| TYPE OF COURSE UNIT | Elective Course |
| LEVEL OF COURSE UNIT | Master's Degree With Thesis |
| YEAR OF STUDY | - |
| SEMESTER | - |
| NUMBER OF ECTS CREDITS ALLOCATED | 10 |
| NAME OF LECTURER(S) | Professor Serpil Cula
|
| LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students;
1) Make comparison between companies
2) Evaluate the risks for the future
3) Improve the ability to calculate premium paid
4) Evaluate the possibility of life and death
5) Analyze to calculate premiums
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | None |
| COURSE DEFINITION | This course focuses on the calculations, which are being implemented in the insurance company premiums, compensation calculations, rant, math calculations to find money. |
| COURSE CONTENTS | | WEEK | TOPICS |
|---|
| 1st Week | Introduction, theory of interest | | 2nd Week | Present value and discount | | 3rd Week | Accumulated value calculations | | 4th Week | Annuities and varieties | | 5th Week | Present value and accumulated value calculations in annuities | | 6th Week | Amortization schedules and sinking fund | | 7th Week | Bonds and securities | | 8th Week | Midterm | | 9th Week | Capital budgeting techniques | | 10th Week | Life tables | | 11th Week | Life insurances | | 12th Week | Premium calculations in life insurances | | 13th Week | The concept of reserve | | 14th Week | Actuarial reserve models |
|
| RECOMENDED OR REQUIRED READING | Bowers N.L., H.U.Gerber, J.C. Hickman, D.A. Jones, and C.J.Nesbitt, 1986, Actuarial Mathematics.
A.K. Gupta, T. Varga, An Introduction to Actuarial Mathemetics
S.D. Promislow,Fundamental's of Actuarial Mathemetics
S. Kellison, The Theory of Interest |
| PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Discussion,Questions/Answers |
| ASSESSMENT METHODS AND CRITERIA | | | Quantity | Percentage(%) |
|---|
| Mid-term | 1 | 40 | | Quiz | 1 | 10 | | Total(%) | | 50 | | Contribution of In-term Studies to Overall Grade(%) | | 50 | | Contribution of Final Examination to Overall Grade(%) | | 50 | | Total(%) | | 100 |
|
| ECTS WORKLOAD |
| Activities |
Number |
Hours |
Workload |
| Midterm exam | 1 | 3 | 3 | | Preparation for Quiz | 1 | 3 | 3 | | Individual or group work | 14 | 12 | 168 | | Preparation for Final exam | 1 | 45 | 45 | | Course hours | 14 | 3 | 42 | | Preparation for Midterm exam | 1 | 35 | 35 | | Laboratory (including preparation) | | | | | Final exam | 1 | 3 | 3 | | Homework | | | | | Total Workload | | | 299 |
|---|
| Total Workload / 30 | | | 9,96 |
|---|
| ECTS Credits of the Course | | | 10 |
|---|
|
| LANGUAGE OF INSTRUCTION | Turkish |
| WORK PLACEMENT(S) | No |
| | |
