RISK MANAGEMENT AND INSURANCE
- Course
- ACFN482 - RISK MANAGEMENT AND INSURANCE
- Department
- Banking & Finance - English - Undergraduate
- Course Type
- Course
- Status
- Required
- Language
- English
- Credit
- 3
- ECTS
- 0
- T+P+L
- 3 + 0 + 0
- Course Coordinator(s)
- Asst. Prof. Dr. Boren SARGON
- Prerequisite
- -
- Keywords
Course Description
YÖNETİM MUHASEBESİ
RISK MANAGEMENT AND INSURANCE
Evaluation Tools (Active Term)
| Item | Type | Weight (%) |
|---|---|---|
| Midterm Examination | Midterm | 30 |
| Assigment | Assignment | 20 |
| Final Examination | Final | 50 |
| Total | 100 | |
Course outcomes
No course outcomes have been defined yet.
Course Syllabus
| Week | Topic |
|---|---|
| Week 1 | Introduction to Course |
| Week 2 | Risk and Its Treatment (Chp 1) |
| Week 3 | Risk and Its Treatment (Chp 1) |
| Week 4 | Insurance and Risk (Chp 2) |
| Week 5 | Insurance and Risk (Chp 2) |
| Week 6 | Introduction to Risk Management (Chp 3) |
| Week 7 | Introduction to Risk Management (Chp 3) |
| Week 8 | Midterm Examinations |
| Week 9 | Enterprise Risk Management (Chp 4) |
| Week 10 | Enterprise Risk Management (Chp 4) |
| Week 11 | Insurance Company Operations (Chp 6) |
| Week 12 | Insurance Company Operations (Chp 6) |
| Week 13 | Analysis of Insurance Contracts (Chp 10) |
| Week 14 | Analysis of Insurance Contracts (Chp 10) |
| Week 15 | Final Examinations |
Reference Books & Course Materials
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- P01 1. Recognized and applied all the learning tools and techniques learnt which they will implement throughout their lives and future careers.
- P02 2. Become confident in their knowledge and skills so that they can successfully study and work on their own.
- P03 3. Attained a high level of professionalism through the fundamental knowledge and skills gained in both marketing and digital fields.
- P04 4. Demonstrated a solid understanding of core business principles in the primary areas of digital marketing, web technologies, new media and management, as well as the interconnectedness of these disciplines in the running of an organization.
- P05 5. Been able to critically implement their knowledge and skills in both written, oral and digital forms to an intended audience, based on creative and analytical approaches.
- P06 6.Demonstrated their understanding of the ethical and protected use of various new media such as social media, mobile technology, web analytics, search engine optimization, and viral advertising in both their studies and careers.
- P07 7. Implemented best practices in business for planning, decision-making, and problem-solving based on collaborative work and studies.
- P08 8. Demonstrated effective communication skills in addition to in-depth of analysis and synthesis which are essential in multicultural educational and work contexts.
- P09 9. Demonstrated critical thinking characterized by the ability to define business problems with the evidence available, discern fact from opinion, determine underlying causes, formulate and evaluate potential solutions.
- P10 10. Been able to implement ideas and concepts through the development and creation of digital content for effective social media marketing strategies, and designing and evaluating the effectiveness of interactive web sites to increase web traffic flows, visibility, consumer satisfaction and response rates.
- P11 11. Embodied integrity in their work and actions, honor confidentiality, followed generally accepted codes of conduct in the digital marketing industry.
- P12 12. Devoted themselves to follow the codes of ethics, improve privacy issues with social media, conflict, and citizenship in order to frame a better understanding of digital marketing.
Po-Lo Matrix
| LO | P01 | P02 | P03 | P04 | P05 | P06 | P07 | P08 | P09 | P10 | P11 | P12 | Average |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| L01 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| L02 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| L03 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| L04 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| L05 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| L06 | - | - | - | - | - | - | - | - | - | - | - | - | - |