL WORKLOAD: 
125
 TOTAL WORKLOAD / 25: 
5
 ECTS: 
5
 -- COURSE'S CONTRIBUTION TO PROGRAM
NO
PROGRAM LEARNING OUTCOMES
1
2
3
4
5
1Having theoretical knowledge in international trade management, international business administration, international logistic international law areas and having ability and professional expertise in terms of implementationX
2Having professional competence in order to be assigned in various private and public sector institutions like national and international trade organizations and unions, economics consultancy offices, under secretariat of foreign trade and foreign trade officesX
3Having knowledge about other disciplines like business administration, economics, law, public administration and international relations that are related to international trade
4Being able to behave according to principles of ethical behaviors in all international trade areasX
5Having abilities about issues like information technologies, basic computer programs and foreign language that are needed to perform international trade activities
6Being aware of the economical, political and cultural integrations and systems in his/her country and all over the world, to be able to position the country and organization while performing activates related to his/her areaX
7Beeing capable of identifying problems in his/her field, access to relevant resources, having knowledge about the legislation and abilities to produce scientific knowledge and analyzing-synthesizing abilities to carry out a researchX
8Having knowledge and qualifications to carry out and complete a national and an international projectX
9Carrying out activities relevant to his/her field, having critical, creative and innovative thinking abilitiesX
10Having theoretical and practical knowledge and abilities needed to undertake international trade activities related to export-import, exchange, regional collaborations and organizations, free zone practices
11Having knowledge and abilities about transporting, storing, supply chain management, risk analysis and insurance and to carry out national and international logistic activitiesX
12Having basic business administration information about production, management, marketing, accounting, finance and human resources in order to undertake international trade and having abilities about quantitative methods that help to have this knowledgeX
13Pursuing and applying legislation information about national and international trade law, public law and private law in order to manage international trade operations