First Cycle Programmes    (Bachelor's Degree)
Bachelor - School of Banking and Insurance - Actuary
General Description  |  Key Learning Outcomes  |  Course Structure Diagram with Credits
General Description ^
History
Actuarial Science Department of The School of Banking and Insurance was established at Marmara University on the 4th of July in 1995, by the Council of Ministers’ Decision No. 95/7044. The first students of Actuary Department which has started education life in 1996, graduated in 2002. Actuary department is the first institution of higher education which gives four years of education in its field. Academicians are playing active role to establish teorical infrastructure ofactuary department students and sectoral experts are playing active role in sectoral practicing during the education period. Students take the opportunity to implement their knowledge which they have acquired through their education life, in the Project application in the last semester.
Qualification Awarded
All graduates take the degree of 'Actuary Specialist' as a Graduate Diploma who has successfully completed the required obligations by the department.
Specific Admission Requirements
University students must have a high school diploma. Moreover, they have to receive the required score in test selection.
Specific Arrangements For Recognition Of Prior Learning (Formal, Non-Formal and Informal)
The recognition of previous learning, vertical, horizontal, and transitions in the University take place within the scope of the regulation which is ' TRANSITION BETWEEN ASSOCIATE DEGREE AND UNDERGRADUATE DEGREE PROGRAMS, REGULATION ON BASIS OF DOUBLE MAJOR, SUBSPECIALTY AND CREDIT TRANSFER BETWEEN AGENCIES’ , and determined by the Higher Education Institution. Students from non-formal educational institutions in Turkey may claim exemption on the basis of lessons and they are exempted from courses approved by the board of directors.
Qualification Requirements and Regulations
Education period is four years at the Actuarial Science Department. Students are eligible to graduate who have successfully completed all courses in the training plan which has a total of 240 ECTS credits and at least average GPA 2.
Profile of The Programme
The Department of Actuarial Science educates candidates of experts and managers who can use technology and equipped with the knowledge about financial sector with courses and practical projects during their four-year undergraduate education. In the first two years, there are courses in basic sciences (economics, business administration, mathematics, statistics, etc) providing the basis for lessons in the future. In the third and fourth years, there are theoretical lessons which are compatible with the industry by the top executives. Thus, the candidate can have the ability to analyze and interpret the economy.
Occupational Profiles of Graduates With Examples
Actuarial department Graduates have the opportunity to work in public institutions such as the Insurance Supervision Board or the headquarters of insurance companies directly, fund management departments of the finance sector and Social Security Institution.
Access to Further Studies
Candidates, who complete undergraduate degree successfully, can enter thesis and non-thesis graduate programs in parallel to the field of social sciences or in their field.
Examination Regulations, Assessment and Grading
Students are obligated to enter the lessons and applications as well as exams. The attendance is monitored by lecturer. According to the academic calendar one visa and one final exam are organized.
Graduation Requirements
In Actuary department education period is four years. During the education period, training course is obligatory for every student. Students have to pass the all lectures which equals 240 ECTS credits, with success and their GPA must be over 2.0 to become entitled to acquire graduation degree. Students who fulfill these specifications, are entitled to acquire graduation degree.
Mode of Study (Full-Time, Part-Time, E-Learning )
Full-Time
Address, Programme Director or Equivalent
T.C. Marmara Üniversitesi Bankacılık ve Sigortacılık Yüksekokulu Göztepe Kampüsü, Kayışdağı Cd. Kuyubaşı, Kadıköy 34722 / İstanbul Tel: 0 (216) 414 99 89 Fax: 0 (216) 347 50 86 e-mail: bsy@marmara.edu.tr
Facilities
There are 3 Assistant Professors, 1 Academic lecturer and 2 Research Assistance in the Department. Several rooms for each academic staff include technical equipments. In addition, a laboratory with 25 computers is available for students.
Key Learning Outcomes ^
1 Students will be able to analyse that which is related financial sector
2 Students will be able to implement knowledge about their professions in areas where such expertise is necessary.
3 Students will be able to observe and analyse general economic indicators and national and international developments in the financial sector.
4 Students will be able to solve problems with analytical methods.
5 Students will have information about insurance legislation and social security systems and be able to make case studies.
6 Students will be able to observe and measure actuarial risks as well as identify efficient protection methods
7 Students will be able to use knowledge and equipment from different disciplines
8 Students will be able to manage the development process of new products and set the correct course.
9 Students will be able to communicate efficiently in written and spoken Turkish; they will know at least one foreign language.
10 Students will be able to analyse financial risks and make projections.
11 Students will be able to use essential modern techniques and calculation methods for actuarial calculations.
Course Structure Diagram with Credits ^
T : Theoretical P: Practice
No Course Unit Code Course Unit Title Type of Course T P ECTS
1 ATA121 Ataturk's Principles and The History of Turkish Renovation I Compulsory 2 0 2
2 HUK115 Introduction to Law Compulsory 2 0 3
3 IKT111 Introduction to Economics I Compulsory 4 0 6
4 ISL115 Introduction to Business Compulsory 3 0 4
5 MAT117 Calculus I Compulsory 4 0 6
6 MUH123 Accounting I Compulsory 4 0 5
7 TRD121 Turkish Language I Compulsory 2 0 2
8 YDZI121 English I Compulsory 2 0 2
Total 23 0 30
No Course Unit Code Course Unit Title Type of Course T P ECTS
1 ATA122 Principles of Ataturk II Compulsory 2 0 2
2 HUK116 Law of Obligations Compulsory 2 0 3
3 IKT112 Introduction to Economics II Compulsory 4 0 6
4 MAT118 Calculus II Compulsory 4 0 6
5 MUH124 Accounting II Compulsory 4 0 5
6 TRD122 Turkish Language II Compulsory 2 0 2
7 YDZI122 English II Compulsory 2 0 2
8 YON116 Management and Organization Compulsory 3 0 4
Total 23 0 30
No Course Unit Code Course Unit Title Type of Course T P ECTS
1 FIN213 Financial Management I Compulsory 3 0 5
2 HUK241 Commercial Law I Compulsory 2 0 4
3 IKT215 Microeconomics Compulsory 4 0 6
4 IST219 Statistics I Compulsory 3 0 5
5 MAT227 Calculus III Compulsory 3 0 5
6 SGR217 Introduction to Insurance I Compulsory 2 0 5
Total 17 0 30
No Course Unit Code Course Unit Title Type of Course T P ECTS
1 FIN214 Financial Management II Compulsory 3 0 6
2 FIN218 Financial Statements and Analysis Compulsory 2 0 2
3 HUK246 Commercial Law II Compulsory 2 0 2
4 IKT216 Macroeconomics Compulsory 4 0 6
5 IKT228 Economics Doctrine Compulsory 2 0 3
6 IST220 Statistics II Compulsory 3 0 5
7 MAT228 Calculus IV Compulsory 4 0 4
8 SGR220 Introduction to Insurance II Compulsory 2 0 2
Total 22 0 30
No Course Unit Code Course Unit Title Type of Course T P ECTS
1 AKT317 Actuarial Mathematics I Compulsory 4 0 5
2 AKT325 Demography and Life Tables Compulsory 2 0 2
3 EKM313 Econometrics I Compulsory 3 0 5
4 FIN315 Financial Investment and Risk Management I Compulsory 2 0 4
5 HUK337 Insurance Law Compulsory 2 0 3
6 MAT327 Probability Theory I Compulsory 2 0 3
7 MAT339 Financial Mathematics Compulsory 2 0 3
8 MUH319 Insurance Accounting I Compulsory 2 0 3
9 YDI337 Business English I Compulsory 2 0 2
Total 21 0 30
No Course Unit Code Course Unit Title Type of Course T P ECTS
1 AKT318 Actuarial Mathematics II Compulsory 4 0 5
2 AKT326 Reinsurance Compulsory 2 0 2
3 BSY324 Research Methodology Compulsory 2 0 2
4 EKM314 Econometrics II Compulsory 3 0 5
5 FIN316 Financial Investment and Risk Management II Compulsory 2 0 4
6 IKT372 Monetary Theory and Policy Compulsory 2 0 2
7 MAT328 Probability Theory II Compulsory 2 0 3
8 MUH320 Insurance Accounting II Compulsory 2 0 3
9 SGR324 Health Insurance Compulsory 2 0 2
10 YDI338 Business English II Compulsory 2 0 2
Total 23 0 30
No Course Unit Code Course Unit Title Type of Course T P ECTS
1 AKT413 Risk Analysis and Actuarial Modelling I Compulsory 2 0 6
2 AKT419 Actuarial Calculations in Casualty Insurance I Compulsory 2 0 6
3 AKT425 Current Financial Problems I Compulsory 2 0 2
4 IKT411 Turkish Economics Compulsory 2 0 4
5 SGR415 Social Security Systems Compulsory 2 0 4
6 SGR423 Liability Insurance Compulsory 2 0 4
7 SGR427 Loss Applications Compulsory 2 0 4
Total 14 0 30
No Course Unit Code Course Unit Title Type of Course T P ECTS
1 AKT414 Risk Analysis and Actuarial Modelling II Compulsory 2 0 6
2 AKT418 Pension Mathematics Compulsory 3 0 4
3 AKT420 Actuarial Calculations in Casualty Insurance II Compulsory 2 0 4
4 AKT426 Current Financial Problems II Compulsory 2 0 2
5 AKT498 Project Application Compulsory 2 0 2
6 FIN426 Portfolio Management Compulsory 2 0 4
7 PAZ436 Insurance Marketing Compulsory 2 0 4
8 SGR412 Transportation and Logistics Insurance Compulsory 2 0 4
Total 17 0 30

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