Course Information

Course Information
Course Title Code Language Type Semester L+U Hour Credits ECTS
Actuarial Sciences SSG534 Turkish Compulsory 3 + 0 3.0 7.0
Prerequisite Courses
Course Level Graduate
Mode of delivery Expression
Course Coordinator
Instructor(s)
Goals The aim of this course is to teach students theoretical and practical knowledge and skills related to actuarial science.
Course Content In this course, in the field of non-life actuarial in insurance businesses; financial analysis of the financial structure of the insurance company, tariff design and pricing, provision calculations, asset liability analysis, deprivation of support compensation calculations, actuarial scenario analysis studies and measurement of the effects on the balance sheet, corporate risk management process, identification of key risks (reserve risk), severance indemnity provision calculations, actuarial control cycle processes that include seemingly different but related steps such as company valuation, In the field of life actuarial; preparation of profitability analysis and product representations on product basis, creation of commutation tables, general information about life insurance types and products in the world, knowledge of reinsurance, knowledge of balance sheet reading and financial analysis, embedded value, return on investments, detailed information about annuities, as well as calculation methodology related to foundations and trusts will be covered.
Learning Outcomes
# Öğrenme Kazanımı
1 At the end of this course, students should be able to explain the concepts, theories and approaches within the scope of actuarial science, analyze various risks that may occur during human life, estimate the probability of these risks and gain the knowledge and skills to create safety programs to mitigate the financial impact of these events.
Lesson Plan (Weekly Topics)
Week Topics/Applications Method
1. Week Financial analysis of the financial structure of the insurance company in non-life actuarial Preparation, After Class Study
2. Week Tariff design and pricing, provision calculations Preparation, After Class Study
3. Week Asset liability analysis, deprivation of support compensation calculations Preparation, After Class Study
4. Week Actuarial scenario analysis studies and measurement of their effects on the balance sheet Preparation, After Class Study
5. Week Enterprise risk management process, identification of key risks (reserve risk) Preparation, After Class Study
6. Week Severance pay provision calculations, company valuation Preparation, After Class Study
7. Week Preparation of product-based profitability analyses and product representations in the life actuarial field and creation of commutation tables Preparation, After Class Study
8. Week Midterm
9. Week General information about life insurance types and products in the world Preparation, After Class Study
10. Week Knowledge of reinsurance, balance sheet reading and financial analysis Preparation, After Class Study
11. Week Embedded value, return on investments Preparation, After Class Study
12. Week Detailed information on types of annuities Preparation, After Class Study
13. Week Calculation methodology for foundations and trusts Preparation, After Class Study
14. Week Examples of pre-exam practice Practice, Preparation, After Class Study
*Midterm and final exam dates are not specified in the 14-week course operation plan. Midterm and final exam dates are held on the dates specified in the academic calendar with the decision of the University Senate.
Relations with Education Attainment Program Course Competencies
Program Requirements DK1
Recommended Sources
Ders Kitabı veya Notu Ders Kitabı veya Ders Notu bulunmamaktadır.
Diğer Kaynaklar
  • Aktüerya Matematiği ve Yaşam Analizi, Prof. Dr. Fikri Akdeniz , Arş. Gör. Funda Erdugan, Nobel Kitapevi, Adana, 2011.
  • Lecture Notes