RISK MANAGEMENT AND INSURANCE

Course Description

YÖNETİM MUHASEBESİ

RISK MANAGEMENT AND INSURANCE

Evaluation Tools (Active Term)

Course outcomes

No course outcomes have been defined yet.

Course Syllabus

Reference Books & Course Materials

1. 01 Rejda, G. E., McNamara, M. J., & Rabel, W. H. (2022). Principles of risk management and insurance (14th ed., Global ed.). Pearson Education Limited.

Learning Outcomes

1. L01 Analyze and explain how different types of risk and loss exposures are related, and apply appropriate risk control and risk financing techniques to manage personal and commercial risk exposures. SOLO 4
2. L02 Analyze and explain the fundamental principles of insurance and evaluate how insurability, risk pooling, adverse selection, and risk-transfer mechanisms influence the management of individual and business risks. SOLO 4
3. L03 Analyze loss exposures and apply the risk management process to select appropriate risk control and risk financing techniques for managing organizational and personal risks. SOLO 4
4. L04 Analyze organizational risks using enterprise risk management principles and apply appropriate risk assessment, forecasting, and financial analysis techniques to support integrated risk-management decisions. SOLO 4
5. L05 Analyze and explain how ratemaking, underwriting, claims settlement, reinsurance, and investment activities are interrelated in supporting the effective financial and risk management operations of insurance companies. SOLO 4
6. L06 Analyze the key provisions of insurance contracts and apply deductibles, coinsurance, and other-insurance provisions to determine coverage responsibilities and loss payments in different insurance situations. SOLO 4

Program Outcomes

1. P01 1. Gained the necessary skills to learn and adopt a spirit of continuous learning in their professional life.
2. P02 2. Developed various skills by working independently via specific learned techniques that both triggered individual efforts and encouraged collaborative work.
3. P03 3. Acquired the essential knowledge and skills to apply key theories, models and applications within the global business context.
4. P04 4. Adopted and applied critical and strategic thinking together with research capabilities for efficient and effective business decisions.
5. P05 5. Utilized and managed ethically information technologies required for contemporary business world.
6. P06 6. Been equipped with conceptual and analytical skills necessary for team work within global organizations.
7. P07 7. Displayed their learnt communication skills that are required to effectively interact in a cross cultural and diverse international work environment.
8. P08 8. Applied their acquired knowledge within the changing work environment.
9. P09 9. Developed an understanding of ethical perspectives and social responsibilities to be used at work and in personal life.

Po-Lo Matrix